Wednesday 5 June 2024

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

India Daybook Stocks in News

@AlliesFin

LTI Mindtree: Strategic Partnership with SAP to pioneer Digital Solutions for Complex Manufacturing (Positive)

GPT Infra: Company bags order worth ₹547 cr from RVNL (Positive)

Punjab National Bank: Company Board approves diluting 10% stake Canara HSBC Life Ins by listing it on NSE/BSE via IPO (Positive)

CONCOR and Shipping Corp: Both companies have inked MoU to provide seamless end to end logistics solution (Positive)

Wipro: Company in pact with Zscaler for AI-assisted decision support platform Wipro Cyber X-Ray (Positive)

Infosys: Company collaborates with Japan-Based Nihon Chouzai to expand healthcare access in Japan (Positive)

Jindal Stainless: Company completes acquisition of Evergreat International Investment, Singapore. (Positive)

Shilpa Medicare: Arm filed application with USFDA for serum products. (Positive)

IKIO Lighting: Commenced commercial production at the Factory Situated in Noida (Positive)

Oil downstream stocks: Brent crude below $78/bbl-Lowest Since Februrary 2024 (Positive)

VPRPL: Company's order book as on march 31 stands at about 47.17b rupees to be executed over next 24-36 months (Positive)

Vodafone Idea: CARE Ratings revised rating assigned to long-term bank facilities to CARE BB+ from CARE B+ with outlook maintained as Stable (Positive)

NLC India: Company to consider raising foreign currency loan of up to $600 million on June 10 (Neutral)

VIP Ind: Company announced the resignation of Nisaba Godrej as Independent Director of the company on 03 June 2024. (Neutral)

Tata Motors: Board approves set up of wholly-owned subsidiary (Neutral)

Sun Pharma: Company submits marketing authorization application to EMA for approval of Nidlegy. (Neutral)

Ashok Leyland: Company launches 'Sarathi Suraksha' policy aimed at safeguarding driver community. (Neutral)

State Bank: Board meeting intimation for long term fund raising upto $3 bn (Neutral)

NLC India: Company to consider raising foreign currency loan of up to $600 million on June 10. (Neutral)

Filatex Fashions: Company Board will meet on 07 June 2024 to consider stock split of equity shares of the company from face value of Rs 5 to Re 1 per share. (Neutral)

Vakrangee: Company to acquire further 48.5% stake in Vortex Engineering. (Neutral)

Hindalco: Novelis delays billion dollar #IPO citing market conditions, new timeline unclear
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*Fund Houses Recommendations* Macquarie on *JSW Steel:* Upgrade to Outperform on Company, raise target price at Rs 1077/Sh from Rs 884/Sh...