Tuesday 23 July 2024

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

India Daybook – Stocks in News

Pondy Oxides: Net profit at Rs 13.0 cr vs Rs 4.0 cr, Revenue at Rs 445 cr vs Rs 326 cr (YoY) (Positive)

Jana SFB: Net profit at Rs 171 cr vs Rs 90 cr, NII at Rs 610 cr vs Rs 462 cr (YoY) (Positive)

Cyient DLM: Net profit at Rs 10.5 cr vs Rs 5.3 cr, Revenue at Rs 257 cr vs Rs 217 cr (YoY) (Positive)

Cochin Minerals: Net profit at Rs 5.9 cr vs Rs 2.2 cr, Revenue at Rs 88 cr vs Rs 66 cr (YoY) (Positive)

Maharashtra Scooters: Net profit at Rs 8.3 cr vs Rs 0.5 cr, Revenue at Rs 7.7 cr vs Rs 5.3 cr (YoY) (Positive)

Suzlon: Net profit at Rs 302 cr vs Rs 101 cr, Revenue at Rs 2022 cr vs Rs 1351 cr (YoY) (Positive)

RailTel: Company bags order worth ₹186.81 crore from Ministry Of Railways (Positive)

SRM Contractors: Company has signed the agreement for EPC Project of NHAI for aggregate quoted price of Rs 100.45 cr (Positive)

Gensol Engineering: Company becomes preferred bidder for 116 MW solar projects with EPC revenue of Rs 600 crore in Gujarat (Positive)

Can Fin homes: SBI Life buys 10 lakh shares of company at Rs. 827.94/share. (Positive)

Power Stocks: Renewable energy industry officials calls for rationalization of GST for solar equipment. (Positive)

Fineotex Chemical: Company raises Rs 342.55 crore through issue of equity shares and warrants on preferential basis. (Positive)

PowerMech: Uttarakhand Government revises tender offer for hospital construction to Rs 594 crore from Rs 362 crore (Positive)

Oil India: Company in pact with Norway's Dolphin Drilling for hiring Dolphin's drilling unit called Blackford. (Positive)

Wardwizard: Company strengthens global footprint with focused Export strategy. (Positive)

Crompton Greaves: Company says net debt positive after paring down acquisition related debt (Positive)

Federal Bank: RBI approves appointment of KVS Manian as MD and CEO of Bank. (Positive)

GE Power: Company’s JV with NTPC receives Rs 348 cr for renovation and modernisation of steam turbines. (Positive)

Mahindra Logistics: Company approves re-appointment of Rampraveen Swaminathan as MD & CEO for 5 years. (Positive)

Lemon Tree Hotels: Company signs licensing pacts for 57-room hotel in Goa and 44-room hotel in Punjab. (Positive)

KPI Green Energy: Company receives letter of award from MAHAGENCO for development of a 100-megawatt solar power project. (Positive)

Greenlam Industries: Net profit at Rs 19.9 cr vs Rs 33.0 cr, Revenue at Rs 604.7 cr vs Rs 515.2 cr (YoY) (Neutral)

Kiran Vyapar: Net profit at Rs 34.7 cr vs Rs 24.7 cr, Revenue at Rs 28.6 cr vs Rs 27.3 cr (YoY) (Neutral)

Allied Blenders: Net Loss at Rs 2.4 cr vs Rs 1.28 cr, Revenue at Rs 767.6 cr vs Rs 770.9 cr (YoY) (Neutral)

Cigniti Technologies: Net Profit at Rs 10.5 cr vs Rs 27.1 cr, Revenue at Rs 470 cr vs Rs 456 cr (QoQ) (Neutral)

Zensar Tech: Net profit at Rs 160 cr vs Rs 173 cr, Revenue at Rs 1290 cr vs Rs 1230 cr (YoY) (Neutral)

Pfizer: Board Meeting on July 29 to Consider Q1 Results (Neutral)

SBIN: Board Meeting on August 3 to Consider Q1 Results (Neutral)

Tata Power: Board Meeting on August 6 to Consider Q1 Results (Neutral)

Vedanta: Company regains Control of Konkola Copper Mines in Zambia (Neutral)

TRENT: Westside launches its 230th Store in Lucknow (Neutral)

Jet Airways: NCLT Likely To Next Hear Jet Airways Case Today (Neutral)

Tata Consumer: Board Meet to consider Rights Issue Today (Neutral)

Spice Jet: Board Meet to consider Raising Fresh Capital via QIP Today (Neutral)

Apollo Micro: Board Meet to consider fund raising via Equity Shares or Convertible Securities including warrants on preferential basis Today (Neutral)

Reliance Ind: Reliance New Energy acquires balance 12.7% stake in Reliance Lithium for €3.7 million. (Neutral)

SAIL: Board Meeting to be held on 25-Jul-2024 to consider Fund raising. (Neutral)

MRPL: Net profit at Rs 73.2 cr vs Rs 1014.8 cr, Revenue at Rs 27,289.4 cr vs Rs 24,825.1 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...