Bharat India Daybook
Stocks in News
@AlliesFin
IEX: Total Volume Up 35.8% YoY at 12,040 MU, Total Electricity Volume up 17.1% YoY at 9,914 MU (Positive)
Defence Stocks: Defence Acquisition council approves 10 capital acquisition proposals worth Rs 1.45 lakh crore. (Positive)
Bajaj Auto: Company will continue to top industry peers given the tailwinds, says Executive Director Rakesh Sharma. (Positive)
GSK Pharma: Company gets income tax refund of ₹222.23 crore for assessment year 2022-23. (Positive)
Atlanta: Company commencement certificate received from thane municipal corp for project Atlanta enclave phase 11. (Positive)
AU Small Finance: Company submits application to #RBI for voluntary transition from a Small Finance Bank to Universal Bank. (Positive)
MOIL: Company registers Best August production Achieves 7 % growth during April -August ’24. (Positive)
Godfrey Phillips: Company finalises plans for sale of retail business 24Seven (Positive)
NHPC: Company signs MoU with Department of Water Resources (WRD), Govt of Maharashtra for establishment of energy storage systems (Positive)
Oil downstream stocks: Oil drops over 4% on possible Libya deal which might lead to resumption of oil output. (Positive)
PDSL: Company says facilities have resumed normal operations in Bangladesh. (Positive)
Sonata Software: Merger of Encore Software with Sonata Software North America completed. (Neutral)
Mankind Pharma: Company today finalised a Business Transfer Agreement to transfer its over-the-counter business undertaking to its wholly owned subsidiary (Neutral)
Hitachi Energy: The company said it has received a tax demand totalling ₹46.29 crore following an audit conducted by the Assistant Commissioner of Commercial Taxes (Neutral)
Yatra Online: Company to acquire Globe Travels for Rs 128 crore (Neutral)
Torrent Power: Company revises MoU with Maharashtra government for storage projects to 5,600 MW from 5,700 MW earlier. (Neutral)
Paradeep and Mangalore Chemicals: BSE issues letter on merger with certain observations of SEBI. (Neutral)
Texmaco Rail: Company completes the acquisition of Jindal Rail Infrastructure. (Neutral)
ONGC: Company is considering setting up a multibillion dollar refinery and petrochemical project in Uttar Pradesh. (Neutral)
LIC: Company’s Bangladesh operations fully resumed with effect from Sept 2 (Neutral)
SpiceJet: Chairman and MD Ajay Singh likely to dilute 10% stake in the company. (Neutral)
Krystal integrated services: Company enters into MOU with Vishnu Prasad Research Centre. (Neutral)
Orchid Pharma: Company got no-objection letters from BSE, NSE for merger of Dhanuka laboratories with Company. (Neutral)
Adani Enterprises: Company incorporates unit Adani Energy Resources in Shanghai, China. (Neutral)
UPL: Company’s U.K.-based arm acquires unit Advants Holdings in Thailand for $22,000. (Neutral)
Spandana Sphoorty: Board meeting on sept 6 to consider issue of non-convertible debentures on private placement basis. (Neutral)
Max Estates: Company raises Rs 800 crore via QIP. (Neutral)
*ZEEL:*Company said it has received approval from the Ministry of Corporate Affairs, Office of the Registrar of Companies in Mumbai, for an extension to hold its 42nd Annual General Meeting. (Neutral)
Zydus Life: U.S. FDA warning letter identifies gaps in company’s manufacturing practices with regard to cGMP.
GIC RE: Government likely to dilute 7% stake in GIC Re via OFS on 4th September, 2024.
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
