Stocks in News: JUBILANTPHARMA, HINDZINC, SKIPPER, IREDA, RIL, ADANIPORT, INFOSYS
Securities in F&O Ban
| ABFRL | BALRAMCHIN |
| BANDHANBNK | BIOCON |
| CHAMBLFERT | HINDCOPPER |
| RBLBANK |
AHMEDABAD, 11 September 2024
Astra microwave:Company signed a MOU with premier explosives for a strategic alliance to develop and sell multiple products jointly. (Positive)
Ramco Systems:Company announces the launch of aviation software 6.0 for smarter aircraft management (Positive)
Jubilant Pharmova:USFDA determines inspection classification of ‘voluntary action indicated’ for the contract manufacturing facility at Spokane, Washington (USA) (Positive)
Hindustan Zinc/Skipper:Company and skipper limited partner for India’s heaviest transmission steel pole structure, weighing around 200 metric tons (Positive)
Reliance Industries:Reliance Retail Ventures & Delta Galil in pact for JV in India. (Positive)
IZMO:Company launches IZMO micro – India’s leading system-in-package manufacturing facility, now operational in Bangalore, Company launch of IZMO microsystems, unit for semiconductor packaging, manufacturing (Positive)
Brigade Enterprises:Company inaugurates 108-bed hospital in collaboration with St. John’s Medical College Hospital at Brigade Meadows. (Positive)
PC Jeweller:Company said it has received a refund of ₹67.54 crore from the Income Tax Department (Positive)
Lemon Tree:Company announced the signing of a license agreement for a new property, the Lemon Tree Hotel, Mira Road, Mumbai (Positive)
IREDA:Company unit IREDA global green energy finance IFSC gets provisional registration from IFSCA. (Positive)
Tinna Rubber:Company has signed a joint venture agreement with lionshare holdings and MBODLA investments to acquire and recycle used Tyres, either in India or through a new recycling plant in South Africa (Positive)
Rajoo Engineers:Company signing agreement to develop innovative plastic extrusion machinery, Company to develop plastic extrusion machinery for one of overseas customer worth $ 15 million (Positive)
Ashoka Buildcon:Company has formed ABL INDIRA Projects JV LLP with Indira projects & development private limited for a project in the Maldives, holding a 90% stake in the LLP (Positive)
Genus Power Infra:Company has incorporated two wholly-owned step-down subsidiaries (SPVS) on September 10, these are incorporated as SPVS for execution of advanced metering infrastructure service provider contract (Positive)
Adani Ports:Rorix Holdings in pact with Company to integrate advanced technologies into India’s infrastructure: Bloomberg (Positive)
Infosys:Company and Proximus Group announce strategic collaboration to drive innovation and deliver superior customer experiences through CPaaS and DI solutions. (Positive)
Oil India/ ONGC:OIL, OVL and KABIL sign MoU with IRH, UAE for global cooperation in critical mineral supply chain (Positive)
Shriram Finance:Company plans to list its general and life insurance subsidiaries in next two years. (Positive)
Endurance Tech:Company to capitalize on premiumization in auto sector to grow revenues. (Positive)
Oil Downstream companies:Brent crude falls below $70 for the first time in 3 years. (Positive)
Torrent Pharma:Company achieved double-digit growth on business (Positive)
CESC:Purvah Green Power accepts LoA from company for setting up 300MW Solar PV power project. (Positive)
Bajaj Auto/Hero/TVS/Ola:Government likely to announce subsidy schemes for electric vehicles today: Sources to ET (Positive)
Windsor Machines:Plutus Investments acquires 53.9% of Windsor Machines for Rs 350 crore. (Positive)
Dr Reddy’s lab:Company issues clarification on certain allegations pertaining to our engagement with agora advisory, Company routinely engage external coaches to enable significant role transitions of leaders. (Neutral)
Dixon Technologies:India CCI approves the subscription of certain shares of Aditya Infotech limited by Company and the acquisition of certain shares of ail Dixon technologies private limited by AIL (Neutral)
Logica Infoway:Company on obtaining Tier – I National Distributorship of Samsung Laptops/ Notebooks for West Bengal and National Capital Region (Delhi NCR) in the month of September 2024 (Neutral)
Pidilite industries:Company issues clarification on news regarding association of Dhaval buch, Company says engages with multiple partners, consultants (Neutral)
IMPORTANT EX-DIVIDEND
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| TV TODAY | Rs 8.50 |
| UTTAM SUGAR | Rs 2.50 |
| AGI GREENPAC | Rs 6 |
Tata Motors:India CCI approves the proposed merger of Tata motors finance ltd with and into Tata capital ltd (Neutral)
Persistent:Company to acquire assets of SoHo Dragon in $4.7 million deal (Neutral)
Reliance Industries:Company sets September 20 as last date for paying call money on partly paid shares. (Neutral)
IndiGo:Bureau of Civil Aviation Security reduces Quantum Of Penalty Imposed On Co from ₹1.2 Cr to ₹70 Lk (Neutral)
UCO Bank:To hike lending rate by 5 bps for some tenures from September 11, 2024 (Neutral)
SpiceJet:Company agrees to a restructuring settlement with Carlyle Aviation, which will involve writing off $40.17 million in lease arrears. (Neutral)
Yes Bank:Recommends wholesale banking country head Manish Jain’s name as executive director for 3 years. (Neutral)
Auto Ancillaries:BMW Cut 2024 guidance in the Automotive segment. (Neutral)
(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.)
