Saket Lohia

2022-04-02 08:04:58 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Friday, 1 Apr

1 SSWL- Achieved Net turnover of Rs. 365.73 Crs in March 2022 Vs Rs. 253.29 Crs in March 2021, recording a growth of 43.92 % YOY

2 Engineers India- Company and Numaligarh Refinery Limited have signed a MoU for development and commercialization of technologies.

3 Ge TD- Sale of the Global Engineering Operations Division to GE India Industrial Private Limited

4 Vikram Thermo- Approved Issue of Bonus shares in ration of 4:1

5 M&M Financials- Appointment of Anthony Heredia as MD & CEO on Mahindra Manulife Mutual Fund

6 SML Isuzu- Sales figure for the month of March 2022 stood at 1363 units, an increase of 43% YoY

7 Tata Power- Tata Power gets NCLT for the amalgamation of CGPL with Tata Power

8 Kansai Nerolac- Mr. Anuj Jain has been appointed as the Managing Director

9 Pearl Global- Mr. Pallab Banerjee, has been appointed as Managing Director

10 Sandhar Technologies- Company has secured machining business from TVS Motors Company Limited Open / Comment

2022-04-01 06:21:44 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Thursday, 31 March

1 HAL- CCS has approved procurement of LCH Limited Series Production at an estimated cost of Rs. 3887 Cr along with infrastructure sanctions worth Rs. 377 Cr

2 Paisalo Digital- To consider and approve sub-division/split of equity shares on 06/05/2022.

3 Gail- GAIL to buyback about 5. 70 Cr shares @ Rs 190 per share. Buyback price at 24% premium on previous day close price at NSE

4 Grasim- Renewcell and Birla Cellulose sign Letter of Intent for large scale circular fiber production

5 BDL- BDL and UAE firm exchange MoU to explore new business opportunities

6 La Tim Metal- To consider sub-divide/split the face value of equity shares of the Company on 8th April, 2022.

7 Adani Enterprise- Receipt of Letter of Award (LOA) from National Highways Authority of India for 2008 Cr. Open / Comment

2022-03-31 06:31:22 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Wednesday, 30 March

1 Hi-Tech Gears Approval of PLI application filed by the company.

2 BEL-**BEL signs contract worth Rs.3102 Cr with MoD for supply of Advanced Electronic Warfare

**3 Dilip Buildcon- Company has declared as L-1 bidder for a new HAM project worth Rs. 1589.00 Cr

4 Saregama- Scheme of Arrangement between the Company (Demerged company) and Digidrive Distributors Limited (Resulting company)

5 GR Infra- Company has received Letter of Award for five new projects for 5774 Cr

6 Birla Corp- RCCPL has started clinker despatch at its 3.90 million tons Greenfield Integrated Cement Plant at Mukutban

7 Orient Green Power- Appointment of Mr. T Shivaraman as Managing Director & CEO of the Company

8 Axis Bank- Purchase of the Citibank’s India Consumer Business from Citibank

9 Cosmo Films- Announced expansion by setting up CPP film production line at Aurangabad with annual rated capacity of 25,000 MT Open / Comment

2022-03-30 06:00:57 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Tuesday, 29 March

1 Bharti Airtel Acquired has acquired 127,105,179 equity shares (~ 4.7%) of Indus Towers Limited @ Rs 187.88 per share

2 Filatex India- Approved Buyback of its own fully paid equity shares at a price of Rs. 140/ for aggregate amount not exceeding Rs. 59.5 Cr

3 PNC Infra- Company being declared as the L1 (lowest) bidder for a Bid Project Cost of Rs. 1575.0 Cr

4 Goldiam Int- Company has received confirmed additional Export Orders worth of Rs. 60 Cr

5 Ashoka Buildcon- Company emerged as 'the Lowest Bidder' for the Project is Rs.1079 Cr

6 Welspun Corp- East Pipes has announced that it has won an order of SAR 497 Million

7 Lemon Tree- Company has signed a License Agreement for 132 room hotel project at Rishikesh in Uttarakhand

8 Interglobe Aviation- Appointment of Mr. Gaurav Negi as the Chief Financial Officer of the Company

9 Stride Pharma- Mr. Arun Kumar has been appointed as the Executive Chairperson & Managing Director

10 ONGC- Govt proposes to sell up to 94,352,094 Equity Shares (0.75%) of the Company on March 30, 2022 with an option to additionally sell 94,352,094 Equity Shares at floor price of Rs. 159. Open / Comment

2022-03-29 06:23:17 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Monday, 28 March

1 Shree Pushkar The trial production of new plant Unit 5 at D-10 District Ratnagiri is now fully ready to Commission.

2 Compuage Infocom- Compuage has entered into Distributor Agreement with Zoho Technologies Private Limited to place the Zoho product portfolio

3 Shree Cement- Started commercial production at Company's Clinkerisation Unit (KiIn-3) at Chhattisgarh having capacity of 4.0 Million Ton.

4 Adani Gas- Company has forayed into Electric Mobility by launching its first electric vehicle charging station (EVCS) in Ahmedabad.

5 GR Infra- Emerged as L-1 bidder for project cost of 1368.00 Cr

6 Tata Power- Tata Power and Rustomjee Group collaborate to set up EV Charging infrastructure across Mumbai Metropolitan Region

7 Kilpest India- Acquisition of 70% equity stake in HS Biolabs Ltd., Manchester, United Kingdom

8 SRF- Appointment of Mr. Ashish Bharat Ram as Chairman and Managing Director Open / Comment

2022-03-28 06:01:08 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Saturday-Sunday, 26-27 March

1 Nandan Denims Appointment of Mr. Mehul Shah as Chief Financial Officer.

2 Dilip Buildcon- Declared as L-1 bidder for a new HAM project under Karimnagar Warangal section in the state of Telangana, Order worth Rs. 1647 Cr

3 Baid Leasing- Approved split of existing equity share of the Company from 1 equity share into 5 equity shares

4 Va Tech Wabag- Mr. Rajiv Mittal, Managing Director & Group CEO has been appointed as an Executive Chairman

5 PVR- Approved scheme of amalgamation of Inox Leisure into PVR

6 Aster DM- MoU to set up Hospitals, Labs and Pharmacies in Tamilnadu. Open / Comment

2022-03-26 07:49:29 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Thursday, 24 March

1 Atul Ltd Approved Buy-back of fully paid up Equity Shares at a price not exceeding 11,000/ for amount 70 Cr

2 Vikram Thermo- To consider Issue Bonus Shares to the shareholders of the Company on 01st April, 2022.

3 Aurionpro Solution- Aurionpro announces an order win in Fintech, signs up deal in the USA market

4 Shiva Cement- Company has received environmental clearance for the purpose of expansion of Cement Plant

5 Responsive Industries- Mr. Mrunal Shetty has tendered his resignation from the office of Director& Chief Financial Officer

6 Emami- Company has acquired "Dermicool", one of the leading brands in Prickly Heat

7 Ang Lifescience- Company has signed the MOU with Directorate of Industries, Government of Himachal Pradesh for setting-up the 'Nutraceuticals Park’

8 Aster DM- Consolidation of pharmacies, hospitals and clinics operating in the GCC

9 Indraprastha Gas- Shri Sanjay Kumar has been nominated by GAIL (India) as Managing Director

10 Gail India- To consider Buy Back of share on 31st March 22. Open / Comment

2022-03-25 06:07:05 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Thursday, 24 March

1 Paisalo Digital Signed Co-Lending Loan Agreement with Bank of Baroda

2 Lupin- Receives Approval from U.S. FDA for Sildenafil for Oral Suspension

3 ZEEL- Company welcomes the decision by Invesco for its belief in the true potential of the proposed merger with Sony Pictures

4 IIFL Finance- Appointment of Mr. Nirmal Jain as Managing Director of the Company

5 TCPL- Company has made capacity addition, by installing the second line at its Flexible Packaging unit situated at Silvassa

6 GTPL Hathway- GTPL Hathway Ropes-in Verimatrix for Secure Sweeping Android TV Rollout

7 Haldyn Glass- To consider and approve strategic business plan of the Company for next five years and the additional investment on expansion on 28/03/2022.

8 Exide- Chloride Metals has started commercial production at its newly set-up green field manufacturing facility of battery recycling at Haldia with capacity of 108,000 MT p.a. Open / Comment

2022-03-24 06:10:58 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Tuesday, 23 March

1 MTAR Tech- MTAR declared L1 bidder for projects worth approximately Rs. 135 Cr in Civil Nuclear Power Sector

2 Orissa Bengal- Approval to migrate on main board of NSE and BSE

3 Som Distilleries- To start production of IMFL with capacity of 50000 cases per month from Q1 FY23.

4 Sheetal Cold- Approved the Migration of Company from BSE SME Platform to the Main Board of BSE and NSE

5 Bajaj Electricals- Entered into a Trademark Licensing Agreement with Morphy Richards Limited

6 Filatex India- To consider and approve the proposal for Buyback of the fully paid-up Equity shares on 29/03/2022.

7 Poddar Pigment- Newly set-up manufacturing facility at Rajasthan has started commercial production

8 Nelco- Omnispace and Nelco announced a strategic cooperation agreement to enable and distribute 5G non-terrestrial network (NTN), direct-to-device satellite services. Open / Comment

2022-03-23 05:58:07 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Monday, 22 March

1 Jubilant Foodworks- Company will acquire the complete 49% equity stake of Golden Harvest in JGHL

2 Hester Bioscience- Company ventures into the Pet Care Industry

3 Oriental Veneer- Approved expansion and modernization of existing Artificial Leather (Rexene) Plant at Aghai.

4 M&M Financials- Ties up with BluSmart to provide 500 EVs on leasing

5 Bhansali Engineering- Company has received Consent to Establish for Expansion of High Rubber Graft - HRG from 15000 TPA to 50000 TPA

6 Urja Global- Company has set up an Assembling unit for E-Scooters a Nashik for supply in western zone of India

7 Ducon Infra- Approved the proposal for Spin off of non-core business to new proposed separate Wholly owned subsidiary Open / Comment