*India Daybook – Stocks in News*
*Sterling and Wilson:* Company receives fresh order worth ₹823 cr (Positive)
*JKumar Infra:* Company bags work order worth Rs 297.8 cr from Pune Municipal Corporation (Positive)
*Zydus Lifesciences:* Company and ICMR have partnered to initiate Phase 2 clinical trials of Desidustat for Sickle Cell Disease in India (Positive)
*Sunteck Realty:* Collections in Q2 FY25 up 24.8% on (YoY), Q2 pre-sales up 32.7% (YoY). (Positive)
*IFGL Refractories:* Company has entered into a Joint Venture Agreement with Marvels International Group Co Ltd and Marvel Refractories (Anshan) Company Limited to set up a JV company in India. (Positive)
*Indian Oil:* Company and Ever Enviro Resource Management have formed a 50:50 joint venture to promote biofuel adoption in India. (Positive)
*HCL Tech:* Net Profit at Rs 4235 cr vs Net Profit Rs 4257 cr (QoQ) , Revenue at Rs 28862 vs Rs 28057 cr. (QoQ) (Positive)
*HEC Infra Projects:* Company secures Rs 11.36 Cr project from Ahmedabad Municipal Corporation (Positive)
*Rajoo Engineers:* Net Profit at Rs 8 cr vs Net Profit Rs 5.3 cr (YoY) , Revenue at Rs 57 vs Rs 53 cr. (YoY) (Positive)
*International Travel House:* Net Profit at Rs 7.4 cr vs Net Profit Rs 5.6 cr (YoY) , Revenue at Rs 61 vs Rs 53 cr. (YoY) (Positive)
*Lyka labs:* Company’s patent pending drug Pregabalin Gel 8% w/w for the treatment of diabetic neuropathic pain receives approval from CDSCO. (Positive)
*IRCTC:* Company commences Rail Neer production at Vijayawada plant, boosting daily capacity to 18.40 lakh litres (Positive)
*JSW Infrastructure:* Company receives LOI for Murbe Port development on PPP model. (Positive)
*Premier Energies:* Secures Rs 765 Crore in New Solar Orders. (Positive)
*Thomas Cook:* Company has launched Sterling City Centre Bokaro in Jharkhand. (Positive)
*Honeywell:* Company wins Airfield Ground Lighting Project for Noida International Airport. (Positive)
*HAL:* Department of Public Enterprises: Finance Minister has approved the upgradation of Hindustan Aeronautics to the 14th Maharatna CPSE (Positive)
*Oil downstream stocks:* Oil prices corrected by 3 percent as OPEC cuts global oil demand growth forecasts for a third month (Positive)
*Adani Energy:* Q2 system availability stands at 99.7%. Increase in project pipeline from Rs 17,000 crore in Q1FY25 to Rs 27,300 crore Q2FY2 (Positive)
*Bharat Forge:* India and the US will sign a Rs 34,500 crore deal to acquire MQ9B drones for the armed forces: ET (Positive)
*CESC:* Company has entered into a Share Purchase Agreement today for acquisition of 100% share capital of Deshraj Solar Energy Private Limited (Positive)
*Gopal Snacks:* Net Profit at Rs 28.8 cr vs Net Profit Rs 27.2 cr (YoY) , Revenue at Rs 299 vs Rs 356 cr YoY. Company declares interim dividend of Rs 1 per share. (Neutral)
*Dr. Reddy's Laboratories:* Company has been named as a defendant in several lawsuits related to the drug Revlimid. (Neutral)
*Indian Overseas Bank:* Bank hikes lending rate on overnight & 1-month tenures by 5 bps each (Neutral)
*HB Portfolio: Company invests Rs 50 Cr in subsidiary Infinix9 Hotels & Resorts to strengthen hospitality business. (Neutral)
*Coal India:* Company board to meet on October 25 to consider dividend (Neutral)
*Exxaro Tiles:* Company approves sub-division of 1 share into 10. (Neutral)
*TVS Motor:* Company to announce Q2FY25 results on October 23 (Neutral)
*BHEL:* Company to announce Q2FY25 results on October 28 (Neutral)
*Maruti Suzuki:* Company launches Baleno Regal Edition, enhancing comfort and style for the festive season (Neutral)
*DMart:* Revenue at Rs 14444 cr versus poll Rs 14206.0 cr. Net profit seen at Rs 660 cr vs poll of Rs 770 cr. (Neutral)
*Brightcom Group:* Company to apply for suspension revocation after releasing shareholding, AGM schedule (Neutral)
*Reliance Ind:* Net Profit at Rs 16563 crore versus poll Rs 15738 crore, Revenues at Rs 2.35 lakh crore versus poll Rs 2.32 lakh crore. (Neutral)
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
