Stocks in News at a Glance (6-3-23)

JSPL: Wins Gare Palma Sector-I (East) coal mine in Chhattisgarh under commercial coal mine auction. (Positive)

HAL: Company receives Income Tax Refund Order of Rs 570 cr which includes interest of Rs 164 cr (Positive)

IndiGo: Company in talks with Boeing, Airbus for new ‘record’ aircraft order (Positive)

Manappuram Finance : SBI Mutual Fund bought 48 lakh shares at Rs 106.59/sh (Positive)

Archean Chemicals: ICRA Rating upgraded to [ICRA]BBB+(Stable) and withdrawn (Positive)

Power companies: Power Ministry holds important meeting with stakeholders to revive gas-based power plants (Positive)

Ashoka Buildcon: Company, partner to sell 100% in Unison Enviro to MGL (Positive)

Orchid Pharma: Orchid Bio Pharma signs MoU with an overseas technology provider for 7ACA tech (Positive)

Power Grid: Company wins bid for two projects in Chhattisgarh (Positive)

Urja Global: A MOU executed between Urja Global and Government of UP for the project namely Solar Based charging stations & Electric Car Manufacturing Unit. (Positive)

Dharmaj: Promoters Acquired Another 12000 Shares from the Open Market (Positive)

EaseMyTrip: Company and State Government of Andhra Pradesh signs a MoU for promotion of tourism in the state (Positive)

NALCO: Board Meet On 13 March To Consider on 2nd Interim Dividend (Positive)

Zydus Life: Company received final approval from the USFDA for Vigabatrin for Oral Solution (Positive)

Bajaj Electricals: Wins order worth Rs 564 Cr Order (Positive)

HCL Tech: Promoters bought 6.28 lakh shares via open market (Positive)

JSW Ispat: Morgan Stanley bought 0.33 percent stake via open market (Positive)

Coal India: Coal Production from Captive/Commercial Mines cross 100 mn Tn (Positive)

Adani Power: SC dismissed MSEDCL appeal challenging an order passed by APTEL in favour of the company (Positive)

LIC: The top management of LIC has held a meeting with the Adani Group and the insurer is more confident about the conglomerate’s business prospects, according to reports. (Positive)

Krsnaa Diagnostics: Operationalized diagnostics center at Fazilka, Punjab (Positive)

Neogen Chem: Enters into definitive agreement to acquire 100% stake in BuLi Chemicals India from Livent (Positive)

HDFC: NCLT sanctions merging 2 HDFC units into HDFC Capital Advisors (Neutral)

IEX: Average daily volume traded on the Exchange increased in by 5% MoM (Neutral)

Kansai Nerolac:  Board approves acquisition of 40% stake of Nerofix from Polygel for ₹37 crore (Neutral)

ITC: Company has incorporated a new wholly owned subsidiary in the name of ‘ITC Fibre Innovations Limited’ (Neutral)

Samvardhan: Co. has made further investment in the equity shares of Motherson Technology Services Ltd (Neutral)

Anant Raj: To raise Rs 550 cr via NCDs in two tranches (Neutral)

Gufic Bio: Company has incorporated a Company namely GUFIC IRELAND LIMITED with the intent of making it Wholly Owned Subsidiary of the Company. (Neutral)

Force Motors: Total 2467 Units Vs 2452 Units (MoM) (Neutral)

Exide: NCLT, Kolkata, Approves Merger Of Chloride Power Systems With Parent Exide (Neutral)

PayTM: One97 says Amit Khera resigns as Company Secy, Compliance Officer (Negative)

Nandan Denim: ICRA Limited has revised the outlook to negative of the Company (Negative)

Sumitomo Chemicals: Gujarat Pollution Control Board (GPCB) instructing the Co to restrict and close its operations at the Co’s Bhavnagar Site (Negative)

Kesoram: ICRA Rating downgraded to [ICRA]BB+; outlook revised to Stable from Negative (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.)