India Daybook Stocks in News
Zydus Life: Company receives final approval from USFDA for sacubitril and valsartan tablets. US sales of Approx 5.5B. (Positive)
Oriental Rail: Company secured orders worth 193.4m rupees from rail coach factory (Positive)
Sula Vineyards: Company Q1 net revenue up 9.7% (YoY), company will begin bottling at unit in Maharashtra. (Positive)
Satin Credicare: Company gets €15 million debt funding from Austria's OeEB (Positive)
Ahasolar Technologies: Company gets work order for electric vehicles charging infrastructure, company gets work order worth 4.5m rupees (Positive)
MOS Utility: Company unit MOS Logconnect Pvt ltd, partners with India post to revolutionize postal services nationwide. (Positive)
GE Power: Company to sell its hydro business undertaking to GE Power Electronics. (Positive)
KCP Sugar: Net Profit at Rs 54.1 cr vs Rs. 30.6 cr, Revenue at Rs 88.6 cr vs Rs 95.8 cr (YoY) (Positive)
IRB Infrastructure: Company’s gross toll collection at Rs 517 crore in June, up 35% year-on-year (Positive)
Yes Bank: Moody’s affirms Bank's Ba3 ratings, changes outlook to positive from stable. (Positive)
Oriana Power: Company gets new order worth Rs 155 crore for 40 MWp solar plant in Rajasthan (Positive)
Bajaj Healthcare: Company approves raising up to Rs 137 crore via preferential issue of shares. (Positive)
Shalby: Company gets Mumbai Charity Commissioner's nod for executing 30-year lease for Asha Parekh Hospital in SantaCruz, Mumbai. (Positive)
Zee Media: Company appoints Karan Abhishek Singh as CEO of the company w.e.f. July 10, 2024 (Neutral)
Yes Bank: Bank’s $5 billion stake draws interest from Middle East and Japan buyers. (Neutral)
Glenmark Pharma: Company to sell 7.84% Glenmark Life stake via OFS. (Neutral)
Bartronics India: Kinex India to sell 4.43% stake in company via OFS. (Neutral)
SBI: Bank raised rs. 10,000 crores at a coupon rate of 7.36% through its sixth infrastructure bond issuance. (Neutral)
IRCTC: DMRC, and CRIS collaborate to promote the 'One India – One Ticket' initiative, enhancing the travel experience for Main Line Railway and Metro passengers in the Delhi NCR area (Neutral)
JTL Industries: Net Profit at Rs 30.7 cr vs Rs. 25.4 cr (YoY), Revenue at Rs 515 cr vs Rs 500 cr (YoY) (Neutral)
Asian Paints: Company confirms price hike across portfolio by 1%, to be effective July 22. (Neutral)
Dhruv Consultancy: company wins order worth 5.7cr rupees. (Neutral)
Tata Elxsi: Net Profit at Rs 184 cr vs Rs. 189 cr (YoY), Revenue at Rs 926 cr vs Rs 850 cr (YoY). (Neutral)
Rallis India: Company files writ petition in Bombay HC against tax demand worth Rs 408 crore by IncomeTax department. (Neutral)
L&T: Company's step-down wholly-owned subsidiary incorporates arm L&T CIS in Uzbekistan. (Neutral)
Power Grid: Company to increase current borrowing limit from to Rs 15,000 crore in FY25. (Neutral)
Kesoram Industries: Net loss at Rs 62 cr vs loss of Rs. 32.4 cr (YoY), Revenue at Rs 879 cr vs Rs 999 cr (YoY).
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
