Stocks in News: TATATECH, EXICOM, RVNL, MARUTI, SPPPOLYMER, MAZADA, WPIL, CESC, SBI, GODIGIT

AHMEDABAD, 8 JANUARY:

Tata Technologies: Company and Telechips signs a strategic MoU to innovate solns for next-gen software-defined vehicles (SDVs). (Positive)

Exicom: Company partners with Mufin GreenInfra to drive the expansion of EV Charging Solutions in India (Positive)

RVNL: Company signs MoU with Dubai’s GBH International Contracting LCC to explore business opportunities in civil infra sector in GCC countries (Positive)

Maruti: Company announces its blueprint for electric mobility, christened ‘e For Me’ (Positive)

UniHealth Hospitals: Company announced the launch of its first multi-specialty hospital in Navi Mumbai, India (Positive)

SPP Polymer: Company has signed an MOU with the Uttar Pradesh government to set up a new project with an investment of around Rs 50 crores. (Positive)

Power Finance: SPV Company Incorporated As Subsidiary of PFC Consulting (Positive)

Mazda Ltd: Company announces a stock split, one share will be split into five shares and Record date will be 28th January 2025. (Positive)

IKIO lighting: Company has formed a joint venture with AG Investment Holdings and others to expand market reach and accelerates business growth (Positive)

Ceinsys Tech: Company rebrands to CS Tech AI, embraces AI-driven future (Positive)

WPIL: Company announced the acquisition of Misa S.R.L., an Italian company, by its European subsidiary, Gruppo Aturia. (Positive)

NTPC: Company incorporates Wholly Owned Subsidiary for Nuclear Energy (Positive)

Tata Steel Q3: India production rises 6%, deliveries at record levels (Positive)

Jindal Worldwide: Board approves bonus issue of 4 shares for every 1 share held (Positive)

CESC: Company awards contract for 150 MW Wind-Solar Hybrid Power Project. (Positive)

Oil upstream stocks: Crude oil prices firming up to $77/ barrel (Positive)

Ola Electric: Karnataka High Court grants six weeks extension to Ola Electric to submit response on CCPA seeking additional docs (Neutral)

Signature Global: Company appoints Sanjeev kumar Sharma as CFO of the company w.e.f January 7 (Neutral)

SBI: Bank appoints Baldev Prakash as DMD and Group Chief Risk Officer of the bank (Neutral)

Adani Power: Care Ratings Limited has assigned a CARE AA: Stable credit rating to its proposed Rs 5,000 crore Non-Convertible Debentures (Neutral)

Adarsh Mercantile: Company announced the resignation of its Company Secretary, Ms. Radhika Mayaramka, and effective February 1, 2025. (Neutral)

Supreme Facility Management: Company announced the appointment of Mr. Anshuman Singh Tomar as its Company Secretary and Compliance Officer, effective January 7, 2025. (Neutral)

Hindustan Zinc: ICRA assigned an A1+ rating to its ₹5,000 crore commercial paper. (Neutral)

COSMO First: Company announced the appointment of Mr. Neeraj Kumar Sharma as Vice President- Taxation and Corporate Affairs, effective January 7, 2025. (Neutral)

Wisec Global: Company appointed Mr Devendra Singh as its new Chief Financial Officer, effective January 7, 2025. (Neutral)

Orissa Minerals Development: Company Suspends Chief Financial Officer Ramakanta Behera (Neutral)

Vedanta Ltd: Company received an order from the tax authority in Ahmedabad for a penalty of Rs 2.24 cr for excess credit availment and failure to reverse ITC (Neutral)

Transchem Ltd: Company announced the resignation of its CFO, Mr Mukesh Garach, and effective January 7, 2025. (Neutral)

Equinox India: Company secures NCLAT approval for merger with Embassy Group entities. (Neutral)

Purvankara: Company appoints Deepak Rastogi as the group CFO of the company w.e.f January 15. (Neutral)

Berger Paints: No material event or development to disclose in the matter of Akzo Nobel stake buy report (Neutral)

Escort Kubota: Company announced the appointment of Mr. Kohei Kawabe as Chief Officer of the Engine Business Division (Neutral)

ICICI Lombard:GDPI decline of 1% YoY vs -3% MoM (Neutral)

Go Digit:GDPI growth of 6% YoY vs -4% MOM (Neutral)

Rainbow: ICRA Limited reaffirmed its credit rating of [ICRA] AA (Stable) for Rainbow Children’s Medicare Ltd. (Neutral)

Birlasoft: Roopinder Singh resigns as Chief Executive Officer – Americas of the company w.e.f February 7, 2025. (Neutral)

Mankind Pharma: Company pledges remaining 56.31% shares of Bharat Serums & vaccines in favour of Catalyst Trusteeship (Neutral)

M&M: Company announces prices for top variant of BE 6 & XEV 9e. (Neutral)

Sobha: Total Sales value Down 28.8% to Rs 1388.6 cr vs Rs 1951.6 cr YoY, up 17.8% QoQ. (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.)