Indian Stock Market

2023-05-17 04:54:15 STOCKS IN ACTION 17 MAY

Bharat Petroleum Corporation: The company will set up an ethylene cracker project at Bina Refinery in Madhya Pradesh with a capex outlay of Rs 49,000 crore. It will set up 50 MW wind power plant for captive consumption at Bina Refinery and Mumbai Refinery in Maharashtra, with total project cost of Rs 978 crore. It will also build petroleum oil lubricants and lube oil base stock storage installatio

MRF: The company has signed a purchase agreement with First Energy 4 for acquisition of 19.1% stake and purchasing solar power. The acquisition will be done for a cash consideration of Rs 1,3.09 crore.

Aurobindo Pharma: The company received tentative approval from U.S. FDA for its Abacavir tablets, used in treatment of HIV infection.

KPI Green Energy: The company and its subsidiary KPIG Energia received commissioning certificates from Gujarat Energy Development Agency for solar power projects with a cumulative capacity of 10.18 MW, to be set up for five clients.

One 97 Communications: The parent company of Paytm appointed Bhavesh Gupta as president and chief operating officer.

Reliance Industries: Jio-bp, the fuel vending joint venture between Reliance Industries and bp, launched premium diesel fuel at a price below that charged by state-run oil companies.

HEROMOTO CORP: CO LAUNCHES ALL-NEW OBD-II & E20 COMPLIANT ADVENTURE MOTORCYCLE, XPULSE 200 4 VALVE || CO SAYS BASE AND PRO, THE XPULSE 200 4V IS AVAILABLE AT CO DEALERSHIPS AT AN ATTRACTIVE PRICE OF INR. 1,43,516/- (BASE) AND INR 1,50,891/- (PRO) ओपन / कमेंट

2023-05-16 05:30:08 ओपन / कमेंट

2023-05-16 05:28:56 STOCKS IN ACTION 16 MAY

Ultratech Cement: Ultratech Nathdwara Cement, the company’s wholly owned subsidiary commissioned a brownfield cement facility with annual capacity of 0.8 million tonnes in Neem Ka Thana, Rajasthan. The company’s total grey cement manufacturing capacity now stands at 129.95 million tonnes per annum

Wipro: The company will integrate its cloud computing framework with Google Cloud’s Rapid Migration Program, together with artificial intelligence and automated tooling, to accelerate cloud adoption among its clients.

HCL Technologies: The company expanded its partnership with SAP, becoming a customer of and a global strategic service partner for SAP SuccessFactors Human Experience Management Suite.

NIIT: The company bought remaining 10% stake in RPS Consulting for a fixed consideration of Rs 15 crore, and a performance based earnout consideration of up to Rs. 3.71 crore, payable over the next two years. NIIT now owns 100% stake in RPS Consulting.

Punjab & Sind Bank: The bank will hike marginal cost of funds based lending rates for overnight, one-month, and six-month tenures in the range of 5-10 basis points. Lending rates for three-month and one-year tenures have been kept unchanged.

HDFC Bank/HDFC: Markets regulator SEBI has approved change in control of HDFC Capital Advisors, a subsidiary of HDFC and a co-investment portfolio manager, pursuant to the merger of the two companies.

Vedanta: The company appointed Sonal Shrivastava as the chief financial officer, effective June 1, it said in a statement.

REPRO_INDIA: LARGE TRADE MALABAR INDIA FUND LIMITED Sold 512,000 Shares @ Rs 425/ Share
MADHURI KELA Bought 475,000 Shares

HOME_FIRST_FINANCE: LARGE TRADE @ Rs 700
ORANGE CLOVE INVESTMENTS Sold 18,85,714 Shares
AETHER MAURITIUS Sold 11,31,428 Sh
TRUE NORTH FUND Sold 16,97,143 Sh
GOVERNMENT PENSION FUND GLOBAL Bought 21,00,000 Shares
SOCIETE GENERALE Bought 710,000 Shares

ETHOS: LARGE TRADE Promoter Entity YASHOVARDHAN SABOO Sold 1.5 Lakh Shares @ Rs 1253/ Share ओपन / कमेंट

2023-05-15 19:29:12 #PVR reports #Q4 results

One-time loss of Rs 10.8 cr

-Net loss at ₹333.4 cr

-Revenue at ₹1,143.2 cr vs CNBC-TV18 poll of ₹1,192 cr

-EBITDA at ₹263.9 cr vs CNBC-TV18 poll of ₹216 cr

-Margin at 23.1%

Alert: Q4FY23 is the first quarter for PVR-INOX merged entity

Board approves raising up to Rs 100 cr via NCDs ओपन / कमेंट

2023-05-15 05:42:06 Biggest company in the world, 2023 (by revenue)

1. Walmart: $611 billion
2. Saudi Aramco: $604 b
3. Amazon: $524 b
4. Sinopec: $484 b
5. PetroChina: $462 b
6. Exxon Mobil: $394 b
7. Apple: $385 b
8. Shell: $384 b
9. UnitedHealth: $333 b
10. CVS Health: $330 b ओपन / कमेंट

2023-05-11 06:53:54 Agri exports on the growth

• Non Basmati Rice $6.35 Bn
• Basmati Rice $4.78 Bn
• Other Processed food $4.38 Bn
• Livestock products $4.02 Bn
• Fruits & Vegetables $1.78 Bn

Total for FY23 grew by 9.3% ओपन / कमेंट

2023-05-11 06:53:39 ओपन / कमेंट

2023-05-11 04:45:20 STOCKS IN ACTION 11 May

Rattanindia Enterprises: Approved Raising Of Fund
To Raise Funds Up To 1000 Cr Rupees

Rail Vikas Nigam/Siemens: The consortium of the two companies received an order worth Rs 300.11 crore from Mumbai Metropolitan Region Development Authority for design, manufacture, supply, installation, testing and commissioning of two 110KV receiving substations for main line and depot of Mumbai Metro line 2B. Siemens is the lead consortium partner with 60% share, and RVNL holds 40% share.

KPI Green Energy: Says Received The Order For Execution Of Solar Power Project Of 35 MW Capacity From Creative Technologies Through Co Unit M/S. KPIG Energia Pvt Ltd, Under ‘Captive Power Producer (Cpp)’ Segment Of The Company

Zydus Lifesciences: Receives EIR For Pre-Approval Inspection (Pai) At Manufacturing Facility In Moraiya, Ahmedabad

HDFC AMC: Final approval has been granted by SEBI for HDFC AMC control change

CSB Bank: Satish Gundewar has been appointed as chief financial officer of the company effective June 5, 2023, following resignation of BV Divakara.

Larsen & Toubro: AM Naik will step down as non-executive chairman of the company from Sept. 30, and will be conferred the status of chairman emeritus. SN Subrahmanyan, the chief executive officer & managing director, has been re-designated as the chairman and managing director of the company, with effect from Oct. 1, 2023.

Oil India: Stimul-T, the owner of Project License-61 oil block in Tomsk, Russia, has filed for bankruptcy. Oil India owns 50% stake in WorldAce tnvestment, the parent company of Stimul-T, through its subsidiary Oil India International BV. Meanwhile, the Numaligarh refinery allotted 20.03 crore partly paid-up shares to the company on May 10 at Rs 110 per share, taking its stake in the refinery to 7

SpiceJet owes $8.5 mn to lessor Gasl Ireland Leasing, says UK court ओपन / कमेंट

2023-05-11 04:45:13 VEDANTA: INDIA SAID TO REOPEN 80,000 CRS CHIP INCENTIVE AND ASSITANCE TO ENCOURAGE CHIP MANUFACTURING IN INDIA: BBG ओपन / कमेंट

2023-05-10 12:07:46 Venky’s reports #Q4 earnings

Net profit down 56.1% at ₹25.2 cr vs ₹57.4 cr (YoY)

Revenue down 15.2% at ₹1,042.5 cr vs ₹1,229.3 cr (YoY)

EBITDA down 60.6% at ₹34 cr vs ₹86.1 cr (YoY)

EBITDA margin at 3.3% vs 7% (YoY) ओपन / कमेंट