*India Daybook – Stocks in News*
*Ceigall:* Net Profit at Rs 79.4 crore versus Rs 44.2 crore, Revenue at Rs 820 crore versus Rs 650 crore YoY (Positive)
*KPI Green Energy:* Company arm wins orders for 13.30 MW solar projects. (Positive)
*Sameera Ind:* Company approved Issue of Bonus Shares in Ratio Of 4:1. (Positive)
*Jai Corp:* Company gets intimation of merger of promoter Pet Fibers with Mega Pipes (Positive)
*EFC Limited:* Company secures Design and Build Contract with Tata Consultancy Services. (Positive)
*UCAL:* Company signs MOU with Blaer motors Pvt ltd for collaborative product design and development on motor controller (Positive)
*Exhicon:* Company has acquired a 76% majority stake in Perfect Octave Limited for a total consideration of INR 8.52 crores (Positive)
*QMS Medical:* Company board meeting on AUG 29 to consider the proposal for fund raising. (Positive)
*Ultratech cement:* Company announced that it has successfully raised US$500 million through a sustainability-linked loan with participation from six banks. (Positive)
*Solar stocks:* By June 2024, India's total installed solar capacity reached 87.2 GW. (Positive)
*Oil upstream stocks:* Crude jumped overnight as Libya Eastern government says it will stop all oil production and exports. (Positive)
*GRM Overseas:* Company launched strategic platform 10X Ventures. (Positive)
*Raymond:* Company targets CAGR of 12-15%/16-17% in revenue/EBITDA, over FY24-28 (Positive)
*Medi Assist:* Company to acquire 100% stake in Paramount TPA of equity value of Rs 400cr (Positive)
*Rama Steel:* EBISU Global Opportunities Fund bought 3 cr shares at Rs 10 (Positive)
*Interarch Building:* BOFA Securities Europe SA bought 1.3 lk shares at `1,287.75 (Positive)
*AU Small Bank:* Morgan Stanley, SocGen pick stake while Fincare Business sells 1.7 pc stake for Rs 803 cr (Positive)
*HCL Tech:* Company and Xerox extend agreement to drive innovation with AI and digital engineering. (Positive)
*Bondada:* Company said it has been awarded a contract valued at ₹576 crore to execute solar power projects across various districts in Maharashtra. (Positive)
*Vascon Engineers:* Company plans to boost its real-estate business over the next two years. (Positive)
*Adani Power:* Company incorporates wholly-owned subsidiary Adani Power Middle East in Abu Dhabi. (Neutral)
*Repro India:* Ashish Kacholia sold 75,000 shares at Rs 62. (Neutral)
*Fusion Micro:* CRISIL has revised outlook of the company from Stable to Negative Rating Reaffirmed at Crisil A+ (Neutral)
*Paytm:* Company issued clarification that news is not a new development, previously disclosed, Paytm reaffirms compliance & transparency. (Neutral)
*PI Industries:* Company names Sanjay Agarwal as group CFO, effective from 26th, AUG, 2024 (Neutral)
*Vijaya Diagnostic:* Sheshadri Vasan resigns as COO of company, effective November 6. (Neutral)
*Saurashtra Cement:* Company kiln situated at the Ranavav plant Gujarat was under shut down for the annual maintenance from AUG 2 for about 25 days (Neutral)
*GPT Infra:* Company launches QIP, sets floor price at ₹183.83/sh (Neutral)
*Insurance companies:* IRDAI calls for affordable insurance premiums amid surging prices (Neutral)
*Bank of Baroda:* Bank issued the 10-year bonds at competitive rate as participants expected cutoff rate of around 7.32–7.34%. (Neutral)
*Vishnu Chemicals:* Visakhapatnam plant to be shut for scheduled maintenance for two weeks. (Neutral)
*HDFC Bank:* Partners with Zeta for credit line on UPI offerings (Neutral)
*Glnad Pharma:* Qiyu Chen shall cease to continue as a director of the company. (Neutral)
*Yes Bank:* Sumit Bali appointed as conuntry head-retail assets (Neutral)
*Zydus Life:* Clarifies THAT impact factored in sales/ebitda expectations for FY25 (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
