Stocks in News: elgirubber, kansainerolac, everestkanto, ltimindtree, zyduslife, idfc, bel
Ahmedabad, 30 September
Welspun Enterprises: Company emerges as L1 bidder for a Brihanmumbai Municipal Corporation contract worth ₹1,989.9 cr (Positive)
Elgi Rubber: Company approved to sell certain immovable properties of Company, Company approved sale of non-current investments of co in open market. (Positive)
Kansai Nerolac: Company has opened a new sales depot in Salem, Tamil Nadu, increasing its total network to 114 depots across India. (Positive)
Everest Kanto: Company received upgraded ratings from CARE Ratings. Long-term bank facilities retained CARE BBB+; outlook revised from stable to positive. (Positive)
LTI Mindtree: Company strengthens partnership with Curry’s, a leading UK retailer of technology products and services, by enabling transformation of its Omni-channel retail customer experiences leveraging salesforce service cloud, commerce cloud and Mulesoft. (Positive)
Mangalore Chemicals: Company’s Ammonia and Urea plants have now resumed the production (Positive)
Zydus life: Company receives final approval from USFDA for Enzalutamide Capsules, 40 mg. (Positive)
IDFC: IDFC First Board Approves amalgamation of IDFC FHCL with IDFC Limited w.e.f Sep 30 and approves amalgamation of IDFC Limited with IDFC FIRST Bank w.e.f Oct 1. (Positive)
P N Gadgil Jewellers: Company received upgraded ratings from CRISIL Ratings from A-/Stable to A/Stable. (Positive)
BEL: Ministry Of Corporate Affairs approves incorporation of JV company ‘BEL IAI AeroSystems’ with Israel Aerospace Industries. (Positive)
Adani Energy: Company signs business transfer agreement with arm North Maharashtra Power Limited to carve out Adani Dahanu Thermal Power Station. (Positive)
Saksoft Ltd: Company has executed a Share Purchase Agreement to acquire 100% equity interest in Ceptes Software Private Limited (Positive)
Avantel: Company wins order worth Rs 444.9 million from Larsen & Toubro for supply of Satcom systems (Positive)
RailTel: Company receives work order of Rs 134.5 cr from Adani Connex Private Limited (Positive)
Thermax: Company plans to start manufacturing of solid oxide electrolysers in India in next two years. (Positive)
Alembic Pharma: Company gets U.S. FDA establishment inspection report for Panelav facility. (Positive)
Gensol Engineering: Company announces its promoter and MD Anmol Jaggi has hiked its stake in the company through open market acquisition. (Positive)
Hindustan Adhesives: Commenced commercial production of company’s new unit situated at Mauza Majukshetra, West Bengal. (Positive)
Bajel Projects: Company Secures First Data Center Order from an upcoming private service provider (Positive)
Rossari: Company have approved to purchase a plot of land allotted by GIDC adjoining to the existing Dahej Facility of the Company (Positive)
KRBL/LT Foods: Govt allows white rice export with $490/ ton MEP. (Positive)
Spice Jet: Singularity Holdings bought 65 lakh shares at Rs 61.61/sh (Positive)
Reliance Infrastructure: Calcutta High Court rules in favor, upholding the ₹780 crore arbitration award against Damodar Valley Corporation (DVC). (Positive)
Mining Stocks: Iron ore surges almost 8% as Chinese cities ease home curbs. (Positive)
Dalmia Bharat: High Court of Calcutta dismissed the review petition filed against Dalmia Bharat (Positive)
LIC: Company has reduced its shareholding in Mahanagar Gas Ltd. from 9.030% to 6.939%. (Neutral)
Tata Motors: Company conducts groundbreaking ceremony of its new vehicle manufacturing facility in Tamil Nadu. (Neutral)
Lupin: US FDA issues 3 observations to co’s Pithampur facility. (Neutral)
PNB: Bank raises ₹5,000 crore via QIP to strengthen capital base (Neutral)
Dr. Reddy’s: Company completes investment $640 m in Switzerland Unit. (Neutral)
Zomato: Akriti Chopra resigns as Co-Founder & Chief People Officer of the company w.e.f. September 27, 2024. (Neutral)
Adani Enterprises: Arm’s JV unit April Moon retail buys 74% stake in Cococart ventures for ₹200 cr. (Neutral)
Pidilite Industries: Company unit Pidilite ventures invests Rs 50 million in Wify, a leading home improvement and maintenance platform. (Neutral)
D B Realty Limited: Company announces the appointment of Mr. Rajeev RA as an Independent Director effective September 27, 2024. (Neutral)
Capacite Infraprojects: Company has appointed Mr. RK Jain as Director- Operation & CEO, effective October 1, 2024. (Neutral)
Gandhar Oil: USFDA inspected manufacturing facility located at taloja, Company received 2 observations in form 483. (Neutral)
ICICI Lombard: Company gets income tax demand of Rs 1,388 crore for April 2021 to March 2022 period (Neutral)
ICICI Prudential Life: Company receives income tax order worth Rs 361 crore, including interest from authorities in Mumbai. (Neutral)
IndusInd Bank: Company approves the reappointment of Sumant Kathpalia as MD and CEO. (Neutral)
OLA: Bhavish Aggarwal announces Ola Electric’s Hyper Service for customers amid mounting after-sales and services complaints. (Neutral)
SpiceJet: Company plans to expand its fleet from 25 to 100 aircraft by the end of 2026, says CMD Ajay Singh. (Neutral)
Biocon: US FDA issues 4 observations to co’s Bengaluru facility (Neutral)
Bharat Agri: Company reports completion of Plinth work for Majiwada Project (Neutral)
Eicher Motors: Company to recall a batch of Royal Enfield (Neutral)
Craftsman: Company has invested EUR 13,500,000 in German Holdco towards subscription of equity shares of the German Holdco (Neutral)
Reliance -Disney merger: I&B Ministry’s nod to RIL for transfer of channels (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.)
