Stocks in News at a Glance
Pennar Industries: Company bags orders worth 851 cr across its various business verticals (Positive)
Stocks added to FTSE All World include IDBI Bank, Kotak Mahindra Bank & Patanjali (Positive)
Stocks migrated from Small to Midcap: APL Apollo Tubes, Indian Bank, Solar Ind, Supreme Ind & Vedant Fashion (Positive)
UBL: The Supreme Court stays Competition Commission of India penalty of Rs 862 cr on United Breweries, SABMiller, Carlsberg (Positive)
KEC International: Company bags new orders worth Rs 3,023 cr (Positive)
RITES: Company bags new order worth Rs 76.08 cr (Positive)
Dilip Buildcon: Company bags order worth ₹1,947 cr (Positive)
Max Ventures: Realty arm in joint development pact at Gurugram (Positive)
GAIL: Company plans to buy up to 26% equity stake in LNG projects in United States (Positive)
Zydus Lifesciences: Company has received approval from the US health regulator to market Sirolimus tablets in America (Positive)
AstraZeneca: Company gets CDSCO nod for drug to treat biliary tract cancer (Positive)
Indigo: Partnership with Turkish Airlines, 500 planes already on order from Airbus (Positive)
Samvardhana Motherson: Company’s arm acquires 100% stake in SAS Autosystemtechnik for €540 m (Positive)
Pricol: Automotive components manufacturer Minda Corporation has acquired 15.7 percent stake or 1.91 crore equity shares (Positive)
Sun Pharma: Company to acquire up to 26.09% stake in Agatsa Software for Rs 30 cr in 2 tranches & up to 27.39% stake in Remidio Innovative Solutions for Rs 149.9 cr (Positive)
Power Grid: The company declared as the successful bidder under tariff-based competitive bidding to establish inter-state transmission system for various projects (Positive)
Prince Pipes: Norges Bank on account of the Government Pension Fund Global has bought 9.02 lakh shares (Positive)
Infosys: Company appoints Shaji Mathew as head of human resources (Neutral)
South Indian Bank: Hikes lending rates by 15-20 bps across tenures w.e.f Feb 20, 2023 (Neutral)
Crisil: Net profit down 6.3% at Rs 158 cr Vs Rs 168.6 cr, Revenue up 16.5% at Rs 822.3 cr Vs Rs 706 cr (YoY) (Neutral)
HUL: Company signs agreement for the sale of its brands, Annapurna & Captain Cook, to Uma Global Foods & Uma Consumer Products for Rs 60.4 cr (Neutral)
PNB: Bank to raise Rs 800 cr in AT1 bond, instrument has ‘AA+’ from India Ratings (Neutral)
United Breweries: MD & CEO Rishi Pardal resigns (Negative)
Cipla: US FDA issues 8 observations in Form 483 for Cipla’s Pithampur Manufacturing Facility (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.)
