India Daybook Stocks in News
*Ward wizard:* Company gets order worth $1.29 billion from Beulah International Development Corporation to revolutionize Philippines public transport with electric vehicles (Positive)
*KEC Int:* Company gets new orders worth Rs 1,061 crore across business verticals. (Positive)
*Artson Engineering:* Company gets Rs 126 crore order for engineering and construction at Guwahati International Airport (Positive)
*Vakrangee:* Company Partners with Tax2Win for Offering Income Tax Return Filing Services, GST Registration / Return and other Value Added Services on Pan India Basis. (Positive)
*IDBI Bank: Gets income tax order determining Rs 2,701.6 crore refund for AY 2016-17. (Positive)
*RVNL:* Company emerges lowest bidder for a project of Southern Railways worth ₹156.47 crore (Positive)
*Kotak Mahindra Bank:* RBI green signal to Kotak Mahindra General Insurance for 70% stake sale to Zurich Insurance. (Positive)
*Raymond:* Company to redevelop residential project in Bandra estimated to have revenue potential of over Rs 2,000 crore (Positive)
*Gulsha Polyols:* Company Updated Regarding Successful Trail Run For Grain Based Ethanol Plant Of 250 Klpd Capacity At Goalpara, Distt. Assam. (Positive)
*Sharda Motor:* Company plans to buy back up to 10,27,777 fully paid-up equity shares at INR 1,800 per share. (Positive)
*Lupin:* Company signs business transfer agreement with arm Lupin Life Sciences for trade generics business in India. (Positive)
*Adani Green:* Company to set up two wind farms in SriLanka's Mannar town and Pooneryn villages (Positive)
*HDFC AMC:* Company has approved the declaration of Interim Dividend of Rs. 70/- per equity share (Positive)
*Railtel Corp:* Company gets order worth Rs 81 crore from National Informatics Centre Services for ICT infra (Positive)
*Samvardhana Motherson:* Company and its subsidiary SMRP B.V have been upgraded to "Baa3 Stable / Investment Grade" ratings by Moody's. (Positive)
*Ami Organics:* Company says the inspection has concluded successfully on June 7, 2024 without any critical/major observation (Positive)
*EIH Associated Hotels:* Board meeting on June 14 to consider issuing Bonus Shares (Positive)
*Godawari Power:* Board to consider a buyback of equity shares on June 15. (Positive)
*Adani Enterprises:* Adani Airports handles over one million tonnes of Cargo in financial year 2024 to capture a 30.1% market share (Positive)
*PFC:* Maithan Alloys acquires shares worth Rs 101 crore of Power Finance Corp (Neutral)
*Happy Forging:* board gives in-principle approval for setting up solar power plant with investment of up to Rs 120 crore (Neutral)
*Thermax:* Nalanda Capital sells 1.2% stake in company for Rs 765 cr (Neutral)
*Tata Motors:* Company launched Altroz Racer, prices start from Rs 9.49 Lakh (Neutral)
*Petronet LNG:* Petroleum board draft regulations pose challenges for Petronet LNG pricing strategy. (Neutral)
*HDFC Bank:* Announces a reduction in its home loan rate for the 2-year tenure. (Neutral)
*ICICI Bank:* SEBI issues administrative warning to ICICI Bank on outreach for ICICI Securities delist. (Neutral)
*Borosil Renewables:* Company board approves raising up to Rs 450 crore via rights issue of shares. (Neutral)
*Dalmia Bharat:* Company has received reaffirmation in credit rating for bank facilities at CRISIL AA+; Stable / CRISIL A1+. (Neutral)
*MPhasis:* BCP Topco IX Pte likely to sell 10.6% stake in Mphasis via block deals; base price at ₹2,350/share. (Neutral)
*Dr Reddy:* Company’s manufacturing unit in Andhra Pradesh gets 4 observations from US FDA. (Neutral)
*Jubilant Pharmova:* U.S. FDA completes audit of contract manufacturing facility at Washington, issues 3 observations (Neutral)
*Gland Pharma:* Company appoints Srinivas Sadu as Executive Chairman & CEO of the company w.e.f. June 10, 2024. (Neutral)
*Suzlon:* Independent director-Mark Desaedeeleer resigns citing corporate governance standards (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
