Stocks in News: Power Grid, Adani Power, Arvind Fashion, Aurobindo Pharma, Ujjivan

Ahmedabad, 17 August

Stocks in F&O Ban: 17.08.2023 

Power Grid: Company has successfully commissioned assets under the North Eastern Region Strengthening Scheme-VI (Positive)

JSW Energy: GQG Fund buys 1.19 crore shares at Rs 341.70/sh (Positive)

Adani Power: GQG buys 8.1% stake in Adani Power for Rs 9,000 crore at Rs 279.17 per share (Positive)

Indigo: Company adds Uzbekistan to its network, announces Delhi-Tashkent direct flights from September 22 (Positive)

Arvind Fashion: Sets sights on USPolo with significant Q2 investment plans (Positive)

Tejas Networks: Comapny secures contract to provide 4G-5G network equipment to BSNL (Positive)

Orient Green Power: Refinances existing term loan & working capital facilities of Rs 703.6 cr (Positive)

Coal India: April-July capex is up 8.5% YoY to Rs 4,700 cr, (Positive)

Lupin: Comapny gets FDA approval for Metoprolol Succinate ER tablets (Positive)

Aurobindo Pharma: Company is going to launch HIV triple combination product for children living with HIV in low- and middle-income countries (Positive)

Amara Raja: Company plans to expand into the two-wheeler electric vehicle market as part of an expansion to triple its lithium-ion business this financial year. (Positive)

One 97 Communications: Investor Antfin Holding BV offloaded 6.53 crore equity shares while CEO Vijay Shekhar Sharma was the buyer in the off-market transfer of shares (Positive)

Essar Shipping: Company has received board approval for disinvestment in overseas direct investments and sale of shares. (Positive)

Varroc: Company targets Rs 8,000 cr revenue with double-digit margins in FY24 (Positive)

Ujjivan Financial: NewQuest Asia Investments II has reduced its equity stake in the financial services company to 2.7 percent (Neutral)

RPSG Ventures: Equity Intelligence India & EQ India Fund have sold a 0.71 percent stake in RPSG Ventures (Neutral)

 Dollar Industries: Company sets sights on achieving 10-15% target volume growth rate this year (Neutral)

Globus Spirits: Large block deal expected in Globus Spirits today, 25 lakh shares (8.5% equity) of co are on offer (Neutral)

Cipla: FDA, Konkan Division, suspend FDA licence of company’s Patalganga manufacturing unit for 10 days in December 2023 for non-conformance of good manufacturing practices (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.)