Stocks in News: LAURAS LABS, ZYDUSLIFE, DIXON, ZOMATO, ZAGGLE, SANOFICONSUM, INDIGO, SIPCEJET, CDSL, BSE

AHMEDABAD, 16 September

Laurus Labs: Concludes USFDA audit for API manufacturing facility at Hyderabad with no observations (Positive)

Zydus Lifesciences: Company secures licensing and supply agreement for MRI contrast agents in the US (Positive)

Dixon Technologies: Company’s Padget Electronics signs MOU with Asus for manufacturing of notebooks (Positive)

Zomato: Company now delivers food to train coaches at over 100 railway stations (Positive)

RPG Life Sciences: Execution of binding agreement with Krsna dynasty; agreement worth Rs 1.45 billion, agreement for assignment of surplus vacant leasehold land (Positive)

Zaggle: Company enters into agreement with founderlink, founderlink tech shall offer financial facility to Zaggle corporate customers, their vendors and channel partners. (Positive)

Responsive Industries: Company poised for growth as government announces major infrastructure initiative (Positive)

Artemis Medicare: Company has informed about the capacity addition in the company’s flagship hospital located at Gurugram (Positive)

Sanofi Consumer: Q1 profit at Rs 29.0 cr vs 25.8 cr, Revenue at Rs 160 cr vs 100 cr YoY. (Positive)

IndiGo: August market share at 62.4% vs 62% (MoM). (Positive)

SpiceJet: Company approves fundraising plan amid turnaround efforts (Positive)

CDSL: Company appoints Nehal Vora as managing director and CEO. (Positive)

Kopran: BoFA bought 2.52 lakh shares of company (Positive)

Akums: Company receives a patent for a formulation for sickle cell disease treatment. (Positive)

Sugar Stocks: Government allows sugar mills & distilleries to make rectified spirit and extra neutral alcohol from sugarcane juice & B-heavy molasses (Positive)

KRBL/LT Foods: India lifts limit on basmati rice export price. (Positive)

Titan: Company plans to launch 10 international watch brands through Helios. (Positive)

Patanjali Foods: GQG Partners increases its stake in company to 3.41%. (Positive)

IHCL: Hoping 25-35% of topline to come from Non-Taj businesses: MD (Positive)

EIH: Company approves investment to develop a mixed use project worth Rs 972 crore in Pune. (Positive)

BSE: Company’s cash market turnover soared to ₹16 lakh crore in the Jan-Aug 2024 period, compared to ₹12.4 lakh crore (Positive)

JSW Energy: Company completes commissioning 300 MW wind power capacity at Tuticorin, Tamil Nadu (Positive)

Adani Green and Adani Power: Maharashtra State DISCOM issues Letter of Intent for supply of 6600 MW hybrid solar and thermal power (Positive)

PTC India: OGL has signed Share Purchase Agreement with PTC India Limited for acquisition of 100 % equity stake in PTC energy Limited (Positive)

M&M Financial: Board approves expansion into mortgage business. (Positive)

Thermax: Company’s arm gets order worth Rs 516 crore for 2 CFBC boilers. (Positive)

Goodluck: Company inaugurates precision pipes manufacturing plant in Uttar Pradesh (Positive)

Lumax Auto: Company to foray into the green and alternate fuels segment through strategic agreement to acquire majority stake in Greenfuel Energy Solutions (Positive)

Samvardhana: Company to invest $15 million for 11% stake in REE Automotive (Positive)

BLS International: Company is expecting 400-500 basis points growth in margin by year-end (Positive)

Ashok Ley: ICRA has upgraded ratings for long term fund based term loans and Non-convertible debentures (Positive)

Hero Motocorp: Company concludes ‘The Centennial’ auction, raises Rs 8.6 crore for charitable initiatives (Neutral)

Exide Industries: Company has invested Rs 1 billion in equity share capital of Exide energy solutions. (Neutral)

HEG: Company says enhancement of existing investment limit from Rs 2 billion to Rs 2.5 billion (Neutral)

Aurobindo Pharma: LIC reduces stake in company to 2.26% from 5.01% (Neutral)

Grindwell Norton: Company executed power purchase agreement and share subscription agreement with radiance MH sunrise thirteen Pvt Ltd, towards sourcing of green energy through solar power (Neutral)

Emcure: Company to set up wholly-owned subsidiary Emcutix Biopharmaceuticals for manufacturing and distribution (Neutral)

HUL: Company files plea in Bombay High Court challenging assessment order worth Rs 963 crore received in August 2024. (Neutral)

NLC India: Company will invest around Rs 50,000 crore to ramp up its renewable energy capacity from 1.43 Giga Watt to 10.11 GW. (Neutral)

Max Healthcare: Company to acquire 64% stake in Jaypee Healthcare. (Neutral)

Arvind Fashions: Multiples private equity sold entire 9% via open market on September 11 (Neutral)

Tech Mahindra: Company plans to merge wholly-owned unit Zen3 Infosolutions with parent Tech Mahindra America (Neutral)

Godrej Agrovet: Temasek sells 1.4% Godrej Agrovet stake. (Neutral)

Senco: Shri Hamuman shri trust Sells 7.5L shares At Rs 1228 (Promoter entity) (Neutral)

MediAssist: MediMatter Health Management sell 33.3L at Rs 635/sh (promoter entity) (Neutral)

Gloster: Shri Dharam Chand Baheti has resigned as the Managing Director of the Company (Neutral)

GMR Airtports: Handled more than 10.6 mn passengers across all airports – up 8.7% YoY (Neutral)

GIC Housing: Shri Bhavik Dedhia (Chief Information Security Officer) has tendered his resignation from the services of the Company. (Neutral)

Reliance Ind: Reliance Brands has launched India’s first Armani/Caffè at Jio World Plaza in Mumbai’s Bandra Kurla Complex. (Neutral)

Avenue Supermarts: Company opens new store at Madhya Pradesh. (Neutral)

Adani Green: Mr. Phuntsok Wangyal, Chief Financial Officer to relinquish his position as Chief Financial Officer of the Company in view of his resignation.. (Neutral)

RPG Life: To pay ₹32.2 crore transfer charges for ULC exemption under the amnesty scheme. (Neutral)

Aavas Financiers: Board meet on September 18 to consider fundraising. (Neutral)

Aarti Drugs: Bidding process of buyback to remain open today (Neutral)

Systematix: Company to allot up to 6.7 lakh shares to non-promoters on a preferential basis at Rs 1,531/share (Neutral)

FMCG Stocks: Import duty on crude palm, soya bean and sunflower. (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.)