Stocks to watch- Tata Motors: The company reported JLR wholes | Neeraj Joshi

Stocks to watch-

Tata Motors: The company reported JLR wholesales at 4 lakh units, up 25% YoY, for the end of FY 24, while JLR retail sales is up 22% at 4.3 lakh units and for the end of quarter fourth JLR wholesales stood at 1.1 lakh units, up 16% YOY, JLR retail sales at 1.1 lakh units, up 11% YoY.

Axis Bank: Bain Capital is looking to sell its entire stake in Axis Bank through a block deal.

Yes Bank: The company received Rs 244 crore from a single trust in the Security Receipts Portfolio after the sale of NPA Portfolio to JC Flower ARC in December 2022.

Gland Pharma: Shareholder Nicomac Machinery and RP Advisory Services plan to sell up to 4.9% stake in the company at a floor price of Rs 1,725 apiece which represents a discount of 7.34% from current market price.

Shilpa Medicare: The company has opened its qualified institutional placement and set the issue price at Rs 477.33 apiece which indicates a 10% discount to current market price. The QIP will result in equity dilution of 11.24% after the issue.

Sula Vineyards: The company recorded double- digit revenue growth in the fourth quarter as well as the whole of FY24. Net revenue grew by 10% YoY to Rs 131.8 crore in Q4, sales from own brands was up 9% at Rs 113 crore, and wine tourism stood at Rs 16.4 crore, up 31%. It also announced the acquisition of N D Wines.

Dilip Buildcon: The company received order worth of Rs 1,092 crore from Haryana Rail Infrastructure Development Corp on EPC mode.

Rail Vikas Nigam: The company has incorporated a subsidiary company "RVNL INFRA MIDDLE EAST" in Oman.

SJVN: The company's arm SJVN Green Energy signed a joint venture agreement with Assam Power Distribution Company to develop renewable energy projects, parks. The arm will hold 51% shareholding in joint venture company.

Paisalo Digital: The company will hold it board meeting on April 12 to consider fundraising through allotment of NCDs through Private Placement basis.