Stocks in News: ZYDUSLIFE, HCLTECH, IRCTC, JSWINFRA, MARUTI, BHEL, HAL: HYUNDAI IPO OPENS TODAY

AHMEDABAD, 15 OCTOBER

Sterling and Wilson: Company receives fresh order worth ₹823 cr (Positive)

JKumar Infra: Company bags work order worth Rs 297.8 cr from Pune Municipal Corporation (Positive)

હ્યુન્ડાઇ ઇન્ડિયાનો આઇપીઓ આજે ખુલશે

IPO ખૂલશે	15 ઓક્ટોબર
IPO બંધ થશે	17 ઓક્ટોબર
એન્કર બિડિંગ	14 ઓક્ટોબર
ફેસ વેલ્યૂ	રૂ.10
પ્રાઇસબેન્ડ	રૂ. 1865/1960
બિડ લોટ	7 શેર્સ
IPO સાઇઝ	142194700 શેર્સ
IPO સાઇઝ	રૂ.27870કરોડ
લિસ્ટિંગ	BSE, NSE
Employee Discount	રૂ. 186 per share
BUSINESSGUJARAT RATING	7.5/10

Zydus Lifesciences: Company and ICMR have partnered to initiate Phase 2 clinical trials of Desidustat for Sickle Cell Disease in India (Positive)

Sunteck Realty: Collections in Q2 FY25 up 24.8% on (YoY), Q2 pre-sales up 32.7% (YoY). (Positive)

IFGL Refractories: Company has entered into a Joint Venture Agreement with Marvels International Group Co Ltd and Marvel Refractories (Anshan) Company Limited to set up a JV company in India. (Positive)

Indian Oil: Company and Ever Enviro Resource Management have formed a 50:50 joint venture to promote biofuel adoption in India. (Positive)

HCL Tech: Net Profit at Rs 4235 cr vs Net Profit Rs 4257 cr (QoQ) , Revenue at Rs 28862 vs Rs 28057 cr. (QoQ) (Positive)

HEC Infra Projects: Company secures Rs 11.36 Cr project from Ahmedabad Municipal Corporation (Positive)

Rajoo Engineers: Net Profit at Rs 8 cr vs Net Profit Rs 5.3 cr (YoY) , Revenue at Rs 57 vs Rs 53 cr. (YoY) (Positive)

International Travel House: Net Profit at Rs 7.4 cr vs Net Profit Rs 5.6 cr (YoY) , Revenue at Rs 61 vs Rs 53 cr. (YoY) (Positive)

Lyka labs: Company’s patent pending drug Pregabalin Gel 8% w/w for the treatment of diabetic neuropathic pain receives approval from CDSCO. (Positive)

IRCTC: Company commences Rail Neer production at Vijayawada plant, boosting daily capacity to 18.40 lakh litres (Positive)

JSW Infrastructure: Company receives LOI for Murbe Port development on PPP model. (Positive)

Premier Energies: Secures Rs 765 Crore in New Solar Orders. (Positive)

Thomas Cook: Company has launched Sterling City Centre Bokaro in Jharkhand. (Positive)

Honeywell: Company wins Airfield Ground Lighting Project for Noida International Airport. (Positive)

HAL: Department of Public Enterprises: Finance Minister has approved the upgradation of Hindustan Aeronautics to the 14th Maharatna CPSE (Positive)

Oil downstream stocks: Oil prices corrected by 3 percent as OPEC cuts global oil demand growth forecasts for a third month (Positive)

Adani Energy: Q2 system availability stands at 99.7%. Increase in project pipeline from Rs 17,000 crore in Q1FY25 to Rs 27,300 crore Q2FY2 (Positive)

Bharat Forge: India and the US will sign a Rs 34,500 crore deal to acquire MQ9B drones for the armed forces: ET (Positive)

CESC: Company has entered into a Share Purchase Agreement today for acquisition of 100% share capital of Deshraj Solar Energy Private Limited (Positive)

Gopal Snacks: Net Profit at Rs 28.8 cr vs Net Profit Rs 27.2 cr (YoY) , Revenue at Rs 299 vs Rs 356 cr YoY. Company declares interim dividend of Rs 1 per share.  (Neutral)

Dr. Reddy’s Laboratories: Company has been named as a defendant in several lawsuits related to the drug Revlimid. (Neutral)

Indian Overseas Bank: Bank hikes lending rate on overnight & 1-month tenures by 5 bps each (Neutral)

HB Portfolio: Company invests Rs 50 Cr in subsidiary Infinix9 Hotels & Resorts to strengthen hospitality business. (Neutral)

Coal India: Company board to meet on October 25 to consider dividend (Neutral)

Exxaro Tiles: Company approves sub-division of 1 share into 10. (Neutral)

TVS Motor: Company to announce Q2FY25 results on October 23 (Neutral)

BHEL: Company to announce Q2FY25 results on October 28 (Neutral)

Maruti Suzuki: Company launches Baleno Regal Edition, enhancing comfort and style for the festive season (Neutral)

DMart: Revenue at Rs 14444 cr versus poll Rs 14206.0 cr. Net profit seen at Rs 660 cr vs poll of Rs 770 cr. (Neutral)

Brightcom Group: Company to apply for suspension revocation after releasing shareholding, AGM schedule (Neutral)

Reliance Ind: Net Profit at Rs 16563 crore versus poll Rs 15738 crore, Revenues at Rs 2.35 lakh crore versus poll Rs 2.32 lakh crore. (Neutral)

IFGL Refractories: Company will hold a 51% share in the JV entity, while 49% stake will be held by MIG. (Neutral)

Diamond Power: Board of directors will meet on October 18 to consider a proposal to raise funds and stock split. (Neutral)

IOB: MCLR rates for overnight and one-month tenor have changed from 8.20% and 8.45% to 8.25% and 8.50%, respectively. (Neutral)

Ola Electric: Company kickstarts festive season on an electrifying note, consolidates market share to 34% in October 2024. (Neutral)

Can Fin Homes: Company said the board of directors has approved the raising of funds by issuance of Non-convertible Redeemable Debentures. (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.)