Friday 12 July 2024

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

*Adani Wilmar:* Company to buy 67% stake in Omkar Chemical Industries at an enterprise value of Rs 56.25 crore. (Neutral)

*Welspun Enterprises:* Dipali Goenka resigns as non-independent director of Company. (Neutral)

*Bombay Dyeing:* Vinod Jain resigns as the Chief Financial Officer (CFO) & Chief Risk Officer (CRO) of the company w.e.f July 11 (Neutral)

*Adtiya Birla Fashion:* Company purchases an additional 17.5% equity stake in Goodview Fashion. (Neutral)

*Samvardhana Motherson:* Company’s unit raises Rs 2,922 crore through senior notes. (Neutral)

*Pitti Engineering:* Company raises Rs 360 crore via QIP. (Neutral)

*Zee Entertainment:* Board to meet to consider and approve raising funds on July 16. (Neutral)

*NCL Industries:* Company’s cement production down 11% (YoY) in June-QTR, company cement dispatches down 11% (YoY) in June-QTR

*GTPL:* Net profit down 73.3% at ₹14.2 cr vs ₹36 cr, Revenue up 8.9% at ₹843.3 cr vs ₹774.4 cr (YoY)
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...