Stocks in News: LTI Mindtree, Bharti Airtel, Nifty Next 50 inclusion, Piramal Pharma, Nifty Next 50 exclusion

Listing of Concord on 18th August

Ahmedabad, 18 August

LTI Mindtree: Aflac Incorporated has selected company as a digital transformation partner for application modernisation (Positive)

TRF: Tata Steel will hold a meeting of its equity shareholders on September 18 to consider TRF merger with Tata Steel. (Positive)

Bata India: Continue to explore opportunities for strategic alliance/tie-up for the Indian market (Positive)

South Indian Bank: RBI approves appointment of PR Seshadri as MD & CEO of South Indian Bank w.e.f. October 1 (Positive)

Network18: Expands its connected TV reach; brings four news channels to Samsung TV Plus India (Positive)

Bharti Airtel: Airtel Payments Bank revenue hits Rs 400 crore for the first time (Positive)

Jain Irrigation: Company has received board approval for short and medium-term fundraising for meeting various obligations (Positive)

Piramal Pharma: The rights issue of the pharmaceuticals giant to raise Rs 1,050 crore was oversubscribed by 1.27 times (Positive)

DB Realty: Authum Investment and Infrastructure Ltd on Thursday picked up a 1.9 percent stake in a real estate developer. (Positive)

SJVN: Company has inked two pacts with Punjab State Power Corporation Ltd to supply 1,200 MW of solar power (Positive)

Sula Vineyards: During the extended weekend of August 12-14, the winemaker posted it’s highest ever revenue. (Positive)

Yatharth Hospital: Company reported 73% growth in its net profit at Rs 19 crore for Q1FY24 (Positive)

Adani Energy: Company has entered into agreement with Megha Engineering & Infrastructures for acquisition of KPS 1 Transmission Ltd. (Positive)

JSW Steel: Company is looking to form a consortium to bid for a majority stake in Teck Resources’s steelmaking coal business, Bloomberg reported (Positive)

IPO opens today

Axis Bank: Launches two products under RBI Innovation Hub for easy credit (Neutral)

NTPC: Company has executed the business transfer agreement with its subsidiary NTPC Mining for hiving-off coal mining business (Neutral)

TBZ: Subhasis Sinha has resigned as Head-HR, senior management personnel of the jewellery company (Neutral)

YES Bank: Bank introduced its state-of-the-art mobile banking app ‘iris’ by YES Bank. (Neutral)

Reliance Industries: The recently demerged unit, Jio Financial Services, is set to be removed from the FTSE indexes. (Neutral)

Zee Ent: Bankruptcy appellate tribunal agrees to hear IDBI Bank plea seeking insolvency proceedings against Zee (Neutral)

(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.)