stock market

2022-11-29 06:21:59 VEDANTA: EX DIVIDEND ADJUSTMENT OF ₹ 17.5 Open / Comment

2022-11-29 06:21:34 STOCKS IN ACTION 29 November

DHANLAXMI BANK: To Consider Raising Funds Up To Rs 200 Crores Via NCDs On 5-December

Union Bank Of India: To Issue Tier-2 Bonds Aggregating To 22b Rupees In Two Tranches

Satin Creditcare Network: Board Meeting On Dec 1 To Consider Fund Raising Via Issue Of Non-Convertible Debentures On Private Placement Basis

Orchid Pharma: Board Meeting On Dec 1 To Consider Raising Of Funds

Motilal Oswal Financial Services: Motilal Oswal Group's Investments Arm Motilal Oswal Alternates (Moa) Invests 4.5b Rupees In Shapoorji Pallonji Real Estate Against Two Of Shapoorji Pallonji Realty Projects - Business Standard

NBCC: Bags orders worth Rs 271 Crores
2 Orders – Manesar & Noida

Fredun Pharmaceuticals: Bags Multiple Contracts
Received One-Year Contract Worth 650m Rupees From A Southeast Asian Country For Pharma Exports

DCM Shriram: Says Expansion Of Refined Sugar Capacity From 5,000 TCD To 13,000 TCD At Hariawan Sugar Unit Has Been Commissioned Effective Nov 24

Lumax Industries: Board Meeting On Dec 7 To Consider, Approve Proposal For Setting Up Of The Co's New Manufacturing Unit In Chakan, Pune And Funding Options

Adani Enterprises/NDTV: Adani Ent says NDTV promoter, RRPR agrees to issue 99.5% of its equity to Adani Group's subsidiary, VCPL

WIPRO: Announced the launch of its new Skills Guild with Amazon Web Services (AWS)
Is a comprehensive enablement program for large enterprises to build cloud skills

TCS: Joins Hands With AWS To Help Enterprises Harness Power Of Quantum Computing

LUPIN: Brazilian Subsidiary – MedQuimica Acquires Rights to Nine Brands (products) from Bausch Health
Says the acquired brands are well established and recognized among doctors and other members of the medical fraternity in Brazil

NURECA: Large Trade
Promoter Entity PAYAL GOYAL
Sold 55,863 Shares @ Rs 546.04/ Share

INOX GREEN ENERGY SERVICES: Large Trade
DOVETAIL INDIA FUND CLASS 6 SHARES
SOLD 18,00,000 Shares @ Rs 61.69/ Share

AMI ORGANICS: Large Trade
SMALL CAP WORLD FUND SOLD 12,72,000 Shares @ Rs 920/ Share
GOVERNMENT PENSION FUND GLOBAL BOUGHT 10,92,000 Shares
VALUEQUEST INVESTMENT ADVISORS BOUGHT 180,000 Shares

WESTLIFE FOODWORLD: Owner and Operator of McDonald’s India West and South will be hosting a Select Press Meet to announce Vision 2027 on 2nd December

BSE: SEBI Approves Sundararaman Ramamurthy As MD & CEO Of BSE

Kolte-Patil appoints Khiroda Chandra Jena as CFO

Adani Enterprises: The company denied reports that it is looking to raise $5 billion from wealth funds

Bharat Bijlee: Life Insurance Corporation of India has reduced its shareholding in the company to 4.54% from 6.7%. Open / Comment

2022-11-29 06:21:18 Open / Comment

2022-11-28 07:03:51 Expect loan book to grow to about ₹13,000 cr. About 40-50% of the book will get repriced in #Q3. Expect disbursements to be at ₹1,600 cr & repayments at ₹1,000 cr in #H2FY23, says K Swaminathan of Repco Home Fin Open / Comment

2022-11-28 07:03:27 STOCKS IN ACTION 28 NOVEMBER

L&T FINANCE HOLDINGS: Completes the divestment of its Mutual Fund business  Receives Rs  3484 Crores As Consideration for
the sale and realised surplus cash balance of Rs 764 Crores in LTIML Proceeds to help accelerate drive towards retailisation

INDIAN ENERGY EXCHANGE: Approves Buyback Upto Rs 200/Shares Aggregating Rs 98 Crs Via OPEN-MARKET Route Max Can Buyback 49 Lakh Share Board Approves formation of a wholly-owned subsidiary company in India to explore the business opportunities in Carbon Market

LEMON TREE HOTELS: Signs License Agreement For A 42-Room Hotel In Jamshedpur Under Brand “Lemon Tree Hotel”  The Hotel Is Expected To Be Operational By End Of September, 2023

HERO MOTOCORP: To Revise/ Increase Prices Of Its Motorcycles and Scooters  Effective 01-December  Price Rise of Upto Rs 1500 Exact Quantum To Vary By Specific Models & Markets

SHRIRAM PROPERTIES: Wholly Owned Subsidiary Shriprop Builders Acquires 100% Equity Of Suvilas Realities  Suvilas Realities Is Developing 660 residential units in 6.29 Acres of Land in Bengaluru

PAYTM: RBI Has Asked Paytm Payment Services (PPSL) to not onboard any new online merchants for its payment services. Follows company not getting an authorisation from RBI to provide payment aggregator services  PPSL is a 100% subsidiary of One97

AMI ORGANICS: Signed a definitive multi-year, multi-million Eurp agreement with Finland's Fermion. Supply of an intermediate for their patented product. Spread across a 10-year horizon Expected to start contributing meaningfully to the Revenue from FY24

TIL: Board decides to increase the authorized share capital to infuse funds in the company. Brings in a strategic investor. Capital to be infused by Indocrest Defence Solutions, part of Gainwell Group

VENUS PIPES: LARGE TRADE Non-Promoter HEMANT RAJNIKANT SHAH Sold 6.5 Lakh Shares @ Rs 650/ Share. BNP PARIBAS ARBITRAGE Bought the entire chunk of 6.5 Lakh Shares

Hindustan Zinc: meet group of investors for non-deal road shows for disinvestment of residual GOI shareholding in HZL

IndiGo: plans to wet lease Boeing777 aircraft for the current winter schedule. The airline says that the CivilAviationMinistry has allowed it to WetLease aircraft for 6 months. IndiGo says that it is currently working on finalising the contract for the wet lease

Inox Wind: Vineet Valentine Davis resigns as Executive Director

Bajaj Finance: purchase up to 40% in Snapwork Technologies for Rs 93 cr

Karnataka Bank: Hyundai Construction Equipment India collaborate for financing machineries/equipment

Astrazeneca Pharma India: Co Has Received An Import And Market Permission In Form Ct-20 (Subsequent New Drug Approval) From The Cdsco  Receives Permission For Dapagliflozin (Forxiga) Tablets

Indus Towers: Raise Rupees 1500 Crores Through Non-Convertible Debentures (‘Ncd’s)

VA Tech Wabag: VA Tech Wabag And ADB Enter Into A Strategic Funding Tie Up; Adb To Invest 2b Rupees In Non-Convertible Debentures

J K Cement: Unit Commenced Cement Grinding Capacity Of 2 Mntpa At Manufacturing Facilities In Uttar Pradesh

Aarti Surfactants: Approved Rights Issue Of Partly Paid Up Share Upto 496m Rupees

Life Insurance Corporation: The company decreased its shareholding from 6.29% to 4.21% in DCM Ltd.

Emami Paper Mills: The company will consider appointment of an Interim Chief Financial Officer on Nov. 28. Open / Comment

2022-11-25 06:27:54 Open / Comment

2022-11-25 06:27:29 STOCKS IN ACTION 25 NOVEMBER

ADANI ENTERPRISES: Boardmeet Consider & Approve the proposal of raising of funds via FPO/ Preferential Allotment (Including QIP)

INDIA ENERGY EXCHANGE: Boardmeet Consider & Approve a proposal for Buyback of Equity Shares

VA TECH WABAG: Boardmeet Consider proposal for fund raising via issue of NCD or any other method

Lupin: The U.S. FDA issued a Form-483 with eight observations each for the drug product facility and API facility the company’s Mandideep unit-1

ZIM LABORATORIES: LISTING A BSE Listed Company; To List On NSE Main Board Too From

KEYSTONE REALTORS: Today's Listing - LARGE TRADE PLUTUS WEALTH MANAGEMENT LLP BOUGHT 17,10,000 SHARES @ Rs 555.03/ Share

FINO PAYMENTS BANK: Large Trade CAPRI GLOBAL HOLDINGS PRIVATE LIMITED BOUGHT 606,043 SHARES @ Rs 258.47/ Share

PB FINTECH: Large Trade WF ASIAN SMALLER COMPANIES FUND LIMITED
On NSE BOUGHT 34,21,845 SHARES @ Rs 400/ Share
On BSE BOUGHT 33,53,228 SHARES @ Rs 400/ Share

Allcargo Logistics: The company’s wholly owned subsidiary Allcargo Belgium NV has entered into a share purchase agreement with NBG Logistik Beteiligungs und Beratungsges mbH to acquire 75% stake in Fair Trade GmbH Schiffahrt, Handel und Logistik for €12 million (Rs 101.95 crore).

Tata Steel Long Products: The company acquired additional 4.69 crore shares of subsidiary Neelachal Ispat Nigam at a premium of Rs 54 apiece for Rs 300 crore.

HDFC Bank: The bank appointed Bhavesh Zaveri as executive director and redesignated Kaizad Bharucha as deputy managing director for a period of three years.

State Bank of India: The central board of the bank will meet on Nov. 29 to consider raising Rs 10,000 crore, including a green shoe option of Rs 5,000 crore, via infrastructure bonds during the current fiscal.

Bharti Airtel: The company revised its foreign currency convertible bonds conversion price to Rs 521 per share.

ROSSELL INDIA: Large Trade Quant Mutual Fund Bought 193,800 Shares @ Rs 302.64/ Share

VERANDA LEARNING SOLUTIONS: Collaborating with IIM Raipur and SHRM (Society for Human Resource Management) To launch an Executive Post Graduate Programme (Online MBA) in HR Management

PVR: Announces opening of 12 screen superlex in city of Kerala at Lulu Mall, Thiruvananthapuram Cinema will commence operations from 5-Dec With this launch, PVR now operates 876 screens at 176 properties in 76 cities (India and Sri Lanka)

Biocon: biocon Biologics allots shares to Biocon for Rs 2,205.63 cr ($270 m) Context: Earlier this month, there was a proposed acquisition of biosimilars assets of Viatris, by Biocon Biologics

BAL Pharma: G Rengarajan resigns as Chief Financial Officer (CFO)

Indian Oil Corporation: ICICI Bank, ICICI Prudential Life Insurance, HDFC Life Insurance and SBI Life Insurance have entered into agreements to invest in seed capital of a proposed joint venture of Indian Oil Corporation and Chennai Petroleum Corporation.

West Coast Paper Mills: Icra revised the long-term rating to [ICRA] AA from [ICRA] AA-, with stable outlook

Laurus Labs: to buy 26% stake in Ethan Energy at Rs 52.70/share To use 100% output of Ethan Energy's 10 MW solar plant

PNB: Receives approval of DIPAM, Ministry of Finance for divestment of Bank's entire/part stake in UTI_Asset_Management_Company in single or multiple tranche Alert Percentage of shareholding of PNB as on date: 15.22%

Tube Investments of India: The company will buy 50% stake in X2Fuels and Energy for Rs 6.15 crore.

KIOCL: The company restarted operations at its pellet plant unit in Mangalore. Open / Comment

2022-11-24 06:28:58 Shoppers Stop: The company has made an investment of Rs 4.95 crore in wholly owned subsidiary Global SS Beauty Brands under an earlier commitment to inject Rs 20 crore in the unit

Varun Beverages: Co Agreed To Invest 26% (In One Or More Tranches) Of Share Capital Of Clean Max Tav Private Ltd

IDFC First Bank: Co Approved Shelf Placement Memorandum For Private Placement Of Non-Convertible Bonds Open / Comment

2022-11-24 06:28:42 STOCK IN ACTION 24 NOVEMBER

HI TECH PIPES : Boardmeet To Consider Fund Raising Via Preferential Issue To Promoter/ Non-Promoters

ZOMATO: To Discontinue Food Ordering Services in UAE from Customers trying to order food on the Zomato App in UAE will be redirected to Talabat, an online food delivery company. Believes International Business don’t fit in their roadmap anymore

VOLTAMP TRANSFORMERS: Large Trade NALANDA INDIA FUND SELL 420,000 Shares @ Rs 2651.56/ Share. NIPPON INDIA MUTUAL FUND BOUGHT 300,000 Shares

INOX GREEN ENERGY: Large Trade ELARA INDIA OPPORTUNITIES FUND SELL 22,07,590 Shares @ Rs 60.17. POLUS GLOBAL FUND SELL 53,85,450 Shares @ Rs 61.21. NOMURA SINGAPORE SELL 14,60,728 Shares @ Rs 60.35. YES BANK SELL 23,07,590 Shares @ Rs 61.01

Reliance: JioTrue5G available in Pune from November 23, says Reliance Jio

PVR: NCLT to take final call for Inox Leisure merger on December 15

Poonawalla Fincorp: the company clarification on CNBC-TV18 newsbreak, says Poonawalla Housing Finance’s MD & CEO Manish Jaiswal had commented "in the context of the Company’s board granting an in-principle approval for raising funds in Poonawalla Housing Finance"

SBI Card: Chief Risk Officer Aparna Kuppuswamy resigns

PTC INDIA: Boardmeet To Consider June Quarter Result

Brooks Labs: Atul Ranchal resigns as Chairman & Executive Director

Jet Airways: Cabin Crew Association sends notice to Jalan-Kalrock on non-payment of employee/workmen dues amounting to Rs 113 cr. Jalan-Kalrock had committed to pay Rs 113 cr to employees & Workmen, the deadline for which was Nov 11

Bank of Baroda: reduces home loan interest rates by 25 bps to 8.25% for a limited period (From Agencies)

FINO PAYMENTS BANK: Large Trade CAPRI GLOBAL HOLDINGS BUY 13,19,853 Shares @ Rs 228.77/ Share

Biocon: The company entered a semi-exclusive partnership agreement with European pharmaceutical company Zentiva for the commercialisation of its vertically integrated, complex formulation, Liraglutide, a drug-device combination for the treatment and management of type 2 diabetes and obesity. The company has also issued commercial papers worth Rs 2,250 crore on private placement basis at a coupon of 7.75%

Tamilnad Mercantile Bank: The bank has entered into corporate agency agreement with Cholamandalam MS General Insurance Company and Max Life Insurance Company for marketing, distribution and selling life and general insurance products.

Neuland Laboratories: The board appointed Abhijit Majumdar as chief financial officer and key managerial person. The board also approved transfer of company’s property spanning 1.75 lakh square feet in Nanakramguda, Hyderabad to various parties via perpetual lease for an overall consideration of Rs 117.96 crore.

Raj Rayon Industries: The company commenced commercial production of textured yarn at its Silvassa plant.

Fusion MicroFinance: The board will convene on Nov.8 to raise funds by issue of NCDs aggregating up to Rs 145 crore on private placement basis.

IIFL Wealth Management: Public shareholders—General Atlantic Singapore Fund and FIH Mauritius Investments—completed the sale of 2.22 crore shares to BC Asia Investments X, pursuant to the share purchase agreement dated March 30, 2022. The board also approved the appointments of Pavninder Singh and Rishi Mandawat as additional, non-executive, non-independent directors.

Zee Entertainment Enterprises: The company said the petition filed against it by Invesco and OFI before the NCLT has been dismissed.

Can Fin Homes: The company’s board will meet on Nov. 28 to consider an interim dividend for the current fiscal.

HG Infra Engineering: The company received a letter from Adani Road Transport regarding declaration of appointed date by authority as November 03, 2022 to execute civil and associated works on EPC basis for developing an access-controlled six lane road in Uttar Pradesh on DBFOT (Toll) basis. Open / Comment

2022-11-24 06:21:40 Open / Comment