India Daybook – Stocks in News
Firstsource Solutions Ltd: Company partners with WebID Group to fortify platform safety and advance tech‐driven Trust & Safety solutions. (Positive)
NESCO: Company has been awarded a 30-year contract by National Highways Logistics Management Limited to develop and operate wayside amenities on the Hyderabad-Visakhapatnam Expressway. (Positive)
Uttam Sugar: Company’s credit ratings have been revised by CARE Ratings. Long-term bank facilities rating improved from BBB+ to A- (Positive)
Tata Motors: Company will increase commercial vehicle prices up to 2% from January 1st, 2025, to offset rising input costs. (Positive)
GNA Axles Limited: Company announced the commissioning of a 4 MW rooftop solar power plant at its Kapurthala facility. (Positive)
TT Limited: Company announced the imminent launch of its Howrah, West Bengal production facility. (Positive)
Shree OSFM E-Mobility: Company’s long-term bank loan rating upgraded to CRISIL BBB-/Stable from CRISIL BB+/Positive by CRISIL Ratings Limited. (Positive)
Bajel Projects: Bags order for Supply of Goods and Services Contract for EPC work for Establishment of new 400/200 KV Solapur Substation. (Positive)
GR Infraprojects: Gets Letter of Intent for a transmission project in Karnataka from PFC Consulting; quoted price for the project is at ₹107.7 cr/annum. (Positive)
Pennar Industries: Company to enter into JV agreement with Zetwerk Manufacturing Businesses to manufacture & sale of solar modules & cells (Positive)
Quick Heal: Company to focus on growth with new product launches (Positive)
JK Tyre: Company said it has secured a €30 million long-term loan from DEG – Deutsche Investitions- und Entwicklungsgesellschaft (Positive)
Godrej Ind: Acquired 26% stake in Clean Max Kaze Private Limited. (Positive)
HAL: MoD signs contract worth Rs 13,500 Cr with HAL for procurement of 12 Su-30MKI Aircraft (Positive)
GHCL: Company received environmental clearance for the soda ash plant. (Positive)
Larsen: Indian Light Tank manufactured by company, achieves major milestone by firing at high altitude (Positive)
Mazdock: Thyssenkrup Marine Systems is a partner of Mazagaon Docks. (Positive)
Power Grid: Company declared a successful bidder for two transmission projects. (Positive)
USL/UBL: India and U.K. are expected to hold next round of talks for a proposed FTA in January. (Positive)
AWL/Patanjali: India's edibleoil import rises 38.5% to 15.9 lakh tonne in November. (Positive)
VBL: India now an anchor market says Pepsico, co rolls out new global restructuring plan amid challenges in its top markets (Positive)
Ashok Leyland: Company said it has won an order from the TNSTC to supply 1,475 BSVI diesel passenger bus chassis (Positive)
Gopal Snacks: Company announced a temporary operational suspension at its Metoda, Rajkot manufacturing plant due to a fire incident (Neutral)
Veefin Solns: Company Arm acquires 50% stake in Walnut AI for $2 million. (Neutral)
NACL Industries: Company board approves issuance of 6.9 Million warrants at Rs 58 each, board approves issuance of 1.7 Million shares at Rs 58 each (Neutral)
Swati Projects Ltd: Company acquired 76% stake in Radhashree Apartments Pvt Ltd (Neutral)
Fiem Industries: Company announced the resignation of Mr. Bhupinder Pal Singh, President, and effective December 14, 2024 (Neutral)
Reliance Infra: The Supreme Court issues notice for contempt proceedings against DAMEPL and Axis Bank. (Neutral)
Kalpataru Projects: Company to Raise Up to ₹1,000 Cr via QIP, Issue Price At ₹1,201/sh. (Neutral)
Tata Motors: Company announced that it will increase the prices of its CVs starting January 1, 2025. (Neutral)
Firstsource Solutions Ltd: Company partners with WebID Group to fortify platform safety and advance tech‐driven Trust & Safety solutions. (Positive)
NESCO: Company has been awarded a 30-year contract by National Highways Logistics Management Limited to develop and operate wayside amenities on the Hyderabad-Visakhapatnam Expressway. (Positive)
Uttam Sugar: Company’s credit ratings have been revised by CARE Ratings. Long-term bank facilities rating improved from BBB+ to A- (Positive)
Tata Motors: Company will increase commercial vehicle prices up to 2% from January 1st, 2025, to offset rising input costs. (Positive)
GNA Axles Limited: Company announced the commissioning of a 4 MW rooftop solar power plant at its Kapurthala facility. (Positive)
TT Limited: Company announced the imminent launch of its Howrah, West Bengal production facility. (Positive)
Shree OSFM E-Mobility: Company’s long-term bank loan rating upgraded to CRISIL BBB-/Stable from CRISIL BB+/Positive by CRISIL Ratings Limited. (Positive)
Bajel Projects: Bags order for Supply of Goods and Services Contract for EPC work for Establishment of new 400/200 KV Solapur Substation. (Positive)
GR Infraprojects: Gets Letter of Intent for a transmission project in Karnataka from PFC Consulting; quoted price for the project is at ₹107.7 cr/annum. (Positive)
Pennar Industries: Company to enter into JV agreement with Zetwerk Manufacturing Businesses to manufacture & sale of solar modules & cells (Positive)
Quick Heal: Company to focus on growth with new product launches (Positive)
JK Tyre: Company said it has secured a €30 million long-term loan from DEG – Deutsche Investitions- und Entwicklungsgesellschaft (Positive)
Godrej Ind: Acquired 26% stake in Clean Max Kaze Private Limited. (Positive)
HAL: MoD signs contract worth Rs 13,500 Cr with HAL for procurement of 12 Su-30MKI Aircraft (Positive)
GHCL: Company received environmental clearance for the soda ash plant. (Positive)
Larsen: Indian Light Tank manufactured by company, achieves major milestone by firing at high altitude (Positive)
Mazdock: Thyssenkrup Marine Systems is a partner of Mazagaon Docks. (Positive)
Power Grid: Company declared a successful bidder for two transmission projects. (Positive)
USL/UBL: India and U.K. are expected to hold next round of talks for a proposed FTA in January. (Positive)
AWL/Patanjali: India's edibleoil import rises 38.5% to 15.9 lakh tonne in November. (Positive)
VBL: India now an anchor market says Pepsico, co rolls out new global restructuring plan amid challenges in its top markets (Positive)
Ashok Leyland: Company said it has won an order from the TNSTC to supply 1,475 BSVI diesel passenger bus chassis (Positive)
Gopal Snacks: Company announced a temporary operational suspension at its Metoda, Rajkot manufacturing plant due to a fire incident (Neutral)
Veefin Solns: Company Arm acquires 50% stake in Walnut AI for $2 million. (Neutral)
NACL Industries: Company board approves issuance of 6.9 Million warrants at Rs 58 each, board approves issuance of 1.7 Million shares at Rs 58 each (Neutral)
Swati Projects Ltd: Company acquired 76% stake in Radhashree Apartments Pvt Ltd (Neutral)
Fiem Industries: Company announced the resignation of Mr. Bhupinder Pal Singh, President, and effective December 14, 2024 (Neutral)
Reliance Infra: The Supreme Court issues notice for contempt proceedings against DAMEPL and Axis Bank. (Neutral)
Kalpataru Projects: Company to Raise Up to ₹1,000 Cr via QIP, Issue Price At ₹1,201/sh. (Neutral)
Tata Motors: Company announced that it will increase the prices of its CVs starting January 1, 2025. (Neutral)
NHPC: Company said its board of directors has approved a revised borrowing plan to raise up to ₹6,900 crore. (Neutral)
Adani Green: Adani Renewable Energy Holding Nine, incorporates three wholly-owned subsidiaries. (Neutral)
Zomato: Company faces GST demand of Rs 800 Cr with penalty. (Negative)
Greenply: Greenply Speciality Panels, situated at Vadodara, Gujarat, is closed w.e.f. December 11, 2024, due to breakdown of machinery. (Negative)
Adani Green: Adani Renewable Energy Holding Nine, incorporates three wholly-owned subsidiaries. (Neutral)
Zomato: Company faces GST demand of Rs 800 Cr with penalty. (Negative)
Greenply: Greenply Speciality Panels, situated at Vadodara, Gujarat, is closed w.e.f. December 11, 2024, due to breakdown of machinery. (Negative)
Forwarded from WICK Chronicles with KS
🔼 "Hooray!" and 🔽 "Oops!" moments are like waves - they come and go.
🔍 Zoom out to see the full picture; don't get caught in the splash!
⏳ Time is our ally; it smooths out the market's waves, leading us toward growth.
Stay cool, stay invested, and let's surf these market waves together! 🌊💼
🔍 Zoom out to see the full picture; don't get caught in the splash!
⏳ Time is our ally; it smooths out the market's waves, leading us toward growth.
Stay cool, stay invested, and let's surf these market waves together! 🌊💼
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