*India Daybook – Stocks in News*
*Balrampur Chini:* India Ratings updated credit ratings for commercial papers and long term ratings. (Positive)
*Ashoka Buildcon:* Company gets letter of acceptance for a project worth ₹568.86 crore from Central Railway. (Positive)
*Bharti Hexacom:* Company announced an agreement with AdaniData Networks Limited (ADNL) to acquire rights to use 400 MHz of spectrum in the 26 GHz band. (Positive)
*Pudumjee Paper:* Company announced the proposed acquisition of equity shares of Lloyds Enterprises Limited from the open market. (Positive)
*Waaree Energies:* Net Profit Up 34.1% At ₹618.9 Cr Vs ₹461.5 Cr, Revenue Up 36.4% At ₹4,003.9 Cr Vs ₹2,935.8 Cr (YoY) (Positive)
*Bharat Forge:* CCI approves acquisition of AAM India Manufacturing by Bharat Forge with Voluntary Modifications. (Positive)
*VBL:* Company has started commercial production of carbonated soft drinks, juice based drinks & packaged drinking water at its production facility at Prayagraj, Uttar Pradesh. (Positive)
*PNB:* A court in Belgium rejects bail plea of fugitive Mehul Choksi. (Positive)
*HCL Tech:* CC revenue guidance at 2.0% to 5.0% versus estimates of 1.0% to 4.0% (Positive)
*TBZ:* Company will launch its 36th store in Hyderabad & 37th store in Ahmedabad on April 24, 2025 (Positive)
*Dixon Technologies:* Company wholly-owned subsidiary, Padget Electronics, entered a Contract Manufacturing Agreement with Compal on Feb 23, 2024, to manufacture mobile phones. (Positive)
*Cyient DLM:* Net profit Rs. 31.03 cr vs Rs.22.74 cr, Revenue at Rs. 428.05 cr vs Rs. 361.84 cr (YoY) (Positive)
*Insolation Energy:* Company announced the incorporation of its subsidiary, MGVI Green Infra Three Private Limited, on April 21, 2025. (Positive)
*JK Paper:* Company announced the acquisition of a majority stake in Quadragen Vethealth Private Limited (Positive)
*Bondada Engineering:* Company announced the receipt of a work order from M/s. Dinesh Engineers Limited of Rs. 5.93 cr. (Positive)
*Tata Communication:* Net profit Rs. 1040.5Cr Vs Rs. 321.5 Cr, Revenue at Rs. 5990.4 Cr Vs 5645.1 Cr (YoY) (Positive)
*IndusInd Bank:* Bank clarifies a news report. The bank states it has not engaged EY for a forensic audit. (Neutral)
*Persistent Systems:* Company completed the acquisition of identified assets from Soho Dragon Solutions India Private Limited on April 22, 2025 (Neutral)
*Balrampur Chini:* Company concluded Sugar Season Sugarcane crushed was 99.16 Lac MT, slightly down from 100.91 Lac MT in SS 2023-24 (Neutral)
*AU Small Finance Bank:* Net profit Rs. 503.7 cr vs Rs.528.4 cr, NII at Rs. 2094 cr vs Rs. 2022.7 cr QoQ. (Neutral)
*GRM Overseas:* Company’s credit ratings have been reaffirmed by Acuité Ratings & Research. The long-term rating is 'A-' with a stable outlook (Neutral)
*Sattva Sukun:* Company received a purchase order from Mansi Kreation for 7000 units of Camphor Diffusers & related items. (Neutral)
*M&M Finance:* Net profit Rs. 563 Cr Vs Rs. 619 Cr, NII at Rs. 2151 Cr Vs 1919 Cr (YoY) (Neutral)
*Hindustan Zinc:* Company Board meeting on April 25 to approve FY25 results. (Neutral)
*HCL Tech:* Net profit Rs. 4307 Cr Vs Rs. 4591 Cr, Revenue at Rs. 30246 Cr Vs 29890 Cr (QoQ) (Neutral)
*Caplin Point:* Mr. Thiagaraja Manikandan tendered resignation from the post of Chief Transformation & Digital Officer (Neutral)
*Whirlpool:* Corporation ropes in Goldman Sachs for part stake sale process in Indian arm. (Neutral)
*HUL:* Company announced the completion of its acquisition of a 90.5% stake in Uprising Science Private Limited (YoY) (Neutral)
*Lal Pathlabs:* CARE Ratings has assigned a credit rating of CARE AA; Stable to Dr. Lal Pathlabs Ltd (Neutral)
*Delta Corp:* Net Profit At ₹164.6 Cr Vs ₹72.4 Cr, Revenue Down 1.2% At ₹182.6 Cr Vs ₹185.5 Cr (YoY). (Neutral)
*PFC:* ₹307 crore out of ₹352 crore disbursed to Gensol for EV leasing in 2023 remains unpaid (Neutral)
*Ambuja Cements:* Company completes acquisition of 46.66% stake in Orient Cement. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
