India Daybook Stocks in News
Kaynes Technology: Rating Upgraded to ICRA A- (Positive) from ICRA BBB+ (Stable). (Positive)
Bharti Airtel: S&P Global Ratings reaffirmed Bharti Airtel's BBB- rating and revised its outlook to positive from stable (Positive)
Central Bank of India: RBI approved Central Bank of India's entry into the insurance business via a joint venture with Generali. (Positive)
Prakash Industries: Company gets mining lease of Bhaskarpara commercial coal mine from Chhattisgarh Govt. (Positive)
RITES: Company secures revised order for Railway Electrification work from Northeast Frontier Railway worth Rs 531.77 Cr (Positive)
Mahindra Lifespace: Company’s subsidiary and Sumitomo Corp. agreed to invest Rs 225 crore to expand an industrial park in Tamil Nadu. (Positive)
Paras Defence: Company inaugurates advanced optical systems testing facility in Navi Mumbai (Positive)
Cochin Shipyard: Company signed an MOU with Seatrium Letourneau USA for jack-up rig designs for the Indian market, leveraging CSL's shipbuilding expertise and SLET's design capabilities. (Positive)
Oberoi Real/Godrej Prop/ Macrotech: Mumbai sees 11.5% year-on-year growth in luxury home rates during September quarter. (Positive)
VST Industries: Company sold a 2.7-acre property in Hyderabad for Rs 101.7 Cr. (Positive)
PVR INOX: Company expects to surpass 150 million footfalls in 2024. (Positive)
RVNL: Company gets LoA for a project worth Rs 837 cr from Eastern Railway. (Positive)
Urban Enviro: Company secured two new work orders from Borsad Municipality, Gujarat totaling Rs 168 million. (Positive)
Zaggle Prepaid: Company has entered into an agreement with Golden Jasraj Music Platforms Pvt. Ltd. (Positive)
Escorts: Arm Escorts Kubota Finance intends to commence its non-banking financial institution business activities (Positive)
Zomato: BSE to drop JSW Steel from Sensex, adds Zomato from Dec 23 (Positive)
Aurobindo Pharma: Subsidiary, signed a collaboration & license agreement with a global pharma major for respiratory products. USD 25 mn upfront payment received (Positive)
Waaree Tech: Received purchase order for 530 solar kits. (Positive)
HG Infra: Received letter of award for 500 MW battery storage project. (Positive)
IGL: Company hikes CNG price by Rs 1.5-4/kg in areas other than Delhi (Positive)
Hero MotoCorp: Company and US partner in advanced stage of developing mid-sized electric bike. (Positive)
LTIMindtree: Company incorporates JV entity ‘LTIM Aramco Digital Solutions for Information Technology’ in Saudi Arabia (Positive)
CESC: Eminent to acquire 100% stake in Chandigarh power distributor for ₹871 crore. (Neutral)
Afcons: Lower other expenses and tax reversals increase PAT (Neutral)
Thirumalai Chemicals: Company secured Rs 200 Cr term loan from Federal Bank to further invest in TCL Specialties LLC. (Neutral)
Ipca Laboratories: Company announces a revised record date of November 27, 2024, for interim dividend entitlement for FY24-25. (Neutral)
Jyoti Structures: Company to raise up to Rs 500 crore via rights issue. (Neutral)
MTNL: Company could not fund ESCROW account with adequate amount due to insufficient funds. (Neutral)
BSE: Company introduction of futures & options contracts on 43 individual securities (Neutral)
Karnika Industries: Company to setup new plant at Gurgaon for production of denims. (Neutral)
LG Balakrishnan: Investing Rs. 50 Crores for capacity expansion in Chennai. (Neutral)
Protean Egov: NSE investments to exercise oversubscription option in protean Egov technologies OFS (Neutral)
UPL: Long-term bank facility rating downgraded from CARE AA+ to AA; outlook revised from Negative to Stable. (Neutral)
GPIL: Company acquired 21.46% equity stake in Jammu Pigments Ltd for Rs 69.54 Cr and subscribed Rs 175 Cr in CCPS, aiming for 51% stake post conversion. (Neutral)
ICICI Lombard: Company acquired a 0.19% stake in HDFC Life Insurance (Neutral)
Vedanta: NCLT approves meetings of shareholders and creditors (Neutral)
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
