Stocks in News: RPPINFRA, TORRENTPHARMA, INFY, HEROMOTO, SONATASOFT, SWIGGY, ADANIPOWER, RAITEL, ADANIGROUP

AHMEDABAD, 5 DECEMBER:

Suraj Estate: Company has purchased through a Conveyance Deed a vacant parcel of land admeasuring ~ 1,464 square meters. (Positive)

RPP Infra Projects: Company has agreed to develop the 96 Legends project in Sri Lanka with Wills Realtors Pvt Ltd. (Positive)

Dynamic Services: Company gets offer letter for “Mega Project” from the Government of Maharashtra to set up a new project for manufacturing of solar PV panels 1800 MW (Positive)

Gallantt Ispat: Company receives ₹80.45-crore SGST reimbursement from Gujarat, Uttar Pradesh governments. (Positive)

Indraprastha Gas: Company to consider bonus shares on December 10. (Positive)

Infosys: Company partners with Kardex to transform its business operations using SAP S/4HANA and Infosys Cobalt. (Positive)

Quick Heal Technologies: Company launched Seqrite Malware Analysis Platform (SMAP) and Threat Intel solution. (Positive)

Torrent Pharma: Company acquires 3 anti-diabetes brands from Boehringer Ingelheim for an undisclosed sum. (Positive)

Techno pack: Company approves bonus share in the ratio 1:1. (Positive)

Hero MotoCorp: Company launched VIDA V2 electric scooters in 3 variants (Positive)

E2E Networks: L&T invested ₹1079.28 Cr for 29,79,579 equity shares, increasing the paid-up equity share capital to ₹19.86 Cr. (Positive)

Royal Orchid: Company opened Regenta Inn in Raipur, Chhattisgarh – its first property in the state. (Positive)

Sonata Software: Company achieved AWS Generative AI Competency. (Positive)

Cyient DLM: Company signs a MoU with Arcedo Systems to establish a 500 kWp solar power plant at its Mysore facility. (Positive)

Swiggy: Company mulls increasing Instamart delivery charges to boost profit margins. (Positive)

GOCL Corp: Company announces further monetization of 11 acres of land for ₹142.15 crore. (Positive)

Kross: Approved acquisition of 6.56 acres for future expansion. (Positive)

RailTel: Company secures Rs. 10.64 crore order from Gail. (Positive)

Unicommerce: Hummel partners with Unicommerce for e-commerce operations. (Positive)

Bondada Engineering: Company bags order worth ₹108.9 crore from Bihar Renewable Energy Development Agency. (Positive)

Sikko Industries: Company board approved the Letter of Offer for its rights issue (Neutral)

Rane (Madras) Ltd: Company’s credit rating remains unchanged. (Neutral)

Adani Power: Company’s subsidiary, Mahan Energen Limited, has successfully amalgamated with Stratatech Mineral Resources Private Limited. (Neutral)

Mastek: Company’s Global CFO, Mr. Arun Agarwal, resigned on Dec 3, 2024. (Neutral)

Muthoot Microfin: Company reduces lending rates by 25 bps for IGL, by 125 bps for TPP. (Neutral)

Bharat Forge: Company opens QIP, sets floor price at ₹1,323.54/sh. (Neutral)

Indus Tower: Omega Telecom Holding and Usha Martin Telematics to sell stake in Indus Towers, offer size is at ₹2,716.9 cr to ₹2,835.8 cr: CNBC Sources (Neutral)

Eicher Motors: Royal Enfield opens new assembly plant in Thailand (Neutral)

Indian Bank: Received RBI approval to exercise the call option on ₹1500 crore of its Tier 2 Bonds. (Neutral)

Mahindra Lifespace: Company received five GST tax orders totaling ₹10.7Cr from Tamil Nadu. (Neutral)

EPACK Durable: Company announced the resignation of its Company Secretary and Compliance Officer, Mr. Arjit Gupta (Neutral)

KPIT Technologies: Company completed the acquisition of Technica Group for €80 million and KPIT engineering SUARL for €5 million. (Neutral)

Home First: Orange Clove Investments B.V. sold 9,442,236 equity shares (10.59%) of Home First Finance Company India Ltd. (Neutral)

Force Motors: November Total Sales 1,885 Units Vs 1,884 Units YoY. (Neutral)

PG Electroplast: Company opens QIP, sets floor price at ₹705.18/sh (Neutral)

Kirloskar Pneumatic: Company acquired 55.26% equity shares of Systems and Components. (Neutral)

ICICI Bank: Offices searched by Maharashtra GST authorities.

(Neutral)

Vodafone Idea: Board to meet on December 9 to discuss Rs 2,000 crore fund raise. (Neutral)

Bharat Forge/RK Forge: North America Class 8 Truck Orders Down 9% YoY & Up 18% MoM. (Neutral)

Genus Power: Company’s corporate office and chairman’s residence were searched by the Directorate of Enforcement (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.)