India Daybook Stocks in News
*Interarch:* Company secures a ₹300 Cr contract for design, engineering, manufacturing, supply & erection of Pre-Engineered Steel Building Systems (Positive)
*Kirloskar Oil Engines:* Company bags order worth Rs 270 crore from Defence Ministry. (Positive)
*Mahindra Lifespace:* Company to redevelop two societies in Mumbai for Rs 1,200 cr. (Positive)
*GE Power India:* Company received a purchase order from NTPC Limited for Rs 382 million. (Positive)
*Deccan Gold Mines:* Company announced the execution ofa 30 sq. km Composite Licence for the Bhalukona-Jamnidih block in Chhattisgarh (Positive)
*Hariom Pipes:* March quarter sales volume up 36 percent QoQ. (Positive)
*Sai Silks:* Company announced Q4 FY25 turnover of ₹399 Cr, up 11% QoQ. (Positive)
*Allcargo Logistics:* Company announced the acquisition of an additional 10% stake in Ecu Worldwide (Japan) Limited by its subsidiary Ecuhold N.V. (Positive)
*Lupin:* Company has acquired UK-based Renascience Pharma for 12.3 million pounds (Positive)
*Elpro International:* Company sells remaining stake (1.64 crore shares) in PNB MetLife for ₹134.37 crore (Positive)
*Pharma stocks:* Indian Pharma shares may see positive reaction on tariff exemption for now (Positive)
*Simplex Infra:* Company enters into one-time settlement with non-assignee lenders covering 6.27% out of 14.56% of non-assignee lenders (Positive)
*Hindustan Copper:* Company signs agreement with CODELCO (Corporacion Nacional del Cobre de Chile) for cooperation & exchange of information (Positive)
*B.R. Goyal Infrastructure:* Company announced the receipt of a work order from NHIT Eastern Projects Private Limited. (Positive)
*Maruti Suzuki:* Company plans to increase car prices from Apr 8, 2025, due to rising input costs, operational expenses, regulatory changes, and feature additions. (Positive)
*Pranik Logistics:* Company announced the establishment of 11 new business hubs across multiple locations (Positive)
*BRG:* Company received of work order from NHIT Eastern Projects Private Limited. (Positive)
*BEL:* Company receives orders worth Rs.593.22 Crores. (Positive)
*Rama Petrochemicals:* Acquirers, including Bhavesh Mahesh Karani & others, acquired 30,00,000 Convertible Warrants. (Positive)
*Avantel:* Company announced receiving a purchase order from the Department of Atomic Energy. The order, valued at ₹4.96 Crores. (Positive)
*Prism Cement:* RLJ Cement's Mirzapur plant capacity expansion of 0.36 MTPA. (Positive)
*PSB:* Total Business Up 11.9% At ₹2.30 Lk Cr Vs ₹2.05 Lk Cr, Total Deposits Up 8.68% At ₹1.30 Lk Cr Vs ₹1.19 Lk Cr (YoY). (Positive)
*Reliance:* Company lays foundation stone of first Reliance Compressed Bio-Gas (CBG) plant at Kanigiri, Andhra Pradesh. To Invest Rs 139 crore for this plant. (Neutral)
*Chennai Petroleum:* Company has announced the appointment of H Shankar as its Managing Director. (Neutral)
*HDFC Bank:* SEBI issues administrative warning letter to the bank alleging certain non-compliances in relation to Custodian activities being carried out by the Bank in terms of SEBI (Custodian) Regulations, 1996. (Neutral)
*Dhampur Bio:* Board approves change in company’s name from Dhampur Bio Organics to Divija Bio Organics. (Neutral)
*Chennai Petroleum:* Company announced the appointment of Shri H. Shankar as Managing Director, effective April 2, 2025. (Neutral)
*JBM Auto:* Company announced the resignation of Mr.Girish Goyal from the post of Chief Human Resources Officer, effective March 28, 2025 (Neutral)
*PNB:* Domestic Deposits Up 2.4% QoQ & 13.3% YoY At ₹15.10 Lk Cr, Global Advances Up 0.6% QoQ & 13.6% YoY At ₹11.17 Lk Cr (Neutral)
*South Indian Bank:* Provisional figures for FY25 shows Gross Advances Down 0.6% At Rs. 88,447 Cr Vs Rs. 86,966 Cr Retail Deposit Up 2.1% At Rs. 1.05 Lk Cr Vs Rs. 1.02 Lk Cr (QoQ).. (Neutral)
*Central Bank of India:* Bank announces FY25 Business Update of Total Business Up 10.75% At Rs. 7.05 Lk Cr Vs Rs.6.37 Lk Cr , Total Deposits Up 7.18% At Rs.4.13 Lk Cr Vs Rs.3.85 Lk Cr (YoY). (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
