India Daybook Stocks in News
*ABB:* Net profit at Rs. 528.4 cr vs Rs 338.7 cr, Revenue at Rs. 3365.0 cr vs Rs 2758.0 cr (YoY) (Positive)
*Anant Raj:* Company partners with CSC Data Services for data centre and cloud solutions (Positive)
*Adarsh Mercantile:* Company is the target of an open offer. Six individuals (Acquirers) are seeking to acquire up to 26% of the company’s emerging equity and voting share capital. (Positive)
*NTPC:* Company plans to spend $62 bn on 30 GW of nuclear power over 2 decades, 3 times more than expected. (Positive)
*Sterlite Power:* Company commissions Nangalbibra - Bongaigaon transmission line. (Positive)
*LTIMindtree:* Company partners with Greece’s Eurobank for multi-year banking tech revamp. (Positive)
*Allcargo Terminals:* Company’s January Business Update | CFS Volumes Up 11% YoY & Up 4% MoM at 53.8 TEUs. (Positive)
*Uflex:* Company is investing over Rs 750 crore to set up a woven polypropylene bags manufacturing plant in Mexico. (Positive)
*Uno Minda:* Company approved a joint venture with Suzhou lnovance Automotive Co. Ltd for powertrain projects. (Positive)
*Thomas Cook:* Company announced a partnership with Sabah Tourism Board to increase Sabah (Malaysia) tourism from India. (Positive)
*Biocon:* Company announced the record date for the maturity of its Rs. 570 Cr Commercial Paper. The maturity date is April 29, 2025. (Positive)
*DCX Systems:* Company is establishing new manufacturing units in Bengaluru for Cable & Wire Harness Assemblies, Printed Circuit Board Assemblies, and Electronic Sub-Assemblies. (Positive)
*Bharat Forge:* Company unveils Marg 45 Cal Mounted Gun System (Positive)
*G R Infraprojects:* Company has completed the 4-laning project of the Ujjain-Badnawar section of NH-752D. (Positive)
*CLN Energy:* Company has received a Purchase order for supply of Lithium Ion Batteries totaling to Rs 77 Crores approx. (Positive)
*KIMS:* Company has acquired and will manage UAIMS Hospital in Sangli, Maharashtra. (Positive)
*Advanced Enzymes:* CRISIL has upgraded ratings for Short-Term debt instruments/facilities (Positive)
*Sharika Enterprises:* Company has signed Joint Venture agreement with SPIN Engenharia and Nayon Kontrol System specializing in advanced automation and control systems for the energy sector. (Positive)
*Deepak Fertilizer:* Deepak Mining Solutions increases stake in Platinum Blasting Services to 85%. (Positive)
*City Union Bank:* Bank opened 4 new branches on February 17, 2025. The bank now has a total of 839 branches. (Neutral)
*Emami Ltd:* Company announced the resignation of Sandeep Kr. Sultania, Company Secretary &Compliance Officer, and VP – Sales Commercial, effective February 28, 2025. (Neutral)
*Bharti Airtel:* Company redeemed USD 1,000 million 1.50% Foreign Currency Convertible Bonds (FCCBs) due 2025. (Neutral)
*Zomato:* Company unveils AI customer support platform ‘Nugget’, an AI-Native, no-code customer support platform. (Neutral)
*Paytm:* Company partners with SBI Mutual Fund to launch Jan Nivesh Rs 250 SIP. (Neutral)
*LIC India:* Company launches new product 'LIC's Smart Pension', available for sale effective February 18. (Neutral)
*SBI Cards:* Company declares ₹2.50 interim dividend, appoints Salila Pande as MD and CEO. (Neutral)
*GMR Airports:* Company’s January passenger traffic rises 11% on-year, down 2% MoM at 1.06 crore. (Neutral)
*Bajaj Consumer:* Company will acquire rival Vishal Personal Care at an enterprise value of Rs 108.3 crore. (Neutral)
*Dr Agrawal’s:* Crisil Ratings Limited reaffirmed the credit rating of Dr. Agarwal's Health Care Ltd. at Crisil A+ Stable. (Neutral)
*ICICI Pru:* Company has received an demand order with Rs 190 crore GST from Deputy Commissioner of State Tax, Maharashtra State (Neutral)
*Route Mobile:* Company received orders from the CGST authority with demand amounts to Rs.54.12 Crores (Neutral)
*Kirloskar Brothers:* Company has received an demand order with Rs 15 crore GST from Assistant Commissioner, Dwarakanagar Circle, Vishakhapatnam (Neutral)By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
