Thursday 5 September 2024

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

Bharat India Daybook Stocks in News


*Vedanta:* ICRA upgrades Vedanta long-term rating to AA from AA- (Positive)

*Century Textiles:* Company’s arm to buy Hindalco land in Kalwa, Thane. (Positive)

*Suzlon Energy:* Company executes conveyance deed with OE Business Park for sale of One Earth Property for Rs 440 crore. (Positive)

*Reliance Industries:* Ministry of Heavy Industry awards 10 GWh capacity to Company under PLI ACC scheme. (Positive)

*Hatsun Agro Product:* Board meeting on sept 12 to consider proposal of investment into Huoban energy 11. (Positive)

*Best Agro life:* Company has been granted a patent by the Indian patent office for Synergistic Pesticidal composition comprising plant growth regulator with Neonicotinoid insecticide. (Positive)

*Linde india:* Company has entered into the plant sale agreement with Tata steel for acquiring their industrial gas supply assets - 2x1800 TPD air separation units (Positive)

*TARC:* Company received RERA registration for housing project at Gurugram (Positive)

*Ganesha Ecosphere:* Company approved incorporation of JV in Collaboration with Race Eco Chain (Positive)

*Aarti Drugs:* Company’s board meeting today to mull share buyback (Positive)

*Matrimony:* Company’s board meeting today to mull share buyback (Positive)

*Borosil Renewables:* Company says acquisition of 49% Stake in Clean Max Prithvi. (Positive)

*Glenmark:* Settles Rs 210 cr settlement dispute with US Department of Justice (Positive)

*Zaggle:* Enters 1-year contract for employee expense management solutions with Blue Star (Positive)

*Britannia:* In talks to acquire a controlling stake in Kishlay Foods, a Guwahati-based snack manufacturer, valued at Rs 600-700 crore. (Positive)

*Raymond:* Lifestyle business to be listed today (Positive)

*GICRE:* Non-retail portion of Company's OFS gets demand for 108.5% of shares. (Neutral)

*HDFC Bank:* HDB Financial aiming for $9–10 billion listing latest by March (Neutral)

*Exide Industries:* Arun Mittal tenders resignation from the position of MD & CEO of Company arm EESL effective October 3 (Neutral)

*Kalpataru Projects:* Company board approved conversion of loan granted to Brazil unit into equity shares, equity shares will be subscribed at price of BRL 2.10 per share (Neutral)

*Rane Holdings:* CCI approves Rane Holdings' acquisition of balance 51% stake in JV Rane NSK Steering Systems. (Neutral)

*Sona BLW:* Floor price for Qualified Institutions Placement at 699.01 rupees/share. (Neutral)

*Maithan Alloys:* Company announced closure of manufacturing operations at Byrnihat Unit. (Neutral)

*Allied Blenders:* Company appoints Anil Somani as CFO and Key Managerial personnel effective September 5. (Neutral)

*Remedium Lifecare:* Company to Raise Funds Up to $25m (Neutral)

*Ritco Logistics:* Gautam Mukherjee resigns as CFO w.e.f August 29, 2024. (Neutral)

*Adani Enterprises:* Company's Retail Bond Base Issue Of 4b Rupees Fully Subscribed On Day 1. (Neutral)

*Satin Creditcare:* Company completes first PTC transaction with HSBC India. (Neutral)

*RailTel Corporation:* Company has received the work order from Northern Railways for Railway Telecom Project amounting to Rs 10 cr. (Neutral)

*PNB Housing Finance:* Company to raise nearly ₹2,500 crore via NCDs on September 9. (Neutral)

*Reliance Ind:* Board meet today to consider 1:1 issue of free shares. (Neutral)

*Godrej Properties:* Company approved key Information Document for Issuance of 6,460 NCDs Worth 646m Rupees. (Neutral)

*Canara Bank:* Says Issuance Of Us $300m Unsecured Notes Of MTN Bonds. (Neutral)

*Oil refining companies:* Singapore GRM at negative $0.3/bbl.
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...