Stocks in News at a Glance
Ahmedabad, 17 April
NTPC Green Energy IPO: NTPC subsidiary plans to go public this fiscal (Positive)
Ugar Sugar: Operations of 250 KLPD Grain-Based Distillery at Ugar Plant have been started by the company (Positive)
Triveni Turbine: ICRA upgraded for the credit rating of Fund Based working capital limits (Positive)
Seamec: Seamec paladin has been on hired with effect from 13th April, 2023 for ONGC contract for a long term period of 5 years (Positive)
KIOCL: NMET, Ministry of Mines, Govt. of India has approved the Mineral Exploration Projects to be executed by the Company (Positive)
TVS Shrichakra: Launched adventure touring tyres and superbike tyres (Positive)
Prime Focus: DNEG Enters into MOU to Acquire Prime focus technologies’ Business (Positive)
Elin: Board Approves Launch Of New Fans, Motor and Juicer Grinders in FY’24 (Positive)
Zydus Life: Company gets final US FDA nod for isoproterenol hydrochloride injection (Positive)
PCBL: Company announces the commencement of commercial production of 63,000 MT Greenfield carbon black manufacturing facility in Tamil Nadu. (Positive)
BPCL: Company received approval from Madhya Pradesh Govt for refinery expansion (Positive)
Jindal Stainless: ELM Park Fund acquires additional 3.45 Crore Shares or 4.19% stake from Open Market (Positive)
Tata Motors: Company to increase prices of Passenger Vehicles from May 1 by 0.6% (Positive)
Muthoot Finance: Company completes pre-payment of External Commercial Borrowings of $225 million (Positive)
Adani Green: Company’s operational capacity up by 49% at 8,086 MW (Positive)
Consumer Durables: Temperature is 3-5°C above normal over parts of North India, West Bengal, Odisha, Andhra Pardesh, Kerala (Positive)
TVS Motor: Company completed their acquisition of the 25% stake in Killwatt GmbH (Neutral)
Gujarat Gas: Company has informed the Exchange regarding the appointment of Milind Torawane as MD (Neutral)
City Union Bank: Launches voice biometric for mobile banking (Neutral)
Torrent Power: Lalit Malik steps down as CFO, board picks Saurabh Mashruwala as replacement (Neutral)
Tata Metaliks: Reschedules board meeting date from April 14, 2023. (Neutral)
Tinplate: Reschedules board meeting date from April 14, 2023. (Neutral)
Network 18: Viacom18 completes partnership deal with Reliance, Bodhi Tree Systems & Paramount Global. (Neutral)
Vatech: Sells Step Down Subsidiary Wabag Switzerland for CHF 4.85 Million (Neutral)
State Bank of India: Bank keeps lending rates unchanged across tenures (Neutral)
HDFC Bank Q4: Net Profit seen at Rs 12047.5 cr versus expectations of Rs 12152 cr, NII seen at Rs 23351 cr versus expectations of Rs 23629 crore (Neutral)
Vedanta: Company in talks with Barclays to raise Rs 1,500cr loan. (Neutral)
Max Health: SBI Mutual Fund Sold 1.75 Crore Shares or 1.81% stake via Open Market Sale (Neutral)
Zee Ent: Oppenheimer to sell 5.65% stake in Zee Ent via Block Deals: Sources (Negative)
Infosys: Net profit at Rs 6,128 cr Vs poll of Rs 6,553 cr, Constant currency revenue declines 3.2% vs CNBC-TV18 poll of 0.4-0.45% growth (Negative)
GTPL Hathway: Cons net loss at Rs 11.7 cr vs profit of 54.4 cr, Cons revenue up 12.2% at Rs 692.4 cr vs Rs 617.2 cr (YoY) (Negative)
HCL tech: Anand Birje, Head of Digital Business Services has decided to leave company to pursue another opportunity (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.)
