Stocks in News: KERNEX, GLENMARK, Mruti, HindCopper, sjvn, maxhealth, railtel, siemens, swiggy
Ahmedabad, 2 April:
Ganesh Benzoplast: Company has been awarded an order from JSW Jaigarh Port Ltd. The order is valued at Rs 169.24 crore (Positive)
Lloyds Metals: Company reported its highest-ever sponge iron production of 308kt, up 18% YoY. (Positive)
Kernex: Company secured a new railway project worth ₹85.14 crores for the provision of Kavach. (Positive)
Surya Roshni: Company announced its highest monthly sales volume of 1,00,239 M.T. in March 2025 for Steel Pipes & Strips. (Positive)
Q4FY25 Earnings Calendar: April-2025
| 10.04.2025 | TCS: (Quarterly Result) |
| 15.04.2025 | ICICI GI: (Quarterly Result and Dividend) |
| 15.04.2025 | ICICI PRU: (Quarterly Result) |
| 16.04.2025 | ANGELONE: (Quarterly Result) |
| 17.04.2025 | HDFCAMC: (Quarterly Result and Dividend) |
| 17.04.2025 | INFY: (Quarterly Result and Dividend) |
| 19.04.2025 | HDFCBANK: (Quarterly Result and Dividend) |
| 19.04.2025 | ICICIBANK: (Quarterly Result and Dividend) |
| 22.04.2025 | HCLTECH: (Quarterly Result and Dividend) |
| 22.04.2025 | M&MFIN: (Quarterly Result) |
| 24.04.2025 | HINDUNILVR: (Quarterly Result and Dividend) |
| 24.04.2025 | LTTS: (Quarterly Result) |
| 24.04.2025 | MPHASIS: (Quarterly Result and Dividend) |
| 24.04.2025 | NESTLEIND: (Quarterly Result) |
| 25.04.2025 | POONAWALLA: (Quarterly Result) |
| 25.04.2025 | IDFCFIRSTB: (Quarterly Result) |
| 25.04.2025 | ATUL LTD: (Quarterly Result) |
| 26.04.2025 | INDIACEM: (Quarterly Result) |
| 28.04.2025 | KPITTECH: (Quarterly Result) |
| 28.04.2025 | NAM-INDIA: (Quarterly Result and Dividend) |
| 28.04.2025 | ULTRACEMCO: (Quarterly Result and Dividend) |
Ritco Logistics: Company secured contracts in transportation, warehousing, and multimodal sectors. Key wins include Rs 10 cr from Tata Steel, Rs 20 cr from IOCL and Rs 4 cr from Emami Ltd (Positive)
Sansera Engineering: MMRFIC, Associate Company of Sansera Engineering Limited Collaborates With IITM for the Development of Secure SOC IP. (Positive)
Glenmark Pharma: USA subsidiary launched Vancomycin Hydrochloride for Injection USP, 750 Mg/Vial, 1.25 G/Vial And 1.5 G/Vial (Single-Dose Vial). (Positive)
Shree Cements: Company has started commercial production at its 3.0 MTPA Clinker Grinding Unit in Uttar Pradesh on April 1, 2025. (Positive)
Swelect Energy: Company announced the addition of a 300 KW Solar PV Power Plant with a 200 kWh Battery Energy Storage System. (Positive)
Maruti: Total passenger vehicle production reached 191,180 units, up from 163,333 units in March 2024 (Positive)
Zaggle: Company has entered into an agreement with Truecaller International LLP. (Positive)
Coal India: Company to increase coal price to Rs 20/ tn by Rs 10/ tn effective April 16. (Positive)
Warren Tea: Board discussed potential merger, amalgamation, or restructuring on April 01, 2025. (Positive)
Blue Dart: Income tax department revised orders with reduce demand of Rs 2.9 cr versus Rs 17.01 crore (Positive)
VIP Clothing: Company announced an upgrade to its long-term debt rating by India Ratings and Research (Positive)
Sterling and Wilson: Company secures three new green energy projects totaling Rs 1,470 crore. (Positive)
Quess Corp: Company announced the record date for the demerger. Shareholders will receive shares of Resulting Company 1 and Resulting Company 2 (Positive)
Hind Copper: March 2025 saw record ore production of 3,00,363 tonnes (133% of monthly target). (Positive)
SJVN: Arm SJVN Green Energy completes trial run of 241.77 MW (Phase-I) capacity of 1,000 MW Bikaner Solar Power Project (Positive)
Max Healthcare: Expands with New ₹500 Cr Facility for Gurugram Super Speciality Hospital (Positive)
JSW Energy: Company has achieved a significant milestone by adding 3.6 GW of generation capacity during FY2025. (Positive)
Raymond: Company enters into a joint development agreement to develop a housing project in Mumbai (Positive)
MOIL: Company increased ferro grade manganese ore price by 3% for April: Agencies (Positive)
Syngene: Company appoints Peter Bains as Managing Director & Chief Executive Officer of the company w.e.f. April 1, 2025 (Positive)
KEC International: Company has received new orders of ₹1236 crore across various businesses. (Positive)
Sandhar Tech: Company acquires the Aluminium die casting business of Sundaram-Clayton for INR 163 Crores. (Positive)
Power Grid: Company emerges as successful bidder to establish inter-state transmission system in Madhya Pradesh. (Positive)
Power stocks: India’s electricity consumption surges by nearly 7% to 148.48 billion units in March. (Positive)
Hindalco: Company has laid out a multi-pronged growth strategy with a sharp focus on sustainability, recycling, and capital investment. (Neutral)
Jana Small Finance Bank: Sudhir Madhavan has resigned as the Head of Microfinance & Gold Loan Business (RFS) at Jana SFB (Neutral)
Biocon: Company to consider fund raising via issuance of commercial papers on April 4, 2025, on private placement basis. (Neutral)
Tata Steel: Company acquires 1.24 lakh shares of Indian Foundation for Quality Management (IFQM) for ₹12.49 crore (Neutral)
Godavari Power: Company temporarily suspends mining activities at company’s Boria Tibu iron ore mines w.e.f. April 1. (Neutral)
Coal India: Company misses FY25 production guidance as March output falls; Offtake flat. (Neutral)
Tata Motors: March total sales at 92,994 Units vs Estimates of 91,000 units (Neutral)
Hyundai: March Total Sales 67320 Units Vs Estimates of 63400 Units. (Neutral)
MSTC: Ex-Date today, Interim Dividend – Rs 4.5 per Share. (Neutral)
Railtel: Ex-Date today, Interim Dividend – Rs 1.0 per Share. (Neutral)
Colab: Board meeting today to consider stock split. (Neutral)
Supercorp: Board meeting today to consider right issue of shares. (Neutral)
Siemens: Siemens Energy India appoints Sunil Mathur as Chairman. (Neutral)
NTPC: Company reports around 4% rise in its power generation to 438.6 billion units in financial year ended March 31. (Neutral)
RBAL: The long-term credit rating for term loans of Rs. 200 crore was reaffirmed at [ICRA]A- (Stable). (Neutral)
Punjab & Sind Bank: Announced the appointment of Sh. Sanjay Prakash Srivastava and Sh. Satbir Singh as General Managers. (Neutral)
Easy Trip Planners Ltd: Promoter Nishant Pitti created a pledge on 80,129,158 equity shares. (Neutral)
NHPC: Company announced that survey and investigation works for the Kuppa Pumped Storage Project (750 MW) in Gujarat were halted. (Neutral)
Sky Gold: Company acquired land (10,500 sq meters) to build a 5,40,000 sq ft facility in Navi-Mumbai. This will boost production capacity by 4.5 tons KG/month, starting by 2027. (Neutral)
Pidilite: Names Sudhanshu Vats as Managing Director of the Co w.e.f. April 10. (Neutral)
Defense stocks: Defence exports surge to a record high of₹ 23,622 crore in Financial Year 2024-25, a growth of 12.04% over 2023-24 (Neutral)
Indian Bank: Company appoints Venkatachalam Anand as Chief Vigilance Officer (CVO) of the bank w.e.f. April 1, 2025. (Neutral)
ICICI Bank: Bank approves sale of 19% ICICI merchant services stake (Neutral)
Niva Bupa: Company received a demand notice on Mar 31, 2025, from the Assistant Commissioner of Income Tax, Mumbai, for Rs 301.2 million (Neutral)
Fortis Malar: Company announced receipt of an Income Tax demand order for Rs 1.50 Cr for Assessment Year 2018-19. (Neutral)
Ortin Global: Company announced the appointment of Mrs. Madhu Mala Solanki as Company Secretary and Compliance Officer, effective April 1, 2025. (Neutral)
Star Health: Care Ratings Limited has reaffirmed the AA+ Stable rating for the company and AA Stable for its subordinate debt. (Neutral)
Polycab India: Company received an assessment order from the Deputy Commissioner of Income-Tax, Mumbai for an income-tax demand of Rs 8.53 Cr due to disallowances and additions. (Neutral)
Mega Flex Plastics Ltd: Company announced the successful completion & operationalization of a 400 KW solar power unit at its Howrah factory. (Neutral)
Panyam Cements: Company announced the resignation of Mr. P. Ganesh Pathrudu as Company Secretary and Compliance Officer (Neutral)
Tara Chand Infra: Company announced the appointment of Ms. Shefali Singhal as Company Secretary & Compliance Officer, effective April 2, 2025 (Neutral)
Kirloskar Brothers: Company announced the appointment of Mr. Bhavesh Chheda as Vice President & Head-Corporate Finance & Accounts, effective Apr 01, 2025 (Neutral)
Shriram Finance: Company received approval from the Reserve Bank of India (RBI) on April 1, 2025, for the acquisition of a 100% equity stake in Shriram Overseas Investments Private Limited. (Neutral)
MSTC: CARE Ratings has reaffirmed the credit ratings for the company’s bank facilities (Neutral)
Jet Freight: Company received a warning letter from the NSE, related to the delayed submission of the resignation letter of a senior management (Neutral)
NMDC: Iron ore production down 27% at 3.55 mt vs 4.86 mt, Iron ore sales up 6.3% at 4.21 mt vs 3.96 mt (YoY). (Negative)
Dabur: Company faces ₹110.33 crore income tax demand, plans appeal (Negative)
Godrej Agrovet: Company received an order from the Income Tax Dept. demanding ₹24 Cr on March 31, 2025 (Negative)
Swiggy: Company has received an income tax order demanding ₹158.25 crore for the assessment year 2021-22 (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.)
