Monday 2 September 2024

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

Bharat india Daybook Stocks in News

@alliesfin

*Biocon:* Company gets ANDA approval for Sacubitril/Valsartan Tablets from the US FDA. Company receives EIR from U.S. FDA for Visakhapatnam API facility. (Positive)

*Emami:* Company enters binding agreement to acquire 100% stake in Helios Lifestyle. (Positive)

*SJVN, NHPC and RailTel:* Government upgrades to Navrtana CPSEs. (Positive)

*Genus Power:* Company incorporates arm Genus Mewar Smart Metering. (Positive)

*Waaree Renewable:* Company units Sunsational solar Pvt ltd and Sunsantional energy Pvt ltd has been incorporated, entities being acquired belongs solar renewable sector. (Positive)

*CESC:* Company unit Purvah green power Pvt ltd has incorporated a wholly owned subsidiary named Greenpulse power Pvt ltd, entity being acquired belongs to renewable power sector (Positive)

*GPT Infra:* Company declared lowest bidder for a project worth Rs 204 cr from South East Railways Kolkata. (Positive)

*Century Textiles:* Birla estates signed an agreement to co-develop land parcel in Noida, agreement to co-develop a land parcel covering 131 acers (Positive)

*Indian Hume Pipe:* Company gets LoI for order worth Rs 859 crore. (Positive)

*Insecticides (India):* Company approved buyback up to Rs 500 Million, buyback price of Rs 1000 per share (Positive)

*Fortis Health:* Company to acquire PE Investors' stake in Agilus Diagnostics (Positive)

*Ansal housing:* Company signed and executed restructuring agreement with suraksha asset reconstruction (Positive)

*Lemon Tree Hotels:* Company signs license pact for 72-room hotel in Amritsar (Positive)

*RITES:* Company has emerged as the lowest bidder (L-1) for a USD 2.67 cr contract to supply, test, and commission 4 diesel multiple units (Positive)

*Netweb Technologies India:* Company Launch of New Products for Advanced Server Systems (Positive)

*Hazoor Multi Projects:* Company gets order worth Rs 400 Million from welspun enterprises for stacking and dewatering work (Positive)

*Anup Engineering:* Company and graham join forces to expand manufacturing and supply capabilities, agreement will enable Anup engineering to manufacture and supply a wide range of critical products (Positive)

*Juniper Hotels:* Company to enter into agreement to acquire 220-room hotel asset near Bengaluru airport built over 6.5 acres of land designed to be a five-star hotel property (Positive)

*W S Industries:* Company approved availing fresh working capital facility from union bank of India, Company to raise Rs 250 Million. (Positive)

*BLS International:* Company approved share purchase agreement to acquire 51% stake in SLW media, entity being acquired belongs to media, advertising, broadcasting, event management and related services (Positive)

*Gujarat Gas:* Company approved amalgamation of GSPC, GSPL and GEL with GGL. (Positive)

*Centum Electronics:* Company wins order worth Rs 109.58 cr from Defense research and development organisation for Intersatellite link & other payload subsystems (Positive)

*Steel Stocks:*Indian primary mills hike rebar prices by Rs 750-1000/ton (Positive)

*Bajaj Finance/Bajaj Finserve:* Arm Bajaj Housing Finance files DRHP with SEBI (Positive)

*Oil Upstream stocks:* India Lowers Windfall Tax on Domestic Crude to Rs 1850 a Ton vs Rs 2100 / ton, Reduction of 11.9% (Positive)

*Hero Motocorp:* 2-wheeler sales at 5.12 lakh units Vs Estimate of 5.10 Lk Units. (Positive)

*Maruti:* Domestic Sales at 1.55 Lk Units Vs Estimate of 1.53 Lk Units (Positive)

*TVS Motors:* Total Sales Up 13% at 3.91 Lk Units Vs 3.45 Lk Units (YoY) Est 3.83 Lk Units. (Positive)

*VST Tillers:* Total Sales Up 9.4% at 4,416 Units Vs 4,037 Units (YoY). (Positive)

*Tata Motors:* Company approves allotment of 35.6 cr shares to TML Securities Trust. (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...