Stocks in News: RVNL, DEFENCESTOCKS, VLINFRA, ARTSON, WIPRO, ADANIWILMER, SWIGGY, CHAVDAINFRA
AHMEDABAD, 4 DECEMBER:
Defence Stocks: DAC approves 5 capital acquisition proposals worth ₹21,772 crore to augment defence preparedness (Positive)
RVNL: Company has received a contract from east central railway for upgrading the electric traction system in the Gomoh-Patratu section, valued at Rs 186.77 crore. (Positive)
VL Infraprojects: Company secured a ₹15.24 crore work order from Mayfair Supreme Private Limited (Positive)
Nitiraj Engineers: Company authorized as Drone-Remote Pilot Training Organization (RPTO) by DGCA. (Positive)
Artson: Company has taken additional premises adjacent to its existing Nashik facility (Positive)
Rappid Valves: Company received ₹403.90 lakh in purchase orders from various companies for industrial valve supply. (Positive)
Wipro: Company partners with Netskope to offer cybersecurity optimisation advisory services (Positive)
Steelman Telecom: Company receives Rs 147 crore contract from Reliance Jio for maintaining indoor small cell and Wi-Fi networks for three years. (Positive)
Adani Wilmar/Patanjali: India’s November edible oil imports rise 12% m/m to 1.6 million metric tons, highest in four months. (Positive)
Kaynes: Company acquires a 54% stake in Sensonic GmbH. (Positive)
R Power: Solar Energy Corporation lifts Reliance Power debarment notice (Positive)
SPML Infra: credit rating assigned by ICRA for Rs 477 Cr long-term fund-based term loan rated ICRA BBB-(Stable). (Neutral)
Swiggy: Company’s INSTAMART business is witnessing heightened degree of competitive action, INSTAMART aims to more than double active dark store area YoY, to 4 MN SQ ft by March-25 (Neutral)
Mphasis: Company received the 2024 AWS Partner Award for Industry Partner of the Year in Travel and Hospitality (Global). (Neutral)
Aditya Birla Capital: Company invested Rs 300 Cr in its wholly-owned subsidiary, Aditya Birla Housing Finance Ltd, through a rights issue. (Neutral)
ONGC: Company increased its stake in subsidiary OPAL from 94.57% to 95.69% by acquiring shares worth Rs 4,906.20 crore. (Neutral)
IEX: Traded 9,689 MU electricity in Nov’24, a 15.7% YoY rise. DAM price was Rs 3.30/unit, down 17.3% YoY. RTM volume increased by 28% YoY to 3,019 MU. (Neutral)
M&M: Company in talks with IndiGo to find an amicable solution. (Neutral)
Heranba Industries: Company announced the resignation of Mr. Ajit Singh Gujral, Head of Strategic Development for Crop Protection (Neutral)
Hikal: Company announced the resignation of Mr. Ketan Karkhanis (Asst. VP-IT) and Mr. Rakesh Ganorkar (VP-R&T-Pharma CDMO) (Neutral)
Wonderla: QIP opens, approves floor price for issue at Rs 829.74/ share. (Neutral)
PB Fintech: Board Approves Incorporation Of Wholly-owned Subsidiary-PB Healthcare. (Neutral)
Honasa Consumer: Promoter Varun Alagh raises stake to 31.93% with ₹4.5-crore investment (Neutral)
3i Infotech: Company’s Saudi subsidiary faces Rs 25.73 Cr tax issue (Negative)
Epack: Bhiwadi facility was searched by Jaipur Customs on Dec 2, 2024. (Negative)
Chavda Infra: Company’s registered office and promoters’ residences underwent an Income Tax Department search (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.)
