Stocks in News and market views at a glance
Glenmark Pharma: Company says it will divest select brands from its dermatology segment, for India and Nepal territories, to Eris Oaknet Healthcare. (Positive)
EID Parry: New 120 KLPD distillery of the Company at its sugar unit at Sankili, Andhra Pradesh has commenced commercial operations (Positive)
RVNL: Emerges as the lowest bidder for Surat Metro Rail Project Phase-I with cost Rs 673.8 crores and Ahmedabad Metro Rail Project Phase-II with cost Rs 384.0 crore (Positive)
Adani Enterprises: In pact with Ashok Leyland for electric truck pilot (Positive)
ITC: Company to acquire Sproutlife Foods Pvt Ltd, engaged in the manufacture and sale of healthy foods brand YogaBar (Positive)
Infosys: Company ranked in the Top 3 IT Services Brands in the World, among the top 150 Most Valued Brands. (Positive)
V-Mart Retail: Amansa Holdings acquired additional 3.27 lakh shares in the company via open market transaction (Positive)
Gokaldas Exports: Goldman Sachs Asset Management International bought an additional 0.018 percent stake (Positive)
Landmark Cars: The company’s consolidated revenue rose 41% YoY in the nine months ended December to Rs 3,380 crore (Positive)
KDDL: The board will meet to consider and approve buyback of shares. (PositiveSundram Fasteners: The Company has bagged a contract worth $250 million from a leading global automobile manufacturer (Positive)
ICICI Lombard: PAT at Rs 353 cr Vs Rs 318 cr YoY; up 11% -GDPI at Rs 5,493 cr Vs Rs 4,699 cr; up 16.9% YoY (Neutral)
Eris Life: Net profit up 1.1% at Rs 101.8 cr Vs Rs 100.7 cr, Revenue up 27.4% at Rs 423.2 cr Vs Rs 332.1 cr (YoY) (Neutral)
Shalby: Net profit up 17.8% at Rs 15.2 cr Vs Rs 12.9 cr, Revenue up 24.7% at Rs 202.4 cr Vs Rs 162.3 cr (YoY) (Neutral)
Adani Transmission Q3: Added 371 ckms to the network (Neutral)
Delta Corp: Net profit up 20.5% at Rs 84.8 cr vs Rs 70.4 cr, Revenue up 10.6% at Rs 273.4 cr vs Rs 247.2 cr (YoY) (Neutral)
Samvardhana Motherson: Investor Sojitz Corporation has offloaded 10.61 crore equity shares (Neutral)
Coforge: Life Insurance Corporation of India purchased an additional 0.057 percent stake in the company (Neutral)
RIL: Arm Reliance Jio Infocomm has launched 5G wireless services in 16 cities across the country (Neutral)
Maruti Suzuki: recalls 17,362 vehicles manufactured b/w Dec 8-Jan 12, co suspects a fault in the Airbag Controller part (Neutral)
Hathway Cable: Net profit down 15.3% at Rs 28.7 cr Vs Rs 33.9 cr, Revenue up 5.1% at Rs 478.5 cr Vs Rs 455 cr (YoY) (Negative)
Tata Metaliks Q3: Net profit down 73.4% at Rs 9.5 cr Vs Rs 35.6 cr, Revenue up 14.6% at Rs 790.2 cr Vs Rs 689.9 cr (YoY) (Negative)
ICICI Pru: Net Premium Income at Rs 9,460 cr, up 4.3% YoY -PAT at Rs 221 cr, down 29% YoY; AUM at Rs 2.52 lk cr (Negative)
Jet Freight: Mumbai district administration seizes 4 aircraft of Jet Airways including 3 Boeing, 1 Airbus for non-payment of gratuity dues (Negative)
Tata Investment Corp: The company’s net profit declined 59.5% YoY to Rs 14.8 crore, and revenue dropped 53% to Rs 24.8 crore (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.)
