Stocks in News: BEL, WIPRO, LEMONTREE, HINDALCO, BHARTIAIR, RAILTAIL, NESTLE, TECHMAHINDRA, ERISLIFE
AHMEDABAD, 23 AUGUST
BEL: Company announced ₹695 crore order win for combat management systems (Positive)
Wipro: Company extends pact with John Lewis partnership to complete cloud transformation project. (Positive)
Jain Irrigation: Company signs MoU with Coffee Board of India for the commercial release of the advanced high quality, disease-resistant coffee plants to growers. (Positive)
Lemon Tree Hotels: Company signs a new property in shivpuri, Madhya Pradesh, this hotel will feature 50 well-appointed rooms, (Positive)
Hindalco: Company “Plan $10 Billion investment in India ops, Novelis expansion”. (Positive)
Akums Drugs: Company has commenced its second production facility today for manufacturing of eye/ear drops (Positive)
Prism Jhonson: Company has entered into a shareholders agreement with sunbath sanitary private for investment of Rs 18.72 cr by subscribing to equity shares (Positive)
Pulsar International: Company Board has approved the issue Bonus shares out of free reserves to the existing equity Shareholders in the ratio 01:10. (Positive)
Power Mech: Company decided to issue bonus shares in the ratio of 1:1. (Positive)
RailTel: Company has received the work order from Uttar Pradesh Police Recruitment and Promotion Board for Service amounting to Rs. 52.6 Cr. (Positive)
Bharti Airtel: Company has GST demand of Rs 604.66 crore rectified to Rs 194 crore after filing an appeal. (Positive)
Tech Mahindra: Company to leverage AI to enhance aspects of engineering, supply chain, pre-sales and after-sales services for Mahindra & Mahindra. (Positive)
Poly Medicure: Company raises ₹1,000 crore by selling shares to at least major funds via QIP. (Neutral)
Eris Lifesciences: ChrysCapital offloads entire stake in company; Infinity Partners acquires shares for ₹1,187 crore (Neutral)
Nestle: Company names Laurent Freixe as CEO to succeed Mark Schneider. (Neutral)
Bharat Forge: Company to invest ₹105 crore in Kalyani Powertrain (Neutral)
Shriram Finance: Company approves sale of entire stake in Shri ram Housing Finance to Warburg affiliate. (Neutral)
Nykaa: Harindarpal Singh & Associates likely to sell up to 1.4% stake in Nykaa, floor price at Rs 198/share (Neutral)
SRG Housing Finance: Net profit at Rs 5.85 cr vs Rs 4.39 cr, Revenue at Rs. 33.98 cr vs Rs 26.85 cr (YoY). (Neutral)
Zomato: Company shuts down intercity ‘Legends’ after failing to find product-market fit (Neutral)
Adani Power: NCLT approves co’s resolution plan to buy Lanco Amarkantak Power. Cost of acquisition is ₹4,101 cr (Neutral)
Ambuja Cement: Promoter Entity Holderind to sell 2.84% stake in co via block deals. (Neutral)
Alkem Laboratories: Samprada and Nanhamati Singh Family Trust offloaded 8.5 lakh shares at Rs 5,732.15 apiece. (Neutral)
SBI Life: Company gets tax and penalty demand worth Rs 239 crore from Haryana tax authority (Neutral)
Canara Bank: Invited bids for its tier-I bond issue on August 27. (Neutral)
Securities in F&O Ban For Trade
| AARTIIND | ABFRL |
| BSOFT | CHAMBLFERT |
| GNFC | GRANULES |
| HINDCOPPER | IEX |
| INDIACEM | LICHSGFIN |
| NATIONALUM | PEL |
| RBLBANK | SUNTV |
(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.)
