STOCKS IN NEWS AT A GLANCE

અમદાવાદ, 19 એપ્રિલ

Zydus Lifesciences: Company gets final approval from the US FDA to market Estradiol Transdermal System (Positive)

NTPC: Company and Chempolis India have signed a MoU to explore the feasibility of setting up a bamboo-based bio-refinery in Assam’s Bongaigaon. (Positive)

Jindal Stainless: re-appoints Abhyuday Jindal as MD for 5 years, approves special interim dividend (Positive)

Prestige Estates: Company’s arm acquires 51% in Dashanya Tech for Rs 66 Cr (Positive)

Tata Steel: Company in talks to raise up to $400 million in offshore green loan (Positive)

Tata Motors: Company will launch the new Tata Altroz CNG (Positive)

Piramal Pharma: USFDA issued Emergency Inspection Report (EIR) for the manufacturing facility located at Sellersville, USA (Positive)

Pidilite: Entered into an agreement with USA’s Basic Adhesives to purchase certain assets (Positive)

Avalon Technologies: Goldman Sachs bought shares worth Rs 32.63 crore in Avalon Technologies (Positive)

Lyka Labs: Company considered the issue of 2.4 mn shares upon conversion of warrants to IPCA Laboratories (Positive)

Bank of India: Board approves raising up to Rs 6,500 crore in FY24 (Neutral)

SBI: Board gives nod to raise $2 billion via long-term debt (Neutral)

ICICI GI: Net profit at Rs 437 cr Vs poll of Rs 377 cr, Net Earned Premium at Rs 3,726 cr Vs poll of Rs 4,011 cr (Neutral)

Tata Coffee: Net profit up 19.7 % at Rs 48.8 cr Vs Rs 41 cr, Revenue up 10.2% at Rs 723 cr Vs Rs 656.3 cr (YoY) (Neutral)

Mahindra and Mahindra: Company says that 20-30% of the company’s passenger vehicles will be electric by 2027 (Neutral)

Federal Bank: ICICI Prudential MF stake in Bank to 2.05% from 2.99% stake. (Neutral)

Oil upstream stocks: Windfall Tax on Crude has been increased to ₹6,400/tonne from NIL (Negative)

 (Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)

(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ, ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)