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April 18, 2024
- India Daybook – Stocks in News
- Jubilant Pharmova: U.S. FDA intimates inspection classification as 'Voluntary Action Indicated' for unit's Roorkee manufacturing facility. (Positive)
- Kamat Hotels: Company announced launch of IRA by Orchid hotels in Ayodhya to expand presence in Uttar Pradesh. (Positive)
- TARC: Company's FY24 pre-sales at Rs 1,612 crore, up 200% year-on-year. (Positive)
- Brigade Enterprises: Company reports a 46% annual increase in its sales bookings. (Positive)
- Sunteck Realty: Company reports 20% annual growth in sales bookings. (Positive)
- Shilpa Med: Ages, Austria Issues GMP Certification for Shilpa Medicare’s Unit 4, Jadcherla, Telangana (Positive)
- Power Grid: Company has been declared as the successful bidder to establish inter-state transmission system in Gujarat and Rajasthan. (Positive)
- Infosys: Company partners Belgium's Proximus on Service Now platform (Positive)
- Jindal Stainless: Company announces collaboration with global climate action body Science-Based Targets (Positive)
- Kirloskar Ferrous: Company resumes operations at blast furnace at Karnataka plant effective April 15 (Positive)
- JSW Energy: Arbitral Tribunal allows claim to recover Rs 120 cr from Tamil Nadu Generation and Distribution Corporation (TANGEDCO). (Positive)
- Biocon: Company signs licensing & supply agreement with Brazil-based Biomm for commercialisation of Semaglutide (Positive)
- Hindustan Aeronautics: Company request for proposal (RFP) has been issued in April 2024 for 97 Tejas Fighter Jets (Positive)
- Drone Destination: Company announces mega pan India expansion. (Positive)
- Piramal Pharma: USFDA issues EIR for company’s Riverview manufacturing facility. (Positive)
- State Bank: Fitch affirms SBI at 'BBB-'; outlook Stable. (Neutral)
- Canara Bank: Fitch affirms SBI at 'BBB-'; outlook Stable. (Neutral)
- Power Grid: Company approves raising up to Rs 12,000 crore via bonds in FY25. (Neutral)
- IIFL Finance: Board approves rights issue offer price of Rs 300 per share. (Neutral)
- Vodafone Idea: India’s largest follow-on public offer opens today with price bank Rs 10-11. (Neutral)
- Reliance Industries: Company offered U.S. oil to other buyers in Asia last week. (Neutral)
- HDFC Bank: Board likely to consider annual renewal of issuance of long-term bonds via private placement mode (Neutral)
- Paytm: Company clarifies license status, says no notice on investment in payments arm. Paytm gets NPCI nod to migrate users to new PSP bank handles. (Neutral)
- ZEE: Company withdraws from NCLT application to merge operations with Sony. (Neutral)
- Vedanta: Company gets GST Penalty order of ₹27.97 crore for a period FY 2018-19 to FY 2020-21. (Neutral)
- ICICI Lombard: Q4 Combined Ratio at 102.2% vs 104.2%, Net profit up 19% at Rs 520 cr vs Rs 437 cr (YoY) (Neutral)
- Elin Electronics: Company appoints Praveen Tandon as CEO of the co w.e.f. April 17, 2024 (Neutral)
- Tata Consumer: Company acquires 8.3 crore shares representing 99.99% stake of Organic India from Fabindia (Neutral)
- Apollo Tyres: Company receives tax demand and penalty of Rs 2.06 crore from GST authority in Tamil Nadu. (Neutral)
- Hathway Cable: The Net profit at Rs 35 cr vs loss of Rs 14.6 cr, Revenue up 7.3% at Rs 493.4 cr vs Rs 460 cr (YoY). (Neutral)
- Ambuja Cement: Adani Family Completes Ambuja Cement Warrant Subscription Infuses INR 20,000 Cr to increase stake to 70.3% (Neutral)
- Zee Entertainment: Board approves new streamlined organisation structure proposed by MD, CEO (Neutral)
- ABFRL: Company gets GST demand orders worth Rs 4.55 crore from Andhra Pradesh Tax Authority (Neutral)
- Tata Communications: Cons revenue at Rs 5,691.7 cr vs Rs 5,633.3 cr QoQ (Neutral)
- JK Paper: Step down subsidiary invested Rs 60 cr in Bengal & Assam company by way of purchase from open market, out of its surplus funds. (Neutral)
- KIMS: Hospital chain KIMS subsidiary gets income tax demand of ₹306.97 crore (Negative)
