Market Highlights
Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.
December 08, 2023
- *India Daybook – Stocks in News*
- *IRB Infra:* November toll collection increases 27% YoY to Rs 437 crore (Positive)
- *Olectra Greentech:* Company gets LoA worth Rs 62.8 crore for supply & maintenance of 40 electric buses from Vasai Virar City Municipal Corporation, Mumbai. (Positive)
- *Container Corporation * Company and NTPC Vidyut Vyapar have signed a MoU to explore the possibility of setting up PV Solar renewable energy projects in CONCOR terminals (Positive)
- *IRCON:* Company’s non-retail portion of the offer for sale (OFS) subscribed 4.63 times of the base size. (Positive)
- *GlaxoSmithKline Pharma:* Company has established an omnichannel team to expand its reach and coverage to the target segments by leveraging technology and improve productivity. (Positive)
- *Bharat Forge:* Company's unit, Kalyani Strategic Systems, proposed to acquire a majority stake in Zorya Mashproekt India. (Positive)
- *UPL:* Company incorporated a step-down subsidiary, Advanta Seeds Zambia, in Zambia for carrying out seeds and related business. (Positive)
- *Shriram Finance:* Company signed an agreement with SIDBI for co-lending to MSMEs. (Positive)
- *Tube Investment:* MOSL Mutual Fund bought 10 lakh shares at Rs 3,348.09 per share. (Positive)
- *JTL Industries:* Promoter group Pranav Singla bought 9.14 lakh shares on Dec. 7. (Positive)
- *Five-Star Business Finance:* Matrix Partners is likely to sell 5.87 percent stake in Five-Star Business Finance via block deal, reported CNBC-TV18 (Neutral)
- *Zomato:* Japan's SoftBank is likely to sell Zomato shares worth $135 million via a block deal (Neutral)
- *Jindal Saw:* The board will consider fundraising at a meeting on Dec. 14. (Neutral)
- *ADF Foods:* Promoter Bimal R. Thakkar released a pledge of two lakh shares on Dec. 4 (Neutral)
- *IDFC First Bank:* Dayside Investment sold 9.17 crore shares at Rs 86 per share (Neutral)
- *Man Infrastructure:* Company reduced its stake in MICL Homes to 31% from 34%. (Neutral)
- *Green Panel:* Company resumed operations at its Andhra Pradesh factory w.e.f. Dec. 6. It estimates a loss caused by Cyclone Michaung of Rs 3.5 crore (Neutral)
- *TVS Electronics:* Company received an order from the office of the Commissioner of Customs on Dec. 6 to pay Rs 35.58 crore (Negative)
- *Ethos:* Promoter Mahen Distribution sold 20.53 lakh shares on Dec. 6. (Negative)