India Daybook – Stocks in News

*Zydus Life:* Company gets USFDA approval for Tadalafil tablets (Positive) *Nelco:* Company invests in Piscis Networks to bolster its portfolio of Satellite Communication Solutions (Positive) *Lemon Tree Hotels:* Company signs licence agmt for a 60-room property in Rajamundry, Andhra Pradesh (Positive) *Tata Elxsi:* Company launches InnovationHub & nearshore engineering centre in Troy, Michigan (Positive) *Hatsun Agro:* Company to consider sale of its windmill division (Positive) *Wipro:* Company & Cisco launches managed private 5G-as-a-Service solution (Positive) *Allcargo Logistics:* Company’s arm Transindia Real Estate, to sell Jhajjar logistics park (Positive) *Mazagon:* Thyssenkrupp, Mazagon intend to build submarine in India (Positive) *Jindal Poly:* Company has entered into an agreement to acquire 100 percent shareholding in Netherlands-based firm JPF Netherlands Investment BV (Positive) *Tech Mahindra:* Life Insurance Corporation of India has increased its stake in the IT services provider by 2.015 percent (Positive) *Snowman Logistics:* Promoter Gateway Distriparks has acquired additional 11 lakh shares or 0.65 percent stake (Positive) *Hero MotoCorp:* The company is gearing up to expand its electric two-wheeler range while upgrading its existing sales infrastructure (Positive) *Titagarh Rail:* Board to consider raising funds via QIP/Rights Issue on June 10 (Positive) *TCS:* Clocks its second lowest employee addition ever in FY23 (Neutral) *Punjab & Sind Bank:* Board to consider raising upto Rs 750 cr via Bonds (Neutral) *Sula Vineyards:* The wine producer has identified a new chief financial officer, who will come on board in August. (Neutral) *Deepak Fertilisers:* Foreign portfolio investor Smallcap World Fund Inc has sold 23.54 lakh equity shares or 1.86 percent stake (Negative) *D-Link:* Ace investor Ashish Kacholia has sold 1.94 lakh shares or 0.54 percent stake (Negative)