Stocks in News: DATAMATICS, ZYDUSLIFE, SUGARSTOCKS, DHANLAXMIBANK, INFY, GHCL, EPL, ARVIND, HCC, HYUNDAI

AHMEDABAD, 20 DECEMBER:

GE Vernova: Company gets order worth Rs 400 Cr from Sterlite Grid 32. (Positive)

Bharti Airtel: Company prepays Rs 3,626 crores to clear 2016 spectrum liabilities (Positive)

Datamatics: Company inaugurates new delivery centre in Cebu, Philippines. (Positive)

JSW Infrastructure: Company’s subsidiary, PNP Maritime Services, received a credit rating upgrade from CARE A- to CARE AA-; Stable outlook. (Positive)

Zydus Life: Company gets approval from USFDA for Lidocaine and Prilocaine cream: Agencies (Positive)

Sugar Stocks: Ethanol production increased to 850 cr ltr for FY 2024-25, helps to achieve govt 18% blending target. (Positive)

KPI Green Energy: Company signs MoU with Rajasthan Government for development of hybrid, solar & wind power projects at Jaisalmer. Company announces January 3 as record date. (Positive)

Exide Ind: Hyundai Motor partners with Exide for locally produced EV battery cells (Positive)

Amara Raja: Hyundai Motor India to equip its domestic product line-up with AMARON’s absorbent glass mat (AGM) battery technology. (Positive)

JK Cement: Company emerges successful bidder for Mahan Coal Mine in Madhya Pradesh. (Positive)

Dhanlaxmi Bank: Board approves rights issue worth up to ₹297.54 cr, sets rights issue price at ₹21/sh. (Positive)

Aviation stocks: GST Council likely to discuss possibility of bringing ATF under GST regime: CNBC. (Positive)

Waaree Energies: Commencement of Trial Production of 1.6 GW Solar Module. (Positive)

Deep Industries: Company received an order worth 62 Crores from Selan Exploration Technology Limited. (Positive)

Infosys: Achieves Binding Corporate Rules Certification from EU Data Protection Authorities (Positive)

GHL: Company will acquire 23% stake in HKR Roadways Limited from Kotak Special Situations Fund (Neutral)

EPL: Company announced the Board’s approval to incorporate a subsidiary in Thailand (Neutral)

Indo Amines Ltd: Company completed the amalgamation with Pious Engineering Private Limited. (Neutral)

Hyundai Motor: Company re-appoints Unsoo Kim as managing director of the company for three consecutive year w.e.f. January 25, 2025. (Neutral)

Info Edge: Company through its subsidiary Redstart, will invest approx.  Rs 3 Cr in Sploot Private Limited.  (Neutral)

Styrenix Performance: Company’s credit rating reaffirmed by CARE Ratings as Care A+ (Neutral)

GPIL: Company announced the acquisition of Jammu Pigments Limited, a metals recycling company.. (Neutral)

Kellton Tech Solution: Company board approved fundraising of up to Rs 100 Cr (Neutral)

Thomas Cook: Company announces the reimagined Sterling Palavelli Godavari by Sterling Holiday Resorts. (Neutral)

Arvind Limited: Company invested ₹24.99 Cr in its wholly-owned subsidiary, Arvind Advanced Materials Limited. (Neutral)

HCC: Board approves opening of QIP, sets floor price at ₹45.27/sh. (Neutral)

Exide Ind: Hyundai Motor partners with Exide for locally produced EV battery cells (Neutral)

IndiGo: Board approves $43 million loan for aircraft acquisition by subsidiary. (Neutral)

AU Small Finance Bank: Company gets RBI nod to reappoint Harun Rasid Khan as ‘part-time’ Chairman (Neutral)

Muthoot Microfin: Thomas Muthoot, MD of company hands over reins of Muthoot Pappachan Group to son Thomas Muthoot John. (Neutral)

Axis Bank: Company is introducing changes to its credit card fees, effective December 20, 2024 (Neutral)

Hyundai Motor: Company’s board has approved and recommended the reappointment of Unsoo Kim as Managing Director. (Neutral)

Kalpataru: Company will consider prepayment of NCDs issued by the company on a private placement basis on December 24. (Neutral)

(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.)