Stocks in News: KITEXGARMENT, ASHOKABUILD, ITI, GMRAIRPORT, RVNL. RACL, NTPC, RPOWER
AHMEDABAD, 19 NOVEMBER:
Kitex Garments: Company to consider bonus equity shares on Nov 22 (Positive)
Ashoka Buildcon: Company wins large order worth Rs 2800 Cr (Positive)
ITI: Company gets contract worth rupees 95 cr for mining digital transformation & surveillance system (MDTSS) in Uttarakhand (Positive)
Shipbuilding stocks: Govt will soon set up Rs 30,000 cr maritime development fund to help shipbuilding: Media sources (Positive)
PG Electroplast: Company’s wholly owned subsidiary PG Technoplast enters electric vehicle assembly and lithium-ion battery assembly (Positive)
Shilpa Medicare: Company unit received certificate of suitability (CEP) from EDQM for API, Octreotide (Positive)
GMR Airports: For October 2024, saw significant growth in passenger traffic, handling over 10.7 million passengers, a 9% increase (YoY) and a 5% rise (MoM) (Positive)
Manba Finance: Company signs MoU with Piaggio Vehicles to offer customized financing solutions for 3-wheelers (Positive)
RVNL: Company gets letter of acceptance from South Central Railway for Rs 295 crore contract (Positive)
RACL Geartech: Company received a nomination from BMW AG to supply drive train parts for an electric sports car, starting production in 2026 (Positive)
Ami Organics: Promoters Nareshkumar Patel and Chetankumar Vaghasia acquired 17.73% stake in Ami Organics (Positive)
NTPC: Company incorporates 50-50 JV of NTPC Green with ONGC Green. (Positive)
Gulf Oil Lubricants: Company’s long-term fund-based cash credit rating upgraded to AA+ from AA by ICRA. (Positive)
Jyoti Structures: Board meeting on Nov 22, 2024, to consider equity fund raising via rights issue. (Positive)
Oil upstream stocks: Govt to discontinue windfall gains tax levy in December: sources (Positive)
Britannia: Company secures injunction against Desi Bites for Good Day trademark infringement (Positive)
Bharti Airtel: Company and Singtel planning to hold equal direct stakes in co (Positive)
Astrazeneca: Receives DGCO approval for inhalation drug (Positive)
Reliance Power: Company and reliance infrastructure board reconstituted, four new directors join the board, Ashok Pal, CFO, Reliance Power appointed as executive director of the Company (Neutral)
Dhampur Surgar Mills: India Ratings affirmed Dhampur Sugar Mills’ credit ratings. Long-term issuer rating is IND AA/Stable. (Neutral)
Orbit Exports: Company undertake capital expenditure of Rs 300 million to increase capacity of Valsad plant (Neutral)
Dr Reddys: Company issues clarification regarding retail-level recall of Morphine Sulfate extended-release tablets in U.S. on October 22. (Neutral)
SBI: Bank’s Rs 10,000 crore, 15-year bond issue fully subscribed. (Neutral)
Medplus Health: PI Opportunities Fund exits from Medplus Health, sells 5.8% stake for ₹483 crore (Neutral)
Vedanta/JSPL: Companies are among provisional resolution applicants for GVK Power & Infra (Neutral)
Zee Entertainment: Punit Goneka resigns from the post of Managing Director to focus on operational responsibilities. (Neutral)
M&M: JV with Volkswagen India stalled due to disagreement on key issues (Neutral)
Jagran Prakashan: Company Received show cause notices (SCN) from GST authorities for Apr 2020-Mar 2021. (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.)
