Monday 15 July 2024

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

India Daybook Stocks in News



*Apollo Micro:* Company is shortlisted keeping in view the capability and was awarded make ii project by the Indian army, this project is for the procurement of a vehicle mounted counter swarm drone system. (Positive)

*EMS:* Company gets LoA for project worth ₹141 cr from Uttarakhand Power Corporation (Positive)

*LUPIN:* U.S. FDA inspection at Dabhasa manufacturing facility in Gujarat closes with no observations. (Positive)

*Piramal Pharma:* U.S. FDA’s pre approval inspection at Ahmedabad manufacturing facility in Gujarat closes with no observations. (Positive)

*Cipla:* Company has been classified as Voluntary Action Indicated by the USFDA for its manufacturing facility in Kurkumbh, Maharashtra, India. (Positive)

*Alembic Pharma:* Company gets tentative U.S. FDA approval for Selexipag injection (Positive)

*Sunteck Realty:* Company’s Q1FY25 pre-sales at Rs 502 crore, up 30% year-on-year. (Positive)

*Plastiblends:* Net profit up 42.1% at ₹10.8 cr vs ₹7.6 cr, Revenue up 8.1% at ₹211.6 cr vs ₹195.7 cr (YoY) (Positive)

*Infosys:* Company foundation USA joins forces with congressional app challenge to champion stem education (Positive)

*RVNL:* Company gets LOA from central railway worth 1.33b rupees (Positive)

*GTPL Hathway:* Received permission from Ministry of Information and Broadcasting for providing Headend-In-The-Sky (HITS) Services (Positive)

*GE T&D India:* Company has received of order from Power Grid with basic price 490 Cr INR (Positive)

*Sterlite Technologies:* Crosses milestone towards its Global Services Business demerger (Positive)

*Central Bank:* Entered in co-lending partnership with Arka Fincap to offer MSME loans (Positive)

*Marico:* In medium term, company aims to deliver double-digit revenue growth. (Positive)

*Godrej CP:* Company announced that It has developed ‘renofluthrin’ - A Patented Mosquito Repellent Molecule and Has Integrated It into Its Household Insecticide Product (Positive)

*Deep Industries:* Company gets a contract worth Rs 82 crore from ONGC to charter hire 100MT and 150MT workover rigs contract for 3 years each (Positive)

*PayTM:* Investor Akash Bhanshali name appear with 1.21% stake in during Q1 (Positive)

*HCL Tech:* Company’s executive said that expect good deal bookings in next few quarters (Positive)

*ISMT:* Investor Mukul Mahavir Agrawal Increase stake by 1.05% during Q1. (Positive)

*ZenTech:* Company introduces AI-powered robots, unveils 4 products for the global defense market (Positive)

*Manaksia:* Company updated regarding recognition by Ministry of Commerce & Industry as three star export house (Positive)

*Apcotex Industries:* Company has resumed normal operations at its Taloja, MIDC plant. (Positive)

*Tanla Platforms:* Company has partnered with a Global Tech Major to use Wisely ATP to combat scams on their messaging platform by identifying fraudulent phone numbers. (Positive)

*Macrotech:* Company acquires three land parcels in Mumbai region and Pune for projects with revenue potential of over Rs 11,000 crore. (Positive)

*Hind Petro:* Moody's Ratings upgrades HMEL's CFR to Ba1; outlook stable. (Positive)

*BEPL:* Net profit up 5.6% at ₹53.4 cr vs ₹50.5 cr, Revenue up 15.4% at ₹340 cr vs ₹294.5 cr (YoY) (Neutral)

*Indusind Bank:* Board Meeting on July 19 to Consider Proposal Relating to Issuance of Long Term Bonds/debt Securities. (Neutral)

*ZOMATO:* Company unit Zomato Slovakia s.r.o., situated in slovak republic has been dissolved w.e.f. July 12, 2024 (Neutral)

*Oriental Hotels:* Net Profit at Rs 3.6 cr vs Rs. 12.20 cr (YoY), Revenue at Rs 81.4 cr vs Rs 91.9 cr (YoY) (Neutral)

*Shoppers Stop:* Company says as of now, no tie-up is done with Aditya Birla group's luxury store (Neutral)

*Taal Enterprises:* Equity intelligence India private limited increased stake by 0.20% in co during Q1 (Neutral)

*Tata Steel:* Fitch revises outlook on Tata steel to negative from stable; affirms at 'BBB-'. (Neutral)
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...