Stocks in News
(for 27-3-2023)
Bharat Electronics: Company secures orders of Rs 4,300 crore from Indian Army, Indian Navy. (Positive)
Godawari Power: Company resumes operations at Sponge Iron Plant, & others at Siltara, Raipur, and Chhattisgarh. (Positive)
Electrosteel Castings: Company plans to set up a new Ferro alloy plant with 9 MVA x 2 capacity at Aradigunta village, Andhra Pradesh (Positive)
Reliance Ind: Company names V Srikanth as new CFO; veteran Alok Agarwal to become Senior Advisor to Chairman (Positive)
Grasim: Company leases 220-acre land in Gujarat from Century Textiles for Rs 255 crore (Positive)
NBCC: Company gets work order worth Rs 81.2 crore from AIIMS, New Delhi (Positive)
Sun Pharmaceutical: Company to acquire 60% shareholding in Vivaldis Health & Foods for Rs 143.30 crore (Positive)
Nykaa: Voluntary & involuntary exits expected in a company with over 3000 on-roll employees. (Positive)
RITES: JV secures order worth Rs 122 crore, RVNL’s share at Rs 77 crore (Positive)
L&T FH: Board approves the amalgamation of three L&T Finance Holdings units with the company (Positive)
Butterfly Gandhimathi: Board approved the Scheme of Amalgamation of the Company with Crompton Greaves Consumer, swap ratio 5:22 (Positive)
Shoppers stop: Company had approved additional investment of upto Rs. 25 Crores in Global SS Beauty Brands Limited. (Positive)
TTK Healthcare: Abakkus Asset Manager LLP has bought 1.31 lakh equity shares at an average price of Rs 911.08 per share (Positive)
Lupin: The company has announced the successful completion of an inspection carried out by the UKMHRA (Positive)
Dalmia Bharat: Company enters into a binding agreement with Sarvapriya Healthcare Solutions to sell the entire 42.36% of the share capital (Positive)
Sundaram-Clayton: Arrangement amongst Sundaram-Clayton and TVS Holdings and Sundaram – Clayton DCD Limited approved by shareholders (Positive)
JKIL: AICPL (JV 55:45) has received a letter of acceptance (LOA) from Bangalore Metro Rail Corporation for a total contract cost of Rs 249.2 crore. (Positive)
Paytm: Company announced launch of its upgraded payments platform powered by 100% indigenous technology (Positive)
Tube Investment: Tll and Premji lnvest to acquire 67% and 33% of the equity share capital of Lotus Surgicals (Positive)
Karur Bank: The bank has executed an agreement with SBI Life Insurance Company, as an additional bancassurance partner in the life insurance category (Positive)
Isgec: Company has received an order for Rs 197.25 crore from Maharashtra State Power Generation (Positive)
Morepan Labs: USFDA inspection at Baddi, Nil Observation (Positive)
IndusInd Bank: Company appoints Vikas Muttoo as COO & Head Member Services of its arm, Bharat Financial Inclusion (Neutral)
Bajaj Healthcare: Fire incident occurred at M.I.D.C, Tarapur unit on March 23, 2023. (Neutral)
Alembic Pharma: Company receives 2 observations for Gujarat facility from USFDA (Neutral)
Zydus Life: USFDA inspection at Ahmedabad Unit ,three observations. (Neutral)
Shriram Finance: The company has raised Rs 341 crore through NCDs at a coupon rate of 9%. (Neutral)
M&M: Company to increase its stake in Mahindra Aerospace to 100% from 91.59% (Neutral)
JSW Energy: Amalgamation of JSW Future Energy with JSW Neo Energy turned effective w.e.f. April 1, 2022 (Neutral)
Sun Pharma: Ransomware group claims responsibility of security incident at Sun Pharmaceutical. (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.)
