Stocks in News: CAPLINPOINT, DCXSYSTEM, TMB, TEJASNETWORK, YESBANK, KPIGREEN, ESCORTS, ACE

AHMEDABAD, 19 AUGUST

Caplin Point Labs: Injectibles plant in TN receives 0 observations from Brazil’s ANVISA (Positive)

DCX Systems: Receives Rs 107 cr order from Domestic & Overseas Customers (Positive)

Oil upstream stocks: Windfall Tax on crude cut to ₹2,100 from ₹4,600/tonne w.e.f. August 17 (Positive)

TMB: RBI approves appointment of Salee Sukumaran Nair as MD & CEO of Tamilnad Mercantile Bank for 3 years. (Positive)

Tejas Networks: Arm receives Rs 96cr order for satellite equipment from NewSpace India (CPSE) (Positive)

Yes Bank: Sumit Bali to join Yes Bank as Country Head, Retail Assets & Collection. (Positive)

KPI Green Energy: Morgan Stanley took allocation at 935/- (Positive)

Escorts Kubota: Company investment intent submitted to Uttar Pradesh government to acquire land, Company land intended to set up integrated Greenfield manufacturing facility. (Positive)

Great Eastern Shipping: Company took delivery of a 2013 built medium range product tanker, Company had contracted to buy vessel in Q1FY25. (Positive)

ACE: Company has been awarded with order for supply of 285 numbers for special forklifts and 6 numbers of rough terrain cranes with 30 tonne lifting capacity from ministry of defense. (Positive)

Vivanta Industries: Company got order worth Rs 260 Million for procurement of medicines, machines & technology (Positive)

Techno Electric: Company partners with IndiGrid for developing Greenfield transmission projects (Positive)

TVS Motor: CEO says to expand electric 2W sales in both developing, developed markets (Positive)

Jubilant Pharmova: Company’s unit, Jubilant Biosys to add drug discovery & preclinical development capabilities. (Positive)

Samvardhana Motherson: Company has incorporated unit Motherson international ltd, Abu Dhabi, unit being acquired belongs manufacturing, assembling and related activities (Positive)

TCNS Clothings: NCLT approved merger of TCNS Clothing into ABFRL (Positive)

Urja global: Company announces pre-launch of high-speed electric scooter “Chetna” with homologation certificate and RTO registration (Positive)

Bata: MD & CEO says consumption to revive in coming quarters, e-commerce to drive growth (Positive)

GMR Airports: July Passenger Traffic Up 7.7% YoY At 1.06 Cr (Positive)

Piramal Enterprises: Company’s promoter group acquires 0.27% stake in company. (Positive)

KPI Green: Morgan Stanley, BoFa Securities participate in QIP (Positive)

Five Star Business:Promoters and KMP to participate in Rs 32cr via pref issue (Positive)

Kalpataru: JV received two arbitration awards in its favour against National Highways Authority of India (Positive)

Soan Coms: Received certification for another Product i.e. Hub Wheel Motor for electric two wheelers under the Production-Linked Incentive (“PLI”) Scheme (Positive)

Brigade: Company and Accor Launch ibis Styles Mysuru, their fourth hotel. (Positive)

Mphasis: Appoints Aravind Viswanathan as the CFO of the company with immediate effect (Neutral)

Fedbank Fin: Board Meeting to be held on 22-Aug-2024 to consider Fund raising. (Neutral)

Hindustan Zinc: Promoter Vedanta to exercise oversubscription option in offer for sale (Neutral)

L&T Finance: Transitions to NBFC-ICC following subsidiary merger (Neutral)

SBI/PNB: Karnataka govt puts circular prohibiting all dealings with SBI, PNB on hold for 15 days (Neutral)

BSE: Company to pay differential regulatory fee directed by SEBI of Rs 1.67 Billion vs provision of Rs. 1.7 Billion. (Neutral)

Saurashtra cement: Company stoppage of kiln at Sidheegram plant would continue for another 10 days; stoppage of KILN on account of high clinker inventory. (Neutral)

SBI Life: Company in pact with Paralympic Committee of India as Gold Sponsor for Paris 2024 Paralympic Games (Neutral)

SBI: Bank hikes marginal cost of funds-based lending rate by 10 basis points (Neutral)

Kolte Patil: CFO Khiroda Jena resigns (Neutral)

REC: Company incorporates new subsidiary for Rajasthan Power Transmission Project (Neutral)

HDFC Life: Company gets tax demand worth Rs 112 crore including interest & penalty from Chandigarh Tax Authority. (Neutral)

Allsec Technologies: Gaurav Mehra resigns from the post of CFO and key managerial person of Allsec Technologies (Neutral)

Mahindra & Mahindra: Company unveils five-door Thar at a starting price of Rs 12.99 lakh. (Neutral)

MTNL: Company approves service pact with BSNL for 10 years. (Neutral)

GHCL: Annual maintenance activities of Boiler at Company’s Soda Ash plant is scheduled to take place from September 16, 2024 for a period of two weeks. (Neutral)

BSE: To pay the differential regulatory fee as directed by the SEBI, payment would lead to a total outflow of approx. ₹ 167.33cr (Neutral)

Vodafone: Company in November announce strategic partnership with Accenture to commercialize Vodafone’s Shared Operations. (Neutral)

Polyplex Corp: Board approves re-appointment of Pranay Kothari as whole-time director for 3 years (Neutral)

SpiceJet: Company is currently raising Rs 3,000 crore via qualified institutional placement. (Neutral)

Uno Minda: Company appoints Ramesh KS as CEO for ECS-2 Domain w.e.f. August 17, 2024. (Neutral)

Electronic Marts: Promoters sell Rs 689cr stake (7.8% stake)-Buyers Norway’s Govt Pension Fund Global+ SBI MF (Neutral)

BPCL Chairman: Plans to invest `1.7 lk cr over next 5 yrs to expand core biz, new energy foray (Neutral)

Sportking: Fixes Sept. 13 as record date for share split (1:10) (Neutral)

Steel companies: Steel prices in India have fallen to a three-year low (Neutral)

Maruti: Q2 PAT to be impacted by Rs 850cr due to removal of indexation benefit on debt funds (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.)