Sunday, 11 June 2023

India Daybook – Stocks in News

*Star Health:* Company’s May premium collections remained higher by 16 percent YoY (Positive) *ICICI Lombard:* Company’s May premium collections remained higher by 21 percent YoY (Positive) *GMR:* GMR Group divests 8,18,000 sq. ft. warehouse facility at Hyderabad Airport to ILP Core Ventures I PTE for Rs 188 cr (Positive) *NHPC:* Company signs MoU with Maharashtra Government to establish Energy Storage Systems with a capacity of 7,350 MW (Positive) *Torrent Power:* The company has signed a MoU with the Government of Maharashtra for the development of three pumped storage hydro projects of 5,700 MW (Positive) *Wipro:* Company launched the Wipro Industry Innovation Experience for Financial Services solution on Microsoft Cloud (Positive) *Engineers India:* NALCO has selected the company for providing consultancy services for the updation of a detailed project report (Positive) *G R Infraprojects:* Subsidiary GR Hasapur Badadal Highway has executed the concession agreement with the National Highways Authority of India (Positive) *IFB Industries:* Societe Generale has bought 3 lakh shares (Positive) *RCF:* The arbitrator award on gas turbo generator breakdown at the plant was given in the company's favour (Positive) *Sonata Software:* Company has announced a strategic partnership with SAP Commerce to drive digital innovation (Positive) *Mazagon Dock:* Germany and India are closing in on a deal to build diesel submarines (Positive) *HAL:* GE-HAL deal on jet engines done, 600 India MSMEs to benefit (Positive) *JSW Ispat:* Kiran Menon has resigned as the Chief Financial Officer (CFO) of the (Neutral) *Deepak Fertilizer:* Subsidiary Performance Chemiserve has raised Rs 900 crore via the issuance of non-convertible debentures (Neutral) *Gravita India:* Promoter Rajat Agrawal has sold 13 lakh equity shares or 1.88 percent shareholding. (Neutral) *NDTV:* Company will move out of short-term additional surveillance framework from today (Neutral) *Tata Power:* Company's stock will trade ex-dividend. Dividend Rs 2/Sh (Neutral) *Adani Power:* BSE changes the daily limit to 20% from 5% (Neutral) *Adani Green:* BSE changes the daily limit to 10% from 5% (Neutral) *Adani Trans:* BSE changes the daily limit to 10% from 5% (Neutral) *Adani Wilmar:* BSE changes the daily limit to 10% from 5% (Neutral) *Bank of Maharashtra:* Raises Rs 1,000 crore via QIP, LIC gets biggest allocation (Neutral) *NIACL:* Company’s May premium collections remained higher by 10 percent YoY (Neutral)

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...