Corporate news, Stocks in News in brief: WIPRO, PAYTM, VEDANTA, LARSEN, NALCO, GOACARBON
Q1FY25 EARNING CALENDAR
| 29.08.2024 | GILLETTE |
| 30.08.2024 | APIS, FIRSTCRY, PGCRL, UNIECOM |
AHMEDABAD, 29 AUGUST
Sonata Software: Company gets multi-year, multi-million dollar IT outsourcing contract from US-based healthcare and Wellness Company (Positive)
Wipro: Company collaborates with Dell Tech to strengthen enterprise AI-ready platform. (Positive)
Transformers & Rectifiers: Company Gets Export Order of USD 14 million from Linxon Global Sweden (Positive)
Paytm: Paytm Payment Services Limited (PPSL) gets FDI approval. (Positive)
Reliance Ind: CCI Approves Combination Involving RIL, Viacom18 Media, Digital18 Media, and Star India & Star Television. (Positive)
Lemon tree hotels: Company signs a new property in Ujjain, Madhya Pradesh (Positive)
Vedanta: Company to consider third interim dividend on September 2. (Positive)
L&T: Company’s semiconductor subsidiary signs accord with C-DAC. (Positive)
Genus Power: Company wins orders worth Rs. 4,469.04 cr. (Positive)
NLC India: NLCIL signs power usage agreement to supply 200 MW of green power to Telangana state. (Positive)
Jyoti Structure: Contract worth ₹105.57 Crores for supply of towers for a 765 kV Transmission Line from a leading Private Developer. (Positive)
Global Vectra: Vijay Kedia increased stake to 4.86% from 2.92% (Positive)
DCX Systems: Company secures a purchase order of US$ 22 Mn (Positive)
VLS Finance: Company to buyback 33 lakh shares (9.48% eq) of the company for up to ₹125 cr at ₹380/sh (Positive)
Mirc Electronics: Board Meeting on Sept 2 to Consider Fund Raise via Rights Issue. (Positive)
HCL tech: Aims to increase bookings run rate to $2.3-2.5 bn from $2 bn at present (Positive)
KEC International: Company bags ₹1,171 crore transmission and distribution orders in Middle East (Positive)
Nalco: Company joint venture KABIL signs MoU with Oil India for mineral exploration. (Positive)
Macrotech Developers: Company said it’s planning to acquire 100% equity stakes in two companies. (Positive)
Godfrey Phillips: Samir Modi emphasizes protecting shareholder value over familial disputes, open to business sale. (Neutral)
Goa carbon: Company announced temporary shutdown of bilaspur and paradeep units for modificational works (Neutral)
Varun Beverages: Company Acquired 10.91% Stake in Huoban Energy 11 by Investing Rs 29 million. (Neutral)
HPCL: Company Issue of Non-convertible Debentures on Private Placement Basis for Rs 25 billion (Neutral)
Power Grid Corp: Company acquired BHADLA-III power transmission ltd, deal for Rs 64.2 million, entity being acquired belongs to power transmission industry. (Neutral)
Varroc Engineering: Company appoints Dr Karl-Heinz Glander as the head of research and development for business, before joining varroc (Neutral)
Wipro: Company signed agreement to subscribe for equity share capital in Huoban energy 11, Company completed its subscription in equity share capital of HEPL. (Neutral)
IndiGo: Gangwal selling up to $804 million stake in IndiGo via block, floor price Rs 4593 per share (Neutral)
PB Fintech: Tencent likely to sell 97 lakh shares (2.1% stake) worth ₹1,610 cr, floor price Rs 1660.2 per share (Neutral)
Tata Steel: Company acquired shares worth Rs 2,347.81 cr in t steel holdings PTE, post this acquisition, TSHP will continue to be a wholly owned subsidiary of the company. (Neutral)
Adani Group: Set to invest Rs 3,500 crore in two major projects in Madhya Pradesh. (Neutral)
IREDA: CMD Pradip Kumar Das says that the company is looking at various fundraising options, including OFS or QIP. (Neutral)
SBI: Bank raises Rs 7,500 crore via 15-year tier-II bond. (Neutral)
PDSL: Company successfully raises up to Rs 430 crore via QIP. (Neutral)
Piramal Enterprises: Board Meeting On Sept 2 to Consider Issue of Non-convertible Debenture Worth Upto 1 Bln Rupees (Neutral)
HPCL: Company says Issue of Non-convertible Debentures on Private Placement Basis for 25b Rupees (Neutral)
Vodafone Idea, Bharti Airtel: AGR Dues Case: Supreme Court to take up curative plea on August 30. (Neutral)
PTC Industries: Company approves floor price for QIP at Rs13894.42/share. (Neutral)
Welspun Living: Company is set to see a block deal where the promoter plans to sell up to 4.6% of the company’s stake and raise $106 million (Neutral)
Reliance Ind: AGM to start at 2pm today. (Neutral)
VST Tillers: Board recommends final dividend of Rs 20/share. (Neutral)
Max Estates: Board to meet on August 31 to approve raising up to Rs 150 crore (Neutral)
Shriram Fin Shriram Capital appoints Subhasri as its MD and CEO (Neutral)
MTNL: Union Bank freezes MTNL’s accounts over non-payment of dues. (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.)
