Stocks in News: GRSE, TATAPOWER, JSWSTEEL, PAYTM, TATAELEXI, BEML, GNFC, WIPRO, UPL, TATATECH, TRENT, PSPPROJECT
AHMEDABAD, 21 NOVEMBER:
GRSE: Company signed a contract worth Rs 226.18 crore with West Bengal’s Transport Department for designing, building, and maintaining 13 hybrid electric ferries. (Positive)
Tata Power: Company and Bhutan’s Druk green power corporation ltd forge partnership to develop 5,000 mw of clean energy projects in landmark regional collaboration (Positive)
JSW Steel: Company declaration as a “preferred bidder” for CODLI mineral block-xii, Dharbandora, projected iron ore resources is 48.5 million Tonned (Positive)
Aegis Logistics: Company arm Aegis Vopak Terminals has filed draft red herring prospectus (DRHP) for an IPO. (Positive)
Rulka Electricals: Company received new orders totaling Rs 1.48 Cr Orders include electrical work in Maharashtra (Positive)
Deccan gold mines: Drilling program of unit reveal new high-grade intersections, drilling results indicates potential to augment gold resources (Positive)
Paytm: Users will be able to make UPI payments at select international locations. (Positive)
Godrej Properties: Company acquires 53-acre of land in Joka, Kolkata, with an estimated revenue potential of nearly Rs 500 cr (Positive)
Indus Tower: Supreme Court allows telecom companies to claim tax credits for towers, tower parts, shelters, and the likes. (Positive)
Bharti Airtel: Company Secures Multi-Billion 5G Deal with Nokia (Positive)
Tata Elxsi: Company, DENSO, and AAtek have opened a Robotics and Automation Innovation Lab in Frankfurt. (Positive)
BEML: Company wins Rs 246. 8 Crores order for 48 BH60M Rear dump trucks from Central Coalfields (Positive)
Zaggle Prepaid: Company has entered into an agreement with Strada India Pvt. Ltd. (Positive)
KFBL: Company has received a bulk order to supply Alcomax of 100 MT per month for the coming six months amounting to Rs. 20-25 Crores. (Positive)
RITES: Company signs MoU with Nise for assuring quality in green energy (Positive)
JSW Holdings: Sajjan Jindal says targetting PO for JSW Cement by January 2025 (Positive)
UPL: Company announced $350m investment in Advanta by Alpha Wave Global (Positive)
GNFC: Company signs MoU with INEOS to build a new world scale acetic acid unit in India (Positive)
Wipro: Company and Lineaje Collaborate to Boost Enterprise Software Supply Chain Security. (Positive)
UPL: Company Alpha Wave Global announced the signing of agreements under which Alpha Wave Global will invest $350 million to acquire approximately 12.5% stake in Advanta Enterprises, a subsidiary of UPL (Positive)
Tata Technologies: Company has today signed a MoA with Department of Industries & Commerce, Government of Tripura, for ITI Upgrade project for upgrading 19 ITI across Tripura. (Positive)
Vakrangee: Company partners with Bangiya Gramin Vikash Bank to boost financial inclusion in rural West Bengal (Positive)
EaseMy Trip: Company partners with BNZ Green to promote eco-friendly travel (Positive)
TRENT: Siddhartha Yog buys a stake worth Rs 843.2 crore in Trent through an open market transaction. (Positive)
PSP Projects: Adani Infrastructure makes open offer acquisition of 1 crore shares at Rs 642.06/share. (Positive)
Winsol Engineers: Company received Rs 48 Cr worth of orders from Juniper Green Energy for supply and services related to a 220 KV transmission line project (Positive)
Godfrey Phillips: Company declares interim dividend of ₹35 per share (Neutral)
Adani Energy: Company has acquired 100% equity of Pune-III Transmission Ltd, including new transmission lines and substations. (Neutral)
PNC Infratech: Company has received in-principle approval from the NHAI to transfer 100% stake in its subsidiary companies to Highways Infrastructure Trust. (Neutral)
Coforge: Company has completed acquisition of 32.68% stake in Cigniti Technologies Limited (Neutral)
Aditya Birla Capital: Company invests ₹100 crore in arm Aditya Birla Capital Digital on rights basis. (Neutral)
GPIL: Company has acquired a 51% stake in Jammu Pigments Limited for around Rs 500 Crores. (Neutral)
M&M: Company clarifies report “M&M, Skoda-VW India JV talks hit speed bump”, Company, VW group continue to explore opportunities to expand collaboration (Neutral)
Dr Reddys: India Ratings affirmed Company existing bank facilities rating at IND AA+/Stable and assigned IND AA+/Stable to additional limits totaling Rs 2200 cr. (Neutral)
SBI: Bank’s Rs 10,000 crore, 15-year bond issue fully subscribed. (Neutral)
NLC INDIA: Company to invest in unit NLC India renewables via subscribing equity shares; co to invest up to Rs 37.2 billion (Neutral)
Mangalam Global: Company has successfully completed the purchase of key assets for its edible oil business, purchased assets at cost of Rs 108.7 million (Neutral)
Happiest Minds: Company declared an interim dividend of Rs. 2.50 per share for FY24-25. (Neutral)
Cupid Ltd: Company incorporated a wholly-owned subsidiary, Cupid Invesco Ltd., in the UAE for business expansion. (Neutral)
Dynamic Cables: Company announced the resignation of Mahesh Singhla, Assistant VP-Production, and effective Nov 20, 2024 (Neutral)
UPL: Rights Issue Committee during a meeting. The offering includes partly paid-up equity shares priced at ₹360 each with ratio 1:8 (Neutral)
Dr Reddy’s: USFDA issues form 483 with 7 observations for API mfg facility (CTO-2) in Bollaram, Hyderabad. (Negative)
Adani Group stocks: Adani Dollar Bonds Plunge amid U.S. Bribery Charges. (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.)
