India Daybook – Stocks in News
Jayaswal Neco: Net profit Rs. 101.64 cr vs Rs. 2.03 cr, Revenue at Rs. 1675.27 cr vs Rs. 1411.43 cr YoY. (Positive)
Force Motors: Net Profit at Rs 434.7 Cr vs Rs 140.3 Cr, Revenue at Rs 2,356 Cr Vs Rs 2,011.2 Cr (YoY) (Positive)
NRB Bearing: Net Profit at Rs 94 Cr vs Rs 74 Cr, Revenue at Rs 242 Cr Vs Rs 190.0 Cr (YoY) (Positive)
Kesoram: Net Profit at Rs 5765 Cr vs loss Rs 240 Cr (Due to gains on demerger), Revenue at Rs 67 Cr Vs Rs 69 Cr (YoY) (Positive)
SBFC Fin: Net profit Rs. 94.0 cr vs Rs. 73 cr , Income at Rs. 361 cr vs Rs. 280 cr YoY. (Positive)
*DCB Bank:*Net profit Rs. 177 cr vs Rs. 155 cr , NII at Rs. 558 cr vs Rs. 507 cr YoY. (Positive)
RBL Bank: Net profit Rs. 68.7 cr vs poll of Rs. 45.9 cr , NII at Rs. 1563 cr vs poll of Rs. 1589.7 cr. (Positive)
Chambal Fertilisers: Company announced CRISIL has revised the outlook to 'Positive' for long-term bank loan facilities (Positive)
Shakti Pumps: Company has received Rs 122.14 Cr order for 3,511 solar pumps from Haryana Renewable Energy Dept. (Positive)
Garden Reach Shipbuilders: Company will sign a 30-year non-renewable lease agreement with Syama Prasad Mookerjee Port, Kolkata for land at Timber Pond, Howrah. (Positive)
Emerald Finance: Company partnered with PARK NEST HOTELS to offer its Early-Wage-Access program to employees. (Positive)
Alembic Pharma: Company has commissioned a new manufacturing facility located at Pithampur effective today for manufacturing of formulations. (Positive)
Railtel: Company bags work order from the Institute of Road Transport worth ₹90 Cr (Positive)
BPCL: Company Unveils New LPG bottling plant coming up at Hathua, Bihar, with a capacity of 180 TMTPA. (Positive)
United Drilling: Company received an overseas order worth approximately Rs 21.94 million. (Positive)
Dixon Technologies: Company Expands Capacity with Rs 121 Crore Asset Acquisition (Positive)
India Glycols Ltd: Company received a USFDA EIR for its Dehradun plant. (Positive)
JSW Steel: Arm JSW Steel Coated Products declared successful resolution applicant for Colour Roof India (Positive)
Biocon Company announced that Biocon Biologics received positive opinions from the European Medicines Agency's CHMP for its denosumab biosimilar candidates (Positive)
Auro Pharma: CuraTeQ Biologics, a wholly owned stepdown subsidiary of the company in connection with the receipt of Positive Opinion from CHMP for Dazublys (Positive)
DDev: CRISIL has upgraded the company's credit ratings. (Positive)
E2E Networks: Larsen & Toubro acquired 1,22,625 equity shares in the company at an average price of Rs 2,122.42 per share. (Positive)
Prozone Realty: Company announced receipt of a Letter of Offer (LOF) from Gretex Corporate Services Limited, acting as the Manager for an Open Offer. (Positive)
Zydus Lifesciences: Company announced the signing of a share purchase agreement to acquire a majority stake in Amplitude Surgical SA. (Positive)
NTPC Green: Company signs MoU with Honeywell to explore the production of sustainable aviation fuel by conducting feasibility study that leverages Honeywell’s proprietary eFining technology. (Positive)
Harsha Engineers: Company has signed a Letter of Intent from a multinational group company for supplying stamping products (Positive)
Amber, Optiemus: China’s Lianchuang Electronics eyes India’s components policy, in talks with Amber, Optiemus (Positive)
Titan: Rekha Jhunjhunwala raises stake in the company (Positive)
Reliance Ind: Revenue reported at Rs 2.61 Lakh crore versus poll Rs 2.38 Lakh crore, Net profit at Rs 19407 crore versus poll Rs 18928 crore (Neutral)
LTFIN: Net profit Rs. 636 cr vs poll Rs. 622 cr , NII at Rs. 2150 cr vs poll Rs. 2136 cr YoY. (Neutral)
MHRIL: Net profit Rs. 72.94 cr vs Rs. 83.20 cr , Revenue at Rs. 778.82 cr vs Rs. 800.19 cr YoY. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
