Tuesday, 13 June 2023

India Daybook – Stocks in News

*Engineers India:* Company gets an order worth Rs 472 cr from ONGC (Positive) *Honeywell:* CEO Vimal Kapur sees India business doubling in next 5 years (Positive) *JSW Steel:* Company emerges as preferred bidder of mining lease for iron ore mineral in two blocks (Positive) *Ahluwalia:* Company gets order worth Rs 426.57 crore (Positive) *HFCL:* Company bags order worth approximately Rs 81 crore from Delhi Metro Rail Corporation (Positive) *Greaves:* Electric Mobility enters into an agreement with Bike Bazaar Finance to provide flexible financing options (Positive) *Go Fashion:* ICICI Prudential Life, BNP Paribas, Kuwait Investment Authority Fund, and Societe Generale have bought total 24.44 lakh equity shares (Positive) *Balrampur Chini:* Europe-based financial services group Societe Generale has picked half a percent stake (Positive) *Man Infraconstruction:* Societe Generale has also bought 39.31 lakh shares or 1.06 percent stake (Positive) *Usha Martin:* Motilal Oswal Mutual Fund has bought 18.5 lakh shares (Positive) *Tejas Networks:* Company has deployed its TJ1400 family of carrier-class FTTx and packet switching network solutions. (Positive) *Caplin Point:* Company has received approval from USFDA for cisatracurium besylate injection. (Positive) *Tata Motors:* Jaguar Land Rover plans an annual investment of 3 billion pounds while targeting revenue of over 30 billion pounds by FY26 (Positive) *RK Forging:* Sets New Company ‘Ramkrishna Titagarh Rail Wheels Limited’ Alongwith Titagarh Rail Systems. (Positive) *Inox Wind:* Board members have approved the merger of Inox Wind Energy into the company (Neutral) *Punjab & Sind Bank:* The bank has received board approval for raising capital up to Rs 750 crore through the issuance of Basel-III compliant additional Tier-1 bonds (Neutral) *Jyoti Structures:* Follis Advisory LLP has sold 1.33 crore shares in the construction company (Negative) *ZEE ENT:* SEBI has restrained Essel Group Chairman Subhash Chandra Goenka and Zee Entertainment head Punit Goenka from holding any key managerial position for 1 year. (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...