Market Highlights
Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.
January 03, 2024
- Megatrend sector worth looking for investments in 2024
- Solar and it’s value chain
- Defence and its OEM companies
- Waste Water management
- Recyclers of all kind
- Ev and its value chain
- Carbon credits exchange / facilitators
- Digital banking / fintech companies
- Rare earths mining companies
- AI
- High tech telecom sector
- Green Fuels(incl biofuels, hydrogen, helium mining)
- Electronics sector
- Semiconductor and its entire value chain
- *India Daybook – Stocks in News*
- *Coal India:* Company’s supplies at an all-time high volume of 98 million tonnes (mts) to non-regulated sector (NRS) till Dec FY24 (Positive)
- *RVNL:* Rail Vikas JV received LOA for Rs 123 cr order to redevelop Varkala Sivagiri railway station (Positive)
- Avenue Supermarts:* Double-digit growth in revenue for the third quarter of the current financial year, with the topline growing 17.2% year-on-year (YoY). (Positive)
- *VST IND:* Radhakishan Damani buys 2.22 lac shares in VST Industries. (Positive)
- *Bank of Maharashtra:* Q3 Total business at Rs 4.35 lk cr Vs Rs 3.66 lk cr, up 19% YoY (Positive)
- *Hindustan Zinc:* 3QFY24 mined metal production at 271kt, up 7% YoY (Positive)
- *Birlasoft:* Company appoints Manjunath Kygonahally as the CEO for Rest of the World (ROW) region (Positive)
- *Affle:* Company to buy 9.03% stake in Explurger for Rs 37.3 crore. (Positive)
- *Gujarat Alkalies:* Company signs initial pact with Vedanta Aluminium for exploring opportunities in areas of caustic-chlorine, other allied businesses. (Positive)
- *Sun Pharma:* Company acquires Israel's Libra Merger. (Positive)
- *Strides Pharma:* Amansa Holding picked Rs 119.87 crore shares in Strides Pharma Science (Positive)
- *Easy Trip Planners:* Company is planning to raise up to ₹1,000 crore through a preferential issue. (Neutral)
- *Hero Motocorp:* December vehicle sales at 3.93 lk units versus estimates of 3.95 lk units. (Neutral)
- *Tata Motors:* Company supplied 100 electric buses to Assam State Transport Corporation. (Neutral)
- *NATCO Pharma:* Company completes transition of DASH Pharmaceuticals into Natco Pharma U.S.A (Neutral)
- *Jubilant Food:* Company to acquire 6.32% stake in O2 Renewable for buying of up to 4.51 MW renewable power (Neutral)
- * Vedanta:* Company’s unit BALCO gets tax demand worth Rs 23 crore. (Neutral)
- *LIC:* Company gets GST demand including penalty of Rs 117 cr for FY18 (Neutral)
- *Adani Group Stocks:* Supreme Court to pronounce judgment tomorrow on the petitions seeking independent probe into Adani-Hindenburg issue. (Neutral)
- *Muthoot Finance:* Company to raise up to Rs 1,000 crore through public issue of secured (Neutral)
- *Exide Industries:* Company raises corporate guarantee to subsidiary by Rs 1,000 crore. (Neutral)
- *Hindustan Unilever:* Media sources said that tensions soar between Hindustan Unilever and its distributors over a recent margin payout proposal. (Negative)
- *Shyam Metalics:* Company launched QIP, Indicative price at Rs576 per share; discount of 10.4% to closing price (Negative)