Stocks in News at a Glance (22/3/23)

BL Kashyap: Bags order worth Rs 313 crore from Indian railways (Positive)

Route Mobile: Company secures UCaaS solution order from Robi Axiata (Positive)

Sonata Software: Company bags project worth approx ₹1,322.8 Cr from a US-based consumer retail co (Positive)

Tata Power: Company secures approval to set up solar PV project in Solapur (Positive)

IOC: Company gets in-principle approval to set-up Paradip petrochemical complex at Rs 61,077 crore (Positive)

Asian Energy: Company secures LoA for order worth $20 million (Positive)

Zydus Lifesciences: Company gets US FDA nod for Tofacitinib tablets (Positive)

Tata Motors: Company raises commercial vehicle prices by up to 5%. (Positive)

HG Infra Engineering: Company emerges as lowest bidder for railway project worth Rs 677 crore in Kanpur (Positive)

Hind Zinc/Vedanta: Hindustan Zinc to pay Rs 26 dividend per share (Positive)

Energy stocks: Govt is finalising bids for tranche II under PLI scheme for solar modules (Positive)  

Ashiana Housing: In the current month, the company has crossed its annual booking value guidance of Rs 1,100 crore for the year 2022-23. (Positive)

Bank Baroda: BoB-backed IndiaFirst Life Insurance gets regulatory approval for IPO (Positive)

Emami: The board of directors will meet on March 24 to consider a proposal for buyback of equity shares of the company. (Positive)

Blue Star: Company announced that it secured railway electrification orders totalling Rs 575 crore (Positive)

Mahindra & Mahindra: Company is in advanced talks with global investors to raise $1-1.3 billion by selling shares in its electric vehicles (EV) unit (Neutral)

Bandhan Bank: Received binding bids of Rs 369.2 cr for written-off portfolio worth Rs 2,614 cr (Neutral)

PFC: Company to raise up to Rs 80,000 crore in FY24 via debt instruments (Neutral)

Greenlam: Jalaj Dani’s Family Office sells 34 lakh shares in Greenlam worth Rs 100 crore (Neutral)

Devyani: Temasek sells 3% in Devyani International and raised Rs 500 crore. (Neutral)

Cholamandalam Investment: The Board of Directors has appointed Ajay Bhatia as the Chief Risk Officer of the company for three years (Neutral)

SBI Cards: SBI Card has declared an interim dividend of Rs 2.5 per equity for the current financial year 2022-23. (Neutral)

(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.)