2023-01-11 05:37:42
*Daybook – Stocks in News*
*PC Jeweller:* Company recorded a turnover of Rs 829.10 crore as compared to the turnover of Rs 600.18 crore during Q3FY23 (Positive)
*Bharti Airtel:* Airtel Africa acquires 4G, 5G spectrum for $316.7 million. (Positive)
*Adani Wilmar Q3:* Strong volume growth across all segments in Q3 (Positive)
*Defence stocks:* Defence acquisition council approves acceptance of necessity for 3 capital acquisition proposals (Positive)
*Uttam Sugar:* The company has increased its distillery capacity (ethanol) from 150 KLPD to 250 KLPD at Barkartpur plant (Positive)
*Sugar stocks:* Ethanol blending in petrol hiked from 1.5% to 10% since 2013-14: Govt. (Positive)
*Steel stocks:* Steel prices climb to three-month high of Rs 56,900 per tonne in Jan: SteelMint (Positive)
*Railtel:* International Holding Company, Gulf SWFs may go big on Adani Enterprises’ $2.5 billion FPO: ET Sources (Positive)
*Real estate companies:* Pent-up demand in real estate will continue in 2023: Knight Frank India (Positive)
*Tata Motors:* Unit completes acquisition of Ford India plant. (Neutral)
*Adani Ports:* Company and Gadot Group consortium complete acquisition of Haifa Port Company (HPC) from Israel Govt (Neutral)
*Bank of Baroda:* Bank to hike lending rates by 20-35 bps across tenures w.e.f. January 12 (Neutral)
*Reliance:* The company’s subsidiary Reliance Jio Infocomm will invest additional Rs 2,500 crore to deploy 5G network services in Assam (Neutral)
*Welspun Enterprises:* Company will trade ex-dividend in respect of its special dividend amounting to Rs 7.5 per share. (Neutral)
*Jet Freight:* The company’s shares will trade ex-rights in respect of its rights issue in the ratio of 1:1 offered at a price of Rs 16.25 apiece. (Neutral)
*Bilcare:* Ace investor Rekha Jhunjhunwala sold 7.94 lakh equity shares (Negative)
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