Bharat India Daybook Stocks in News
*Arkade Developers:* Net Profit at Rs 30 cr vs Net Pro by fit Rs 6.5 cr (YoY) , Revenue at Rs 125 vs Rs 61 cr. (YoY) (Positive)
*Mazagon Dock:* Company gets order worth Rs 1.22 billion from MAHAGENCO (Positive)
*TBO Tek:* Company has incorporated a wholly owned subsidiary, TBO Tek Australia Pty Ltd, in Sydney, Australia. (Positive)
*VPRPL:* Company has secured a Rs. 1608.60 million contract from the Office of the DYCE-C-II-JP-ENGINEERING, NWR, Jaipur for the Jaipur-SawaiMadhopur Doubling Project (Positive)
*IRDEA:* Net Profit at Rs 387.7 cr vs Net Profit Rs 284.7 cr (YoY) , NII at Rs 546.8 vs Rs 359.8 cr. (YoY). (Positive)
*Tata Elaxi:* Net Profit at Rs 229.4 cr vs Net Profit Rs 184.1 cr (QoQ) , Revenue at Rs 955 vs Rs 926 cr. (QoQ) (Positive)
*Den Network:* Net Profit at Rs 52 cr vs Net Profit Rs 45.6 cr (YoY) , Revenue at Rs 249 vs Rs 276.6 cr. (YoY) (Positive)
*Oil upstream stocks:* Crude oil prices jumped by more than 3 percent on Hurricane and Geopolitical concerns (Positive)
*Krsnaa Diagnostics:* Company said it has secured two agreements with the Ranchi Institute of Neuro-Psychiatry & Allied Services (RINPAS) and the Medical Superintendent of Sadar Hospital, Ranchi (Positive)
*NBCC:* Subsidiary inked a contract worth Rs 1000 crore from Gondwana University for campus development. (Positive)
*Endurance:* Capex for greenfield project approved, plans to set up new facility, facility to manufacture alloy wheels for two wheelers; planned Capex for facility is Rs 3 billion (Positive)
*Active Clothing:* Company has entered into a manufacturing agreement with Adidas India Marketing Private Limited as a T-1 supplier, expanding its customer base. (Positive)
*AHA Solar:* Company secures key contract to develop digital ecosystem for India’s largest rooftop solar program (Positive)
*Bandhan Bank:* Former IOB Chief Partha Pratim Sengupta named new MD and CEO of Bandhan Bank (Positive)
*Index Update:* NSE to stop weekly expiry of Fin Nifty, Bank Nifty & Midcap from November 20. (Neutral)
*Exide Industries:* Company injects ₹100 cr into EESL for lithium-ion battery plant in Bengaluru (Neutral)
*Infosys:* Company collaborates with Zooplus to drive digital transformation & enhance e-commerce capabilities (Neutral)
*Utkarsh Small Finance Bank:* Bank enters into agreement to acquire 7% stake in saksham gram credit, cost of acquisition at Rs 50 million. (Neutral)
*TCS:* Net Profit at Rs 11,909 cr vs Net Profit Rs 12,040 cr (QoQ) , Revenue at Rs 64,259 vs Rs 62,613 cr. (QoQ). (Neutral)
*CESC:* Company has incorporated a wholly-owned subsidiary, JSK Renewable Private Limited, through its subsidiary, Purvah Green Power Private Limited. (Neutral)
*Jubilant Pharmova:* Company unit’s rectification application led to deletion of Rs 381.3 million tax demand. (Neutral)
*Aarti Industries:* Company has incorporated a wholly owned step-down subsidiary, Aarti Chem Trading USA Inc., in the US with a share capital contribution of USD 10,000 (Neutral)
*Aegis Logistics:* Company announces the appointment of Mr. Raj Kapurchand Chandaria as Managing Director of Aegis Vopak Terminals Limited effective October 10, 2024. (Neutral)
*Adani Ent:* Investors such as Quant MF, GQG Partners, SBI Life, SBI General Insurance and UHNIs participated (Neutral)
*Bank of Maharshtra:* Total business rose 16.9% to Rs 4.94 lakh crore in the quarter-ended September 2024 (Neutral)
*Oberoi Realty:* Board has approved a proposal to raise funds through various securities, with a target of up to Rs 6,000 crore. (Neutral)
*Ola electric:* Company announces ‘boss 72-hour rush’ with discounts of up to Rs 30,000 on the s1 portfolio; and additional benefits of up to Rs 25,000 (Neutral)
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
