Friday 30 August 2024

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

India Daybook Stocks in News
@AlliesFin

*Kaynes Tech:* Company inaugurates electronics manufacturing facility in Hyderabad (Positive)

*GE Shipping:* Company contracts to sell 2011-built Supramax dry bulk carrier. (Positive)

*Lupin:* Company launches Doxorubicin Hydrochloride Liposome Injection in single-dose vials in U.S. drug market. (Positive)

*NTPC:* Company commissioning of first part capacity of 160 mw out of 320 mw Bhainsara solar PV project. (Positive)

*Genus Power:* Company has incorporated following five wholly-owned step-down subsidiarie. (Positive)

*ITI:* Company gets order to supply 500 sets of electronic voting machines. (Positive)

*NLC India:* Company to enter into JVA between co and Rajasthan Rajya Vidyut Utpadan Nigam via unit for setting up of lignite based thermal power station. (Positive)

*Marine Electricals:* Company got order worth Rs 41.7 million from Schneider electric India. (Positive)

*IREDA:* Company Secures International Credit Rating from M/s. S&P Global Ratings Limited assigned 'BBB-' long-term and 'A-3' short-term issuer credit ratings to IREDA, with Outlook ‘Stable’.. (Positive)

*RVNL/Patel Eng:* Companies signed MoU to create a supportive framework for synergizing Hydro and Infrastructure Projects in India and abroad (Positive)

*CDSL:* Company gets SEBI approval for appointment of Nehal Vora as MD & CEO of the company (Positive)

*Infosys:* Company announces expansion of collaboration with NVIDIA for AI-powered, customer-centric solutions. (Positive)

*Amber Ent:* Small Cap World Fund Inc bought 1.85 lk shares at Rs 4522.45 (Positive)

*Globus Spirits/ BCL/ Gulshan:* Govt permitted the sale of up to 2.3 million tonnes of rice from Food Corporation of India (FCI) (Positive)

*Sugar stocks:* Government removes cap on supply of sugarcane juice/syrup, B molasses, C molasses for production of ethanol. (Positive)

*Infosys:* Company announced the expansion of its collaboration with Nvidia for AI-powered, customer-centric solutions to drive innovation and operational excellence for telcos (Positive)

*Lemon Tree:* Company said it has signed a licence agreement for a new property in Ayodhya, Uttar Pradesh. (Positive)

*ICICI Lombard:* Market share gains in Motor and Health will continue. (Positive)

*JSW Steel:* Company update on acquisition of up to 66.67% economic interest in m res NSW HCC PTY, transaction for sale of ILLAWARRA metallurgical coal by south32 completed. (Neutral)

*Anant Raj:* Company board approved the acquisition of 100% equity shares of Sheetij properties pvt ltd (Neutral)

*Manappuram Finance:* Fitch Ratings affirms Manappuram Finance at 'BB-', outlook stable. (Neutral)

*Jai Corp:* Company approved buyback of shares worth up to Rs 1.18 billion via tender offer route, buyback price of 400 rupees per share (Neutral)

*SJS Enterprises:* Company enters agreement with Sunsource energy, Suryaurja one, Agreement for supply of up to 3 MWP of solar power for Rs 10.5 million. (Neutral)

*LIC:* Company gets GST demand order of Rs 610 cr for FY20 (Neutral)

*Samaan Capital:* Company’s board approves raising up to Rs 30,000 crore via NCDs. (Neutral)

*Techno craft:* Company’s buyback to open on September 2, close on September 6 (Neutral)

*Shipping Corp:* Company gets GST demand and penalty order worth Rs 160 Cr from Mumbai tax authority (Neutral)

*GPT Infra projects:* Company approved allocation of shares at Rs 174.64 per share via QIP. (Neutral)

*Steel exchange India:* Company issue of convertible warrants for up to Rs 999 million. (Neutral)

*Kernex Microsystems:* Company says cyber- security incident occurred on 28 august. (Neutral)

*CL Educate:* Company approved the acquisition of digital examination worth Rs 230 Cr. (Neutral)

*Spicejet:* Due to operational reasons, few spicejet flights from Dubai were cancelled, Company says all our scheduled flights from Dubai are now operating as planned – RTRS. (Neutral)

*Prestige Estates:* Launches QIP to Raise Up To ₹5,000 Cr, Indicative Issue Price ₹1,674/Sh (Neutral)

By: ۞ A X i T D S H A H ۞ 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...