Wednesday 11 September 2024

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

Bharat India Daybook Stocks in News


*Astra microwave:* Company signed a MOU with premier explosives for a strategic alliance to develop and sell multiple products jointly. (Positive)

*Ramco Systems:* Company announces the launch of aviation software 6.0 for smarter aircraft management (Positive)

*Jubilant Pharmova:* USFDA determines inspection classification of ‘voluntary action indicated’ for the contract manufacturing facility at Spokane, Washington (USA) (Positive)

*Hindustan Zinc/Skipper:* Company and skipper limited partner for India’s heaviest transmission steel pole structure, weighing around 200 metric tons (Positive)

*Reliance Industries:* Reliance Retail Ventures & Delta Galil in pact for JV in India. (Positive)

*IZMO:* Company launches IZMO micro - India’s leading system-in-package manufacturing facility, now operational in Bangalore, Company launch of IZMO microsystems, unit for semiconductor packaging, manufacturing (Positive)

*Brigade Enterprises:* Company inaugurates 108-bed hospital in collaboration with St. John’s Medical College Hospital at Brigade Meadows. (Positive)

*PC Jeweller:* Company said it has received a refund of ₹67.54 crore from the Income Tax Department (Positive)

*Lemon Tree:* Company announced the signing of a license agreement for a new property, the Lemon Tree Hotel, Mira Road, Mumbai (Positive)

*IREDA:* Company unit IREDA global green energy finance IFSC gets provisional registration from IFSCA. (Positive)

*Tinna Rubber:* Company has signed a joint venture agreement with lionshare holdings and MBODLA investments to acquire and recycle used Tyres, either in India or through a new recycling plant in South Africa (Positive)

*Rajoo Engineers:* Company signing agreement to develop innovative plastic extrusion machinery, Company to develop plastic extrusion machinery for one of overseas customer worth $ 15 million (Positive)

*Ashoka Buildcon:* Company has formed ABL INDIRA Projects JV LLP with Indira projects & development private limited for a project in the Maldives, holding a 90% stake in the LLP (Positive)

*Genus Power Infra:* Company has incorporated two wholly-owned step-down subsidiaries (SPVS) on September 10, these are incorporated as SPVS for execution of advanced metering infrastructure service provider contract (Positive)

*Adani Ports:* Rorix Holdings in pact with Company to integrate advanced technologies into India’s infrastructure: Bloomberg (Positive)

*Infosys:* Company and Proximus Group announce strategic collaboration to drive innovation and deliver superior customer experiences through CPaaS and DI solutions. (Positive)

*Oil India/ ONGC:* OIL, OVL and KABIL sign MoU with IRH, UAE for global cooperation in critical mineral supply chain (Positive)

*Shriram Finance:* Company plans to list its general and life insurance subsidiaries in next two years. (Positive)

*Endurance Tech:* Company to capitalize on premiumization in auto sector to grow revenues. (Positive)

*Oil Downstream companies:* Brent crude falls below $70 for the first time in 3 years. (Positive)

*Torrent Pharma:* Company achieved double-digit growth on business (Positive)

*CESC:* Purvah Green Power accepts LoA from company for setting up 300MW Solar PV power project. (Positive)

*Bajaj Auto/Hero/TVS/Ola:* Government likely to announce subsidy schemes for electric vehicles today: Sources to ET (Positive)

*Windsor Machines:* Plutus Investments acquires 53.9% of Windsor Machines for Rs 350 crore. (Positive)

*Dr Reddy's lab:* Company issues clarification on certain allegations pertaining to our engagement with agora advisory, Company routinely engage external coaches to enable significant role transitions of leaders. (Neutral)

*Dixon Technologies:* India CCI approves the subscription of certain shares of Aditya Infotech limited by Company and the acquisition of certain shares of ail Dixon technologies private limited by AIL (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...