Stocks in News/ RESULTS IN BRIEF: LUPIN, INDUS TOWER, HFCL, JSW INFRA, IOL, TEXMACO RAIL, SEAMEC, NCC, RELIANCE, ADANI ENTERPRISES
AHMEDABD, 17 FEBRUARY:
Cochin Shipyard: Company Declared L1 bidder for ~Rs 5,000 crore project by Defence Ministry (Positive)
Embassy Developments: Company receives RERA approval for Alibaug project (Positive)
Lupin: Company signs license and supply agreement with Spektus (Positive)
Delhivery: Company announces strategic partnership with electric mobility startup RIDEV (Positive)
TVS Supply Chain: Company signs MoU with Italy-based ALA Group (Positive)
Panorama: Company signed MoU with Ada 360 Degree LLP for theatrical rights of Hindi film ‘Shatak’ (Positive)
Highway Infrastructure Ltd: Company secures ₹154.60 Cr NHAI Toll Contract (Positive)
Piramal Finance: S&P Global upgrades Piramal Finance on improving business conditions (Positive)
Indus Tower: Bharti Airtel has bought 4.5 cr shares since February 5 (Positive)
Texmaco Rail: Company gets order worth ₹219.18 cr from Mumbai Railway Vikas Corporation (Positive)
HFCL: Company gets purchase orders worth Rs 60.95 cr for supply of optical fiber cables (Positive)
SEAMEC: Company has chartered its vessel “SEAMEC Princess” to Supreme Offshore Construction for a contract valued at approximately $460,000. (Positive)
Engineers India: Bofa Securities Europe SA bought 45.97 lakh shares at Rs. 217 per share. (Positive)
NCC: AVSR Holdings bought 3.15 lakh shares. (Positive)
Polycab: Company appoints Gyan Pandey as Executive President & Chief Digital & Information Officer w.e.f. Feb 16 (Neutral)
BLS E-Services: Company acquires Atyati Technologies for Rs 154 crore (Neutral)
JSW Infra: Company to consider fund raising via QIP on Feb 20 (Neutral)
Reliance Industries: Reliance Consumer Products has entered into a definitive agreement to form a majority-owned Joint Venture with Nigeria’s TGI Group (Neutral)
DCM Nouvelle: Shareholders have approved the appointment of Mr. Deepak Sood & Mr. Rajinder Khanna as Independent Directors (Neutral)
REC: Company announced the incorporation of Vizag Power Transmission Limited as its wholly owned subsidiary. (Neutral)
Alkem Laboratories: Subsidiary company Enzene Biosciences receives 6 USFDA observations, no data integrity issues (Neutral)
Adani Enterprises: Subsidiary ACX incorporates arm Navi Mumbai Power Transmission (Neutral)
TIL: Company completes the acquisition of a 60% majority stake in Tulip Compression. (Neutral)
Jindal Steel: Company’s arm, Skyhigh Sustainable, is set to acquire 4.87% voting rights in the company. (Neutral)
NTPC: Company starts operations for an additional 5 MW of its Bhilai Solar Project, bringing the group’s commercial capacity to 86,729 MW. (Neutral)
Kwality Wall’s: LIC acquires a 6.63% stake in the company. (Neutral)
Shriram Properties: Rajesh Yashwant Shirwatkar resigns from his position as the Deputy CFO of the company. (Neutral)
Zota Health: Company acquires an additional 21.8% stake in its arm, Everyday Herbal Beauty Care, for Rs 19.5 crore. (Neutral)
VA Tech Wabag: Company incorporates a new subsidiary, Ghaziabad Bioenergy, as a joint venture entity. (Neutral)
Adani Ports: Company incorporates 12 entities as wholly owned subsidiaries. (Neutral)
List of stocks included in the short term ASM Framework: Gokaldas, Garware Hi-Tech, GE Power, Servotech, TVS Supply. (Neutral)
List of stocks excluded from ASM Framework: Oriana Power, Shreeji Shipping, Ujaas Energy. (Neutral)
IGI Ltd Ex-Date Today, Interim Dividend – Rs. – 2.50 (Neutral)
IOL Chemicals Ltd Ex-Date Today, Interim Dividend – Rs. – 1.0 (Neutral)
IRCON International Ltd Ex-Date Today, Interim Dividend – Rs. – 1.2 (Neutral)
Majestic Auto Ltd Ex-Date Today, Special Dividend – Rs. – 35.0 (Neutral)
Riddhi Steel and Tube Ltd Ex-Date Today, Bonus issue 1:2 (Neutral)
Shipping Corporation of India Ltd Ex-Date Today, Interim Dividend – Rs. – 3.5 (Neutral)
Ashiana Housing Ltd Ex-Date Tomorrow, Interim Dividend – Rs. – 1.00 (Neutral)
Bazel International Ltd Ex-Date Tomorrow, Bonus issue 1:1 (Neutral)
Bharat Forge Ltd Ex-Date
(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.)
