*India Daybook – Stocks in News*
*Kitex Garments:* Company to consider bonus equity shares on Nov 22 (Positive)
*Ashoka Buildcon:* Company wins large order worth Rs 2800 Cr (Positive)
*ITI:* Company gets contract worth rupees 95 cr for mining digital transformation & surveillance system (MDTSS) in Uttarakhand (Positive)
*Shipbuilding stocks:* Govt will soon set up Rs 30,000 cr maritime development fund to help shipbuilding: Media sources (Positive)
*PG Electroplast:* Company's wholly owned subsidiary PG Technoplast enters electric vehicle assembly and lithium-ion battery assembly (Positive)
*Shilpa Medicare:* Company unit received certificate of suitability (CEP) from EDQM for API, Octreotide (Positive)
*GMR Airports:* For October 2024, saw significant growth in passenger traffic, handling over 10.7 million passengers, a 9% increase (YoY) and a 5% rise (MoM) (Positive)
*Manba Finance:* Company signs MoU with Piaggio Vehicles to offer customized financing solutions for 3-wheelers (Positive)
*RVNL:* Company gets letter of acceptance from South Central Railway for Rs 295 crore contract (Positive)
*RACL Geartech:* Company received a nomination from BMW AG to supply drive train parts for an electric sports car, starting production in 2026 (Positive)
*Ami Organics:* Promoters Nareshkumar Patel and Chetankumar Vaghasia acquired 17.73% stake in Ami Organics (Positive)
*NTPC:* Company incorporates 50-50 JV of NTPC Green with ONGC Green. (Positive)
*Gulf Oil Lubricants:* Company’s long-term fund-based cash credit rating upgraded to AA+ from AA by ICRA. (Positive)
*Jyoti Structures:* Board meeting on Nov 22, 2024, to consider equity fund raising via rights issue. (Positive)
*Oil upstream stocks:* Govt to discontinue windfall gains tax levy in December: sources (Positive)
*Britannia:* Company secures injunction against Desi Bites for Good Day trademark infringement (Positive)
*Bharti Airtel:* Company and Singtel planning to hold equal direct stakes in co (Positive)
*Astrazeneca:* Receives DGCO approval for inhalation drug (Positive)
*Reliance Power:* Company and reliance infrastructure board reconstituted, four new directors join the board, Ashok Pal, CFO, Reliance Power appointed as executive director of the Company (Neutral)
*Dhampur Surgar Mills:* India Ratings affirmed Dhampur Sugar Mills' credit ratings. Long-term issuer rating is IND AA/Stable. (Neutral)
*Orbit Exports:* Company undertake capital expenditure of Rs 300 million to increase capacity of Valsad plant (Neutral)
*Dr Reddys:* Company issues clarification regarding retail-level recall of Morphine Sulfate extended-release tablets in U.S. on October 22. (Neutral)
*SBI:* Bank’s Rs 10,000 crore, 15-year bond issue fully subscribed. (Neutral)
*Medplus Health:* PI Opportunities Fund exits from Medplus Health, sells 5.8% stake for ₹483 crore (Neutral)
*Vedanta/JSPL:* Companies are among provisional resolution applicants for GVK Power & Infra (Neutral)
*Zee Entertainment:* Punit Goneka resigns from the post of Managing Director to focus on operational responsibilities. (Neutral)
*M&M:* JV with Volkswagen India stalled due to disagreement on key issues (Neutral)
*Jagran Prakashan:* Company Received show cause notices (SCN) from GST authorities for Apr 2020-Mar 2021.
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
