Saket Lohia

2021-12-31 06:26:00 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Thursday, 30 December

1 Kalptaru Power- Company has secured new orders / notifications of award of Rs. 1,560 Cr

2 Rama Steel- Procures orders from UPPCL to the tune of 580 MT aggregating to Rs.43.3 million

3 Seamec- "SEAMEC Gallant" is scheduled for Statutory Drydocking at Oman Dry Dock Company, Oman

4 Nitin Spinners- Capital Expenditure of Rs. 950.00 Cr on expansion project

5 Kerbs Biochemicals- Approved allotment of NCPS of 100 Cr

6 Route Mobile- Approved the Scheme of Amalgamation by way of merger by absorption, of Start Corp India Private Limited with Send Clean Private Limited

7 Repco Home- Shri Yashpal Gupta was appointed as the Managing Director & Chief Executive Officer of the Company

8 Biocon- Biocon Biologics Partner Viatris Wins U.S. Court Decisions on Sanofi Appeals for Lantus Device Patents

9 Power Grid Corp- Investment of 322 Cr in Data Center Business.

10 NTPC- Approval for discontinuance of operation of Muzaffarpur Thermal Power Station (MTPS), Stage-I (2X110 MW) of Kanti Bijlee Utpadan Nigam Limited

11 PB Fintech- Approved investment of 700 Cr in Policybazaar Insurance Brokers and investment of 300 Cr in Paisabazaar Marketing and Consulting.

12 Time Technoplast- Received order for supply of cascade composite cylinder for Rs 150 Cr. Open / Comment

2021-12-30 06:15:40 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Wednesday, 29 December

1 Amara Raja Batteries- To invest in InoBat Auto a European technology developer and manufacturer of premium innovative batteries for E-mobility.

2 Aurionpro Solutions- Another significant win in the Smart Transit space- selected as Solution Provider by the State Bank of India for Kanpur Metro Project

3 PG Electroplast- Begun manufacturing LED Televisions for two customers at its Greater Noida facility.

4 United Drilling- Received registration for design patents in United Kingdom which is valid for a period of 5 years.

5 BASF India- Agreement to divest its manufacturing site in Quincy, Florida and the associated attapulgite business for a purchase price of USD 60 million to Clariant.

6 MK Exim- Announced the distribution of new product 'K18 BIOMIMETIC HAIRSCIENCE' in FMCG Division.

7 Irb Infra- Designated Mr. Dhananjay K. Joshi as the Chief Executive Officer

8 Deep Industries- Received Letter of Award from GSPC LNG Limited (GLL) for hiring of Gas Compression Service.

9 Kimia Bioscience- Company has been recognized/validated for supply of pharmaceutical raw material ('Bilastine') to Bangladesh. Open / Comment

2021-12-29 06:20:35 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Tuesday, 28 December

1 Jammu & Kashmir Bank- Appointed Mr. Baldev Prakash as Managing Director and Chief Executive Officer

2 IFGL Refractories- Approved appointment of Mr James Leacock McIntosh as Managing Director of the Company.

3 NR Agarwal- Mr. Dipankar Rai has been appointed as the CFO of the Company

4 GR Infra- Emerged as L-1 bidder in Financial Bid for the tender invited by Noida Metro Rail Corporation for 593 Cr

5 Mishtan Foods- Signed MoU Government of Gujarat for the proposed project of manufacturing of grain based ethanol at Gujarat.

6 Visaka Industries- Granted a patent for our product 'ATUM' Solar Roof by the United States of America Patent Office.

7 Diamines Chemicals- Approval of sale of assets/undertaking i.e 2 Wind power projects/Windmills, 1250 KW each

8 Ajanta Pharma- Approved Buy-back of up to 11,20,000 fully paid-up Equity Shares at a price of Rs 2,550 per share

9 Greenlam- Approved raising of funds and issuance of Equity shares through QIP for an aggregate amount up to Rs. 500 Cr

10 ITI Ltd- Signs MoU with Motilal Nehru National Institute of Technology, Allahabad for Technology Collaboration

11 SKM Egg Products- Bagged export orders for 1,275 Metric tons of egg yolk powder from Russian customers. Open / Comment

2021-12-28 06:22:51 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Monday, 27 December

1 Bajaj Consumer- Launched a new Products "Bajaj 100% Pure Oils - Castor Oil, Olive Oil and Jojoba Oil".

2 Dynacons Systems- Wins Managed Services Order for IT Security Solutions from Punjab National Bank.

3 Axis Bank- RBI approved the re-designation of Rajiv Anand as the Deputy Managing Director of the Bank.

4 RBL Bank- RBL Bank Extends Co-Brand Credit Card Partnership with Bajaj Finance Limited.

5 Shyam Metaliks- Announces 20% increase in Sponge Iron manufacturing capacity, boosting from 1.39 MTPA to 1.67 MTPA

6 Great Eastern Shipping- Approved buyback of -up equity shares for an amount not exceeding ₹ 225 Cr for a price not exceeding ₹333/-

7 Maharashrta Seamless- Bagged Rs. 150.70 Cr orders from PSU Companies for supply of ERW and Seamless pipes.

8 Siemens- Awarded the contract for the electrical and mechanical system works of the project by Pune IT City Metro Rail Limited

9 Meghmani Organics- Made upfront payment of Rs. 131.76 Cr regarding acquisition of Kilburn Chemicals and received the possession of Kilburn Chemicals.

10 Bhatiya Communications- Recommended the Split/Sub-division of shares from Face Value of Rs. 10/- each to Face value of Re. 1/- each.

11 Greenpanel Ind- Manufacturing operations at Company's MDF plant at Rudrapur, Uttarakhand resumed on December 26, 2021 Open / Comment

2021-12-27 06:04:09 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Saturday- Sunday, 25-26 December

1 Kabra Extrusiontechnik- Capex of upto Rs. 100 Cr for expansion of Battery Division.

2 Firstsource Solution- Completed acquisition of 100% stake in The StoneHill Group, Inc.

3 Ashoka Buildcon- Sale of the entire share capital held in the five subsidiaries for an aggregate consideration of Rs.1337 Cr.

4 RBL Bank- Appointed Mr Rajeev Ahuja (currently the Executive Director) as interim Managing Director & Chief Executive Officer Open / Comment

2021-12-25 09:08:17 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Friday, 24 December

1 Mindteck India- Announced another project win from a leader of mass spectrometry solutions.

2 Lupin- Lupin Receives Tentative Approval from U.S. FDA for Azilsartan Medoxomil Tablets

3 Marathan Nextgen- Allotment of NCDs for a value of Rs.385 Cr on Private Placement basis

4 Rama Steel- Capacity Expansion of Additional 30,000 MT at Khopoli Plant, Maharashtra

5 Century Plyboard- Laid foundation stone for the company’s greenfield wood panel manufacturing project, first phase production to start within March, 2023.

6 Vishvaraj Sugar- Received approval for pharma grade sugar.

7 Adani Transmission- Awarded 400 kV Karur Transmission Project for evacuation of renewable power.

8 PI Industries- Dr. Raman Ramachandran step down from his executive role of Managing Director and CEO.

9 Krsnaa Diagnostics- Inaugurated Diagnostics Centers under Punjab Radiology and Pathology Project.

10 Timex Group- Acquired licence rights for Guess and Gc brand Open / Comment

2021-12-24 06:21:06 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Thursday, 23 December

1 L&T Finance- Approved sale of 100% holding in L&T Investment Management Limited to HSBC Asset Management for USD 425 million.

2 Allcagro Logistics- Approved demerger of Container Freight Station/Inland Container Depots and any other related logistics businesses of the Company into Allcargo Terminals Private Limited.

3 Gpt Infra- Company bags order of 56 Cr.

4 TVS Motor- Launched Race Performance (RP) series, TVS Apache RTR 165 RP is the first product to be launched under the Race Performance series.

5 Hero Moto- Upward revision of prices from Jan 4, 2021.

6 Man Industries- Received new orders worth approximately Rs. 225 Cr.

7 Jindal SAW- JV Agreement with Hunting Energy Services Pte Ltd to set up a world class, state of the art precision machine shop.

8 Nucleus Software- Contract for its retail loan origination system by Joint Stock Commercial Bank for Foreign Trade of Vietnam.

9 Surya Roshni- Obtained order amounted to Rs. 124.35 Cr for supply of API 3LPE Coated Pipes for LPG Pipeline. Open / Comment

2021-12-23 06:29:09 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Wednesday, 22 December

1 Zee Entertainment- Agreements to merge ZEEL with and into SPNI and combine their linear networks, digital assets, production operations and program libraries.

2 Mindtek India- Win of a new project from an analytical instrument client.

3 Quess Corp- Investment in Monster.com (India) Private Limited by Meridian Investments and Volrado Venture Partners Fund II

4 Gujarat Flurochemicals- Incorporated GFCL EV Products Limited as wholly owned Subsidiary Company.

5 Cadila Healthcare- Receives tentative approval from USFDA for Pimavanserin Tablets

6 ABB India- Divest its turbocharger business in the Process Automation business segment.

7 Modi Natural- Forays into ethanol manufacturing, plans to invest Rs. 250 Cr in the next two years

8 PSP Project- Granted a Consent to Establish (NOC) for setting up of Industrial Plant for Manufacturing of Precast.

9 HFCL- Received the Purchase Order of Rs.119.14 Cr, from one of the network and engineering service provider.

10 Gpt Infra- Bags Order Valued at Rs.187.81 Cr for Construction of Cable Stayed Road over Bridge. Open / Comment

2021-12-22 06:30:45 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Tuesday, 21 December

1 Piramal Enterprise- Acquired 27.78% stake in Yapan Bio Private Limited

2 Singer India- Sold remaining 57.6% stake in RHIB to 2 UK private equity investors

3 Globus Spirit- Commencement of commercial production at the enhanced capacity in the West Bengal Unit of the company

4 Prakash Industries- Appointment of Shri Deepak Mishra as Chief Financial Officer.

5 Shilpa Medicare- Launched PRUCALSHIL (Prucalopride) Orally Disintegrating Strips 1 mg and 2 mg' in India.

6 Exide Industries- Setting up a green field multi-gigawatt Li-ion cell manufacturing facility in India

7 Oriental Carbon- Commissioned its First Phase (5500 MTPA Capacity) of its project for expansion of Insoluble Sulphur production capacity.

8 Central Bank- Co lending partnership with Ugro Capital for MSME sector

9 HCL Technologies- Signed a five-year agreement with CEMEX to deliver the next generation of employee services enabled by digital transformation.

10 Vascon Engineers- Received Letter of Award amounting to approximately Rs. 199 Cr from Vedanta Limited Open / Comment

2021-12-06 06:39:52 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

4-5 December

1. Brightcom Group Ltd Allotment of Equity Shares on a preferential basis towards an impending acquisition of an Indian Ad-Tech firm

2. Indiabulls Housing Finance Ltd Public issue by the Company of non-convertible debentures for an amount up to Rs.200 crores

**3. Carborundum Universal Ltd **To acquire an existing company in Germany which will become a step-down subsidiary of CUMI

**4. Greenlam Industries Ltd **Acquisition of shares of HG Industries Limited Open / Comment