Stocks in News: TATAPOWER, COALINDIA, BOB, MAZGAONDOCK, GUJALKALI, PAYTM, HDFCLIFE, WHIRLPOOL, HUL
AHMEDBAD, 22 APRIL:
Indo Amines: CRISIL Upgrades Credit Ratings for short term and long term facilities. (Positive)
Tata Power: Arm ‘Tata Power Renewable Energy’ signs Power Purchase Agreement (PPA) with Tata Motors to set up 131 MW wind-solar hybrid project. (Positive)
Coal India: Company expands into Power Generation with establishment of 2 x 800 MW Ultra Supercritical Power Plants in Jharkhand (Positive)
Nureca: Company gets Punjab Government’s formal approval for setting up a new manufacturing facility in Sundra, Punjab. (Positive)
Sandhar Technologies: Company has executed an agreement to sell its property located in Bangalore for Rs 61 Cr. (Positive)
JSW Energy: Company to commission two wind blade plants in 2025, aims to reduce imports. (Positive)
Bank of Baroda: LIC raises its stake holding in Bank from 2% to 7.05%. (Positive)
HealthCare Global Enterprises: Company announced the inauguration of the expanded HCG Aastha Cancer Centre in Ahmedabad, Gujarat (Positive)
Mukka Proteins Ltd: Company announced the acquisition of a 51% stake in GSM Marine Export, a partnership firm, for Rs 14 Cr via capital contribution. (Positive)
Mazagon Dock: Company announced Capt Jagmohan as the new Chairman & Managing Director, effective April 21, 2025 (Positive)
Anant Raj: Net Profit at Rs 118.79 cr vs Rs 84.01 cr, Revenues at Rs. 540.65 cr vs Rs 442.59 cr (YoY). (Positive)
Himadri Speciality Chemical Ltd: Net Profit at Rs 155.46 cr vs Rs 115.18 cr, Revenues at Rs. 1134.64 cr vs Rs 1176.95 cr (YoY) (Positive)
Gujarat Alkalies: Company announced the dispatch of its first consignment of Benzyl Chloride from its new 30,000 TPA Chlorotoluene Plant at Dahej. (Positive)
Brigade: Company has signed a Joint Development Agreement for a plotted development project in East Bengaluru, spanning approx. 20 acres (Positive)
Steel Stocks: India imposes 12% temporary tariff on some steel imports for 200 days from April 21st – Govt notification (Positive)
H.G. Infra Engineering: Company has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd for a battery energy storage project. (Positive)
Kotak Mahindra Bank: To Increase ATM Transaction Fees Effective May 2025 (Positive)
Tata Investment: Company reported a 37.7% year-on-year (YoY) decline in net profit at ₹37.7 crore for the fourth quarter. (Positive)
Gandhar Oil: Company has entered into a non-binding MoU with JNPA to participate in the Vadhvan Terminal. (Positive)
DCAL: Company’s subsidiary has received Drug Manufacturing License from the National Medical Product Administration (NMPA) for its Shanghai, China. (Positive)
Banks/ NBFCs: RBI has introduced measures to improve banks’ liquidity resilience and align guidelines with global standards. (Positive)
Paytm: Company Arm Paytm Money introduces reduced interest rates revised brokerage for pay later. (Neutral)
Pitti Engineering: Net Profit at Rs 36.13 cr vs Rs 46 cr, Revenues at Rs. 468.77 cr vs Rs 335.90 cr (YoY). (Neutral)
Mahindra Logistics: Net Loss at Rs 7 cr vs Rs 13 cr, Revenues at Rs. 1570 cr vs Rs 1451 cr (YoY).. (Neutral)
SRU Steels: Company announced the appointment of Mr. Vijay Sureshbhai Makvana as Executive Managing Director and Chief Financial Officer, effective April 21, 2025. (Neutral)
Mahindra & Mahindra: Company has announced that Mr. Hemant Sikka, President of the Farm Equipment Sector, will resign effective 4th May 2025 (Neutral)
HDFC Life: Company has announced the appointment of M/s Mehta & Mehta, Company Secretaries, as Secretarial Auditor. (Neutral)
Maithan Alloys: Company has announced the acquisition of 80% equity shares/voting rights of Goldtree Impex Private Limited. (Neutral)
Sansera Engineering: Company has completed the transactions on strategic investment in MMRFIC Technology Private Limited. (Neutral)
Repco Home Finance: Company has announced the appointment of Mr. A. Palpandi as Chief Operating Officer (COO), effective April 21, 2025. (Neutral)
Caplin Point: Mr. Thiagaraja Manikandan tendered resignation from the post of Chief Transformation & Digital Officer (Neutral)
Whirlpool: Corporation ropes in Goldman Sachs for part stake sale process in Indian arm. (Neutral)
HUL: Company announced the completion of its acquisition of a 90.5% stake in Uprising Science Private Limited (YoY) (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.)
