Stocks in News: HEROMOTO, MARUTI, EICHER, JBCHEM, BHARATFORGE, RAILTEL
Global Equity Indices Update
| Dow Future (US): 42162 | -34.0 points/ -0.08% |
| Nasdaq Future (US):19765 | -37.0 points/ -0.18% |
| FTSE Future (UK):8308 | -34.0 points/ -0.42% |
| DAX Future (Germany):19244 | -61.0 points/ -0.32% |
| Taiex Future (Taiwan): 22100 | -291.0 points/ -1.30% |
| Hang Seng Future (Hong Kong): 22051 | -408.0 points/ -1.78% |
| Nikkei Index (Japan): 38628 | +834 points/ +2.21% |
| Gift Nifty: (India) 25721 | -248.0 points/ -0.95% |
AHMEDABAD, 3 OCTOBER
Aurobindo Pharma: Company receives USFDA approval for cephalexin tablets USP, 250 MG and 500 MG. (Positive)
Man Infraconstruction: Company gets commencement certificate for its highly anticipated vile Parle project, the project has total estimated sale potential of over Rs 1,200 cr. (Positive)
Hero Motocorp: September total sales 637050 units vs 536499 units (YoY), EST 622000. (Positive)
Maruti Suzuki: September total sales 184727 units vs 181343 units (YoY), EST 182000. (Positive)
Eicher RE: September total sales 86978 units vs 78580 units (YoY), EST 78500. (Positive)
Petronet LNG: Company informs that the two LNG storage tanks i.e. t-107 & t-108, each having capacity of 1, 80,000 CU.M, at Dahej LNG terminal of the Company have been commissioned (Positive)
JB Chemicals: Company approved capacity addition to iv manufacturing facility at Panoli, Company establishment of dedicated manufacturing line for povidone/iodine liquid, ointment (Positive)
RailTel: gets work order for Rs 68 crore from Bangalore Metro Rail. (Positive)
Bharat Forge: Kalyani Strategic Systems and US-Based AM General & Mandus Group partner to Codevelop and Co-produce Next-Generation Artillery Platforms (Positive)
Tata Power: Company bets Rs 1.2 lakh crore investment to make Rajasthan the next green energy superpower (Positive)
GMR Airports: Top court disposes pleas in Nagpur airport case, authorities required to execute concession agreement at earliest for Nagpur airport with Company. (Positive)
V-Mart Retail: September quarter revenue growth of 20% (YoY) to Rs 6.61 billion. (Positive)
Ujjivan Small Finance Bank: RBI grants authorized dealer category 1 license to the bank. (Positive)
Unichem Laboratories: Company approved entering into agreements with Bayshore pharmaceuticals, Purchase of rights, title, interest in product, goodwill associated with 9 Andas of Bayshore USA (Positive)
CSB Bank: Gross advances witness a 20% jump on a yearly basis to Rs 26,871 crore in July-September quarter. (Positive)
Dr. Reddy’s: Company signs voluntary licensing agreement with Gilead Sciences to manufacture and commercialise Lenacapavir in India and other countries (Positive)
Jubilant Ingrevia: Company has entered into an agreement with a leading Agrochemical Company to produce an Agro Intermediate for one of the key Agro actives of the Customer. (Positive)
Max Health: CARE has upgraded the credit rating for long term bank facilities from ‘CARE AA; Positive’ to ‘CARE AA+. (Positive)
Paras Defence: Company opens QIP, sets floor price at Rs 1,096.35/share (Positive)
APL Apollo: Company announces that total sales for quarter ending September 30 increased to 7.58 lakh tons. (Positive)
Ashoka Buildcon: Company gets 2 LoAs worth Rs 1,264 crore from MMRDA for design & construction of 2 creek bridges (Positive)
Zydus Life: Company receives tentative approval from USFDA for Enzalutamide Tablets, 40 mg and 80 mg (Positive)
JSW Energy: Company received Letter of Intent from Maharashtra State Electricity Distribution Company Limited for 1,500 MW / 12,000 MWh of pumped hydro energy storage. (Positive)
PC Jeweller: Company has successfully reached a one-time settlement with its 14 Consortium Lenders, including State Bank of India. (Positive)
Adani Enterprises: India’s Maharashtra state approved the acquisition of 256 acres of land in Mumbai in a boost to the Adani Group’s project to redevelop Dharavi: Bloomberg (Positive)
DCW: Ekta Halwasiya bought 15 lakh shares of company at average Rs 101.76 per share (Positive)
R Power: Anil Ambani’s Reliance Group forays into Bhutan, to set up 1,270 MW projects (Positive)
Vakrangee: Hrti Private Limited bought 63.76 lakh shares of company at average Rs 35.77 per share (Positive)
SENCO: Board will consider the proposal of the split/sub-divide of its stock’s face value on October 04, 2024. (Positive)
Godawari Power: Reminder for stock split from Rs 5 to Rs 1. Ex-date is 04th October 2024. (Neutral)
Godawari Power: Company has appointed Mr. K.V.S.N. Raveendra as Chief Operating Officer effective October 1, 2024 (Neutral)
Veefin: Company has acquired a 26% stake in Regime Tax Solutions Pvt Ltd (Tax Genie) through its subsidiary, Estorifi Solutions Pvt Ltd. (Neutral)
South Indian Bank: Provisional gross advances up 13.07% for quarter ended September, provisional total deposit rose 8.62% (YoY) (Neutral)
Thermax: Company’s unit Thermax engineering Singapore makes further investment in unit Thermax (Thailand), investment of Rs 259 million. (Neutral)
Tata Consultancy Services: Company has announced a record date for the second interim dividend, pending board approval on October 10, 2024. (Neutral)
Vaibhav Global: Company Entered Into Spa for Transfer of Entire Shareholding in Encase Packaging (Neutral)
Varroc Engineering: Company unit enter into power purchase agreement with Ampin energy C&I thirty; agreement for acquisition of 26% stake in SPVS for up to Rs 97.2 million (Neutral)
NMDC: September total production at 3.04 MT, September total sales 3.54 MT vs 3.11 MT (YoY). (Neutral)
Dabur: Company expected to post a mid-single digit decline in consolidated revenue for September quarter. (Neutral)
ESAF Small Finance Bank: Company has decided to engage M/S. KYNDRYL solutions as the master system integrator of the Bank (Neutral)
ITC: Arm ITC Infotech India acquires 100% shares of Blazeclan Technologies for ₹485 crore. (Neutral)
Mankind Pharma: CCI approves Mankind Pharma’s proposed acquisition of Bharat Serums and Vaccines for Rs 13,630 crore. (Neutral)
Reliance Infra: Company to raise approx Rs 2,930 crore via foreign currency bonds (Neutral)
Adani Enterprises: Company is looking to raise about $1.3 billion through a QIP: Bloomberg. (Neutral)
Coal India: Company reports provisional 1% decline in #coal production to 50.9 million tonne in September. (Neutral)
PVR: Company opened 5-screen multiplex at Alveal Fun Savvy Mall, Coimbatore, Tamil Nadu. (Neutral)
Spice Jet: Company clears salary dues totalling Rs 120 crore for its employees over the past four months. (Neutral)
HCG: Company has completed the upfront acquisition of 51% equity share capital of Vizag Hospital (Neutral)
Suzlon: Company has been issued an advisory cum warning letter from both the NSE and BSE, concerning non-compliance with the SEBI. (Neutral)
Dalmia Bharat: Company to acquire 25.38% of equity share capital of Bijlee Kandasamy Private Limited (Neutral)
All Cargo: Company has considered and approved the sale of its 7.60% equities of Haryana Orbital Rail held by the Company to Allcargo Terminals Limited, Promoter Group Company for total consideration of Rs.115 crores. (Neutral)
Zuari Ind: Company has acquired 50% stake in Forte Furniture Products from Fabryki Mebli Forte S.A. (Neutral)
Hindustan Zinc: Company’s mined metal production up 2% year-on-year. (Neutral)
OLA: Company sold 23965 vehicles in September vs 26928 vehicles MoM. (Negative)
Marico: Company expects gross margins to decline annually. (Negative)
[10/3, 7:13 AM] +91 99132 87882: Global Equities Update
Asian markets are trading with mixed note as Hong Kong markets pared earlier gains and slipped into red while Japanese markets have protected gains amid hope of no rate hike from BoJ. MSCI’s global equities index was down slightly on previous session while the dollar rose as investors digested U.S. economic data and anxiously awaited Israel’s response to Iran’s missile attack the previous day.
(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.)
