India Daybook ~ Stocks in News
*Zydus Lifesciences:* Company expands into France, establishes new unit via acquisition of orthopedic firm. (Positive)
*Ircon International:* Company has been awarded a contract of Rs 127.8 crore by S&T (Construction), North Western Railway, Indian Railways. (Positive)
*Ashoka Buildcon:* Company declared L-1 bidder for a project worth ₹569 cr by Central Railway. (Positive)
*Prataap Snacks:* Mahi Madhusudan Kela name appears in the holding with 4.61% stake in shareholding update. (Positive)
*Aurobindo Pharma:* Company gets USFDA nod for generic Xarelto 2.5mg, eyes $447 million US market. (Positive)
*Ahluwalia Contracts:* Company has been awarded a new order. The order, worth ₹396.50 Crores (excluding GST), comes from M/s Godrej Properties. (Positive)
*NHPC:* Company Commissions part of 300 MW Rajasthan solar project (Positive)
*Cyient:* Company has been awarded a strategic contract to support Green H Bodø in the development and execution of its hydrogen production and distribution facility in Bodø, Norway. (Positive)
*Tata Power:* Company’s renewable energy portfolio reaches 10.9 GW capacity after signing PPA with NTPC Limited for 200 MW Firm and Dispatchable Renewable Energy Project. (Positive)
*HCL Tech:* Company bags 3 new Google Cloud specialisations, expands AI and cloud expertise. Company Integrates Nvidia Ai Enterprise and Omniverse with Company Genai Solutions (Positive)
*Vadilal Enterprises:* India Ratings and Research has upgraded the company's credit ratings. (Positive)
*Godrej Industries:* Company acquires food additives business of Savannah Surfactants. (Positive)
*Transrail Lighting:* Company has secured new orders worth ₹1,085 crore in the domestic market. (Positive)
*Indian Hotels:* Company announced an increase in its footprint with 100 new locations in FY25, comprising 74 signings and 26 hotel openings, expanding its portfolio to 380 hotels. (Positive)
*Sunlite Recycling:* Company announced the launch of a new product, Annealed Tinned Coated Copper (Positive)
*HEC Infra:* Company announced receiving a work order from MIS Blue pine energy Private Limited, valued at Rs 9.62 crores. (Positive)
*Paramatrix Technologies:* Company will meet on April 18 to consider a share buyback. (Positive)
*KPIT Technologies:* Company has invested €1.37 million (₹13.3 Cr) in KPIT Engineering SUARL, Tunisia. (Positive)
*NIBE:* Subsidiary Nibe Space Pvt Ltd has received IN-SPACe registration to operate as a 'Data Disseminator' for Earth Observation (EO) data with Ground Sampling Distance over 30 cm in India. (Positive)
*PNB:* Fugitive Mehul Choksi, accused in ₹13,850 crore PNB scam, arrested in Belgium (Positive)
*Power Stocks:* Power Ministry announces that the Central Electricity Authority (CEA) will approve 22,000 MW Hydro Pump Storage Projects (PSP) in FY26. (Positive)
*Dixon/ Optimius:* Trump exempts phones, computers, chips from ‘reciprocal’ tariffs (Positive)
*Macrotech:* Lodha Brothers Settle Dispute Amicably Under Family Mediation (Positive)
*Havells:* Company announces a strategic investment in Goldi Solar to accelerate its growth in the renewable energy sector. (Neutral)
*SBI:* Bank has reduced its lending rate by 25 basis points following the Reserve Bank’s policy rate cut (Neutral)
*Dr Reddy's:* Company denies workforce reduction claims, refutes Business Standard report. (Neutral)
*Deepak Fertilizers:* Company announced the resignation of Mr. Mukul Kumar Agrawal, President – Manufacturing. (Neutral)
*Adani Ports:* Board meeting set for April 17, 2025, to consider fund raising through issuance of equity shares (Neutral)
*Renaissance Global:* Company announced the closure of its Bhavnagar, Gujarat unit effective April 15, 2025. (Neutral)
*DEE Development:* Company announced the Board of Directors approved increasing borrowing powers up to ₹2,000 Cr (Neutral)
*Shantai Industries:* Company announced a record date of May 9, 2025, for a stock split (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
