Stocks in News at a Glance

Ahmedabad, 21 April

Siemens/RVNL: Consortium of Siemens and Rail Vikas Nigam bags order worth Rs 678 crore from Gujarat Metro Rail Corporation. (Positive)

Finolex Cables: Company to set up a plant at Urse facility in Pune for Rs 290 cr; to produce Optical Fibre Preforms. (Positive)

Cyeint: Net profit at Rs 162.2 cr Vs poll of Rs 161.5 cr, Margin at 14.2% Vs 13.2% (QoQ) (Positive)

HDFC Life: March Premium up 83% (YoY) (Positive)

Max Life: March Premium up 43% (YoY) (Positive)

SBI Life: March Premium up 23% (YoY) (Positive)

ICICI Pru: March Premium up 31% (YoY) (Positive)

ICICI PRU: PAT at Rs 235 cr vs Rs 185 cr, up 27.2% YoY. New Business Premium at Rs 5,635 cr vs Rs 4,788 cr, up 18% YoY (Positive)

Adani Power: Long-term power supply agreement signed with MPSEZ Utilities Ltd for a capacity of 360 MW (Positive)

Oberoi Realty: Company’s booking value at Rs 6,023 Cr Vs Rs 632 Cr QoQ in Q4 (Positive)

Greenpanel: Company has resumed operations at manufacturing operations of the MDF plant situated at Rudrapur (Positive)

Suven Pharma: CCI Approves Acquisition Of Up To 76.10% Of Voting Share Cap Of Suven Pharma By Berhyanda (Positive)

PNB Housing: Nippon India Mutual Fund has bought 5 lakh equity shares or around 0.3 percent stake (Positive)

Oriental Hotels: Company reported a revenue of Rs 115.56 crore during Q4, a 69% increase. PAT came in at Rs 17.79 crore. (Positive)

IndiGrid: IFC has subscribed to a listed NCD issuance of IndiGrid aggregating to Rs 1,140 crore (Positive)

CEAT: Arnab Banerjee the new MD and CEO joins (Neutral)

Vodafone Idea: Company appoints Kumar Mangalam Birla as Non-Executive Director (Neutral)

ICICI Lombard: Amitabh Jain, Head-motor Underwriting & Claims at ICICI Lombard resigns (Neutral)

PVR: Company changed its name To PVR INOX Limited (Neutral)

Bank Baroda: To Consider Fund Raising Via Foreign Currency Fund (Neutral)

Nestle India: Company will trade ex-dividend on Friday with respect to the Rs 27 dividend announced earlier.

Laxmi organic: The Board approved a proposal to raise funds by way of equity and/or debt through any mode up to Rs 2,000 crore. (Neutral)

SW Solar: Net loss of Rs 417.5 cr Vs loss of Rs 126.3 cr , Revenue down 91.7% at Rs 88.4 cr Vs Rs 1,071 cr (YoY)NIL (Negative)

HCLTech Q4 Results: FY24 revenue growth seen between 6-8% in constant currency (Negative)

LIC: March Premium down 32% (YoY) (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.)