2022-01-03 06:45:03
Stocks in News*
*JTL Infra:* The Company registered highest sales volume ever of 34,612 Metric Tonnes in Q3 FY22. The volume increased by 77.39% YoY (Positive)
*Stove Craft:* Business Transfer Agreement between the Company and SKAVA Electric Pvt Ltd (Positive)
*Likhita Infra:* Company has received orders worth Rs. 250 Crores (approx.) excluding GST from various City Gas Distribution Companies. (Positive)
*Eicher Motors:* VECV (Volvo eicher commercial vehicles) sales rise 50.6% in December. Eicher RE: Total sales at 73739 units in Dec 2021 (up 7%). Estimates 65500 units (Positive)
*NBCC:* Company has received work orders of Rs 392.0 crore (Positive)
*SML Isuzu:* Total sales at 4706 units in Dec 2021 (up 68%). 2796 units Dec 2020 (Positive)
*VST Tillers:* Power tillers sales at 3089 units in Dec 2021 (up 38%). 2230 units Dec 2020. (Positive)
*Bhageria Ind:* Company has successfully Commissioned 9.50 MW Solar Power Projects at Village-Kombhalne (Positive)
*Adani Ent:* Company has incorporated a WOS to undertake business of developing and operating projects for the synthesis of low carbon fuels and chemicals. (Positive)
*Rama Steel:* Foreign investor Saint Capital Fund acquired 1 lakh equity shares in the company at Rs 327.71 per share on the BSE (Positive)
*United Spirits:* Long-term rating upgraded to 'CRISIL AAA/Stable'; short-term rating reaffirmed (Positive)
*Avenue Supermarts Q3:* Standalone revenue from operations at Rs 9,065.02 cr vs Rs 7,432.69 cr YoY (Positive)
*Sunflag Iron:* Long-term rating upgraded to 'CARE A+/Stable (Positive)
*KNR Constructions:* Company has transferred its 49% stake in subsidiary company ie KNR Tirumala Infra Private Limited ("SPV") to Cube Highways (Positive)
*PNB:* Board has approved Divestment of entire stake in India SME Asset Reconstruction Company Ltd. (Positive)
*GMR Infrastructure:* NCLT clear merger of GMR Power Infra, GMR Infra; clear demerger of non-airport business of GIL (Positive)
*HDFC Life Insurance* Gets regulatory approval for Exide deal (Positive)
*Aurobindo Pharma:* Approves transfer of vaccines business to unit (Positive)
*H.G. Infra:* Company has received the provisional completion certificate for the project (Positive)
*Khaitan Chemicals:* India Ratings & Research has upgrade the ratings from BBB+ to A- of the bank facilities of the company (Positive)
*Indian Oil:* Sri Lanka To Give Oil Tank Leases to India in Exchange for Aid (Positive)
*Cola India:* December production jumped by 3.3 percent (Positive)
*Shriram Transport:* Shriram Transport Finance to Upsize MTN Program to $3.5B (Positive)
*NTPC:* Company incorporated first part capacity of 49.92 MW out of 296 MW Fatehgarh Solar PV Project at Jaisalmer (Positive)
*Tata Motors:* Total domestic sales at 66,307 units in Dec 2021 Vs 53,430 units YoY (up 24%). Estimates 66000 units. (Neutral)
*Hero MotoCorp:* Dec. sales 394,773 units vs 447,335 Y/Y Est 383000 (Neutral)
*Maruti:* Total domestic sales at 153000 units in Dec 2021, Estimates 152000 units. (Neutral)
*Atul Auto:* Total sales at 11499 units in Dec 2021 (up 1.8%). 11302 units in Dec 2020. (Neutral)
*Cyient:* To hive off the Software Design Radio (SDR) division of the Company to Innovation Communications Systems Limited (Neutral)
*NMDC:* Iron ore sales fell nearly 4% on year to 3.40 mln tn in December, and production was up 2.3% on year at 3.95 mln tn (Neutral)
*Reliance* to Raise Up to $5 Billion in Offshore Bond Offering (Neutral)
*Escorts:* Company sold 4,695 tractors Vs 7,733 tractors YoY Vs poll 6610. (Negative)
*M&M Auto:* Total sales at 39157 units in Dec 2021 (up 11%). Estimates 40102 units. (Negative)
*TVS Motor:* Dec. sales 250,933 units vs 272,084 Y/y, Estimates 275000 units. (Negative)
*RBLBank Q3:* Total deposits decline 2.58% QoQ to Rs 73,637 cr as on Dec 31, 2021. (Negative)
*Future Retail:* Misses $403 Million Debt Payment, ET Says (Negative)
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