India Daybook – Stocks in News
*Railtel Corp:* Company gets work order Rs 1.56 billion from rural development department, Mantralaya, Maharashtra (Positive)
*RITES:* Consortium emerges lowest bidder in a Delhi Metro project worth ₹87.58 cr. (Positive)
*Netweb Technologies:* Company received an Intel Partner Award for Outstanding Growth in the Data Center & AI Group. (Positive)
*Biocon:* Company partners with Tabuk pharmaceuticals to commercialize its glucagon-like Peptide-1 (GLP -1) products in the Middle East region. (Positive)
*Anuh Pharma:* Company has received approval from EDQM for CEP of Allopurinol API which is used to treat Gout and High Uric Acid Levels. (Positive)
*Infosys:* Company announces strategic collaboration with Sally Beauty (Positive)
*Sobha:* Credit ratings of the company has upgraded by ICRA Limited. (Positive)
*Jubilant Pharmova:* Company announced that the USFDA completed an audit of its Allergy Immunotherapy and Contract manufacturing facilities in Spokane, Washington, with no observations. (Positive)
*Krsnaa Diagnostics:* Company Got LOI to Commission Radiology Services. (Positive)
*Yatharth Hospital:* Company receives mega target price on expectations of exponential boost in topline. (Positive)
*Zomato:* Swiggy files ₹3,750 crore IPO to expand quick commerce, pay off debt (Positive)
*Adani Green:* Company and Total Energies finalise $444-million JV for Gujarat solar projects (Positive)
*PEL:* Arm Piramal Capital & Housing Finance sells immoveable property comprising of land & building situated at Santacruz East, Mumbai Property for ₹187 crore (Positive)
*Elgi Equipments:* Company’s subsidiary, Elgi USA, is divesting its entire stake in its joint venture (Positive)
*Marsons:* Company gets LOI worth Rs 6.75 billion from Nacof Oorja to develop a 150 mw (ac) grid-interactive ground-mounted solar PV Power generation plant in Rajasthan (Positive)
*Sun pharma:* Company presents new clinical efficacy and safety data in severe dermatological conditions at the 2024 EADV congress, new data demonstrate improved hair satisfaction in more than 95% of patients taking DEURUXOLITINIB (Positive)
*Thangamayil Jewellery:* Company announced a proposed rights issue of up to Rs 600 Crores to raise funds. (Positive)
*Lemon Tree:* Company announced a new hotel in Sasan Gir, Gujarat, expected to open in FY 2026 (Positive)
*PC Jeweller:* Bank of India approved to one-time settlement proposal submitted by Company (Positive)
*Akme Fintrade:* Company partners with Mas financial services for Co-lending in MSME sector. (Positive)
*RVNL:* Company has signed a MoU with Engineers India Limited to explore global business opportunities, share information, and collaborate on infrastructure projects (Positive)
*Max Healthcare:* Company executes share purchase agreement with Jaypee Infratech & Lakshadweep Group for Rs 398 crore. (Positive)
*SJVN:* Company inks two initial pacts with #Maharashtra government for developing pumped storage and floating solar projects with investment of Rs 48,000 crore. (Positive)
*Shivalik Bimetal:* Company targeting 30% market share in North America, Western Europe (Positive)
*Union Bank:* Joint Forum of AIUBEF, AIUBSF, UBSA and UBIEU, Delhi, consisting of Customer Service Associates and Office Assistants propose to go on Strike On September 27, 2024. (Neutral)
*Nuvama:* Edel Finance & Ecap Equities to sell 6.4% equity in Nuvama Wealth Management via block deals, floor price for the deal is at ₹6,455/sh (Neutral)
*Pricol Ltd:* Company has appointed Mrs. Manoharan Malavika Thothala as an Independent Director for a 5-year term starting October 1, 2024. (Neutral)
*Ask Automotive:* Company to exercise oversubscription option up to 0.55% for offer for sale by promoter. (Neutral)
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
