Stocks in News: RVNL, CONCOR, INFY, AMIORGANIC, UNICHEM, POWERGRID, TATASTEEL, LARSEN, IREDA

AHMEDABAD, 19 FEBRUARY:

RVNL: Company gets LoA worth ₹554 cr from Rail Infrastructure Development Company, Karnataka (Positive)

Transformers & Rectifiers: Company bags order worth ₹166.5 cr from Hyosung T&D India (Positive)

Concor: Company awards ₹689.76 crore order to Braithwaite & Co for 30 BLSS Rakes. (Positive)

Triveni Engineering: Company Bags International Accolades for its Premium and Super Premium Whisky Brands. (Positive)

Infosys: Lufthansa Group, and Lufthansa Systems Collaborate to Accelerate Digital Innovation in the Aviation Industry. (Positive)

Ami Organics: Board of Company will meet on February 21, 2025, to consider a stock split.  . (Positive)

Unichem Laboratories: ICRA upgraded the credit rating of Unichem Laboratories Ltd.’s Rs. 180 crore bank facilities to ICRA A+ from ICRA A. (Positive)

Shashijit Infraprojects: Company has received a Letter of Intent for a civil construction project. Project Value Rs 23.59 Cr (Positive)

RPP Infra Projects: Company has been awarded a new project with value of Rs 62.8 crore. (Positive)

Power Grid: Company acquires Bidar Transco Limited and Khavda V-B1B2 Power Transmission Limited. (Positive)

Mahindra Life: Company has partnered with Livingstone Infra Private Limited for a cluster redevelopment project in Mahalaxmi, with a Gross Development Value (GDV) of Rs.1,650 Crore. (Positive)

Tiger Logistics: Launches LCL Consolidation Brand ‘CUBOX’ for Smaller Shipment and B2B Business. (Positive)

Vedanta: Company has received 83% creditor approval for its proposed demerger, clearing a crucial hurdle for its restructuring plan. (Positive)

Anant Raj: Company has received RERA registration for Birla Navya, Phase-IV, Avik Phase-2 at Anant Raj Estate, Sector 63-A, Gurugram, Haryana. (Positive)

Tata Steel: Neath Port Talbot Council approves plans for electric arc furnace in Port Talbot. (Positive)

Indian Overseas Bank: Appoints Madhaw Chandra Jha as CFO of the bank w.e.f. March 1, 2025. (Positive)

Bharti Airtel: Block deal buyers- GQG Partners and Fidelity Investments were among the several big name investors (Positive)

L&T: Company acquires remaining 26% stake in L&T Special Steels & Heavy Forgings, becomes wholly owned subsidiary. (Neutral)

IREDA: Subsidiary received Certificate of Registration for commencing business as a Finance Company at Gift City, Gujarat. (Neutral)

Crayons Advertising: Company announced the resignation of Mr. Gagan Mahajan, Company Secretary & Compliance Officer. (Neutral)

Samhi Hotels: Company received credit ratings from ICRA, Long Term – Fund Based – Term Loan: INR 276.32 Cr, ICRA A- (Stable). (Neutral)

Puravankara: Company has acquired in first phase 37,80,000 Equity Shares of Rs. 10 each (39.54%) of Sobha Puravankara Aviation Private Limited. (Neutral)

Aurobindo Pharma: US FDA completes inspection with 5 observations for Eugia Steriles facility (Neutral)

Bank of India: Bank has issued and allotted Long Term Bonds (Infrastructure) amounting to Rs.

2,690 Crore on a Private Placement Basis. (Neutral)

Bank India: India Rating has assigned a new Long-Term Issuer Rating AA/Stable to the Bank. (Neutral)

PNB: Borrowal Fraud of Rs. 270.57 crore has been reported to RBI in NPA account of Gupta Power Infrastructure Limited, Bank made provisions against account. (Neutral)

Cello: Fire broke out at Cello Industries Private Ltd’s (CIPL) Opal division in Daman facility. (Neutral)

Akzo Nobel: Company may sell India Paints Business for up to $1.7b: Mint (Neutral)

TTK Prestige: The management have decided to commit `500 cr over the next three FY commencing from Q4 of FY25. (Neutral)

Piramal Pharma: US FDA issues form 483 with 6 observations for co’s Turbhe Facility (Negative)

Kothari Ind: Mr. Pradip Dayanand Kothari has stepped down from the position of Chairman and Director of the Company. (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.)