Stocks in News: Jio Financial Services, Titan, Gujarat Gas, Cholamandalam, Carborundum, Coromandel, CG Power

Listing of Jio Financial

Ahmedabad, 21 August

Jio Financial Services: Company will be added to MSCI Global Standard Index on August 23 (Positive)

KEC International: Company wins new orders worth Rs 1,007 crore across various businesses. (Positive)

Titan: Company acquires 27% stake in Carat Lane for Rs 4,621 crore (Positive)

GMR Airports: July Passenger traffic up 30% (YoY) (Positive)

Gujarat Gas: Company hikes industrial gas price to Rs 40.83 per scm, sources to CNBC (Positive)

PNB Housing Finance: Company resolves and fully recovers corporate Non-performing account of Rs 784 cr (Positive)

Cholamandalam/Carborundum/Coromandel/CG Power: Murugappa family settles legal disputes with Valli Arunachalam (Positive)

Concord Biotech: Norges Bank on Account of the Government Pension Fund Global has bought 8.99 lakh equity shares (Positive)

Global Surfaces: Europe-based financial services group Societe Generale has purchased 2.5 lakh shares (Positive)

Repro India: Morgan Stanley Asia (Singapore) Pte has bought 1.65 lakh shares . (Positive)

ONGC: ONGC Videsh has secured a three-year extension from Vietnam to explore ‘Block 128’ in the South China Sea. (Positive)

Spandana Sphoorty ICRA has upgraded the ratings and revised the outlook for various instruments. (Positive)

Ashok Leyland: To issue Rs 870 crore corporate guarantee to cover lender facilities of two subsidiaries Optare Plc & Switch Mobility UK (Neutral)

Tanla Platforms: Won’t renew Voda Idea agreement beyond expiry of initial term in November 2023 (Neutral)

Lupin: Acquires Ondero & Ondero – Met brands from Boehringer Ingelheim for ₹235 crore (Neutral)

Adani Energy Solutions: To meet investors on Aug 23, Aug 30: Agencies. (Neutral)

SJS Enterprises: Ace investor Ashish Kacholia has sold 1.8 lakh shares or 0.58 percent stake . (Neutral)

NMDC: The Government of India has extended the tenure of appointment of Amitava Mukherjee as Director (Finance) on the NMDC board. (Neutral)

CreditAccess Grameen: Company said its executive borrowing & investment committee has approved the fund raising up to Rs 1,000 crore (Neutral)

GMM Pfaudler: Pfaudler sold 61 lakh shares (13.5%) at Rs 1,352.1 apiece. (Neutral)

Mahindra & Mahindra: The SUV manufacturer has announced proactive inspection of select XUV products. (Neutral)

Sterling and Wilson: Khurshed Yazdi Daruvala sold 10 lakh shares (0.5%) at Rs 345.04 apiece. (Neutral)

Kotak Mahindra Bank’: Chairman Prakash Apte said the attrition challenge for the bank is concentrated at the junior management level. (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.)