Friday 6 September 2024

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

Bharat India Daybook Stocks in News


*Pidilite Industries:* Company enters into exclusive distribution agreement with Colltech group (Positive)

*Sumit woods:* Company selected as developer to redevelop a project, project offer gross development value of about Rs 500 cr, Market Cap of the Company is Rs 440 cr. (Positive)

*Jindal Stainless:* Company supplied stainless steel for Vande Bharat sleeper coaches. (Positive)

*Wipro:* Company gets enlisted by JFK International Air Terminal to meet sustainability targets (Positive)

*Sundaram-Clayton:* Company has commissioned the commercial production of aluminum die castings situated in the industrial area of the state industries promotion corporation of Tamil Nadu (Positive)

*Vivanta Industries:* Company has entered into partnership agreement with Marut drone tech for doing business of drones in Gujarat territory. (Positive)

*Colgate-Palmolive:* Company launches a new product in addition to its visible white range, the visible white purple toothpaste (Positive)

*Ashoka Buildcon:* Company has been apprised by unit viva highways, that the land owned by it under its real estate portfolio, situated at hinjewadi, pune, has been monetized at a total consideration of Rs 453 crore (Positive)

*Shakti Pumps:* Company and IIT Delhi secure milestone patent for innovative irrigation technology, Company receives 15 patent for ground breaking sensorless motor drive technology (Positive)

*Suven Pharmaceuticals:* Company approves merger of Casper Pharma with company (Positive)

*Matrimony:* Company approves Rs 72 crore share buyback at 27% premium (Positive)

*Honeywell Automation:* Commissions Microgrid Battery Storge system in India for Solar Energy Corp. (Positive)

*KEC International:* Company gets orders worth ₹1,423 cr for design, supply & installation of 380 kV transmission lines in Saudi Arabia (Positive)

*Apar Ind:* Revision in ratings of Long Term Bank Facilities from “A+” to “AA“, Outlook Stable (Positive)

*GNA Axles:* Memorandum of Family Settlement (MFS) having been entered into amongst the members of the GNA Family (Positive)

*NLC India:* Vesting order was issued for NLCIL's Second Commercial Coal Block and the Biggest among the NLCIL's Mining Projects, Machhakata (Positive)

*VST Ind:* Company has received in-principle approval to issue bonus shares in a 10:1 ratio, granting 10 new shares for every 1 existing share. (Positive)

*Thangamayil:* Chandramogan bought 3,53,353 shares at 2,140.00/sh (Positive)

*Dreamfolks:* Introduces its latest service, highway dining for travellers. (Positive)

*Poonawalla Fincorp:* Board approves allotment of NCD aggregating to Rs 425 crore, through private placement. (Neutral)

*Finolex Cables:* Ratnakar Barve to replace Nikhil Naik as Chairman of Company (Neutral)

*Oswal agro mills:* Company acquired 4.85% stake of Oswal greentech; deal for Rs 51.07 per share (Neutral)

*Rashtriya chemicals and fertilizers:* Company approved issue of non-convertible debentures worth Rs 14 billion via private placement basis (Neutral)

*Aditya Birla fashion:* Company approved allotment of 55.7 million shares to eligible shareholders of TCNS clothing. (Neutral)

*Brigade:* Company announces closure of its institutional share sale through which it has managed to raise ₹1,500 crore. (Neutral)

*Bharat Forge:* North America Class 8 truck orders remain below seasonal expectations. (Neutral)

*Mrs Bectorfood:* Company launches QIP to raise up to ₹400 cr, indicative issue price at ₹1,550/sh. (Neutral)

*Indigo Paints:* Peak Partners Likely To Sell 11% Stake Of Indigo Paints Via Block Deals (Neutral)

*Nucleus Software:* Company to buy back up to 4.48 lakh shares (1.67% equity) for ₹72.4 crore at ₹1,615/share. The buyback opens on September 9 & closes on September 13. (Neutral)

*Ola Elec:* Anchor lock-in period end date for 50% shares (30 Days) is today. (Neutral)

*KPIT:* Merger of Future Mobility Solutions GmbH with KPIT Technologies GmbH has been approved (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...