Saket Lohia

2022-01-25 06:09:59 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Monday, 24 Jan

1 Vikash Multicorp- Obtained advance technology to recycle Cross Linked Poly Ethylene

2 Star Housing- Entered into co-lending partnership with Capital India Home Loans to compliment its AUM growth.

3 Vishnu Chemical- Backward Integration Project at Visakhapatnam Unit is successfully completed.

4 Asian Oilfield- Letter of Award from Vedanta Ltd for Operation and Maintenance of offshore platforms

5 Intellect Design- iGTB launches cloud-native, contextual Virtual Account Management 2022 as SaaS offering.

6 Goldiam International- Additional Export Orders worth of Rs. 60 Cr for manufacturing of diamond studded gold.

7 Bnk Capital- Appointed Mr Arun Kumar Mukherjee as Chief Executive Officer.

8 Hindustan Foods- Expands their business into OTC Healthcare and Wellness and to acquire Reckitt Benckiser Scholl India Private.

9 Ashoka Buildcon- Received LoA from NHAI for Rs.829.49 Cr.

10 Websol Energy- To consider Issuance of equity shares on Rights basis on Feb 2, 2022

11 Zensar Technology- Resignation of Mr. Navneet Khandelwal from the post of CFO.

12 Linde India- Capex for setting-up of a 264 tonnes per day merchant Air Separation Unit

13 Hero Motocorp- Approved an investment of up to INR 700 Cr in one or more tranches, in Hero FinCorp Limited Open / Comment

2022-01-24 06:05:08 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Friday-Saturday, 22-23 Jan

1 Vaibhav Global- Acquisition of 60% stake in Encase Packaging.

2 Shree Ganesh Biotech- Sub-division of Nominal Value of Equity Share of Rs. 10/- each into 10 Equity Shares of Rs. 1

3 Krsnaa Diagnostics- Inauguration of Diagnostics Center at K. B . Bhabha Hospital, Kurla, Mumbai

4 Vardhman Textiles- Approved sub-division of equity shares of the Company from face value of Rs. 10/- per share to Rs. 2/- per share

5 KPI Global- New repeat order for executing solar power project of 2 MWdc capacity

6 Exide Industries- Invested Rs. ~20 Cr in equity shares of subsidiary, 'Exide Leclanche Energy Private Limited'

7 Prakash Industries- Secured long term coal linkages of 1,95,900 MT per annum for next 5 years Open / Comment

2022-01-22 07:58:54 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Friday, 21 Jan

1 Abbott India- Mr Anil Joseph has resigned as the Managing Director and Director from the Board

2 Kajaria Ceramics- Approved investment in Kajaria Ultima Private Limited upto Rs. 210 Cr and Additional acquisition upto 23,66,520 equity shares of Cosa Ceramics.

3 HDFC Life- Approved Scheme of Amalgamation between Exide Life Insurance Company Limited and HDFC Life.

4 Taneja Aerospace- Approval for sale of certain old machineries' and equipments of the Company

5 Indian Card Clothing- Sale of Sub-Plot A and Sub-Plot C of the Company located at Mumbai-Pune Road, Pimpri

6 Birla Corp- Company has today lighted-up its kiln at its 3.90 million tons Greenfield Integrated Cement Plant at Mukutban.

7 PIL Italica- Company is entering into new lines of business activities.

8 Phillips Carbon- To consider proposal for sub-division of the Equity shares of the Company On February, 9, 2022. Open / Comment

2022-01-21 06:26:59 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Thursday, 20 Jan

1 Cadila- Zydus receives final approval from USFDA for Vigabatrin Tablets

2 Transformers And Rectifiers- Received orders of Rs. 73 Cr from MP Power Transmission Package - II Limited.

3 Sterlite Tech- Delhi High Court Restrains HFCL in A Patent Infringement Lawsuit Filed By STL

4 SMS Pharma- Company receives non-exclusive license to manufacture and supply of molnupiravir

5 LT Foods- Appointment of K Ganapathy Subarmaniyam as a Head of Marketing

6 Natco Pharma- NATCO announces License Agreement with the Medicines Patent Pool

7 Surya Roshni- Received an business order amounted to Rs. 123.17 Cr

8 Ultratech Cement- Acquiring 100% equity shares in National Limestone Company Private Limited

9 Vaibhav Global- TV network Shop has changed its Freeview broadcasting Channel to 22 from Channel 50 Open / Comment

2022-01-20 06:14:51 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Wednesday, 19 Jan

1 Lupin- Entered into a partnership with Shenzhen Foncoo Pharmaceutical Co. Ltd (Foncoo).

2 Cholamandalam Investment- Company has launched the three new business divisions in the Consumer and SME eco‐system.

3 Cian Agro- Acquired the leading Aluminium component manufacturing Company M/s Varron Aluminiumm Pvt. Ltd.

4 DJ Mediaprint- Got printing orders from LIC of India- Kottayam Division.

5 Saregama India- Appointed Mrs. Avarna Jain, Non-Executive Director of the company, as the Vice Chairman of the Board.

6 M&M- Company and Hero Electric Vehicle Private Limited announced a Strategic Partnership in Electric Mobility

7 Reliance Industries- RJIL prepays Rs. 30,791 Cr clearing all deferred spectrum liabilities acquired in auctions prior to March 2021.

8 HCL Technologies- Appoints Prabhakar Appana Global Head of AWS Ecosystem Business Unit

9 TVS Motor- Launches TVS Star HLX 150 Disc variant for Egypt customers

10 IFCI- To consider and approve preferential issue of equity shares to Government of India on 25/01/2022. Open / Comment

2022-01-18 06:17:27 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Monday, 17 Jan

1 Rattanindina- Cocoblu has entered into an Agreement with Amazon Seller Services Private Limited to be an online seller.

2 Va Tech Wabag- Secured an order worth about USD 100 Million towards engineering and procurement activities

3 Renaissance Jewellery- Renaissance and NFL Properties LLC announce strategic licensing agreement for NFL inspired branded jewellery in USA.

4 Rasandik Engineering- Company will be launching new products “Electric Auto/ E-Auto’ under the Brand Name ‘Samrat’.

5 Svp Global- Investing Rs. 100 Cr in setting up a 4,375 MT per annum green-field facility for Technical Textiles at Jhalawar, Rajasthan

6 Bhansali Engineering- Brown Field ABS Expansion Project is moving at slow pace on account of the ongoing Covid-19 pandemic

7 Kec International- Secured new orders of Rs. 1,112 Cr across its various businesses

8 Vishwaraj Sugar- Plans brownfield ethanol production expansion by capacity of 150,000 liters per day and 250,000 liters per day is planned as a greenfield expansion.

9 Gujarat Ambuja- Decided to setup a Greenfield Corn Wet Milling Plant to manufacture Starch, Starch Derivatives and Polyols with a proposed capacity addition of 1000 TPD.

10 Ajmera Reality- Company to Develop Residential Project at Wadala with estimated sales value of INR 1500 Cr

11 HFCL- Approved capacity expansion for Optical Fibre Cable by 10 Mnfkm/p.a and Optical Fibre by 12 Mnfkm/p.a

12 Bosch- Appointment of Ms. Karin Gilges as the Chief Financial Officer Open / Comment

2022-01-17 06:20:32 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Friday-Saturday, 15-16 Jan

1 Maruti Suzuki- Announced price change across models owing to increase in various input costs wef 15 Jan

2 Oil India- Oil India (USA) Inc., A Texas, USA Corporation divested its entire stake in Niobrara Shale Asset, US

3 Somany Homes- Acquisition of the building products manufacturing undertaking of HSIL Limited

4 KPI Global- Signed new long term PPA for sale of 3.10 MW (AC) / 4.12 MW (DC) solar power

5 Bhel- Appointment of Shri Pankaj Jain Secretary, Ministry of Petroleum & Natural Gas, as Additional Director and Chairman.

6 Dalmia Bharat- Commencement of commercial production at its Murli Plant in Chandrapur district, Maharashtra and thereby adding 2.9 MnT cement capacity

7 Greenply Industries- Mr. Mukesh Agarwal, CFO of the Company has resigned from the Company

8 Deep Polymers- Recommended the Bonus Issue of Equity Shares in the ratio of 3:4

9 Aster DM Hospital- Signed lease agreement for a greenfield hospital project in Kasaragod district of Kerala.

10 Brightcom Group- To declare bonus shares for the benefit of the shareholders on January 25, 2022. Open / Comment

2022-01-15 08:04:39 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Friday, 14 Jan

1 Aurobindo Phrama- Received warning letter from USFDA

2 Ashoka Buildcon- Emerged as the Lowest Bidder (L-1) and the quoted Bid Price of the Project is Rs.829.49 Cr.

3 Choice International- Reduced size of right issue to 50.75 Cr from 60 Cr at a price of 51/share.

4 Rama Phosphate- MoU with Government of Rajasthan for Rs. 15 Cr for implementing the project and development of Single Super Phosphate powder/granules

5 Jubilant Foodwork- To consider sub-division/split of existing equity shares on Wednesday, February 2, 2022.

6 Max Ventures- Resignation of Mr. Ramneek Jain as its CEO, elevated Mr. K. Manohar, currently the CTO to the position of CEO

7 ICRA- Vipul Agarwal, Group Chief Financial Officer has resigned to pursue external career opportunities.

8 Jk Paper- Commercial production from new Packaging Board plant has commenced from this day i.e. 14th January 2022

9 Pmc Fincorp- To consider and approve the proposal for raising funds by way of preferential allotment or rights issue on 19/01/2022.

10 Orient Paper- Appointed Shri Ashwin Laddha as Chief Executive Officer of the Company

11 Gokladas Exports- Company plans to augment its production capacity and also explore opportunities in the new line of business.

12 Sequent Scientific- SeQuent Scientific Appoints Rajaram Narayanan as Managing Director and CEO at place of Manish Gupta who has resigned.

13 Hero Motocorp- Investment of up to INR 420 Cr in Ather Energy Private Limited. Open / Comment

2022-01-14 06:17:31 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Thursday, 13 Jan

1 Adani Enterprise- POSCO and the Adani Group to explore business cooperation opportunities for Integrated Steel Mill

2 Ramkrishna Forging- Wins Export order worth INR 575 Million from North America for the supply of Spindle

3 DJ Mediaprint- Secured has secured orders from Tribal Development Department Maharashtra

4 Surana Solar- To setup 200 MW Cell line and Module line with 210 mm size monopark cell & modules with a total outlay of Rs.200 Cr

5 Ruby Mills- Obtained renewed Occupation Certificate including for upper floors of 'The Ruby' tower at Dadar, Mumbai.

6 Itd Cementation- Won orders valued around INR 4,600 Cr

7 Auriopro Solution- Announces order win in Data Centre Segment

8 Ujjivan Financials- Appointment of Mr. Ittira Davis as the MD & CEO of 'Ujjivan Small Finance Bank Limited

9 Datamatics Global- Datamatics enters in a long-term strategic partnership with PSI Services for Customer Management Solutions

10 Easy Trip- Recommended the Bonus Issue of Equity Shares in the proportion of 1:1

11 Dhampur Sugar- Completed its distillery expansion, capacity increased to 500 KLPD

12 Suryoday Small Finance- Appointment of Mr. Kanishka Chaudhary as the CFO and Key Managerial Personnel Open / Comment

2022-01-13 06:21:11 Street Brief!
By Saket Lohia
https://t.me/saketlohia5

Wednesday, 12 Jan

1 Rattanindia Infra- Investment of Rs. 350 Cr in its WoS Cocoblu Retail Limited to build and undertake the business of online retail on E-commerce platforms in India.

2 M&M Financials- Company will offer the widest range of electric vehicles (EVs) for leasing and subscription to potential customers

3 Hiedlebergcem- Commissioned a facility to substitute part of the Fossil Fuels with Alternate Fuels (AF) in cement production.

4 Sequent Scientific- Acquiring the residual 30% stake to make the target entities its wholly owned step-down subsidiaries

5 Goldiam International- To consider the proposal for sub-division/split of Company's Equity on February 08, 2022.

6 HFCL- Chosen CommAgility as its key technology partner and shall use its 5G new radio (NR) software in its 5G indoor small cells

7 Pacific Industries- Proposal to issue equity shares to existing shareholders of the Company on rights basis

8 TCS- Approved buy-back upto 4,00,00,000 equity shares for an aggregate amount not exceeding 18,000 Cr at 4,500 per equity share.

9 HKG- Approved issuance of fully paid-up Bonus Shares in the ratio of 1:2

10 HG Infra- Public Works Department (PWD), Rajasthan has annulled the tender for 'Development and Maintenance' contract. Open / Comment