Stocks in News: KAYNESTECH, GESHIP, LUPIN, NTPC, ITI, NLCINDIA, IREDA, CDSL
AHMEDABAD, 30 AUGUST
Kaynes Tech: Company inaugurates electronics manufacturing facility in Hyderabad (Positive)
GE Shipping: Company contracts to sell 2011-built Supramax dry bulk carrier. (Positive)
Lupin: Company launches Doxorubicin Hydrochloride Liposome Injection in single-dose vials in U.S. drug market. (Positive)
NTPC: Company commissioning of first part capacity of 160 mw out of 320 mw Bhainsara solar PV project. (Positive)
Genus Power: Company has incorporated following five wholly-owned step-down subsidiarie. (Positive)
ITI: Company gets order to supply 500 sets of electronic voting machines. (Positive)
NLC India: Company to enter into JVA between co and Rajasthan Rajya Vidyut Utpadan Nigam via unit for setting up of lignite based thermal power station. (Positive)
Marine Electricals: Company got order worth Rs 41.7 million from Schneider electric India. (Positive)
IREDA: Company Secures International Credit Rating from M/s. S&P Global Ratings Limited assigned ‘BBB-‘ long-term and ‘A-3’ short-term issuer credit ratings to IREDA, with Outlook ‘Stable’.. (Positive)
RVNL/Patel Eng: Companies signed MoU to create a supportive framework for synergizing Hydro and Infrastructure Projects in India and abroad (Positive)
CDSL: Company gets SEBI approval for appointment of Nehal Vora as MD & CEO of the company (Positive)
Infosys: Company announces expansion of collaboration with NVIDIA for AI-powered, customer-centric solutions. (Positive)
Amber Ent: Small Cap World Fund Inc bought 1.85 lk shares at Rs 4522.45 (Positive)
Globus Spirits/ BCL/ Gulshan: Govt permitted the sale of up to 2.3 million tonnes of rice from Food Corporation of India (FCI) (Positive)
Sugar stocks: Government removes cap on supply of sugarcane juice/syrup, B molasses, C molasses for production of ethanol. (Positive)
Infosys: Company announced the expansion of its collaboration with Nvidia for AI-powered, customer-centric solutions to drive innovation and operational excellence for telcos (Positive)
Lemon Tree: Company said it has signed a licence agreement for a new property in Ayodhya, Uttar Pradesh. (Positive)
ICICI Lombard: Market share gains in Motor and Health will continue. (Positive)
JSW Steel: Company update on acquisition of up to 66.67% economic interest in m res NSW HCC PTY, transaction for sale of ILLAWARRA metallurgical coal by south32 completed. (Neutral)
Anant Raj: Company board approved the acquisition of 100% equity shares of Sheetij properties pvt ltd (Neutral)
Manappuram Finance: Fitch Ratings affirms Manappuram Finance at ‘BB-‘, outlook stable. (Neutral)
Jai Corp: Company approved buyback of shares worth up to Rs 1.18 billion via tender offer route, buyback price of 400 rupees per share (Neutral)
SJS Enterprises: Company enters agreement with Sunsource energy, Suryaurja one, Agreement for supply of up to 3 MWP of solar power for Rs 10.5 million. (Neutral)
LIC: Company gets GST demand order of Rs 610 cr for FY20 (Neutral)
Samaan Capital: Company’s board approves raising up to Rs 30,000 crore via NCDs. (Neutral)
Techno craft: Company’s buyback to open on September 2, close on September 6 (Neutral)
Shipping Corp: Company gets GST demand and penalty order worth Rs 160 Cr from Mumbai tax authority (Neutral)
GPT Infra projects: Company approved allocation of shares at Rs 174.64 per share via QIP. (Neutral)
Steel exchange India: Company issue of convertible warrants for up to Rs 999 million. (Neutral)
Kernex Microsystems: Company says cyber- security incident occurred on 28 august. (Neutral)
CL Educate: Company approved the acquisition of digital examination worth Rs 230 Cr. (Neutral)
Spicejet: Due to operational reasons, few spicejet flights from Dubai were cancelled, Company says all our scheduled flights from Dubai are now operating as planned – RTRS. (Neutral)
Prestige Estates: Launches QIP to Raise Up To ₹5,000 Cr, Indicative Issue Price ₹1,674/Sh (Neutral)
Max Estates: Launches QIP, Indicative Issue Price ₹628.7/Sh (Neutral)
Adani Power; Company refuses reports of supply of costly power to Bangladesh (Neutral)
Steel Strip: Company cancels joint venture talks with Israeli firm amid Gaza conflict uncertainties.. (Neutral)
Poonawalla: Company approves appointment of Bhaskar Pandey as Chief Risk Officer for 5 years. (Neutral)
Rallis India: Bhaskar Bhat ceases to be Chairman, effective August 30 as per retirement age policy: (Neutral)
Natco Pharma: Company submits product application with U.S. FDA for generic product indicated for treatment of metastatic non-small cell lung cancer. (Neutral)
GE Power: Company appoints Puneet Bhatla as Managing Director, effective September 1. (Neutral)
VodafoNe/Bharti Airtel: SC to hear AGR Curative petition on August 30th at 1.30 pm (Neutral)
Tata Motors DVR: Trading of Tata Motors DVR shares to stop. Co will issue 7 ordinary shares for every 10 DVR shares held by an investor Record date set for September 1 (Neutral)
India Cement: Kotak Mahindra MF sold 15.74 lk shares at Rs 364.21 (Neutral)
Spice Jet: The Directorate General of Civil Aviation said the low-cost airline will be under enhanced surveillance with immediate effect amid the ongoing issues. (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.)
