Monday 9 September 2024

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

Bharat India Daybook Stocks in News


*Suven Pharma:* US FDA gets EIR from US FDA for Hyderabad-based manufacturing facility oa Arm Casper Pharma. (Positive)

*AMI Organics:* Japan medical regulator says Company's Surat manufacturing facility is 'good manufacturing practices' compliant (Positive)

*Deep Industries:* Company gets letter of award for Rs 1,402 crore project from ONGC (Positive)

*Britannia:* Company gets all requisite approvals for proposed capacity addition worth Rs 300 crore at its Ranjangaon plant (Positive)

*Indigo Paints:* HDFC Mutual Fund and Morgan Stanley Asia were among buyers of Indigo Paints shares. (Positive)

*IDBI Bank:* CARE has upgraded IDBI's rating from "CARE AA-/Stable" to "CARE AA/Stable" for
Basel III Compliant Tier II Bonds. (Positive)

*Silver Touch:* Infomerics upgraded rating for Long-term and the Short-term bank facilities. (Positive)

*SML Isuzu:* ICRA Limited upgraded the Long-term rating and the Short-term rating of the Company (Positive)

*Metro Brands:* Kotak Mahindra Mutual Fund bought 39.7 lakh shares in Metro Brands for Rs 1,260 apiece. (Positive)

*Thermax:* Company unit first energy has entered into share purchase agreement for acquisition of 100% of the equity share capital of Onix-Two Enersol shall become wholly owned step-down subsidiary of the company, (Positive)

*Ward wizard:* Company to form JV in Saudi Arabia for setting up two plants in the country (Positive)

*Associated alcohol:* Company to launch new product HILLFORT - premium blended malt whiskey. (Positive)

*Ion Exchange:* Company gets order worth Rs 168 crore from Italy-based Technimont for Hail & Ghasha Development Project in UAE (Positive)

*Swelect Energy:* Company board has given approval for proposed investment by unit to establish solar roof top power generating plants under energy sales model. (Positive)

*Reliance Infra:* Plans to make Electric Cars and batteries for electric cars. (Positive)

*HUL:* Company board discussed prospects for Company’s ice cream business (Positive)

*Jio Financial:* Company incorporates JV Jio BlackRock Investment Advisers with BlackRock Advisors Singapore (Positive)

*RBM Infracon:* Company receives order worth ₹3,498 Cr including ₹3,371 Cr for crude and ₹127 cr for gas at Nandej from Oil & Natural Gas Corporation (Positive)

*Mazagon Dock:* Company bags order worth ₹1,486 cr from Oil & Natural Gas Corporation. (Positive)

*Radico Khaitan:* Company launches 2 new single malts under Rampur Jugalbandi series (Positive)

*Nazara Tech:* Company buys 48.42% in Paperboat for ₹300 Cr. (Positive)

*KIMS:* Company announces lease and operations and Management agreement with Sree Chand Specialty Hospital (Positive)

*Spicejet:* Company and Carlyle Aviation Management enter debt restructuring agreement. (Positive)

*GE T&D:* Company resumes operations at its Vadodara plant in Gujarat. (Neutral)

*Transport Corporation of India:* Buyback to open on September 10, close on September 17 (Neutral)

*Poonawala:* Dhiraj Saxena tenders resignation as Chief Technology Officer of company (Neutral)

*Maruti Suzuki:* Company offers discounts of up to ₹50,000 on some models in September (Neutral)

*Adani Power:* Company completes acquisition of Lanco Amarkantak Power (Neutral)

*Suzlon Energy:* Company completes acquisition of 51% stake in Renom Energy Services (Neutral)

*AU Small Finance Bank:* Bank partners with United India Insurance for general insurance solutions. (Neutral)

*JSW Energy:* Company issues corporate guarantee of up to Rs 450 crore to JSW Energy (Utkal) (JSWEUL), a subsidiary of the company. (Neutral)

*Spandana Sphoorty:* Company approved issuance of non-convertible debentures worth Rs 1 billion on private placement basis. (Neutral)

*Credit Access Grameen:* Nilesh Dalvi appointed as CFO effective on 6th, September, 2024 (Neutral)

*Mangalore Chemicals:* Company has shut down the ammonia and urea plants for replacement reformer catalyst (Neutral)

*Atul Auto:* Company invested Rs 20.03 cr in subsidiary namely Khushbu auto finance. (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...