Monday, 5 June 2023

India Daybook – Stocks in News

*JK Cement:* Board approved acquisition of 100 percent shareholding in Toshali Cement (Positive) *HUL:* Company eyes acquisitions in masstige beauty segment (Positive) *Adani Group:* Repays loans worth $2.65 billion, completes prepayment (Positive) *Wipro:* Company said its dynamic digital signage solution, Wipro VisionEDGE, will power Bowling Center TV (Positive) *BL Kashyap:* Company has secured new order worth Rs 147 crore (Positive) *HG Infra:* Company has received the letter of acceptance from north central for a project worth Rs 677 crore (Positive) *IndiGo:* Company aims to carry 100 million passengers in the year ending March 2024 (Positive) *GE T&D:* The company has got shareholders' approval through a postal ballot notice to appoint Sandeep Zanzaria as MD (Neutral) *Vedanta:* Vedanta Iron Ore Karnataka has partnered with Volvo CE to deploy zero-emission electric off-road machines (Neutral) *Maruti Suzuki:* Company has started work on two solar power plants at facilities. (Neutral) *Bank of Baroda:* Bank launches facility for cash withdrawals using UPI on its ATMs (Neutral) *SBI:* Board to consider raising funds in FY24 via issuance of debt instruments on June 9 (Neutral) *Godrej Consumer:* Board appoints Aasif Malbari as CFO w.e.f. August 10 (Neutral) *Wipro:* Board okays buyback of shares worth Rs 12,000 crore at Rs 445 apiece (Neutral) *IEX:* May overall volume of 8,251 MU, up 8% (YoY) (Neutral) *SBI Cards:* Board approves raising funds up to Rs 3,000 cr via NCDs (Neutral) *R Systems:* Public Shareholder Bhavook Tripathi Sold 3.30% Stake or 39 Lakh Shares (Neutral) *Muthoot Capital:* Shares will start trading on mainboard of NSE from today (Neutral) *HIL:* Promoter sold 11,20,000 shares of company, Plutus Wealth bought 13,15,000 shares (Neutral) *Vijaya Diagnostics:* Promoter sold 11,82,100 shares of company (Negative)

India Daybook – Stocks in News

*P&G:* Net profit up 36.5% Rs 210.7 cr, Revenue up 8.9% at Rs 1,138.4 cr YoY  *TVS Motors:* Net profit at Rs 536.6 cr vs poll Rs 520.0 c...