Indian Stock Market

2023-07-17 06:18:54 Som Distilleries and Breweries: The company will consider and approve, on Aug. 5, to issue of up to 2.5 lakh equity shares on a preferential and private placement basis to an identified non-promoter entity

JK Lakshmi Cement : The company has made an additional investment in subsidiary company through equity subscription by rights issue. The unit, Udaipur Cement Works Ltd., has allotted 19.45 crore equity shares at a premium of Rs 14 per equity share leading to a  total consideration of Rs 350.12 crore. JK Lakshmi Cement’s holding is increased from 72.54% to 75%. 

Devyani International: The NCLT has approved the merger scheme of units Devyani Food Street Private and Devyani Airport Services (Mumbai) with Devyani International. 

Archean Chemical Industries : The company's Managing Director and Promoter Ranjit Pendurthi has acquired 16.08 lakh equity shares comprising 1.31 % of the paid-up share capital of the company. Post acquisition, total shareholding of the managing director is 22.97 % of the paid-up share capital of the company. 

Central Bank of India: The central government has nominated Charulatha Kar as Director on the board of Central Bank of India with immediate effect.

Ircon International : The company has commissioned the first phase upgradation work of railway line from Maho to Omanthai Track Rehabilitation Project from Sri Lanka Railways.

Punjab National Bank: Uma Sankar has been nominated as a director on the Board of the Bank with immediate effect and until further orders, in place of Anil Kumar Misra. 

Vyasa Bank: RBI nods for B Ramesh Babu's reappointment as Karur Vyasa Bank's MD, CEO

SBICards: Seema Kapahi resigns as Chief People Officer of the company w.e.f. July 14, 2023

TTK Prestige: says due to heavy rain and floods ops at manufacturing unit at Roorkee, Uttarakhand have been disrupted
Expect loss of production for about 4 days

Concor to be excluded from F&O

Angel One is now prohibited from adding any new Authorized Persons (sub-brokers) for 6 months and to face inspection of operations of all APs
Angel One has the highest number of APs (21,000) among brokers ओपन / कमेंट

2023-07-17 06:18:35 STOCKS IN ACTION 17 July

Veranda Learning Solutions: says approved issue of up to 7.6M shares, at a price of 187 rupees per share

Aarti Drugs to consider share buyback

Lupin’s US arm Lupin Inc. receives US FDA approval for its Abbreviated New Drug Application Chlorpromazine Hydrochloride Tablets USP that used to treat symptoms of certain types of mental illness

PowerGrid's board approves investment plan for advanced meters of Rs 4067 Cr

Jubilant Ingrevia: issued commercial papers of 1.75B rupees

Manappuram Finance: says court allowed application by MD V P Nandakumar seeking stay on further proceedings in enforcement case

Suzlon Energy: secures an order of 100.8 MW from Ever Renew Energy
Order to supply 48 wind turbines with a rated capacity of 2.1 MW each

Adani Enterprises: Govt of Maharashtra has approved the Adani bid for Dharavi slum redevelopment project
Letter of award for the project to be issued soon - BQ Prime

Orissa Minerals Development Company: gets environment clearance for Bagiaburu Iron Ore Mines

Wardwizard Innovations & Mobility: Joy E-Bike associates with Gramin Sevikas and UNDP to deliver 200 electric two-wheelers

Nestle receives in-principal approval from the Industrial Promotion & Investment Corporation of Odisha Limited (IPICOL) for setting up a food processing unit at Mundaamba in Khordha with an investment of Rs. 894 crore

M&M & NXP signs MoU to drive next-generation smart electric mobility

Varanium Cloud: entered into a definitive agreement with Rolta Pvt Ltd to acquire its secured debt held in Rolta India - RTRS

Ircon International: says project commissioned by Minister of Transport and Highways, Sri Lanka
says commissioned 1st phase of project to upgrade railway line from Maho to Omantai, Sri Lanka

Happiest Minds: QIP issue sees participation from several cos

SBI hikes lending rates by 5 bps across tenures
India government nominates Ajay Kumar, Executive Director, Reserve Bank of India as director on Co's central board

GMR Airports Infrastructure: June total passenger traffic up 26% (YoY)
June total aircraft movements up 12% (YoY)

Den Networks: Q1 cons net profit 426M rupees vs 129M (YoY) Q1 revenue 2.73B rupees vs 2.8B (YoY) Q1 EBITDA 310M rupees vs 410M (YoY)
Q1 EBITDA margin 11.35% vs 14.47% (YoY)

Just Dial: Q1 SL net profit 834M rupees vs loss 483M (YoY) Q1 revenue 2.47B rupees vs 1.86B (YoY) Q1 EBITDA 366M rupees vs 84M (YoY)
Q1 EBITDA margin 14.82% vs 4.53% (YoY)

Avenue Supermarts: Q1 cons net profit 6.59B rupees vs 6.42B (YoY) Q1 revenue 119B rupees vs 100B (YoY) Q1 EBITDA 10.4B Rupees Vs 10.1B (YoY)
Q1 EBITDA Margin 8.72% Vs 10.04% (YoY)

HDFC Bank: says foreign investors hold 53.93% stake in merged entity Domestic mutual funds hold 19.13% stake in merged entity Domestic institutions hold a total 30.01% stake in merged entity
The lender has allotted 3,11,03,96,492 new equity shares of Rs. 1 each of HDFC Bank according to the share exchange ratio of 42 shares of HDFC Bank for every 25 shares of HDFC Ltd. The bank's paid-up share capital will increase from Rs. 559.17 crore to Rs. 753.75 crore post cancellation of promoter holding of 116.46 crore equity shares. HDFC Bank is a now publicly held company following

JSW Energy: Q1 cons net profit 2.89B rupees vs 5.60B (YoY) Q1 revenue 29.27B rupees vs 30.26B (YoY) Q1 EBITDA 12.25B rupees vs 10.24B (YoY)
Q1 EBITDA margin 41.84% vs 33.84% (YoY)

JK Lakshmi Cement: unit Udaipur Cement Works allotted shares for total consideration of 3.5B rupees to Co
Co's holding in UCWL has increased from 72.54% to 75% of equity share capital

Tata Steel Long Products: Q1 SL net loss 364.9M rupees vs loss 3.31B (YoY) Q1 revenue 19.1B rupees vs 19.94B (YoY) Q1 EBITDA profit 1.46B rupees vs loss 680.3M (YoY)
Q1 EBITDA margin 7.63% vs -3.41% (YoY)

Metropolis Healthcare: Q1 core business revenue growth 12% (YoY) Q1 total rev. from ops 'marginally negative' (YoY) Q1 core business volume growth 13% (YoY) ओपन / कमेंट

2023-07-06 10:17:11 Vedanta subsidiary Hindustan Zinc board to meet on 08 July, 2023 to consider interim dividend.

Record date for dividend if declared 15 July, 2023. ओपन / कमेंट

2023-07-06 06:01:21 ओपन / कमेंट

2023-07-06 06:01:11 ओपन / कमेंट

2023-07-05 19:45:36 Cyient DLM IPO Allotment out


https://ris.kfintech.com/ipostatus/ ओपन / कमेंट

2023-07-05 06:30:40 Today's IPO Event ओपन / कमेंट

2023-07-05 06:30:01 STOCKS IN ACTION 5 JULY

LTIMindree: The company will replace HDFC Ltd. in Nifty 50 after mega HDFC merger. It will move from Nifty Next 50 to Nifty 50. The replacement will come into effect on July 13. The replacement will also be applicable to Nifty50 Equal Weight index.

Samvardhana Motherson International: The company, via unit SMRP B.V., will buy 81% stake in Yachiyo's 4W business, housed under Japan's Yachiyo Industry Co. Ltd. The stake is valued at JPY 22.9 billion (Rs 1,301 crore) for 100% stake. Honda Motor will own 19%, making it 81:19 joint venture.

Jindal Steel & Power: The company will replace HDFC in Nifty 100.

Mankind Pharma: The company will replace HDFC in Nifty 500, Nifty 200, Nifty Large Midcap 250 and Nifty Total Market

LIC Housing Finance: The company will replace HDFC in Nifty Financial Services.

Phoenix Mills: The company will replace HDFC in Nifty Housing.

Brigade Enterprises: The company will replace HDFC in Nifty Core Housing

Ambuja Cements: The company will replace HDFC in Nifty High Beta 50.

State Bank of India: The lender has approved to acquired entire stake held by unit SBI Capital Markets in SBICAP Ventures for a cash consideration of Rs 708.07 crore.

Bandhan Bank: Bandhan Bank Chief Financial Officer Sunil Samdani has resigned, with effect from Sept. 30, and decided to explore professional opportunities outside the bank. The bank is in the process of identifying a suitable candidate for the office of CFO.

Syngene International, Strides Pharma: Stelis Biopharma, the biologics arm of Strides, has signed a binding term sheet with Syngene International Ltd. to divest its Unit 3 multi-modal facility in Bengaluru for a gross consideration of Rs 702 crore. Syngene further invest up to Rs 100 crore to repurpose and revalidate the facility. The site will have a manufacturing capacity of 20,000 litres of ins

Bharat Heavy Electricals: The company has extended its gas turbines technology agreement with General Electric Technology GmbH Switzerland. Under this extension, BHEL has gained access and enhanced rights for existing, uprated and new gas turbine models.

Aurobindo Pharma: Company’s breast cancer biosimilar product, BP02 Trastuzumab, developed by unit Curateq Biologics has met its primary endpoint in Phase III clinical trials and has shown equivalent efficacy to Herceptin biosimilar.

Bata India: The company has approved the appointment of Anil Ramesh Somani as chief financial officer for a period of five years from April 25, 2023.

Manali Petrochemicals: The company has inked two captive power agreements with two separate units of First Energy for procurement of wind power and solar power for a total consideration of Rs 356.4 lakh.

HPCL Rajasthan Refinery Limited executes a loan agreement under a consortium arrangement for Rs 48,625 crore

Som Distilleries to consider raising funds via equity warrants on July 8

RBLBank Q1 Biz Update: Total deposits up 8% at Rs 85,638 cr Vs Rs 84,887 cr (QoQ)

AU Small Fin Bank Q1: Total deposits up 27% at Rs 69,315 cr Vs Rs 54,631 cr (YoY)

Hewlett Packard Enterprise announces its plans to begin manufacturing high-volume servers in India

Lemon Tree signs licence pact For A 48-room Property In Udaipur, Rajasthan

Macrotech Developers Q1 Biz Update: Pre-sales up 17% YoY & down 11% QoQ, at Rs 3,350 cr
Collections down 8% YoY & down 18% QoQ, at Rs 2,400 cr
Net debt down 18.1% at Rs 7,260 cr Vs Rs 8,860 cr (YoY)

SuzlonEnergy to consider fund raising on July 7 by way of one or more or combination of permissible methods

Lupin gets US FDA nod for its ANDA Dolutegravir tabs for oral suspension & to market generic equivalent of Tivicay PD tabs for oral suspension

IOC to consider raising funds via RightsIssue on July 7 ओपन / कमेंट

2023-07-05 06:29:44 ओपन / कमेंट

2023-07-05 06:29:33 PKH Ventures IPO withdrawn as the IPO was not fully subscribed. ओपन / कमेंट