Indian Stock Market

2023-04-26 05:20:38 STOCKS IN ACTION 26 April

UCO Bank: The board will convene on May 2 to consider raising equity capital via follow-on public offer, qualified institutions placement, preferential issue, etc. for the fiscal 2024. The board will also consider the financial results for the quarter and year ended March 2023, as well as dividend for the fiscal 2023.

Indraprastha Gas: Says Got Order From Petroleum And Natural Gas Regulatory Board Over Authorization For Gas Supply In Noida, Faridabad And Gurugram

KPI Green Energy: The company commissioned a 26.1 MW wind-solar hybrid power project at Bhungar site in Bhavnagar under Gujarat Wind-Solar Hybrid Power Policy, 2018.

Tata Motors: S&P Revises Tata Motors To Rating 'BB' From 'BB-'; Outlook 'Stable'

Thermax: The company liquidated wholly owned subsidiary Thermax Sustainable Energy Solutions as per the order by Mumbai bench of National Company Law Tribunal. The voluntary liquidation will not have any impact on the financial, the company said.

Cipla: The company will dissolve wholly owned step-down subsidiary Madison Pharmaceuticals with effect from April 28. Madison is a dormant entity, and its dissolution will not affect the performance or revenue of the company, Cipla said.

SANDUR MANGANESE: Co accorded Environmental Clearance for enhancing Iron Ore production by 2.8x to 4.50 MTP.

Bajaj Auto: The board of the two-wheeler manufacturer approved the reappointment of Rakesh Sharma as whole-time director of the company for another five years, effective Jan. 1, 2024.

Bata India: The company appointed Anil Ramesh Somani as chief financial officer of the company for five years with immediate effect. The board also approved appointment of Ravindra Dhariwal as non-executive non-independent director for two years, starting May 27, 2023.

JSW Holdings: Clarifies On News Item Captioned ‘JSW In Talks To Pick Up Stakes In MG, Byd India'
Says No Such Proposal As Referred To In The Captioned News Article Has Been Placed For Discussion Of The Board Or Any Of Its Committees

IPCA Labs will seek to monetize Unichem Labs' Mumbai property in the Jogeshwari area ओपन / कमेंट

2023-04-25 17:45:13 Indiamart to consider bonus issue on April 28, 2023 ओपन / कमेंट

2023-04-25 17:45:09 Tata Consumer Q4 Results: Net profit rises 23% YoY to Rs 268 crore; dividend declared at 8.45/share ओपन / कमेंट

2023-04-25 17:34:15 India's richest person and RIL boss Mukesh Ambani recently gifted house to his long-time employee Manoj Modi. Ambani has given him a property worth Rs 1500 crore located in a posh area on Nepean Sea Road in Mumbai. The 22-storey building named ‘Vrindavan’ is spread over an area of 1.7 lakh square feet. ओपन / कमेंट

2023-04-25 06:17:19 ओपन / कमेंट

2023-04-25 06:16:55 SYMPHONY Limited BUYBACK Schedule

Buyback Window Opens : 03 May
Buyback Window Closes : 17 May

Buyback Settlement Date : 26 May

Retail Entitlement Ratio : 9.79% (9 For 92)

Shares Reserved for Retail Category : 1,50,000

Retail Shareholders on Record Date : 1,35,998 ओपन / कमेंट

2023-04-25 06:16:42 ओपन / कमेंट

2023-04-25 05:09:50 STOCKS IN ACTION 25 April

Welspun India: The board of the company will meet on April 27 to consider a buyback scheme and recommended dividend for the 2023 fiscal.

Torrent Pharmaceuticals: The company redeemed non-convertible debentures of Rs 145 crore.

Infosys signs a memorandum of understanding (MoU) with SaudiAramco to collaborate on accelerating their HR technology.

360 ONE WAM: 360 ONE Portfolio Managers, a wholly owned subsidiary of the company, has received the approval of International Financial Services Centres Authority to act as non-retail, fund management entity. The 360 ONE unit will now be able to undertake fund management, portfolio management services, etc. at IFSC GIFT CITY.

Mahindra Lifespace Developers: Says Selected As Preferred Partner To Redevelop A Residential Society In Malad, West, Mumbai
Project Will Offer Mahindra Lifespaces A Revenue Potential Of Around 8.5b Rupees

UnichemLaboratories/IPCALabs: IPCALabs to acquire a 33.38% stake in UnichemLaboratories for an aggregate consideration of Rs 1,034.06 crore.
The acquisition will be done from one of the promoter entities at a price of Rs 440/ share.

Indiabulls Housing Finance: Transferred 2nd Tranche Of Reserve Amount Of 4.82b Rupees To Lender Repayment Trust
Reserve Amount Transferred For External Commercial Borrowing, Due Aug 25

HDFC Bank: Monetary Authority of Singapore approves HDFC Bank plan to acquire 20% or more stake in fund manager Griha.

Ltimindtree: Currys Selects LtimindtreeAs Its Core Digital Transformation Partner

Bharti Airtel will deploy narrow band (NB-IoT) services to power 1.3 million homes in Bihar via a smart metre solution

Poonawalla Fincorp: CRISIL upgrades Poonawalla Fincorp rating for long-term debt instruments and bank facilities to 'CRISIL AAA'

IndusInd Bank to reappoint Sumant Kathpalia as MD & CEO for 2 years

Crompton Greaves: The company appointed Promeet Ghosh as CEO and MD, with effect from May 1, 2023, as Mathew Job resigned as the CEO on April 23, 2023

New India Assurance Company: The finance ministry appointed Smita Srivastava as general manager and director of the company, with effect from April 24, 2023.

L&T Technology Services Ltd, LIC: Life Insurance Corporation of India said it has increased its shareholding in L&T Technology Services Ltd, taking its stake in the company to 5.008%.

Choice International: The Choice Group announced plans to launch operations in 10 locations across North India in the first half of 2024 fiscal. ओपन / कमेंट

2023-04-24 21:30:00 Prime Minister Narendra Modi's push for an infrastructure upgrade to boost the economy has led to an unprecedented 50,000 kilometres of National Highways - the country's arteries - being added in the last 9 years, according to official data. ओपन / कमेंट

2023-04-24 20:49:57 Mankind Pharma IPO - Opening Tomorrow

Open: 25 April 2023
Close: 27 April 2023

Price Band: Rs 1026 - 1080
Lot Size: 13 Shares
Face Value: Rs 1

Registrar: KFinTech
Listing: NSE, BSE

QIB: 50%
NII: 15%
RII: 35%

Allotment: 03 May 2023
Listing: 09 May 2023

GMP: Rs 92-96 (+8.88%) ओपन / कमेंट