India Daybook – Stocks in News
Waaree Energies: Company secures a contract for a 412 MWp solar project in Rajasthan. (Positive)
Amara Raja: Company Announces Strategic Technology Collaboration with Gotion-InoBat-Batteries (Positive)
Sun Pharma: Company Says Combined Entity Is Better Positioned To Compete In Increasingly Competitive Generics Industry (Positive)
S H Kelkar: Company entered into share purchase agreement for sale of 40% stake held by KFL in Nutaste food and drink labs, deal for 125.1m rupees valuing the business at 310m rupees. (Positive)
Swan Energy: Company board approves 49% stake buy in TOPL for ₹440 cr. (Positive)
Muthoot Capital: Company to initiate registration process as a corporate agent with IRDAI. (Positive)
VPRPL: Received contract by office of the Executive Engineer Division XXIV(WS) Goa, having a total value of Rs. 678.18 million. (Positive)
Ceinsys Tech: Received order of extension of Letter of Award from State Water and Sanitation Mission (SWSM), Uttar Pradesh for Lucknow and Devipatan Clusters (Positive)
Himalaya Food: Dollar Tree Chain of Stores USA has approved relaunch of Frozen Appetizers under Himalaya owned brand ‘Chef Ernesto’ (Positive)
Tide Water: Promoter Entity bought 1.62 lakh shares at Rs 2029.37/ Share (Positive)
KIMS: Board Meeting to be held on 28-Jun-2024 to consider and approve Stock split (Positive)
Ind Swift lab: Board to meet on 27 June to consider and approve raising of funds via equity (Positive)
IndiGo: Company doubles frequency between Jeddah and Mumbai (Positive)
Ambuja Cements: Company secures 24 bids for fresh limestone mines, with estimated total resource of 587 million tonne. (Positive)
Shree Cement: Company announced Rs 4,000 crore investment to enhance its renewable energy portfolio now represents almost half of its total installed power capacity. (Neutral)
Maruti: Company gets GST demand notice of ₹5.4 crore for period July 2017 to March 2023. (Neutral)
Sun Pharma: Company has successfully completed the merger of Taro Pharma with its subsidiary. (Neutral)
Borosil: Company opens QIP, sets floor price at ₹331.75/share. (Neutral)
Shalby: Company terminated franchise agreement with madhuban orthopedic and multispecialty surgical hospital. (Neutral)
Zee Entertainment: Company’s CEO Puneet Goenka acquires majority stake in Maverick Media (Neutral)
Hariom Pipes: Raises Rs 72cr via preferential issue to promoters and non-promoters (Neutral)
Chemplast Sanmar: Company approved raising of funds worth up to 10b rupees (Neutral)
JP Associates: Company is offering to pay Rs 200 crore upfront with an assurance to settle Rs 16,000 crore over next 18 months. (Neutral)
Satin Credit Care: Company appoints Monoj Agrawal as CFO of the company w.e.f July 1 (Neutral)
State Bank: FSIB to hold interviews to select a suitable candidate for the post chairman. (Neutral)
AU Small Bank: Company to consider fund raising via QIP or private placement or other modes on June 27. (Neutral)
RBL Bank: Company to consider fund raising via QIP on June 27 (Neutral)
Britannia: Company stops production at historic Kolkata plant, employees offered VRS. (Neutral)
RR Kabel: Promoter Entity sold 5.90 lakh shares at Rs 1734.58/ Share (Neutral)
Allcargo Gati: Company to raise up to ₹200 cr via QIP, indicative price ₹101 cr, floor price ₹106.07/sh (Neutral)
Bandhan Bank: RBI has appointed Arun Kumar Singh, Retd RBI CGM as additional director on the board (Neutral)
Happiest Minds: Promoter and executive chairman, Ashok Soota, has initiated a block deal to sell a 6% stake in the company.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
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