India Daybook
Stocks in News
Alhuwalia Contracts: Company gets Rs 572 crore order from Airport Authority of India for development of new civil enclave at Darbhanga Airport in Bihar. (Positive)
CG Power: Company enters into Development Agreement with Sky bound Realty. (Positive)
RVNL: Company signs MoU with Delhi Metro Rail Corp for participation in upcoming projects in India and abroad (Positive)
Sanghvi Movers: Company incorporates wholly owned subsidiary, Sangreen Logistics. (Positive)
Railtel corporation: Company secured order worth Rs.239.6m (Positive)
Shilpa Medicare: Company’s CDMO customer reported positive results from pivotal clinical trial & placed binding purchase order. (Positive)
Raymond: Company Board approves demerger of Raymond Realty and Raymond Limited. 1 equity share of Raymond Realty every 1 equity share of Raymond Limited. (Positive)
BGR Energy: Company to raise up to ₹1,000 cr via rights issue (Positive)
KDDL: Company board meeting on July 9 to consider a proposal for buyback of shares (Positive)
IDFC First Bank: LIC acquires additional 2.68% stake in Bank for Rs 150 crore (Positive)
ICICI Lombard: Company launches AI-powered health insurance plan (Positive)
Ujjivan SFB: Deposits up 22% at Rs 32,500cr; Loan book up 19% at Rs 30,091cr YoY (Positive)
Capital SFB: Asset & CASA ratio improves QoQ, Deposit at Rs7778cr vs Rs 7064 cr, up 10.1% YoY (Positive)
PNB: Global Deposits Up 2.8% QoQ & 8.5%, Domestic Deposits Up 2.7% QoQ & 8.1% YoY (Positive)
IRCON: Company gets order worth ₹750.82 crore from Rail Vikas Nigam Limited (RVNL) (Positive)
United Spirits: Company signs leased manufacturing agreement with West Bengal government. (Positive)
UCO Bank: Total Advances Up 17.78% at Rs 1.94 lakh Cr Vs Rs 1.64 lakh Cr YoY, Total Deposits Up 7.39% at Rs 2.68 lakh Cr Vs Rs 2.50 lakh Cr YoY (Positive)
Poonawalla Fincorp: Company's AUM grew by 52% to Rs 26,970 crore in Q1FY25. (Positive)
Krsnaa Diagnostics: Receives order from Bhabha Atomic Research Centre for providing Tele Reporting Services for Radiology at the BARC Hospital, Mumbai (Positive)
VST Ind: Radhakishan Damani increased stake by 2 percent to 36.33 percent (Positive)
Bajaj Auto: Company to launch World's First CNG Bike. Plans to manufacture 20,000 units/month by 2025 (Positive)
ESAF Small Finance Bank: Total Deposits Up 33.41% YoY & Up 5.13% QoQ, Term Deposits Up 24.65% YoY & 3.87% QoQ (Positive)
Mahindra Life space: Company Developers selected as preferred partner for redevelopment of 7 residential societies in Mumbai's Borivali West. (Positive)
FSN E-Commerce: Company’s arm incorporates wholly owned subsidiary, Nysaa Cosmetic Trading in Qatar (Positive)
Ixigo: Net profit at Rs 7.34 cr vs Rs 4.69 cr (YoY), Revenue at Rs. 167.99 cr vs Rs. 138.85 cr (YoY) (Positive)
H.G. INFRA: Company says H.G. solar projects PVT ltd, a wholly owned subsidiary of co, has incorporated a wholly owned subsidiary, namely H.G. DUDU solar project PVT ltd (Neutral)
HDFC Bank: The Bank’s gross advances grew by 14.9% YoY (Excluding merger impact) (Last Quarter growth was 17.3%) The Bank’s deposit grew by 16.5% YoY (Excluding merger impact) (Last Quarter growth was 18.4%) (Neutral)
CIPLA: Company says dissolution of wholly owned step-down subsidiary in Philippines. (Neutral)
Zomato: Company shuts down hyperlocal delivery platform 'Xtreme' amid poor demand (Neutral)
Delhivery: MCA approves incorporation of Company’s wholly-owned subsidiary, Delhivery Robotics India. (Neutral)
IDBI Bank: Total Deposits Up 13% At Rs. 2.77 lakh Cr Vs Rs. 2.44 LK Cr (YoY), Net Advances Up 17% at Rs. 1.94 Lk Cr vs Rs 1.65 Lk Cr (YoY) (Neutral)
Greaves Ind: Unit Greaves Finance Names P. B. Sunil Kumar as CEO. (Neutral)
Lloyds Metals: QIP opens at ₹732.08/sh floor price (Neutral)
Coforge: Company acquires 30 lakh shares of CignitiTech aggregating to 11.07% of current paid-up share capital & 10.97% of expanded capital. (Neutral)
Elecon Engineering: Company has informed the Exchange that Record date for the purpose of Split/Subdivision is 19-Jul-2024. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
