Monday 1 July 2024

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

*India Daybook – Stocks in News*



*BEL:* Company gets contract worth Rs 3,172 crore from Armoured Vehicles Nigam. (Positive)

*Cochin Shipyard:* Company Subsidiary Wins Order Worth 1100 Cr Rupees. (Positive)

*Orchid Pharma:* Company partners with Cipla to launch antibiotic Cefepime- Enmetazobactam in India (Positive)

*JSW Energy:* Company arm JSW Neo Energy gets LoA for 300 mw wind-solar hybrid capacity from SJVN (Positive)

*Titan:* Company forms 76-24 JV with Rhythm Jewellery in Bangladesh for manufacturing jeweler products (Positive)

*Zydus Lifesciences:* Company in pact with Dr Reddy’s Lab for co-marketing of Pertuzumab biosimilar. (Positive)

*GAIL:* Company advances its net zero target for scope-1 and scope-2 ghg emissions to 2035. (Positive)

*Real Estate Stocks:* Mumbai's property market hits new highs with record June sales. Over 11,500 property registrations, a 12% year-on-year increase. (Positive)

*Jinal Stainless:* Company acquisition of Singapore-based Sulawesi Nickel Processing will help establish JV in Indonesia. (Positive)

*GE Power India:* Company has received purchase orders from NTPC Limited and Maharashtra State Power Generation Company Limited, aggregating Rs 13 cr. (Positive)

*IREDA:* Loan Disbursements up 67.6% at Rs 5,320 cr vs Rs 3,174 cr (YoY) (Positive)

*Signature Global:* Company bags sales worth Rs 2,700 cr for residential project Titanium SPR in Gurugram (Positive)

*Vedanta:* Vedanta Resources will regain control of Zambia's Konkola Copper Project after a Lusaka Court in Zambia Approved a Debt Settlement Plan (Positive)

*NHPC:* Company has inked a Power Purchase Agreement with Gujarat Urja Vikas Nigam Limited for a 200 MW Solar Power Project at Khavda (Positive)

*eMudhra:* Company is set to acquire 100% ownership of TWO95 International Inc, USA for US $10.1 million. (Positive)

*Surya Rosni:* Company secures ₹53 crore order from Odisha Urban Infrastructure Development Fund. (Positive)

*Central Bank of India:* Bank signs a strategic co-lending partnership with Grihum Housing Finance to offer MSME loans at competitive rates (Positive)

*SBI:* Company Govt panel recommends Challa Sreenivasulu Setty as the next SBI Chairman (Positive)

*Coromandel:* Company introduces 'Paramfos Plus', a magnesium-fortified complex grade fertilizer (Positive)

*KIOCL:* Company has received approval from the Finance Minister and Steel Minister for Phase-I of the Devadari Iron Ore Mine Project in Karnataka (Positive)

*REC:* Company approves incorporation of 2 project-specific SPVs as wholly owned subsidiaries of arm. (Positive)

*Imagicaa:* Company has acquired water parks, theme park, and amusement park from Giriraj Enterprises in Maharashtra. (Positive)

*India Glycol:* Company says second phase of expansion of Bio-Fuel Ethanol plant at Kashipur in progress (Positive)

*Ultratech:* Company says commissioning of an additional 3.35 Mtpa Clinker along with 1.8 Mtpa grinding capacity (Positive)

*HEG:* Company has achieved a 15% increase in sales compared to last quarter. (Positive)

*PEL:* Unit approves establishment of of EMTN Programme in compliance with U.S. Securities Act. (Positive)

*Rajoo Engineering:* Company recommended issuance of Bonus shares to the fully paid equity shares in the proportion of 1:1. (Positive)

*Godrej Properties:* Company acquires leasehold rights for 11 acres in Hinjewadi, Pune with revenue potential of Rs 1,800 crore (Positive)

*Gulshan Polyols:* Company has been allocated a Quantity Of 2713 Kiloliters of Ethanol Having an Estimated Order Value of 19 Cr Rupees (Positive)

*Shri Bajrang Alliance:* Company Capital Expansion of Ethanol Plant by 120 KLPD. (Positive)

*HG Infra:* Company incorporates arms HG Kushlawa Solar, HG Moolraj Solar & HG Paleena Solar (Positive)

*LAURUS LAB:* Company has received the EIR, indicating closure of the inspection at company API manufacturing facilities at Andhra Pradesh (Positive)

*Newgen Software:* Company has received and accepted Purchase Orders. The aggregate value of the aforesaid purchase orders is Rs. 13 Cr. (Positive)
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...