Stocks in News at a Glance (3-3-23)

Natco Pharma: Company to consider share buyback on March 8. (Positive)

Pidilite: Company to make Germany-based Jowat’s hot melt adhesive in India (Positive)

Titagarh Wagons: BHEL consortium emerges as 2nd lowest bidder (L-2) for Vande Bharat trainsets (Positive)

Adani Wilmar: Company launches Kohinoor Biryani kit; to help in preparing biryani in 30 minutes (Positive)

Adani Green: Company’s 700 MW wind-solar hybrid plant becomes operational at Jaisalmer, Rajasthan (Positive)

M&M Fin: Mahindra Finance’s total disbursement grew by 53% (YoY) at Rs 4,185 crore, while the loan book grew by 1.5% (MoM) (Positive)

MOIL: Company’s February Manganese Ore production at 1.31 lakh tonnes, up 10% (YoY). (Positive)

Pidilite: Company to make Germany-based Jowat’s hot melt adhesive in India (Positive)

TWL/BHEL: Titagarh Wagons-BHEL consortium emerges as 2nd lowest bidder (L-2) for Vande Bharat trainsets. (Positive)

Mastek: Appoints Vijay Iyer As President Of Americas To Lead Growth In The Region (Positive)

HDFC Life: The company aims to achieve margin neutrality in FY23; sees room for margin expansion in FY24 despite the budget proposal (Positive)

Steel Companies: Indian Steel Mills have increased HRC/CRC prices by Rs 1,000-2,000/tonne for March (Positive)

Zydus Lifesciences: Company has received final approval from the United States Food and Drug Administration (USFDA) for Acyclovir Cream (Positive)

Adani Ports: Operational Update: February 2023 cargo volumes up 10% (YoY) (Neutral)

Happiest Minds: Board approves raising funds of up to Rs 125 cr via NCDs in three tranches (Neutral)

KTK Bank: Abhishek Sankar Bagchi Appointed As CFO Of Karnataka Bank w.e.f. March 2, 2023. (Neutral)

HPCL: Raises Rs 1650 Crores Via Pvt Placement Basis Of Debentures (Neutral)

Indian Bank: To Hike Lending Rates By 5-10 bps Across Tenures w.e.f. 3-March (Neutral)

PVR: Leading multiplex chain operator PVR to spend about Rs 450-500 crore of capex on new screens and the company (Neutral)

Alembic Pharma: Company to take impairment charge of Rs 1,150.43 cr (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.)