*India Daybook – Stocks in News*
*Granules India:* Company secures USFDA approval for generic Glycopyrrolate oral solution (Positive)
*Petronet LNG:* Company signs MoU with Sri Lanka’s LTL Holdings for supply of LNG to LTL’s dual fuelled Power Plant(s) in Kerawalapitiya, Colombo for 5 years. (Positive)
*Navneet Education:* Company expects 10% overall growth in FY25; Stationery business to grow higher. (Positive)
*UBL:* Heineken Silver and Heineken Original will be available in the state of Karnataka from this month. (Positive)
*Prism Johnson:* Company completed modernisation of tile production plant at vijaywada, tile production capacity of H & R Johnson to reduce to 64 mln MTR SQR PA. (Positive)
*CESC:* Company’s arm incorporates wholly-owned subsidiary Eco fusion Power to explore opportunity in renewable power sector (Positive)
*Indian Toners & Developers:* Company approved proposal for buyback; approved buyback of shares worth up to Rs 206.2 Million, buyback price at 450 rupees per share. (Positive)
*Weizmann:* Company approved proposal for buyback; approved buyback of shares worth up to Rs 58.4 Million, buyback price at 160 rupees per share. (Positive)
*BGR Energy Systems:* Company gets termination of contract from Jharkhand urja sancharan nigam. (Positive)
*Star Cement:* Company plan to take cement capacity to 12 MTPA by FY27. (Positive)
*Sansera Engineering:* Company approved raising of funds of upto Rs 12 billion, Company to further invest 200m rupees in MMRFIC technology (Positive)
*Tata Motors:* Company raised to investment grade, outlook changed to stable from watch positive by S&P Global. (Positive)
*Tata Steel:* Company upgraded to BBB from BBB-, outlook changed to watch positive from stable by S&P Global. (Positive)
*Tata Power:* Company upgraded to BB+ from BBB-, outlook maintained to positive (Positive)
*PI Industries:* U.K. Companies Court approves PI Industries acquisition of Plant Health Care for £ 32.8 million. (Positive)
*Sarda Energy:* Company deposits infusion amount of Rs 1,950 crore in Escrow account as per terms of resolution plan for debt-ridden (Positive)
*Ola:* Company’s S1 X 3 kWh and 4 kWh scooters (2 scooter variants) get Auto PLI certification (Positive)
*Shriram FInance:* CCI approves Mango Crest's acquisition of Shriram Housing Finance (Positive)
*Updater Services:* Company acquired additional 22.3 percent stake in Denave India (Positive)
*Genus Power:* Company gets 3 orders worth Rs 3,609 crore for appointment of Advanced Metering Infrastructure Service Providers (Positive)
*Advait Infratech:* Company gets Order worth 203.3 Mln Rupees (Positive)
*HG Infra:* Company wins bid for Rs 781 crore Gujarat road project (Positive)
*Manorama Industries:* Cocoa Prices May Remain Elevated (Positive)
*Dr Reddy's:* Company announces potential partnership with Aurigene Pharma & Kainomyx for joint development of affordable Anti-Malarial drug: NDTV. (Positive)
*E2E Networks:* Company raises Rs 421 crore via preferential issue of shares. (Positive)
*Dhanuka Agritech:* Company has approved a buyback of 5,00,000 equity shares at Rs. 2,000 per share, totaling up to Rs. 100 crores. (Positive)
*Hindustan Zinc:* Investability weight of Hindustan Zinc in FTSE All-World Index has increased to 7% from 5.49%. (Positive)
*TTK Prestige:* Company is offering to buy back up to 16,66,666 fully paid-up equity shares at ₹1,200 per share (Positive)
*SPML Infra:* Board Meeting on Aug 27 to consider issue of shares (Positive)
*Larsen & Toubro:* Bombay High Court quashes & sets aside GST show cause notice of ₹2,237 cr (Positive)
*PNB Housing:* General Atlantic Singapore Fund FII Pte is likely to offload a 5.1% stake in via a BlockDeal on August 21, at a floor price of ₹775 per share: CNBC-TV18 (Neutral)
*Exide Industries:* Company infuses ₹74.99 Crore in EESL, total investment reaches ₹2,652 Crore (Neutral)
*Cyient:* Company is likely to sell 14.5% stake (1.15 crore shares) in Cyient DLM via block deals. Issue size of the deal is at ₹860.9 crore (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
