Stock Market Line📈📉

2023-03-11 16:02:31 ADANI PORTS : Adani Agri Logistics Limited (“AALL”), step down subsidiary of the Company has incorporated a WOS
namely “BU Agri Logistics Limited” on March 11, 2023.

BU Agri will develop and operate
state-of-the-art silo complex at
various locations across India ओपन / कमेंट

2023-03-10 06:10:01 ओपन / कमेंट

2023-03-10 05:14:25 STOCKS IN ACTION 10 MARCH

Reliance Industries: Reliance Consumer Products, the consumer goods arm of Reliance Retail Ventures, will relaunch the iconic beverage brand Campa with a fresh look. Also, Reliance Polyester, formerly known as Reliance Petroleum Retail, completed the acquisition of polyester business of Shubhalakshmi Polyesters and Shubhlaxmi Polytex.

Bank of Baroda: The board of the bank approved divestment of 49% stake in its wholly owned cards subsidiary BOB Financial Solutions.

Jubilant FoodWorks: Sameer Batra joined the company as president and chief business officer–Domino’s India with effect from March 9, 2023. He will be responsible for steering Domino's Pizza India to its next phase of growth.

Ujjivan Small Finance Bank: The bank has received observation letters from BSE and NSE for the merger of Ujjivan Financial Services, enabling it to proceed with filing the scheme of amalgamation with the NCLT.

REC: The board has approved raising Rs 1.2 lakh crore from various debt instruments for the financial year 2023-24.

Wipro: The company has been selected by Menzies Aviation, the world’s largest aviation services company, to transform its air cargo management services.

Welspun Corp.: Welspun DI Pipes, a wholly owned subsidiary of the company, received the ‘Kitemark’ certificate from British Standards Institution, U.K. for size range of 100 to 1,000 DN against EN 545 and ISO 2531 standards. These are the international standards for ductile iron pipes used for transportation of potable water.


NBCC (India): The company has received work order to construct new campus for Indian Institute of Foreign Trade at Kakinada for Rs 229.81 crore.

PNC Infratech: The company has been selected as the lowest bidder for two hybrid annuity highway projects for a cumulative bid project cost of Rs 2004.43 crore.

Zydus Lifesciences: The company received final approval form the U.S. FDA for Erythromycin tablets, which are used to prevent and treat infections in many different parts of the body

Infosys: The company collaborated with mobility specialist ZF to revamp its multi-echelon supply chain with SAP Integrated Business Planning and Infosys Cobalt.

IRB Infrastructure Developers: The company reported Rs 35.175 crore as toll collection revenue for February 2023, up 27% year-on-year.

Glenmark Life Sciences: The board will meet on March 16 to consider and declare interim dividend for the current fiscal.

PSP Projects: The company has received work orders worth Rs 123.38 crore in institutional, industrial and residential categories based in Ahmedabad, Gujarat.

Zydus Lifesciences gets final approval from US FDA for Erythromycin tablets that is used to treat a wide variety of bacterial infections

DREDGING CORPORATION: BAGS ORDER
Southern Naval Command, Kochi awarded the Annual Maintenance Dredging of Naval Channel at an estimated cost of Rs 64 Crores
Press release says company aiming at a record highest turnover of Rs 1000 Crores for this FY

HAL: To Consider Declaration on Second Interim Dividend

AJANTA_PHARMA: To Consider Proposal For BuyBack of Equity Shares

Hudco: Board Meeting On March 14 To Consider Raising Of Funds Upto 180b Rupees

Magellanic Cloud: Board Meeting On March 14th To Consider Issue Of Bonus Shares

Infosys: Co Collaborates With Mobility Specialist ZF To Revamp Supply Chain Operations

KDDL: Co Declared Interim Dividend Of 2 Rupees Per Share

Dish TV India: Jammu & Kashmir High Court Directed Co Shall Not Be Subjected To Account Audit Under Dth License Agreements By Govt

Apcotex Industries: Says Plant For Manufacturing Of Synthetic Latex Emulsion Polymers Has Been Commissioned And Commenced Commercial Production

@stockmarketline ओपन / कमेंट

2023-03-09 05:43:10 STOCKS IN ACTION 9 MARCH

State Bank of India: The bank raised Rs 3,717 crore through its third AT-1 bond issuance during the current financial year at coupon rate of 8.25%.

Bharat Forge: The company through its subsidiary Kalyani Powertrain inaugurated its first e-bike manufacturing facility at MIDC, Chakan with annual production capacity of 60,000 units and scalable to 1 lakh units.

Aptus Value Housing Finance India: The company denied being part of any negotiation to handover management control to Cholamandalam.

Sequent Scientific: The transaction contemplated under the agreement to acquire 100% stake in Tineta Pharma has not been materialised, and the acquisition will not happen.

Ramkrishna Forgings: The company incorporated a subsidiary—RKFL Engineering Industry—to implement the resolution plan under corporate insolvency resolution process for JMT Auto.

ISMT: R Poornalingam resigned as an independent director of the company, with effect from March 8, 2023.

Shriram Finance: Small Cap World Fund Inc buys 2.03 million shares in the company while Dynasty Acquisition (FPI) sells 8.35 million shares

Adani Green promoter creates pledge on 0.99% equity in favour of SBICAP Trustee on March 6

Adani Transmission promoter creates #pledge on 0.76% equity in favour of SBICAP Trustee on March 6

REC: Boardmeet Tomorrow To Consider Proposal of Market Borrowing Programme for 2023–24

POWER GRID: Boardmeet Tomorrow To Consider Issue of Bonds

VARDHMAN TEXTILES: Boardmeet Tomorrow To Consider Fund Raising Via NCDs upto Rs 150 Crores

MUTHOOT FINANCE: Boardmeet Tomorrow To Consider Fund Raising Via NCD Issuance

KDDL: Boardmeet Tomorrow To Consider Declaration of Interim Dividend

KIRLOSKAR OIL ENGINES: Large Trade Promoter Kulkarni’s Sold 2.56 Crore Shares @ Rs 322/ Share

JINDAL STAINLESS: EX DATE & RECORD DATE Tomorrow Amalgamation
Merger with JSL – Swap Ratio of 1:1.95
For each share of JSL Hisar shareholder to get 1.95 Shares of JSL
Deal to propel JindalStainless among the top 10 global stainless steel producers

Adani Power: Co Placed Under Short-Term Additional Surveillance

Adani Wilmar: Co Placed Under Short-Term Additional Surveillance

Shoppers Stop: Shiseido To Expand Its Brand Footprint In India Through Strategic Distribution Partnership With Co || Agreement With Co Unit Global Ss Beauty Brand

Sagar Cements: Co Says Consequent To Re-Constitution Of Board Of ACL, ACL Has Now Become A Subsidiary Company

@stockmarketline ओपन / कमेंट

2023-03-08 16:38:48 #MarketAtClose | #Market recovers from lows to close near day’s high, #financials top contributors

Market gains for 3rd straight session, #BSE companies add market cap of over ₹6 lakh crore in 3 days

#Sensex rises 124 points to 60,348 & #Nifty 43 points to 17,754 ओपन / कमेंट

2023-03-08 06:19:47 VEDANTA: Vedanta is planning to acquire an additional 6% in Hindustan Zinc - Etnow Report ओपन / कमेंट

2023-03-08 06:09:40 ओपन / कमेंट

2023-03-08 06:09:18 NTPC: The company saw 11.92% growth in electricity generation at 364.2 billion units between April 2022 and February 2023, compared to the country’s generation growth of 9.56%, Ministry of Power said. Its captive coal production in February stood at 2.6 million metric tonnes and the despatch during the month stood at 2.5 MMT, marking a robust growth of 80% and 87% respectively.

RBL Bank: The bank elevated Deepak Ruiya to the position of deputy chief financial officer, with effect from March 6, 2023. He will be responsible for all the functions as are executed by a CFO till an appointment is made to the office.

Coffee Day Enterprises: The Securities Appellate Tribunal stayed a SEBI penalty of Rs 26 crore against the company in a case of alleged fund diversion from seven subsidiaries to an entity related to the promoters.

@stockmarketline ओपन / कमेंट

2023-03-08 06:08:57 STOCKS IN ACTION 8 MARCH

LTIMindtree launches new delivery center in Krakow, Poland

Wipro open its Americas headquarters in East Brunswick, New Jersey

PVR opens 11 screen multiplex in Phoenix Marketcity, Chennai

Zee Entertainment enters into a settlement agreement with Indian Performing Right Society Limited (IPRS) by which all disputes and claims have been settled between the two

Power Grid board approves investment of approx Rs 524 cr for Eastern Region Expansion Scheme, to be commissioned by November, 2025 & investment of Rs. 3,546.9 cr to transmission system for Kurnool Wind Energy Zone/Solar Energy Zone, to be commissioned by Nov, 2024

HAL: Ministry of Defence signs contracts with Hindustan Aeronautics (HAL) for procurement of 70 HTT-40 trainer aircraft worth over Rs 6,800 cr and with L&T for acquisition of three Cadet Training Ships worth more than Rs 3,100 cr

Zydus: receives final approval from the US FDA for Lenalidomide Capsules, 2.5 mg and 20 mg
Alert: Lenalidomide is used to treat various types of Cancers

INDRAPRASTHA GAS
Signed Joint Venture agreement with Genesis Gas Solutions
Setting up India’s first Integrated Smart Meter Manufacturing Plant with Capital Expenditure of Rs 110 Crores
Plant shall have installed capacity to manufacture 1 Million Meters annually

ALLCARGO LOGISTICS:BOARDMEET OUTCOME Declaration of Interim Dividend of Rs 3.25/Share
Approves Acquisition Of 38.87% Stake In Contract Logistics Biz From Its Partners For Rs 373 Cr
Approves Sale Of 61.13% Stake In Non-Core Customs Clearance Biz For Rs 42 Cr

AJANTA_PHARMA: Board To Consider Buyback Of Shares On March 10 (This Week Friday)

NBCC: Bags Orders Worth Rs 541 Crores

STEL HOLDINGS:
Promoters acquired additional 3.7 Lakh Shares or 2.02% Stake from open Market
Increases stake from 61.22% to 63.24%

KRSNAA_DIAGNOSTICS: OPERATIONALISATION UPDATE
Company has operationalized 100 Pathology Collection Centers
Under "Hinduhridaysamrat Balasaheb Thakeray Chikitsa" for BMC Dispensaries and Hospitals in Mumbai in the month of January, 2023

SBI LIFE: BOARDMEET Tomorrow To Consider and Declare Payment of Interim Dividend On Equity Shares

BLUE STAR: Launches New Range Of Deep Freezers Manufactured At Company’s New Wada Factory

BANDHAN_BANK : Opened of its Mega Currency Chest in Kolkata
Will help the Bank in cash management for the 1,757 banking outlets and ATMs in the state of West Bengal
Bank's third mega currency chest, the other two being in Patna and Guwahati

SUN TV NETWORK: Boardmeet On 13-March To consider inter alia, declaration and payment of Interim Dividend if any, for the financial year 2022-23

UJJIVAN FINANCIAL SERVICES: Boardmeet On 10-March To consider the proposal of declaration of interim dividend for the financial year 2022-23

Sun Pharma: Completes Acquisition Of Concert Pharmaceuticals || Acquisition Adds Deuruxolitinib, A Potential Best-In-Class Oral Jak Inhibitor For The Treatment Of Alopecia Areata, To Co’s Global Dermatology Portfolio

Lumax Auto Technologies: Approved Investment Of Up To 2.25b Rupees In Securities Of Unit Lumax Integrated Ventures

Nettlinx: Recommended Bonus Share Issue In Ratio Of 1:1

Ashoka Buildcon: Co Gets Notification Of Award || Co Says Accepted Contract Value For Project Is 3.67b Rupees

Vardhman Special Steels: Co Says Started Mass Production Of Steel For Forging Companies Of Aichi Steel Corporation (Toyota)

Welspun Corp: Co Entered Into Agreement For Liquidation Of A Part Of Specified Assets Lying At Dahej Shipyard Of Company For 3.6b Rupees

KPI Green Energy: Co. Signed Long Term Hybrid Power Purchase Agreement For 1.845 MWAC Capacity Co. Signed Long Term Hybrid Power Purchase Agreement For 1.845 MWAC Capacity ओपन / कमेंट

2023-03-08 06:08:19 ओपन / कमेंट