Stocks in News, CORPORATE NEWS: BOB, RAYMOND, HCLTECH, ADANIPOWER, PAYTM, YESBANK

AHMEDABAD, 27 AUGUST:

F&O પ્રતિબંધમાં સ્ટોક:	આરતી ઇન્ડ, ABFRL, બલરામપુર ચીની, BSOFT, ચંબલ ફર્ટિ., IEX, ઇન્ડિયા સિમેન્ટ, RBL બેંક
F&O પ્રતિબંધમાંથી દૂર સ્ટોક્સ:	GNFC, ગ્રાન્યુલ્સ, હિન્દ કોપર, નાલ્કો, સન ટીવી

Ceigall: Net Profit at Rs 79.4 crore versus Rs 44.2 crore, Revenue at Rs 820 crore versus Rs 650 crore YoY (Positive)

KPI Green Energy: Company arm wins orders for 13.30 MW solar projects. (Positive)

Sameera Ind: Company approved Issue of Bonus Shares in Ratio Of 4:1. (Positive)

Jai Corp: Company gets intimation of merger of promoter Pet Fibers with Mega Pipes (Positive)

EFC Limited: Company secures Design and Build Contract with Tata Consultancy Services. (Positive)

UCAL: Company signs MOU with Blaer motors Pvt ltd for collaborative product design and development on motor controller (Positive)

Exhicon: Company has acquired a 76% majority stake in Perfect Octave Limited for a total consideration of INR 8.52 crores (Positive)

QMS Medical: Company board meeting on AUG 29 to consider the proposal for fund raising. (Positive)

Ultratech cement: Company announced that it has successfully raised US$500 million through a sustainability-linked loan with participation from six banks. (Positive)

Solar stocks: By June 2024, India’s total installed solar capacity reached 87.2 GW. (Positive)

Oil upstream stocks: Crude jumped overnight as Libya Eastern government says it will stop all oil production and exports. (Positive)

GRM Overseas: Company launched strategic platform 10X Ventures. (Positive)

Raymond: Company targets CAGR of 12-15%/16-17% in revenue/EBITDA, over FY24-28 (Positive)

Medi Assist: Company to acquire 100% stake in Paramount TPA of equity value of Rs 400cr (Positive)

Rama Steel: EBISU Global Opportunities Fund bought 3 cr shares at Rs 10 (Positive)

Interarch Building: BOFA Securities Europe SA bought 1.3 lk shares at `1,287.75 (Positive)

AU Small Bank: Morgan Stanley, SocGen pick stake while Fincare Business sells 1.7 pc stake for Rs 803 cr (Positive)

HCL Tech: Company and Xerox extend agreement to drive innovation with AI and digital engineering. (Positive)

Bondada: Company said it has been awarded a contract valued at ₹576 crore to execute solar power projects across various districts in Maharashtra. (Positive)

Vascon Engineers: Company plans to boost its real-estate business over the next two years. (Positive)

Adani Power: Company incorporates wholly-owned subsidiary Adani Power Middle East in Abu Dhabi. (Neutral)

Repro India: Ashish Kacholia sold 75,000 shares at Rs 62. (Neutral)

Fusion Micro: CRISIL has revised outlook of the company from Stable to Negative Rating Reaffirmed at Crisil A+ (Neutral)

Paytm: Company issued clarification that news is not a new development, previously disclosed, Paytm reaffirms compliance & transparency. (Neutral)

PI Industries: Company names Sanjay Agarwal as group CFO, effective from 26th, AUG, 2024 (Neutral)

Vijaya Diagnostic: Sheshadri Vasan resigns as COO of company, effective November 6. (Neutral)

Saurashtra Cement: Company kiln situated at the Ranavav plant Gujarat was under shut down for the annual maintenance from AUG 2 for about 25 days (Neutral)

GPT Infra: Company launches QIP, sets floor price at ₹183.83/sh (Neutral)

Insurance companies: IRDAI calls for affordable insurance premiums amid surging prices (Neutral)

Bank of Baroda: Bank issued the 10-year bonds at competitive rate as participants expected cutoff rate of around 7.32–7.34%. (Neutral)

Vishnu Chemicals: Visakhapatnam plant to be shut for scheduled maintenance for two weeks. (Neutral)

HDFC Bank: Partners with Zeta for credit line on UPI offerings (Neutral)

Glnad Pharma: Qiyu Chen shall cease to continue as a director of the company. (Neutral)

Yes Bank: Sumit Bali appointed as conuntry head-retail assets (Neutral)

Zydus Life: Clarifies THAT impact factored in sales/ebitda expectations for FY25 (Neutral)

Lemon Tree: Company said it has signed an agreement for a new property in Ayodhya. (Neutral)

PEL: Arm Piramal Capital and Housing Finance received Rs 466cr order from IT department. Company had received an income tax assessment order for the FY 2021-22 (AY 2022-23), allowing loss of Rs.10,627 crores (Neutral)

Paras Defence, Skipper, Spandana Sphoorthy: Board meeting to mull fundraising (Neutral)

HUL: Receives tax demand of Rs 963cr from IT Department (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.)