Stocks in News: JSWGROUP, RAILTEL, IDBIBANK, HCLTECH, SBECSYSTEM, ICICIPRU, TATATECH, ABFRL, ROSSARI, NEULANLAB
AHMEDABAD, 22 JANUARY
Tech Mahindra: CEO says 2026 could be a year of ‘explosive’ growth. (Positive)
JSW Group: To invest ₹3 lakh crore in Maharashtra across key sectors (Positive)
Neuland Labs: Company announces ₹342-crore investment to hike capacity in Telangana units. (Positive)
Railtel: Company has received a work order worth ₹46.79 crore. (Positive)
MSTC: Strategic Disinvestment transaction of FSNL (a wholly owned subsidiary of MSTC Ltd) has successfully concluded today with transfer of 100% shares of FSNL by MSTC. (Positive)
IDBI Bank: Selloff picks up pace as suitors get data access as per ET sources. (Positive)
HCL Technologies: Company with a new 320,000 sqft center housing 5,000 employees. (Positive)
Supreme Power: Company secured an Rs 21.30 Cr order from a Chennai-based electric company for distribution transformers. (Positive)
SBEC Systems: Company Started installation of a 545 KWp solar plant for Jayesh Tradex Private Limited in Modi Nagar, Uttar Pradesh. (Positive)
ICICI Pru: Company reported a 43% surge in net profit of ₹326 crore, the net premium income increased to ₹12,261 crore, as against ₹9,929 crore YoY (Positive)
PNB Housing: Net Profit Up 36% At ₹471.4 Cr Vs ₹346.5 Cr, NII Up 15% At ₹764.5 Cr Vs ₹664.5 Cr (YoY) (Positive)
KEI Industries: Net profit at Rs 164.8 cr vs Rs 150.6 cr, Revenue at Rs. 2467.2 cr vs Rs 2059.3 cr.(YoY). (Positive)
Indiabulls Enterprises: Company announced a new real estate project in Ludhiana, Punjab, spanning 24.5 acres and encompassing 43.20 lac sq ft of saleable area. (Positive)
JMJ Fintech: Company announced a rights issue to raise up to Rs. 49 Cr through the issuance of equity shares. (Neutral)
Bajaj Auto: Company received an order of Rs 2.32 Cr from the Assistant Commissioner, Guwahati-I Division, CGST & CX, Guwahati, for discrepancies between E-waybill. (Neutral)
Kirloskar Brothers: Company filed a suit against Kirloskar Proprietary Ltd regarding trademark license termination. (Neutral)
Tata Technologies: Net profit at Rs 168.6 cr vs Rs 170.2 cr, Revenue at Rs. 1317.4 cr vs Rs 1289.5 cr.(YoY). (Neutral)
Kinetic Engineering: Company announced a significant Rs. 177 crore investment, primarily from promoters, to fuel growth and reach a Rs. 1,000 crore revenue target by 2029.. (Neutral)
Centum Electronics: Company will invest up to 2 Million Euro in its subsidiary, Centum T&S group SA, through its wholly-owned subsidiary, Centum Electronics UK. (Neutral)
Winro Commercial: Company announced an investment in Urudavan Investment and Trading Private Limited. (Neutral)
Cyient DLM: Net profit at Rs 4 cr vs Rs 6 cr, Revenue at Rs. 444 cr vs Rs 321 cr (YoY). (Neutral)
Indian Hotels: Net profit at Rs 582 cr vs poll of Rs 603 cr , Revenue at Rs 2533 cr vs poll of Rs 2429 cr. . (Neutral)
Jana Small Finance Bank: Net profit at Rs 110.6 cr vs Rs 134.6 cr, NII at Rs. 593 cr vs Rs 548.5 cr.(YoY). (Neutral)
Advance Petrochemicals: Company announced the resignation of its Company Secretary and Compliance Officer, Mr. Mohit Asawa, effective January 21, 2025. (Neutral)
Hester Biosciences: Company received a GST demand order for ₹3.25 million (ITC & penalty) for FY 2017-18 to FY 2020-21. (Neutral)
Kilitch Drugs (India): Company invests $200,000 in kilitch estro biotech (Neutral)
ABFRL: Company has successfully completed a ₹1,860 crore fundraising through a Qualified Institutional Placemen (Neutral)
India Mart: Net profit at Rs 121 cr vs Rs 81.9 cr, Revenue at Rs. 354 cr vs Rs 305 cr (YoY) (Neutral)
Tanla Platforms: Net profit Down 15.4% At ₹118.5 Cr Vs ₹140.1 Cr, Revenue Down 0.2% At ₹1,000.4 Cr Vs ₹1,002.6 Cr (YoY) (Negative)
Dalmia Bharat: Net profit at Rs 66 cr vs Rs 266 cr, Revenue at Rs. 3181 cr vs Rs 3604 cr (YoY) (Negative)
India Cements: Net profit at Rs -428.8 cr vs Rs -16.5 cr, Revenue at Rs. 903.2 cr vs Rs 1082 cr (YoY). (Negative)
Rossari: Net Profit Down 7.6% At ₹31.7 Vs ₹34.3 Cr, Revenue Up 10.6% At ₹512.7 Cr Vs ₹463.7 Cr (YoY) (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.)
