Stocks in News: ZYDUSLIFE, CAPLINPOINT, HGINFRA, VEDANTA, NCC, CDENTRALBNK, HYUNDAI, MARUTI, EICHER, KSB
AHMEDABAD, 2 MARCH:
Zydus Lifesciences: Company has secured final approvals from the USFDA for two key pharmaceutical products: Ivermectin Tablets and Dapsone Tablets. (Positive)
Caplin Point: Company has secured final approval from the SFDA) for its Abbreviated New Drug Application (ANDA). (Positive)
Concord Control Systems: Company has secured a new order worth ₹53.73 crore from Indian Railway (Positive)
H.G. Infra Engineering: Company bags ₹1,582 Cr NHAI Odisha road project (Positive)
Kabra Extrusion: Company bags ₹133 Cr Energy Storage Order (Positive)
DEE Development: Company bags maiden ₹58 Cr seamless pipe order (Positive)
Medi Assist: Company partners LawtonAsia to expand in South East Asia. (Positive)
Globe Civil Projects: Company selected as L1 (lowest bidder) for a residential building project at IIT Delhi Extension Campus. (Positive)
Vedanta: Company has been declared preferred bidder for Karnapodikonda bauxite block. (Positive)
Chemplast/ DCW/ Finolex: DGTR initiates Countervailing Duty (CVD) probe into imports of PVC Suspension Resin from China. (Positive)
Mukka Protein: Company received 3-year approval for responsible marine ingredients (Positive)
NCC: Company Telangana HC grants interim stay on NHAI debarment order (Positive)
Quality Power: Company bags ₹34 Cr HVDC reactors Order (Positive)
Eleganz Interiors: Company secures Rs 122.02 crore order from global IT organization. (Positive)
Genus Power: Company receives consent to operate for new Rajasthan moulding plant; commences commercial production to strengthen backward integration (Positive)
Central Bank of India: Bank enters mutual fund distribution agreement with Canara Robeco AMC to offer investment products to customers. (Positive)
Oil upstream stocks: Oil prices surged after the weekend attacks, with the conflict set to shut off a major shipping channel– the Strait of Hormuz (Positive)
Hyundai: Auto Sales At 66134 Units Vs Poll Of 65500 Units (Positive)
Tata Motors CV: Total Sales At 42940 Units Vs Poll Of 42000 Units (Positive)
TVS Motors: Total Sales At 5.29 lakh Units Vs Poll Of 5.10 Units (Positive)
Hero MotoCorp: Total Sales At 5.58 lakh Units Vs Poll Of 5.31 lakh Units (Positive)
VST Tillers: Total Power Tiller & Tractor Sales Up 36.04% At 4,435 Units Vs 3,260 Units (YoY) (Positive)
KSB: Company bags multi-crore orders across segments: Rs 58 crore solar pumps, Algeria refinery export, UAE water pumps, cavern LPG service, and Chhattisgarh power plant project. (Positive)
Abbott India: Company partners to commercialise Extensior Semaglutide with Novo Nordisk (Positive)
Supreme Petrochem: CRISIL Ratings has revised the outlook on long-term bank facilities to stable to positive. (Positive)
Brigade Enterprises: Company launches ‘Brigade Stellaris’ residential project in Chennai; GDV estimated at Rs 1,700 crore. (Positive)
Elpro International: Company has acquired equity shares of Mynd Solutions Private Limited, marking a strategic expansion into the fintech sector. (Positive)
Indian Rail Tour Corp: BNP Paribas Financial Markets bought 47.33 lk shares at Rs. 569.91 per share. (Positive)
Jindal Stainless: JSL Overseas Holding Limited, Promoter Group, bought 9 lk shares. (Positive)
Jubilant FoodWorks: BNP Paribas Financial Markets bought 49.50 lk shares at Rs. 519.67 per share. (Positive)
Gail (India): Company plans 178.2 MW Greenfield wind project in Maharashtra; investment of Rs 1,736 crore, expansion over 24 months (Neutral)
Niva Bupa Health: IRDAI issues show cause notice to company. Company says implementing necessary actions as advised. (Neutral)
Jio Financial Services: Company launches ‘Intelligent Digital Marketplace’. (Neutral)
Aurobindo Pharma: Company arm Eugia Pharma unit-I inspected by USFDA; 4 observations reported (Neutral)
SBI Card: Company to revise reward points redemption rules from April 1 (Neutral)
Paras Defence: Company incorporates wholly-owned arm ‘Paras Semiconductors’ to strengthen chip play (Neutral)
Motisons Jewellers: Company proposes to raise up to Rs 350 crore via equity fundraising through public/private offerings including QIP on March 6 (Neutral)
PFC: Company consulting limited transfers wholly owned subsidiary Saswad Transmission limited to Maharashtra state electricity transmission company limited for Rs 3.79 crore following successful bidding process (Neutral)
VMM: Promoter Samayat Services Sells 14% Stake In Co For ₹7,636 Cr. (Neutral)
Adani Power: ICRA reaffirmed AA; Stable for existing facilities and NCDs. (Neutral)
Bajaj Auto: Company’s arm KTM AG secures €550 million refinancing loan. (Neutral)
Goa Carbon: Company announced that the National Green Tribunal (NGT) has dismissed the environmental pollution case filed against its Goa plant. (Neutral)
ICICI Bank: Approved purchasing up to 2.0% additional shareholding in its subsidiary, ICICI Prudential Life Insurance Company Limited. (Neutral)
JSW Energy: India Ratings & Research has affirmed a rating of “IND AA/Stable/IND A1+” for the bank loan facilities. (Neutral)
Hindalco Industries: Company announces that Mr. Chandan Agrawal, CEO of Eternia Business, has resigned due to personal reasons (Neutral)
Samvardhana Motherson: Company has officially completed the formation of its joint venture (JV) with Macauto Industrial Co., Ltd. (Neutral)
M&M Auto: Total Sales At 97,177 Units Vs Poll Of 98,250 Units (Neutral)
Tata Motors PV: Total Sales At 63300 Units Vs Poll Of 64300 Units (Neutral)
SML Mahindra Auto: Total Sales Up 17% At 1,503 Units Vs 1,288 Units (YoY). (Neutral)
Maruti Suzuki: Total Sales At 2.13 Lk Units Vs Poll Of 2.19 Lk Units (YoY). (Neutral)
Escorts: Total Sales At 10339 Units Vs Poll Of 10500 Units (Neutral)
Eicher Motors RE: Total Sales At 1.01 lakh Units Vs Poll Of 1.03 lakh Units (Neutral)
Circuit filter change from 5% to 20%: Kwality Walls. (Neutral)
List of stocks included in the short term ASM Framework: R M Drip. (Neutral)
List of stocks excluded from ASM Framework: Ratnamani Metals, V Marc. (Neutral)
HealthCare Global Enterprises Ltd Ex-Date Today, Right Issue of Equity Shares (Neutral)
Varvee Global Ltd Ex-Date Today, Stock Split from Rs.10/- to Rs.5/- (Neutral)
Enbee Trade & Finance Ltd Ex-Date Wednesday, Right Issue of Equity Shares (Neutral)
Naperol Investments Ltd Ex-Date Wednesday, Interim Dividend – Rs. – 3.00 (Neutral)
Adani Green: Norway’s $2 Trillion Wealth Fund Has Dropped Adani Green Energy from Its Portfolio. (Negative)
Aviation stocks: IndiGo and Air India issues passenger advisory on the back of situation in Iran. (Negative)
Oil downstream stocks: Oil prices surged after the weekend attacks, with the conflict set to shut off a major shipping channel– the Strait of Hormuz. (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.)
