Stocks in News Mazagon Dock: Government to offload up to 4.83% stake via OFS at a discount of 8% to CMP: GRINFRA, BALAJIAMINES, NESTLE, ASTRAL, YESBANK
AHMEDABAD, 4 APRIL:
Offer For Sale: Mazdock Limited
| Seller: | Government (Promoter) |
| Floor Price: | Rs 2525/Sh (Approx 7.7 percent discount at Last Closing 2735.4) |
| Total OFS size in Rupees: | 1.95 crore shares or Rs 4918.0 crore (At floor price) |
| Base OFS size in Rupees: | Rs 2881.0 crore (Or 1.14 Cr shares) |
| Green Shoe size in Rupees: | Rs 2037.0 crore (Or 0.81 Cr shares) |
| For Non-Retail Investors: | 04th April 2025 |
| For Retail Investors: | 05th April2025 |
| Retail Reservation: | 10% |
| Mutual Fund and Insurance companies’ Reservation: | 25% |
Jupiter Wagons: Arm secures land in Haldiapada, Khordha, Odisha, for its upcoming railwheel & axle forging plant (Positive)
Samhi Hotels: CARE Ratings Limited has upgraded ratings on the facilities of the Company. (Positive)
Ami Organics: Completes Full Commissioning of 10.8 MW DC Solar Power Plant, Driving Sustainability and Cost Savings. (Positive)
Sai Life: Company sets up Peptide Research Center in India. (Positive)
Lloyds Engineering: Board of Directors of the Company is scheduled on 08th April, inter alia, to consider and approve Rights Issue. (Positive)
Dee Development: Company has bagged a Purchase Order of Rs 55 crore from a New Customer. (Positive)
UCO Bank: Provisional Business Figures for Q4 indicates healthy sequential and YoY growth. (Positive)
VIP Clothing: Company reported a standalone revenue from operations of ₹64.36 Cr for Q4FY25. This is higher than ₹32.38 Cr in the same quarter of FY24 (Positive)
United Breweries: Company announced the launch of Amstel Grande, a premium strong beer, in Uttar Pradesh, effective April 5, 2025. (Positive)
G R Infraprojects: Company announced an arbitration award in favor of company for Rs. 106,44,92,900 plus 12% annual interest from the award date until realization. (Positive)
Balaji Amines: Company commissions 6 MW AC Solar Power Plant (Positive)
S H Kelkar: Company announced receiving an interim relief of ₹95 crore from The New India Assurance Co. Ltd related to the fire incident (Positive)
Surya Roshni: Company Receives Rs 1.16 billion Order from Gail (Positive)
Royal Sense: Company announced the launch of new products on April 3, 2025. (Positive)
Bharat Dynamics: Company closed FY25 at Rs. 3300 cr revenue vs Rs. 2369 cr in FY24 and Highest ever exports of over Rs. 1200 cr vs Rs. 161 cr in FY24. (Positive)
Nestle India: Company announced the ground breaking of its10th factory in Khordha, Odisha, its first in Eastern India. (Positive)
Astral Ltd: Company announced receiving a certificate from the Bureau of Indian Standards for its OPVC pipes used for water supply, conforming to IS 16647:2017. (Positive)
Gallant Ispatt: Board Meeting Intimation for Consideration and Approval of Expansion in the Capacities of Various Manufacturing Units of the Company (Positive)
Paras Defence: Company and Space Technologies has signed an MoU with Israel’s MicroCon Vision Ltd., part of CONTROP and the Rafael Group, to become India’s exclusive supplier of advanced drone cameras. (Positive)
Zaggle Prepaid: Company has entered into an agreement with Thomas Cook (India) Ltd. (Positive)
RBL Bank: Total deposits reached Rs. 110,942 Cr by Mar’25, up 7% YoY. CASA stood at Rs. 37,884 Cr, with a 34.1% ratio. (Positive)
Bharat Agri Fert & Realty: Company announced an increase in the subsidy on Single Super Phosphate (SSP) by Rs. 2,141 per Metric Ton (MT) by the Department of Fertilizers (DOF). (Positive)
Hitachi Energy/BHEL: Consortium secures contract from Rajasthan Part I Power Transmission. (Positive)
SBEC Systems: Company announced the commissioning of a 325 KWp solar power project at Modipuram, Meerut, Uttar Pradesh. (Positive)
Alivus Life: USFDA issued an Establishment Inspection Report with a Voluntary Action Indicated status for the said manufacturing facility. (Positive)
Anzen: Chryseum Advisors LLP bought 26 lakh shares in the trust at an average price of Rs 106.3, from Discovery Global Opportunity Mauritius. (Positive)
YES Bank: Private sector lender reported an 8.2% year-on-year increase in loans and advances, reaching ₹2,46,539 crore as of March 31, 2025. (Positive)
AWL: Volume growth at 7% YoY, Revenue grows by 36% (Positive)
Netweb: Company has received an incentive of ₹ 5,93,97,758 under the Production Linked Incentive (PLI) Scheme 2.0 for IT Hardware (Positive)
Bajaj Finance: Company posts 26% AUM growth in Q4, new loans up by 36% (Neutral)
NTC Industries: Company announced the resignation of Ms. Anushree Chowdhury, Company Secretary & Compliance Officer, and effective April 3, 2025. (Neutral)
Union Bank: Company has released a statement of debt securities for the half year ended March 31, 2025. The total amount outstanding is Rs. 17638.00 crore. (Neutral)
Thermax Ltd: Company announced a share purchase agreement with Infinite Uptime Inc., USA to sell its stake in Covacsis Technologies. The consideration for the sale is approx. Rs. 10 crores. (Neutral)
Amwill Health Care: Company announced the resignation of company Secretary & Compliance Officer, Ms. Sapna Parmar (Neutral)
Equitas Small Finance Bank: Bank announced the appointment of Mr. Balaji Nuthalapadi as Executive Director – Technology and Operations. (Neutral)
Alicon Castalloy Ltd: Company announced the resignation of Ms. Amruta Joshi as Company Secretary & Compliance Officer (Neutral)
Reliance Industries: Company received an order on March 30, 2025, from the Principal Commissioner of Customs, Ahmedabad. The order imposes a redemption fine and penalty totaling Rs. 9.75 crore (Neutral)
Indrayani Biotech: Company announced the approval of a rights issue of partly paid-up equity shares, not exceeding Rs. 49.90 Cr, to existing shareholders. (Neutral)
Synergy Green: Company’s Director Shishir S. Shirgaokar resigned effective Apr 1, 2025, due to old age. (Neutral)
AU Small Finance: Bank: Received CRISIL ratings for the long-term debt instruments (Tier-II Bonds) have been reaffirmed at CRISIL AA. (Neutral)
Avenue Supermarts: Company’s Q4FY25 Standalone Revenue at Rs.14, 462.39 Cr Vs Rs. 12,393.46 Cr (YoY) Total Number of Stores As Of March 31, 2025 Stood at 415. (Neutral)
Jio Financial: Company and Blackrock invest 66.5 cr in joint venture (Neutral)
Zomato: Name and symbol of company to be changed to Eternal effective April 9. (Neutral)
UltraTech Cement: Company to acquire Wonder WallCare for ₹235 crore. (Neutral)
Ola Electric: Company launches Hyper Delivery, promises same-day registration and delivery (Neutral)
RCF: Company announced in-principle approval for an unsecured inter-corporate loan of ₹200 crore to Talcher Fertilizers Limited, a joint venture. (Neutral)
Allied Digital Services Ltd: CRISIL reaffirmed the long-term rating of BBB+/Stable and assigned a short-term rating of A2. (Neutral)
Vodafone Idea: SEBI exempts govt from open offer rule on Vodafone Idea debt-to-equity conversion. (Neutral)
Bandhan Bank: Total Deposits Up 11.8% YoY & 7.2% QoQ At ₹1.51 Lk Cr, Bulk Deposits Up 13.7% YoY & 6.5% QoQ At ₹47,056 Cr. (Neutral)
Mazagon Dock: Government to offload up to 4.83% stake via OFS at a discount of 8% to CMP. (Neutral)
HDFC Bank: Gross Advance Up 5.4% YoY & 4% QoQ At ₹26.44 Lk Cr, Deposits-Average Up 15.8% YoY & 3.1% QoQ At ₹25.28 Lk Cr. (Neutral)
L&T FH: Retail Disbursements Up 1.2% At ₹15,044 Cr Vs ₹14,870 Cr, Retail Loan Book Up 18.8% At ₹95,100 Cr Vs ₹80,036 Cr (YoY) (Neutral)
Vedanta: Aluminum Production Up 1% YoY & Down 2% QoQ At 603 kt, Saleable Metal Down 1% YoY & Up 4% QoQ At 270 kt (Neutral)
Balaji Phosphets: Veloce Opportunities Fund sold 1.42 lakh shares in the company at an average price of Rs 118.4 per share. (Negative)
Bajaj Auto: Bajaj Auto International Holdings BV (BAIH BV) has subscribed to €50 million (₹468.7 crore) worth of convertible bonds issued by Pierer Bajaj AG (PBAG (Neutral)
HSCL: Acquisition of 60% equity shares of Trancemarine and Confreight Logistics Private Limited and related transactions. (Neutral)
HUDCO: Board meeting today to consider Fund Raising. (Neutral)
Biocon: Board meeting today to consider Fund Raising. (Neutral)
Hexaware Tech: Board meeting today to consider Interim Dividend. (Neutral)
Saraswati Saree: Board meeting today to consider Interim Dividend. (Neutral)
Padam Cotton: Board meeting today to consider Financial earnings. (Neutral)
VBL: Ex-Date today, Interim Dividend – Rs 0.5 per Share. (Neutral)
DCM Shriram: Ex-Date today, Interim Dividend – Rs 2.0 per Share. (Neutral)
KBC Global: Ex-Date today, Bonus issue of shares with ratio 1:1. (Neutral)
Fusion: Ex-Date today, Rights issue of shares with swap ratio 55:91 shares, Rs 131 per Rights Equity Share (Neutral)
Siemens: Ex-Date Monday, Demerger of Siemens Energy with ratio 1:1. (Neutral)
Fortis Healthcare: IHL, a wholly-owned subsidiary, received an income tax demand order for ₹76.19 Cr for FY19. (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.)
