🇮🇳India Daybook Stocks in News
Mazagon Dock: Company commenced production Plate Cutting ceremony for the first Air Independent Propulsion (AIP) system for Scorpene class Submarines. (Positive)
Hatsun Agro: Company expands retail footprint with the launch of its 4000th HAP daily Outlet in Bhimavaram, Andhra Pradesh. (Positive)
Indegene: Company expands European presence with new center in London. (Positive)
Waaree Energies: Company announced an upgrade in its credit ratings by CARE Ratings Limited. Upgraded to CARE A+; Stable. (Positive)
Wipro: Company Brings Sovereign Ai Services with Nvidia Ai to Governments and Enterprises around the World. (Positive)
Prince Pipes: Company commences commercial production at Begusarai, expands manufacturing footprint (Positive)
Pix Transmissions: credit ratings have been upgraded by CARE Ratings. The long-term bank facilities rating has been upgraded from A to A+ Stable outlook. (Positive)
HIL: Changes company’s name to ‘BirlaNu Limited’ from ‘HIL Limited’ (Positive)
Sumit Woods: Granted Commencement Certificate for Development, the Project Will Offer a Revenue Potential of Approx. Around Rs 400 Cr (Positive)
NCL Industries Ltd: Received a letter from promoters regarding the acquisition of shares through the open market (Positive)
Indian Hume Pipe: Company has Authorized Management to act In all respects on proposal regarding sale of company’s freehold land at Venkatala Village, Bengaluru admeasuring about 40,875.668 Sq. Mtrs (Positive)
Avenue Supermarts: Company invests ₹174.99 crore in e-commerce arm DMart ready (Positive)
Ashok Leyland: Company opens bus manufacturing plant in Andhra Pradesh (Positive)
DCAL: Company gets GMP Compliance Certificate for its Saint-Beauzire site from National Agency for the safety of medicine and health products (Positive)
Gold Financing Stocks: Safe-haven demand drives gold prices above $3,050 per ounce (Positive)
TIL: Company’s Board Meeting On March 24 To Consider Raising Equity Capital (Neutral)
Jeena Sikho Lifecare: Company announced the conversion of its Bhopal clinic into a 52-bed hospital offering inpatient care. (Neutral)
Ksolves India: Company announced a 3rd interim dividend of Rs 7.50 per share for FY25. (Neutral)
Laxmi Organic: NCLT, Mumbai Bench approved the Scheme of Amalgamation of Yellowstone Fine Chemicals Private Limited with Company the order was received on March 19, 2025. (Neutral)
Mishra Dhatu Nigam: Company announced an interim dividend of Rs 0.75 per equity share for FY24-25. (Neutral)
Hyundai Motor: Company to hike prices of its vehicles up to 3% effective April 2025. (Neutral)
Dhanlaxmi Bank: Aapproved issuing unsecured non-convertible debentures (Basel III Tier-I Bonds) of Rs 1 Cr each, up to Rs 150 Cr, with a 10-year tenure via private placement. (Neutral)
Vishal Fabrics: Company Acquires Shares of Quality Exim for Rs 49.9 million. (Neutral)
Thomas Cook: Company Executed Business Transfer Agreement with Unit Nature Trails Resorts; Deal for an agreed consideration of Rs 522.5 Million. (Neutral)
Trent: Company’s arm Booker India to acquire 100% equity of THPL Support Services from Trent Hypermarket for Rs 166.36 crore. (Neutral)
Dev Information Technology: Company secures order from NICSI" with order size of Rs 1.4 Cr (Neutral)
Adani Enterprises: Company completes incorporation of JV Praneetha Ecocables with Praneetha Ventures. (Neutral)
Reliance Industries: Company has dissolved its subsidiary, Reliance Eagleford Upstream LLC. Its 23.42% stake in Reliance Marcellus LLC is now vested in the company. (Neutral)
Vedanta: Anil Agarwal expects NCLT nod for demerger in 4-6 weeks. (Neutral)
Timex: Company announced the re-appointment of Mr. Deepak Chhabra as Managing Director for 3 years. (Neutral)
Ansal Properties: Company announced the resignation of two Independent Directors. (Neutral)
TD Power: Mr. Mahesh K V appointed as Head of Design (Neutral)
Strides Pharma: Company announced the closure of its acquisition of Amexel Pte. Ltd., Singapore. (Neutral)
Mazagon Dock: Company commenced production Plate Cutting ceremony for the first Air Independent Propulsion (AIP) system for Scorpene class Submarines. (Positive)
Hatsun Agro: Company expands retail footprint with the launch of its 4000th HAP daily Outlet in Bhimavaram, Andhra Pradesh. (Positive)
Indegene: Company expands European presence with new center in London. (Positive)
Waaree Energies: Company announced an upgrade in its credit ratings by CARE Ratings Limited. Upgraded to CARE A+; Stable. (Positive)
Wipro: Company Brings Sovereign Ai Services with Nvidia Ai to Governments and Enterprises around the World. (Positive)
Prince Pipes: Company commences commercial production at Begusarai, expands manufacturing footprint (Positive)
Pix Transmissions: credit ratings have been upgraded by CARE Ratings. The long-term bank facilities rating has been upgraded from A to A+ Stable outlook. (Positive)
HIL: Changes company’s name to ‘BirlaNu Limited’ from ‘HIL Limited’ (Positive)
Sumit Woods: Granted Commencement Certificate for Development, the Project Will Offer a Revenue Potential of Approx. Around Rs 400 Cr (Positive)
NCL Industries Ltd: Received a letter from promoters regarding the acquisition of shares through the open market (Positive)
Indian Hume Pipe: Company has Authorized Management to act In all respects on proposal regarding sale of company’s freehold land at Venkatala Village, Bengaluru admeasuring about 40,875.668 Sq. Mtrs (Positive)
Avenue Supermarts: Company invests ₹174.99 crore in e-commerce arm DMart ready (Positive)
Ashok Leyland: Company opens bus manufacturing plant in Andhra Pradesh (Positive)
DCAL: Company gets GMP Compliance Certificate for its Saint-Beauzire site from National Agency for the safety of medicine and health products (Positive)
Gold Financing Stocks: Safe-haven demand drives gold prices above $3,050 per ounce (Positive)
TIL: Company’s Board Meeting On March 24 To Consider Raising Equity Capital (Neutral)
Jeena Sikho Lifecare: Company announced the conversion of its Bhopal clinic into a 52-bed hospital offering inpatient care. (Neutral)
Ksolves India: Company announced a 3rd interim dividend of Rs 7.50 per share for FY25. (Neutral)
Laxmi Organic: NCLT, Mumbai Bench approved the Scheme of Amalgamation of Yellowstone Fine Chemicals Private Limited with Company the order was received on March 19, 2025. (Neutral)
Mishra Dhatu Nigam: Company announced an interim dividend of Rs 0.75 per equity share for FY24-25. (Neutral)
Hyundai Motor: Company to hike prices of its vehicles up to 3% effective April 2025. (Neutral)
Dhanlaxmi Bank: Aapproved issuing unsecured non-convertible debentures (Basel III Tier-I Bonds) of Rs 1 Cr each, up to Rs 150 Cr, with a 10-year tenure via private placement. (Neutral)
Vishal Fabrics: Company Acquires Shares of Quality Exim for Rs 49.9 million. (Neutral)
Thomas Cook: Company Executed Business Transfer Agreement with Unit Nature Trails Resorts; Deal for an agreed consideration of Rs 522.5 Million. (Neutral)
Trent: Company’s arm Booker India to acquire 100% equity of THPL Support Services from Trent Hypermarket for Rs 166.36 crore. (Neutral)
Dev Information Technology: Company secures order from NICSI" with order size of Rs 1.4 Cr (Neutral)
Adani Enterprises: Company completes incorporation of JV Praneetha Ecocables with Praneetha Ventures. (Neutral)
Reliance Industries: Company has dissolved its subsidiary, Reliance Eagleford Upstream LLC. Its 23.42% stake in Reliance Marcellus LLC is now vested in the company. (Neutral)
Vedanta: Anil Agarwal expects NCLT nod for demerger in 4-6 weeks. (Neutral)
Timex: Company announced the re-appointment of Mr. Deepak Chhabra as Managing Director for 3 years. (Neutral)
Ansal Properties: Company announced the resignation of two Independent Directors. (Neutral)
TD Power: Mr. Mahesh K V appointed as Head of Design (Neutral)
Strides Pharma: Company announced the closure of its acquisition of Amexel Pte. Ltd., Singapore. (Neutral)
Raymond: Nawaz Singhania Resigns as Non-Executive Director of the Company (Neutral)
NHPC: Board approves borrowing plan for raising of debt up to ₹6,300 crore during FY26 via NCDs (Neutral)
IOB: QIP deal size of up to 49.3 cr shares (2.6% equity), indicative price at ₹40.57/sh, 7.4% discount. (Neutral)
Can Fin Homes: Apurav Agarwal resigns as CFO of company. (Neutral)
Praxis Home Retail: Ex-Right date today, 11 right shares for every 30 shares (Neutral)
Galaxy Surfactants Limited: Ex-Dividend date today, Interim dividend Rs 18/Sh (Neutral)
Angel One: Ex-Dividend date today, Interim dividend Rs 11.0/Sh (Neutral)
Ola Electric: Heavy Ind Min seeks details from Ola Electric about mismatch in sales & regn, Ola claims 25,000 vehicles sold in Feb but 8,600 were registered as per vahan.
Wire and Cable stocks: Adani Enterprises completes incorporation of JV Praneetha Ecocables with Praneetha Ventures to enter in wire and cable business.
NHPC: Board approves borrowing plan for raising of debt up to ₹6,300 crore during FY26 via NCDs (Neutral)
IOB: QIP deal size of up to 49.3 cr shares (2.6% equity), indicative price at ₹40.57/sh, 7.4% discount. (Neutral)
Can Fin Homes: Apurav Agarwal resigns as CFO of company. (Neutral)
Praxis Home Retail: Ex-Right date today, 11 right shares for every 30 shares (Neutral)
Galaxy Surfactants Limited: Ex-Dividend date today, Interim dividend Rs 18/Sh (Neutral)
Angel One: Ex-Dividend date today, Interim dividend Rs 11.0/Sh (Neutral)
Ola Electric: Heavy Ind Min seeks details from Ola Electric about mismatch in sales & regn, Ola claims 25,000 vehicles sold in Feb but 8,600 were registered as per vahan.
Wire and Cable stocks: Adani Enterprises completes incorporation of JV Praneetha Ecocables with Praneetha Ventures to enter in wire and cable business.
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LINK TO THIS FOLLOW UP POST
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CHART SHARED EARLIER FOR REF ONLY,
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LINK TO THIS FOLLOW UP POST
https://t.me/STOCKARTHi/8540
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👌1
#rbi infused liquidity @AlliesFin
.INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON 20-03-2025 :
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -62,381* 😭😭
*INDEX FUT. : +2933*
*INDEX OPT. : -66511*
*STOCK FUT. : +3253*
*STOCK OPT. : -2056*
*SEC. IN F&O BAN FOR 21-03-2025 :*
*1. HINDCOPPER 2. INDUSINDBK 3. MANAPPURAM 4. POLYCAB 5. SAIL*
*ADDITION : POLYCAB, MANAPPURAM*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 20-03-2025 :*
*FIIS : BUY +3,239 (16,328-13,089)* 😃
*DIIS : SELL -3,136 (11,784-14,920)* 😥
*BSE SENSEX : +899 (76,348)🔼*
*NSE NIFTY : +283 (23,190)🔼*
*BSE MIDCAP. : +253 (41,360)*🔼
*BSE SMLCAP. : +335 (46,345)*🔼
*B. CRUDE : $ 71.46 🔼😩*
*GOLD:$ 3,036=INR 91,200(10gr)*↔️😳
*SILVER : RS. 1,03,000 (kg)*↔️😳
*FOREX : RS. $ 86.37 🔼 🙂*
*6.79% NEW '34: 6.6366%(101.0675)🔽🙂*
*7.10% GOI '34: 6.6877% (102.76)🔽🙂*
*6.92% GOI '39: 6.7730% (101.34)🔽🙂*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -62,381* 😭😭
*INDEX FUT. : +2933*
*INDEX OPT. : -66511*
*STOCK FUT. : +3253*
*STOCK OPT. : -2056*
*SEC. IN F&O BAN FOR 21-03-2025 :*
*1. HINDCOPPER 2. INDUSINDBK 3. MANAPPURAM 4. POLYCAB 5. SAIL*
*ADDITION : POLYCAB, MANAPPURAM*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 20-03-2025 :*
*FIIS : BUY +3,239 (16,328-13,089)* 😃
*DIIS : SELL -3,136 (11,784-14,920)* 😥
*BSE SENSEX : +899 (76,348)🔼*
*NSE NIFTY : +283 (23,190)🔼*
*BSE MIDCAP. : +253 (41,360)*🔼
*BSE SMLCAP. : +335 (46,345)*🔼
*B. CRUDE : $ 71.46 🔼😩*
*GOLD:$ 3,036=INR 91,200(10gr)*↔️😳
*SILVER : RS. 1,03,000 (kg)*↔️😳
*FOREX : RS. $ 86.37 🔼 🙂*
*6.79% NEW '34: 6.6366%(101.0675)🔽🙂*
*7.10% GOI '34: 6.6877% (102.76)🔽🙂*
*6.92% GOI '39: 6.7730% (101.34)🔽🙂*
News Headlines from Business News Agencies :
Business Standard :
📝 Indian firms seek technical help from Dutch Royal IHC for deep-sea mining
📝 Malabar Gold to invest ₹600 cr in 12 new showrooms across India this year
📝 Embassy Developments, Lam Research ink Rs 1,125 cr land deal in Bengaluru
📝 New India Assurance gets Rs 124.98 cr demand notice from Income Tax dept
📝 Oil prices hold steady as fuel drawdown offsets strong dollar impact
📝 Allianz, Jio Financial strike deal for insurance business in India
📝 Parl's Standing Committee on Finance calls for GST relief on MPLAD fund
📝 EPFO's net member addition rises 11.67% to 178,900 in Jan: Payroll data
📝 JioStar brings Brand Spotlight to linear TV this IPL to engage advertisers
📝 Axis Bank revises Vistara Credit Card terms & conditions from April 18
📝 No windfall tax on oil, gas companies after new law: Hardeep Singh Puri
📝 JSW to set up 0.5 MMT capacity copper smelter in Odisha by 2028-29
Economic Times :
📝 SoftBank to acquire US semiconductor firm Ampere for $6.5 billion
📝 Nikhil Sharma redesignated as MD and COO, South Asia at Radisson Hotel Group
📝 DPIIT inks pact with Yes Bank to support startups
📝 NCLAT allows homebuyers to manage incomplete residential societies once AoA is registered
📝 Etonhurst Capital raises Rs 180 cr as first close of Mumbai Redevelopment Fund
📝 Tata Communications likely to continue with over $200 million capex in FY26
📝 HCC-Tata Projects JV wins Rs 2,470-cr order from Tata Power
📝 Bandhan Bank collaborates with Salesforce to improve lending efficiency
📝 National interest paramount in India's decisions on international oil purchases: Centre
📝 BMW to hike car prices by up to 3 per cent from April
📝 Indian 5G user base to grow to 770 million by 2028: Nokia
📝 India's renewable hydrogen developers bank on cost advantage in lackluster global market: S&P report
Mint :
📝 Bank of England keeps rates on hold, warns against assumptions for cuts in face of uncertainty
📝 Debt issuance by governments of rich countries to hit record high, OECD says
📝 Indian Malt Whisky Association Formed to Redefine India's Global Standing
📝 German energy transition could be 300 bln euros cheaper with more efficiency, finds study
📝 Accenture Q2 Results: Tech firm raises full-year revenue growth forecast to 5-7%
📝 Sebi mulls to clarify on ESOPs for founders classified as promoters; min holding period in OFS
📝 Safeguard measures to cut India's steel imports by 50 pc in FY26: Experts
📝 Project Management Institute and Kyndryl Strengthen Partnership in South Asia
📝 Fiscal pressure on states to increase because of freebies; capex likely casualty: Emkay
📝 BIS cracks down on e-comm platforms selling unsafe products, raids warehouses
📝 Varun Beverages battles pricing wars, ramps up on expansion to protect turf
Business Standard :
📝 Indian firms seek technical help from Dutch Royal IHC for deep-sea mining
📝 Malabar Gold to invest ₹600 cr in 12 new showrooms across India this year
📝 Embassy Developments, Lam Research ink Rs 1,125 cr land deal in Bengaluru
📝 New India Assurance gets Rs 124.98 cr demand notice from Income Tax dept
📝 Oil prices hold steady as fuel drawdown offsets strong dollar impact
📝 Allianz, Jio Financial strike deal for insurance business in India
📝 Parl's Standing Committee on Finance calls for GST relief on MPLAD fund
📝 EPFO's net member addition rises 11.67% to 178,900 in Jan: Payroll data
📝 JioStar brings Brand Spotlight to linear TV this IPL to engage advertisers
📝 Axis Bank revises Vistara Credit Card terms & conditions from April 18
📝 No windfall tax on oil, gas companies after new law: Hardeep Singh Puri
📝 JSW to set up 0.5 MMT capacity copper smelter in Odisha by 2028-29
Economic Times :
📝 SoftBank to acquire US semiconductor firm Ampere for $6.5 billion
📝 Nikhil Sharma redesignated as MD and COO, South Asia at Radisson Hotel Group
📝 DPIIT inks pact with Yes Bank to support startups
📝 NCLAT allows homebuyers to manage incomplete residential societies once AoA is registered
📝 Etonhurst Capital raises Rs 180 cr as first close of Mumbai Redevelopment Fund
📝 Tata Communications likely to continue with over $200 million capex in FY26
📝 HCC-Tata Projects JV wins Rs 2,470-cr order from Tata Power
📝 Bandhan Bank collaborates with Salesforce to improve lending efficiency
📝 National interest paramount in India's decisions on international oil purchases: Centre
📝 BMW to hike car prices by up to 3 per cent from April
📝 Indian 5G user base to grow to 770 million by 2028: Nokia
📝 India's renewable hydrogen developers bank on cost advantage in lackluster global market: S&P report
Mint :
📝 Bank of England keeps rates on hold, warns against assumptions for cuts in face of uncertainty
📝 Debt issuance by governments of rich countries to hit record high, OECD says
📝 Indian Malt Whisky Association Formed to Redefine India's Global Standing
📝 German energy transition could be 300 bln euros cheaper with more efficiency, finds study
📝 Accenture Q2 Results: Tech firm raises full-year revenue growth forecast to 5-7%
📝 Sebi mulls to clarify on ESOPs for founders classified as promoters; min holding period in OFS
📝 Safeguard measures to cut India's steel imports by 50 pc in FY26: Experts
📝 Project Management Institute and Kyndryl Strengthen Partnership in South Asia
📝 Fiscal pressure on states to increase because of freebies; capex likely casualty: Emkay
📝 BIS cracks down on e-comm platforms selling unsafe products, raids warehouses
📝 Varun Beverages battles pricing wars, ramps up on expansion to protect turf
TARIFFS INDIA v/s US @ALLIESFIN
🇮🇳India Daybook Stocks in News
Glenmark Pharma: Company gets US FDA’s ANDA approval for Olopatadine Hydrochloride Ophthalmic Solution. (Positive)
Manappuram Finance: To Issues Shares Worth ₹4,385 Cr At ₹236/Sh to Bain Cap On Preferential Basis (Positive)
Lloyds Metals: Company gets environment clearance for 1.2 MTPA wire rod project & 4.0 MTPA pellet plant project at Ghugus in Chandrapur, Maharashtra (Positive)
BEL/BDL: DAC clears capital acquisition proposals worth over Rs 54,000 crore to enhance defence capabilities (Positive)
Piramal Pharma: Company arm gets market authorization for Neoatrico from United Kingdom’s Medicines and Healthcare Products Regulatory Agency. (Positive)
Ajanta Pharma: Company is expanding its Pithampur site with a new liquid formulation facility. (Positive)
Tembo Global: Tembo Defence Products received an offer letter for a mega project under the Maharashtra govt's incentive scheme. (Positive)
HCC: Company’s JV with TPL JV wins ₹2470 cr order from Tata Power (Positive)
CG Power: Company forays into air coolers space with launch of JetChill tech (Positive)
Hindalco: Kumar Mangalam Birla announces Rs 45,000 crores investment plan for Hindalco for copper, aluminium segments (Positive)
Bajaj Finance: Company elevates Rajeev Jain to vice chairman; Anup Saha named MD (Positive)
Chennai Petroleum: Company has received an interim stay from the National Green Tribunal (NGT) on the Tamil Nadu Pollution Control Board's order with demand for ₹73.68 Cr. (Positive)
Unichem Laboratories: Company announced completion of Phase I capacity expansion at its Pithampur API plant. (Positive)
Sirca Paints: Company acquires Wembley Group's business for Rs. 81.5 crores (Positive)
Asian Paints: Company Unit in share purchase pact with Berger Paints; divestment of Indonesia operations. (Positive)
Hero MotoCorp: Company diversifies into electric 3-wheeler category. Board approves strategic investment of up to ₹525 crore in Euler Motors for 32.5% stake (Positive)
CDSL: Company Arm Centrico Insurance Repository signs agreement with Life Insurance Corporation of India to provide insurance repository services. (Positive)
Power Stocks: India’s peak power demand to rise 34% by 2031-32: CEA (Positive)
Ceat: Management aims to become India’s largest car tyre maker by the end of this decade. (Positive)
RailTel: Company secures Rs. 16.89 crore order from Defence Ministry. (Positive)
Signature global: Company acquires 8.39 acres of land in Gurugram. (Positive)
Kotak Mahindra Bank: Remitted interest on 7.85% Senior Rated Listed Unsecured Redeemable Long Term Bonds to eligible bondholders. (Neutral)
Ashoka Buildcon: Company Board approved the re-appointment of Mr. Satish Parakh as Managing Director. (Neutral)
3i Infotech: Company announced the Board's approval for a Scheme of Amalgamation involving its subsidiaries (Neutral)
JSW Energy: Company raises ₹800 crore via NCDs in two tranches (Neutral)
Hindustan Unilever: Company to acquire 14.3% stake in Lucro Plastecycle (Neutral)
Heads Up Ventures: Company announced the resignation of Ms. Dhanashree Salgaonkar from the position of Company Secretary & Compliance Officer. (Neutral)
PFC: Company transferred its wholly-owned subsidiary, Mundra I Transmission Limited, to Adani Energy Solutions Limited. (Neutral)
Tamilnad Mercantile Bank: Bank appoints Sanjoy Kumar Goel as Chief Financial Officer of the bank w.e.f. March 20, 2025. (Neutral)
Container Corporation: Company placed an order with M/s GATX India Pvt. Ltd for 10 rakes of BLSS wagons on operating lease for 10 years. (Neutral)
Zomato: Ministry of Corporate Affairs approves change in name of the company to ‘Eternal’ from 'Zomato' (Neutral)
Goodyear India: Mr. Gajender Singh resigns as Whole-Time Director & KMP, effective Apr 6, 2025. (Neutral)
Vivanza Biosciences: Company announced the appointment of CS Siddhi Shah as Company Secretary & Compliance Officer on Mar 20, 2025. (Neutral)
ICICI Bank/Bajaj Housing/BSE/Blue Star/Kotak Bank: FTSE rebalancing will come into effect on March 21 (Neutral)
Glenmark Pharma: Company gets US FDA’s ANDA approval for Olopatadine Hydrochloride Ophthalmic Solution. (Positive)
Manappuram Finance: To Issues Shares Worth ₹4,385 Cr At ₹236/Sh to Bain Cap On Preferential Basis (Positive)
Lloyds Metals: Company gets environment clearance for 1.2 MTPA wire rod project & 4.0 MTPA pellet plant project at Ghugus in Chandrapur, Maharashtra (Positive)
BEL/BDL: DAC clears capital acquisition proposals worth over Rs 54,000 crore to enhance defence capabilities (Positive)
Piramal Pharma: Company arm gets market authorization for Neoatrico from United Kingdom’s Medicines and Healthcare Products Regulatory Agency. (Positive)
Ajanta Pharma: Company is expanding its Pithampur site with a new liquid formulation facility. (Positive)
Tembo Global: Tembo Defence Products received an offer letter for a mega project under the Maharashtra govt's incentive scheme. (Positive)
HCC: Company’s JV with TPL JV wins ₹2470 cr order from Tata Power (Positive)
CG Power: Company forays into air coolers space with launch of JetChill tech (Positive)
Hindalco: Kumar Mangalam Birla announces Rs 45,000 crores investment plan for Hindalco for copper, aluminium segments (Positive)
Bajaj Finance: Company elevates Rajeev Jain to vice chairman; Anup Saha named MD (Positive)
Chennai Petroleum: Company has received an interim stay from the National Green Tribunal (NGT) on the Tamil Nadu Pollution Control Board's order with demand for ₹73.68 Cr. (Positive)
Unichem Laboratories: Company announced completion of Phase I capacity expansion at its Pithampur API plant. (Positive)
Sirca Paints: Company acquires Wembley Group's business for Rs. 81.5 crores (Positive)
Asian Paints: Company Unit in share purchase pact with Berger Paints; divestment of Indonesia operations. (Positive)
Hero MotoCorp: Company diversifies into electric 3-wheeler category. Board approves strategic investment of up to ₹525 crore in Euler Motors for 32.5% stake (Positive)
CDSL: Company Arm Centrico Insurance Repository signs agreement with Life Insurance Corporation of India to provide insurance repository services. (Positive)
Power Stocks: India’s peak power demand to rise 34% by 2031-32: CEA (Positive)
Ceat: Management aims to become India’s largest car tyre maker by the end of this decade. (Positive)
RailTel: Company secures Rs. 16.89 crore order from Defence Ministry. (Positive)
Signature global: Company acquires 8.39 acres of land in Gurugram. (Positive)
Kotak Mahindra Bank: Remitted interest on 7.85% Senior Rated Listed Unsecured Redeemable Long Term Bonds to eligible bondholders. (Neutral)
Ashoka Buildcon: Company Board approved the re-appointment of Mr. Satish Parakh as Managing Director. (Neutral)
3i Infotech: Company announced the Board's approval for a Scheme of Amalgamation involving its subsidiaries (Neutral)
JSW Energy: Company raises ₹800 crore via NCDs in two tranches (Neutral)
Hindustan Unilever: Company to acquire 14.3% stake in Lucro Plastecycle (Neutral)
Heads Up Ventures: Company announced the resignation of Ms. Dhanashree Salgaonkar from the position of Company Secretary & Compliance Officer. (Neutral)
PFC: Company transferred its wholly-owned subsidiary, Mundra I Transmission Limited, to Adani Energy Solutions Limited. (Neutral)
Tamilnad Mercantile Bank: Bank appoints Sanjoy Kumar Goel as Chief Financial Officer of the bank w.e.f. March 20, 2025. (Neutral)
Container Corporation: Company placed an order with M/s GATX India Pvt. Ltd for 10 rakes of BLSS wagons on operating lease for 10 years. (Neutral)
Zomato: Ministry of Corporate Affairs approves change in name of the company to ‘Eternal’ from 'Zomato' (Neutral)
Goodyear India: Mr. Gajender Singh resigns as Whole-Time Director & KMP, effective Apr 6, 2025. (Neutral)
Vivanza Biosciences: Company announced the appointment of CS Siddhi Shah as Company Secretary & Compliance Officer on Mar 20, 2025. (Neutral)
ICICI Bank/Bajaj Housing/BSE/Blue Star/Kotak Bank: FTSE rebalancing will come into effect on March 21 (Neutral)
NIACL: Company received an order from the Income Tax Dept. levying a penalty of Rs 1.24 Cr for AY 2016-17. (Neutral)
IREDA: Company’s board to meet on March 25 to discuss FY26 borrowing plan. (Neutral)
TVS Motor: Company declares an interim dividend of Rs 10/share for FY25. Appoints Peyman Kargar as Head - International Business of the company effective April 1, 2025 (Neutral)
TCS: Company has partnered with The Cumberland Building Society in the UK to modernize its core banking ecosystem. (Neutral)
Happiest Minds: Company announced the re-designation of Mr. Ashok Soota from Executive Chairman to Chairman & Chief Mentor. (Neutral)
Dr. Reddy's: Promoter Satish Reddy acquired 0.67% shares (56,02,495) via transmission from Late Mrs. Samrajyam Reddy (Neutral)
Triton Corp: Rajendra Seclease Limited, a promoter, will acquire 3,09,61,237 equity shares (15.49%) of Triton Corp. (Neutral)
Asian Paints: Satyen A. Gandhi released 14,87,800 shares (0.16% of total share capital) from encumbrance (Neutral)
Virinchi Limited: Promoter Viswanath Kompella pledged 4,00,000 equity shares (Neutral)
Indian Bank: Board approved raising additional Long Term Infrastructure Bonds up to ₹5000 Cr, on top of ₹10000 Cr already raised in FY24-25. (Neutral)
IndusInd Bank: Appoints independent firm to conduct probe & identify root cause of discrepancies in derivative portfolio (Neutral)
Muthoot Capital: Company issued a Commercial Paper (CP) for ₹10 Cr on Mar 20, 2025. (Neutral)
TVS Motor Company announced an interim dividend of ₹10 per share on for FY25. Record date is Mar 26, 2025 (Neutral)
Greenlam: Ex-Bonus date today, Bonus Ratio 1:1. (Neutral)
CG Power: Ex-Dividend date today, Interim dividend Rs 1.3/Sh (Neutral)
NMDC: Ex-Dividend date today, Interim dividend Rs 2.3/Sh (Neutral)
IRFC: Ex-Dividend date today, Interim dividend Rs 0.8/Sh (Neutral)
TBO Tek: Augusta TBO Singapore Pte Ltd. and TBO Korea Holdings Ltd. offer to sell up to 3.1% stake via block deal. Offer floor price set at Rs 1180 rupees, a 7% discount to CMP: Bloomberg
Allcargo Logistics: LCL Volume Stood At 604’000 Cubic Meters for the Month of Feb 2025 as Against 679’000 during Same Period Last Year.
Technology stocks: U.S. listed IT company Accenture shares fall 7% after results.
IREDA: Company’s board to meet on March 25 to discuss FY26 borrowing plan. (Neutral)
TVS Motor: Company declares an interim dividend of Rs 10/share for FY25. Appoints Peyman Kargar as Head - International Business of the company effective April 1, 2025 (Neutral)
TCS: Company has partnered with The Cumberland Building Society in the UK to modernize its core banking ecosystem. (Neutral)
Happiest Minds: Company announced the re-designation of Mr. Ashok Soota from Executive Chairman to Chairman & Chief Mentor. (Neutral)
Dr. Reddy's: Promoter Satish Reddy acquired 0.67% shares (56,02,495) via transmission from Late Mrs. Samrajyam Reddy (Neutral)
Triton Corp: Rajendra Seclease Limited, a promoter, will acquire 3,09,61,237 equity shares (15.49%) of Triton Corp. (Neutral)
Asian Paints: Satyen A. Gandhi released 14,87,800 shares (0.16% of total share capital) from encumbrance (Neutral)
Virinchi Limited: Promoter Viswanath Kompella pledged 4,00,000 equity shares (Neutral)
Indian Bank: Board approved raising additional Long Term Infrastructure Bonds up to ₹5000 Cr, on top of ₹10000 Cr already raised in FY24-25. (Neutral)
IndusInd Bank: Appoints independent firm to conduct probe & identify root cause of discrepancies in derivative portfolio (Neutral)
Muthoot Capital: Company issued a Commercial Paper (CP) for ₹10 Cr on Mar 20, 2025. (Neutral)
TVS Motor Company announced an interim dividend of ₹10 per share on for FY25. Record date is Mar 26, 2025 (Neutral)
Greenlam: Ex-Bonus date today, Bonus Ratio 1:1. (Neutral)
CG Power: Ex-Dividend date today, Interim dividend Rs 1.3/Sh (Neutral)
NMDC: Ex-Dividend date today, Interim dividend Rs 2.3/Sh (Neutral)
IRFC: Ex-Dividend date today, Interim dividend Rs 0.8/Sh (Neutral)
TBO Tek: Augusta TBO Singapore Pte Ltd. and TBO Korea Holdings Ltd. offer to sell up to 3.1% stake via block deal. Offer floor price set at Rs 1180 rupees, a 7% discount to CMP: Bloomberg
Allcargo Logistics: LCL Volume Stood At 604’000 Cubic Meters for the Month of Feb 2025 as Against 679’000 during Same Period Last Year.
Technology stocks: U.S. listed IT company Accenture shares fall 7% after results.
Nifty 23385
Rupee set for best weekly gains in two years.
RBI rocks 👌
Rupee set for best weekly gains in two years.
RBI rocks 👌
Mkt. Updates :
GIFT Nifty +128 pts (23500) from last trade 23382 ,
Nikkei +88 pts ,
Hangseng +60 pts ,
Dow +32.03 pts ,Nsdq +92.43 pts, S&P
+4.67 pts , Bovespa +389 pts , Ftse -55 pts , Dax -107 pts , Cac -51 pts , Crude @ $68.31 brl (+0.03), Brent @ $72.19 brl (+0.03) , Gold @ 3030.60 (+9.20), Silver $33.62 (+0.13), Euro @ $1.0825, JPY @ $149.56, INR @ 85.995
US GOVT. 10-YR YIELD : 4.27%
*Today's Corporate Action, 24 Mar Ex Date :*
Bodhi Tree Multimedia Ltd
Right Issue of Equity Shares
Digital Fibre Infrastructure Trust
Income Distribution (InvIT)
Enbee Trade & Finance Ltd
Bonus issue 1:6
Intelligent Supply Chain Infrastructure
Income Distribution (InvIT)
ICICI Securities Ltd
Scheme of Arrangement
*Today's Key Results/Board Meetings, 24-Mar-25 :*
ALSL
General
CELEBRITY
General
EASEMYTRIP
General
GHVINFRA
Preferential Issue of shares
HYPERSOFT
Preferential Issue of shares
KAMAHOLD
Interim Dividend
MATRIMONY
Interim Dividend
MRUTR
Stock Split;General
PESB
General
SOLIMAC
General
SONALIS
Right Issue of Equity Shares;General
SUPRAPFSL
General
TIL
General
TVSHLTD
Interim Dividend
*SEC. IN F&O BAN FOR 24-03-2025 :*
*1. HINDCOPPER 2. INDUSINDBK 3. POLYCAB*
*ADDITION : NIL*
*DELETION : MANAPPURAM, SAIL*
GIFT Nifty +128 pts (23500) from last trade 23382 ,
Nikkei +88 pts ,
Hangseng +60 pts ,
Dow +32.03 pts ,Nsdq +92.43 pts, S&P
+4.67 pts , Bovespa +389 pts , Ftse -55 pts , Dax -107 pts , Cac -51 pts , Crude @ $68.31 brl (+0.03), Brent @ $72.19 brl (+0.03) , Gold @ 3030.60 (+9.20), Silver $33.62 (+0.13), Euro @ $1.0825, JPY @ $149.56, INR @ 85.995
US GOVT. 10-YR YIELD : 4.27%
*Today's Corporate Action, 24 Mar Ex Date :*
Bodhi Tree Multimedia Ltd
Right Issue of Equity Shares
Digital Fibre Infrastructure Trust
Income Distribution (InvIT)
Enbee Trade & Finance Ltd
Bonus issue 1:6
Intelligent Supply Chain Infrastructure
Income Distribution (InvIT)
ICICI Securities Ltd
Scheme of Arrangement
*Today's Key Results/Board Meetings, 24-Mar-25 :*
ALSL
General
CELEBRITY
General
EASEMYTRIP
General
GHVINFRA
Preferential Issue of shares
HYPERSOFT
Preferential Issue of shares
KAMAHOLD
Interim Dividend
MATRIMONY
Interim Dividend
MRUTR
Stock Split;General
PESB
General
SOLIMAC
General
SONALIS
Right Issue of Equity Shares;General
SUPRAPFSL
General
TIL
General
TVSHLTD
Interim Dividend
*SEC. IN F&O BAN FOR 24-03-2025 :*
*1. HINDCOPPER 2. INDUSINDBK 3. POLYCAB*
*ADDITION : NIL*
*DELETION : MANAPPURAM, SAIL*
🇮🇳India Daybook Stocks in News
*Godrej Properties:* Company acquires 10 acres of land in Yelahanka, Bengaluru for residential development, estimated revenue potential at ₹2,500 crore (Positive)
*Alembic Pharma:* US FDA completes inspection of company’s API-III facility at Karakhadi, issues zero form 483 observation (Positive)
*Welspun Corp:* Company completes transaction with strategic investor in arm ‘Nauyaan Shipyard’, gets ₹476.39 crore for 74% stake (Positive)
*Power Mech:* Company announced the receipt of a ₹579 Crore order (excluding GST) from Bharat Heavy Electricals Limited (Positive)
*NCC:* Company gets LoA for a project worth ₹1,480.34 crore from Bihar Medical Services and Infrastructure corp. (Positive)
*Gland Pharma:* Vanguard Buys 18.55 lakh shares (Positive)
*Nazara:* Norges Bank pension fund global bought 719000 shares at Rs. 969.65. (Positive)
*Godrej Agrovet:* Company signs share purchase agreement with promoter group of Creamline Dairy Products to buy 47.38% equity stake in Creamline Dairy Products. (Positive)
*TBO Tek:* SBI Mutual Fund, ICICI Prudential MF and Nippon India MF purchase a 4.12% stake in TBO Tek for Rs 537 crore via open market deals. (Positive)
*Adani Green Energy:* Subsidiary company commissioned a 250 MW solar project in Rajasthan (Positive)
*IFCI:* Govt appoints Rahul Bhave as MD & CEO of IFCI for 3 years (Positive)
*Hindustan Copper:* Company appoints Sanjiv Kumar Singh as Chairman and Managing Director (CMD) of the company w.e.f. March 21 (Positive)
*Mahindra Lifespace:* Company targets ₹400-500 crore annual revenue from industrial parks for FY26 (Positive)
*Avenue Supermarts:* Company opened a new store in Sankeshwar, Belagavi on March 21, 2025. The total store count is now 399. (Positive)
*MSTC:* Company gets work order from Coal India to provide e-auction services for coal & coal products for 2 years (Positive)
*Allied Blenders:* Company announced an increase in production capacity of 15 lakh bulk litres of grain-based spirit for FY25. (Positive)
*Eureka Industries:* Company announced the receipt of a purchase order from Grainspan Nutrients Private Limited for the supply of 5000.00 MT of Maize, the order is valued at Rs 12.10 Crores. (Positive)
*NMDC:* Federation of the unions asked their members to resume duties fully & employees have resumed duties & normal operations have resumed at all the projects. (Positive)
*Unicommerce:* Company acquires Shipway to become e-commerce one-stop shop (Positive)
*Kings Infra:* CRISIL Ratings has upgraded the credit ratings for Kings Infra Ventures Ltd. (Positive)
*Lemon Tree:* Company opened its 10th hotel in Rajasthan, Keys Prima in Kota (Positive)
*Reliance Industries:* Company acquires 74% stake in Nauyaan Shipyard for ₹382.73 crore. (Neutral)
*Ashoka Buildcon:* Company Board approved the re-appointment of Mr. Satish Parakh as Managing Director. (Neutral)
*Wonderla Holidays:* Company expects a 5% to 10% increase in footfall during the summer season. (Neutral)
*Allcargo Gati:* Company announced an increase in its authorized share capital from ₹35 Cr to ₹70 Cr. (Neutral)
*Indusind Bank:* Taps Grant Thornton for fraud checks in accounting case, ET sources (Neutral)
*Apollo Hospitals:* Arm buys 11.2% stake in Keimed for ₹625.23 crore. (Neutral)
*Power Finance:* Special Purpose Vehicles (SPVs) Companies have been incorporated as wholly owned subsidiaries of PFC Consulting Limited (PFCCL) (Neutral)
*Maithan Alloys:* Company completed the acquisition of Eloise Builders & Constructions Private Limited (Neutral)
*Samvardhana Motherson:* Company declared an interim dividend of ₹0.50 per equity share (Neutral)
*Dr Reddy’s:* Company’s Board meeting on 09th May to approve Financial Results and Dividend recommendation. (Neutral)
*IndusInd Bank:* Exchanges has been excluded Bank from ASM Framework. (Neutral)
*Power Grid:* Company acquired Fatehgarh II and Barmer I PS Transmission Limited (FIIBITL). (Neutral)
*Godrej Properties:* Company acquires 10 acres of land in Yelahanka, Bengaluru for residential development, estimated revenue potential at ₹2,500 crore (Positive)
*Alembic Pharma:* US FDA completes inspection of company’s API-III facility at Karakhadi, issues zero form 483 observation (Positive)
*Welspun Corp:* Company completes transaction with strategic investor in arm ‘Nauyaan Shipyard’, gets ₹476.39 crore for 74% stake (Positive)
*Power Mech:* Company announced the receipt of a ₹579 Crore order (excluding GST) from Bharat Heavy Electricals Limited (Positive)
*NCC:* Company gets LoA for a project worth ₹1,480.34 crore from Bihar Medical Services and Infrastructure corp. (Positive)
*Gland Pharma:* Vanguard Buys 18.55 lakh shares (Positive)
*Nazara:* Norges Bank pension fund global bought 719000 shares at Rs. 969.65. (Positive)
*Godrej Agrovet:* Company signs share purchase agreement with promoter group of Creamline Dairy Products to buy 47.38% equity stake in Creamline Dairy Products. (Positive)
*TBO Tek:* SBI Mutual Fund, ICICI Prudential MF and Nippon India MF purchase a 4.12% stake in TBO Tek for Rs 537 crore via open market deals. (Positive)
*Adani Green Energy:* Subsidiary company commissioned a 250 MW solar project in Rajasthan (Positive)
*IFCI:* Govt appoints Rahul Bhave as MD & CEO of IFCI for 3 years (Positive)
*Hindustan Copper:* Company appoints Sanjiv Kumar Singh as Chairman and Managing Director (CMD) of the company w.e.f. March 21 (Positive)
*Mahindra Lifespace:* Company targets ₹400-500 crore annual revenue from industrial parks for FY26 (Positive)
*Avenue Supermarts:* Company opened a new store in Sankeshwar, Belagavi on March 21, 2025. The total store count is now 399. (Positive)
*MSTC:* Company gets work order from Coal India to provide e-auction services for coal & coal products for 2 years (Positive)
*Allied Blenders:* Company announced an increase in production capacity of 15 lakh bulk litres of grain-based spirit for FY25. (Positive)
*Eureka Industries:* Company announced the receipt of a purchase order from Grainspan Nutrients Private Limited for the supply of 5000.00 MT of Maize, the order is valued at Rs 12.10 Crores. (Positive)
*NMDC:* Federation of the unions asked their members to resume duties fully & employees have resumed duties & normal operations have resumed at all the projects. (Positive)
*Unicommerce:* Company acquires Shipway to become e-commerce one-stop shop (Positive)
*Kings Infra:* CRISIL Ratings has upgraded the credit ratings for Kings Infra Ventures Ltd. (Positive)
*Lemon Tree:* Company opened its 10th hotel in Rajasthan, Keys Prima in Kota (Positive)
*Reliance Industries:* Company acquires 74% stake in Nauyaan Shipyard for ₹382.73 crore. (Neutral)
*Ashoka Buildcon:* Company Board approved the re-appointment of Mr. Satish Parakh as Managing Director. (Neutral)
*Wonderla Holidays:* Company expects a 5% to 10% increase in footfall during the summer season. (Neutral)
*Allcargo Gati:* Company announced an increase in its authorized share capital from ₹35 Cr to ₹70 Cr. (Neutral)
*Indusind Bank:* Taps Grant Thornton for fraud checks in accounting case, ET sources (Neutral)
*Apollo Hospitals:* Arm buys 11.2% stake in Keimed for ₹625.23 crore. (Neutral)
*Power Finance:* Special Purpose Vehicles (SPVs) Companies have been incorporated as wholly owned subsidiaries of PFC Consulting Limited (PFCCL) (Neutral)
*Maithan Alloys:* Company completed the acquisition of Eloise Builders & Constructions Private Limited (Neutral)
*Samvardhana Motherson:* Company declared an interim dividend of ₹0.50 per equity share (Neutral)
*Dr Reddy’s:* Company’s Board meeting on 09th May to approve Financial Results and Dividend recommendation. (Neutral)
*IndusInd Bank:* Exchanges has been excluded Bank from ASM Framework. (Neutral)
*Power Grid:* Company acquired Fatehgarh II and Barmer I PS Transmission Limited (FIIBITL). (Neutral)
*Torrent Power:* Company sold equity shares of 20 subsidiaries to its wholly owned subsidiary, Torrent Green Energy Private Limited, for ₹424.26 Cr. (Neutral)
*Laxmi Dental:* Company announced the appointment of M/s. M. Jawadwala & Co. as Secretarial Auditors for FY25. (Neutral)
*Adani Enterprises:* Company announced the incorporation of Cococart International-FZCO (CIFZCO) in Dubai, UAE (Neutral)
*Sanghvi Movers:* Company announced the appointment of Mr. Ishwar Chand Mangal as a Non-Executive Independent Director for a 5-year term (Neutral)
*Insolation Energy:* Company appoints Ravi Dusad as Chief Financial Officer (CFO) of the company w.e.f. March 22, 2025. (Neutral)
*IDBI Bank:* RBI imposes penalty of ₹36.30 lk on the bank under Section 11(3) of FEMA, 1999 (Neutral)
*L&T:* Board approves long-term borrowings of up to ₹12,000 crore. Elevated Subramanian Sarma as Deputy MD & President of the company from April 2 (Neutral)
*UCO Bank:* Launches QIP, total size is at ₹2,000 crore. QIP price Rs 34.27/Sh with discount to 5.0 percent at floor price: CNBC sources. (Neutral)
*Mahindra & Mahindra:* Company to increase prices by up to 3% for SUV, CV from April (Neutral)
*Insolation Energy:* Company announced the resignation of Ms. Madhuri Maheshwari from the position of Chief Financial Officer, effective March 21, 2025. (Neutral)
*Fortis Healthcare:* Company receives injunction order related to Shrimann Hospital acquisition. (Neutral)
*Tata Steel:* Incident reported at steel melting shop in Kalinganagar, few employees met with injuries (Neutral)
*Minda Corporation:* Company issued & allotted Commercial Paper worth Rs 100 Cr on Mar 21, 2025. (Neutral)
*Walchandnagar:* Mr. Santanu Ghoshal, President, and resigned, effective March 21, 2025. (Neutral)
*Birla Cable:* Company announced Ms. Suman as the new Company Secretary & Compliance Officer, effective Mar 21, 2025. Mr. Somesh Laddha (Neutral)
*Sundaram-Clayton:* Company declares interim dividend of Rs 4.75/share for FY25. (Neutral)
*Naperol Investments:* Company declared an interim dividend of Rs 9.00 per equity share for FY24-25. Record date is Mar 27, 2025. (Neutral)
*Jindal Stainless:* Anurag Mantri has resigned from post of Executive Director and Group CFO. (Neutral)
*JSW Energy:* Mr. Ashok Ramachandran resigned as Director, Whole-time Director, & Key Managerial Personnel due to personal reasons, effective Apr 8, 2025. (Neutral)
*Rajoo Engineers:* Company announced the resignation of CFO, Mr. Prakash C. Daga, and effective March 21, 2025 (Neutral)
*ICICI Sec:* Ex-Merger date today with ICICI Bank, Ratio 67:100. (Neutral)
*IRCON:* Conarch associates initiate an arbitration claim of ₹158.89 crore against the company at the Arbitration tribunal. (Neutral)
*Bodhi Tree Multimedia:* Ex-Right date today, Ratio 4:9 (Neutral)
*Vodafone Idea:* Company says It Can't Furnish Rs 6,051 Crore Bank guarantee (Neutral)
*Manappuram:* BOFA securities Sold 40lk shares (0.5% equity) in bulk deal. (Neutral)
*Ujaas Energy:* Company received a Show Cause Notice from the GST Dept. for the period Apr 2021-Mar 2022 & Apr 2022-Mar 2023. The SCN, recd on Mar 13, 2025, cites short/non-payment of GST & incorrect input credit. The demand is Rs 51.14 cr. incl. interest & penalty
*Rama Steel Tubes:* ICRA has downgraded the company's credit ratings. The long-term fund-based cash credit rating was lowered to [ICRA] BBB- (Stable).
*Johnson Controls:* Company received a Show Cause Notice from the Commissioner of Customs, JNCH, Nhavasheva, alleging an incorrect claim of preferential Customs Duty. The claim in the notice is for Rs 58.03 Cr.
*Hindalco:* Novelis will not have another go at an IPO for at least one more year, amid valuation concerns: Media sources.
*Laxmi Dental:* Company announced the appointment of M/s. M. Jawadwala & Co. as Secretarial Auditors for FY25. (Neutral)
*Adani Enterprises:* Company announced the incorporation of Cococart International-FZCO (CIFZCO) in Dubai, UAE (Neutral)
*Sanghvi Movers:* Company announced the appointment of Mr. Ishwar Chand Mangal as a Non-Executive Independent Director for a 5-year term (Neutral)
*Insolation Energy:* Company appoints Ravi Dusad as Chief Financial Officer (CFO) of the company w.e.f. March 22, 2025. (Neutral)
*IDBI Bank:* RBI imposes penalty of ₹36.30 lk on the bank under Section 11(3) of FEMA, 1999 (Neutral)
*L&T:* Board approves long-term borrowings of up to ₹12,000 crore. Elevated Subramanian Sarma as Deputy MD & President of the company from April 2 (Neutral)
*UCO Bank:* Launches QIP, total size is at ₹2,000 crore. QIP price Rs 34.27/Sh with discount to 5.0 percent at floor price: CNBC sources. (Neutral)
*Mahindra & Mahindra:* Company to increase prices by up to 3% for SUV, CV from April (Neutral)
*Insolation Energy:* Company announced the resignation of Ms. Madhuri Maheshwari from the position of Chief Financial Officer, effective March 21, 2025. (Neutral)
*Fortis Healthcare:* Company receives injunction order related to Shrimann Hospital acquisition. (Neutral)
*Tata Steel:* Incident reported at steel melting shop in Kalinganagar, few employees met with injuries (Neutral)
*Minda Corporation:* Company issued & allotted Commercial Paper worth Rs 100 Cr on Mar 21, 2025. (Neutral)
*Walchandnagar:* Mr. Santanu Ghoshal, President, and resigned, effective March 21, 2025. (Neutral)
*Birla Cable:* Company announced Ms. Suman as the new Company Secretary & Compliance Officer, effective Mar 21, 2025. Mr. Somesh Laddha (Neutral)
*Sundaram-Clayton:* Company declares interim dividend of Rs 4.75/share for FY25. (Neutral)
*Naperol Investments:* Company declared an interim dividend of Rs 9.00 per equity share for FY24-25. Record date is Mar 27, 2025. (Neutral)
*Jindal Stainless:* Anurag Mantri has resigned from post of Executive Director and Group CFO. (Neutral)
*JSW Energy:* Mr. Ashok Ramachandran resigned as Director, Whole-time Director, & Key Managerial Personnel due to personal reasons, effective Apr 8, 2025. (Neutral)
*Rajoo Engineers:* Company announced the resignation of CFO, Mr. Prakash C. Daga, and effective March 21, 2025 (Neutral)
*ICICI Sec:* Ex-Merger date today with ICICI Bank, Ratio 67:100. (Neutral)
*IRCON:* Conarch associates initiate an arbitration claim of ₹158.89 crore against the company at the Arbitration tribunal. (Neutral)
*Bodhi Tree Multimedia:* Ex-Right date today, Ratio 4:9 (Neutral)
*Vodafone Idea:* Company says It Can't Furnish Rs 6,051 Crore Bank guarantee (Neutral)
*Manappuram:* BOFA securities Sold 40lk shares (0.5% equity) in bulk deal. (Neutral)
*Ujaas Energy:* Company received a Show Cause Notice from the GST Dept. for the period Apr 2021-Mar 2022 & Apr 2022-Mar 2023. The SCN, recd on Mar 13, 2025, cites short/non-payment of GST & incorrect input credit. The demand is Rs 51.14 cr. incl. interest & penalty
*Rama Steel Tubes:* ICRA has downgraded the company's credit ratings. The long-term fund-based cash credit rating was lowered to [ICRA] BBB- (Stable).
*Johnson Controls:* Company received a Show Cause Notice from the Commissioner of Customs, JNCH, Nhavasheva, alleging an incorrect claim of preferential Customs Duty. The claim in the notice is for Rs 58.03 Cr.
*Hindalco:* Novelis will not have another go at an IPO for at least one more year, amid valuation concerns: Media sources.
❤1
Forwarded from Aapka Saarthi @STOCKARTHi Make Money Work For You !!! (۞ A X i T D S H A H ۞)
STOCK LENDING OPPORTUNITIES
SLBM CURRENT RATE Series ( ROLL OVER OPPORTUNITIES AS NSE X4 - Apr & X5 - May ) @ALLIESFIN
SLBM CURRENT RATE Series ( ROLL OVER OPPORTUNITIES AS NSE X4 - Apr & X5 - May ) @ALLIESFIN
Mkt. Updates :
*GIFT Nifty +35 pts (23755) from last trade 23720 ,*
Nikkei +426 pts ,
Hangseng -262 pts ,
Dow +597.97 pts ,Nsdq +404.54 pts, S&P
+100.01 pts , Bovespa -1023 pts , Ftse -8 pts , Dax -39 pts , Cac -20 pts , Crude @ $69.11 brl (+0.00), Brent @ $73.01 brl (+0.01) , Gold @ 3015.70 (+0.10), Silver $33.47 (+0.02), Euro @ $1.0797, JPY @ $150.83, INR @ 85.555
*🔹US GOVT. 10-YR YIELD : 4.33%*
*Today's Corporate Action, 25 Mar Ex Date :*
KSOLVES
Interim Dividend - Rs. - 7.5000
MIDHANI
Interim Dividend - Rs. - 0.7500
*Today's Key Results/Board Meetings, 25-Mar-25 :*
ADCINDIA
Interim Dividend
ARIHANTSUP
General
CTLLAB
General
GLCL
Increase in Authorised Capital;Preferential Issue of shares
IREDA
General
JUMBO
Preferential Issue of shares;General
MANRAJH
General
PHCAP
Interim Dividend
ROSEMER
General
SHANTIDENM
General
SIS
Buy Back of Shares
SOUTHERNIN
General
VLL
Stock Split
*🔹SEC. IN F&O BAN FOR 25-03-2025 :*
*1. INDUSINDBK*
*ADDITION : NIL*
*DELETION : PLOYCAB, HINDCOPPER*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 746.55 BILLION*
*GIFT Nifty +35 pts (23755) from last trade 23720 ,*
Nikkei +426 pts ,
Hangseng -262 pts ,
Dow +597.97 pts ,Nsdq +404.54 pts, S&P
+100.01 pts , Bovespa -1023 pts , Ftse -8 pts , Dax -39 pts , Cac -20 pts , Crude @ $69.11 brl (+0.00), Brent @ $73.01 brl (+0.01) , Gold @ 3015.70 (+0.10), Silver $33.47 (+0.02), Euro @ $1.0797, JPY @ $150.83, INR @ 85.555
*🔹US GOVT. 10-YR YIELD : 4.33%*
*Today's Corporate Action, 25 Mar Ex Date :*
KSOLVES
Interim Dividend - Rs. - 7.5000
MIDHANI
Interim Dividend - Rs. - 0.7500
*Today's Key Results/Board Meetings, 25-Mar-25 :*
ADCINDIA
Interim Dividend
ARIHANTSUP
General
CTLLAB
General
GLCL
Increase in Authorised Capital;Preferential Issue of shares
IREDA
General
JUMBO
Preferential Issue of shares;General
MANRAJH
General
PHCAP
Interim Dividend
ROSEMER
General
SHANTIDENM
General
SIS
Buy Back of Shares
SOUTHERNIN
General
VLL
Stock Split
*🔹SEC. IN F&O BAN FOR 25-03-2025 :*
*1. INDUSINDBK*
*ADDITION : NIL*
*DELETION : PLOYCAB, HINDCOPPER*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 746.55 BILLION*
*News Headlines from Business News Agencies:*
*Business Standard*
📝 Private capex share in economy dipped to decadal low of 33% in FY24: Icra
📝 RBI's $10 billion forex swap sees over 2x demand, cut-off at Rs 5.86
📝 Softer increase in services sector activity slows flash PMI in March
📝 CDSCO asks MSME pharma firms to apply online for Schedule M extension
📝 Sectoral fund inflows down 75% from peak, 19% of schemes at losses: Report
📝 India's data centre industry now worth $10 bn, shows explosive growth
📝 Removal of 20% onion export duty to boost farmers' income: Shivraj Chouhan
📝 India's tech startups raise $2.5 billion in Q1 2025, up 8.7% from 2024
📝 BFSI sector leases 13.4 msf of office space in 2024, up 19% from 2023: JLL
📝 India's spot oil demand dips as Russian supply nears normal levels
📝 Mt K Kapital plans second real estate fund with Rs 2,500 crore corpus
📝 India's top 10 toll plazas collect Rs 13,988 cr in 5 years: Govt data
*Economic Times*
📝 Vikram Sahu to take over as the new Bank of America India Head, to replace Kaku Nakhate
📝 Jindal India Renewable Energy gets LoA for 300 MW solar plus storage project from NHPC
📝 By 2030, Akasa will be among 30 largest global airlines by fleet size; may grab 15% India market share in 5-7 years: Vinay Dube
📝 Recycling industry to hit $3 trillion by 2047
📝 Australia to speed up $1 billion in defence spending in budget, says defence minister
📝 Indian Overseas Bank issues show cause notice to IL&FS Engineering
📝 Removal of 20pc export duty on onion to boost farmers' income: Agriculture Minister
📝 Mahindra likely in talks to buy Sumitomo's entire stake in SML Isuzu
📝 AI chip startup FuriosaAI rejects Meta’s $800 million offer
📝 Tata Autocomp to acquire International Automotive Components Group Sweden
📝 Signs of early recovery of China's diamond industry sparks optimism for Indian exports: GJEPC
📝 DGCA and airlines clash over transparency in ticket pricing, cite commercial sensitivity
*Mint*
📝 India working to become credible, competitive alternative to global shipbuilding industry: Sonowal
📝 Saudi Banks Set to Sell Bad Loans Ahead of Boom in Giga Projects
📝 PBOC Unveils New Method to Auction Its One-Year Loans to Banks
📝 Hungary Central Bank Scandal Sinks Polish Developer GTC’s Bonds
📝 L&T arm signs MoU with John Cockerill Energy to explore specific green-power tech
📝 Tariffs will allow India to focus on self-reliance, boost local produce: Report
📝 ACME Solar plans up to ₹35,000 cr capex by 2027
📝 Fast and furious: Startups tweak operations in shift to quick commerce lane
📝 BirlaNu eyes higher capacity, acquisitions to revive growth
📝 Russian central bank sees chance of prolonged low oil price cycle
📝 Volkswagen, BMW group electric cars outsell Tesla in Europe in February
*Business Standard*
📝 Private capex share in economy dipped to decadal low of 33% in FY24: Icra
📝 RBI's $10 billion forex swap sees over 2x demand, cut-off at Rs 5.86
📝 Softer increase in services sector activity slows flash PMI in March
📝 CDSCO asks MSME pharma firms to apply online for Schedule M extension
📝 Sectoral fund inflows down 75% from peak, 19% of schemes at losses: Report
📝 India's data centre industry now worth $10 bn, shows explosive growth
📝 Removal of 20% onion export duty to boost farmers' income: Shivraj Chouhan
📝 India's tech startups raise $2.5 billion in Q1 2025, up 8.7% from 2024
📝 BFSI sector leases 13.4 msf of office space in 2024, up 19% from 2023: JLL
📝 India's spot oil demand dips as Russian supply nears normal levels
📝 Mt K Kapital plans second real estate fund with Rs 2,500 crore corpus
📝 India's top 10 toll plazas collect Rs 13,988 cr in 5 years: Govt data
*Economic Times*
📝 Vikram Sahu to take over as the new Bank of America India Head, to replace Kaku Nakhate
📝 Jindal India Renewable Energy gets LoA for 300 MW solar plus storage project from NHPC
📝 By 2030, Akasa will be among 30 largest global airlines by fleet size; may grab 15% India market share in 5-7 years: Vinay Dube
📝 Recycling industry to hit $3 trillion by 2047
📝 Australia to speed up $1 billion in defence spending in budget, says defence minister
📝 Indian Overseas Bank issues show cause notice to IL&FS Engineering
📝 Removal of 20pc export duty on onion to boost farmers' income: Agriculture Minister
📝 Mahindra likely in talks to buy Sumitomo's entire stake in SML Isuzu
📝 AI chip startup FuriosaAI rejects Meta’s $800 million offer
📝 Tata Autocomp to acquire International Automotive Components Group Sweden
📝 Signs of early recovery of China's diamond industry sparks optimism for Indian exports: GJEPC
📝 DGCA and airlines clash over transparency in ticket pricing, cite commercial sensitivity
*Mint*
📝 India working to become credible, competitive alternative to global shipbuilding industry: Sonowal
📝 Saudi Banks Set to Sell Bad Loans Ahead of Boom in Giga Projects
📝 PBOC Unveils New Method to Auction Its One-Year Loans to Banks
📝 Hungary Central Bank Scandal Sinks Polish Developer GTC’s Bonds
📝 L&T arm signs MoU with John Cockerill Energy to explore specific green-power tech
📝 Tariffs will allow India to focus on self-reliance, boost local produce: Report
📝 ACME Solar plans up to ₹35,000 cr capex by 2027
📝 Fast and furious: Startups tweak operations in shift to quick commerce lane
📝 BirlaNu eyes higher capacity, acquisitions to revive growth
📝 Russian central bank sees chance of prolonged low oil price cycle
📝 Volkswagen, BMW group electric cars outsell Tesla in Europe in February
Forwarded from Aapka Saarthi @STOCKARTHi Make Money Work For You !!! (۞ A X i T D S H A H ۞)
NIFTY STARTED FROM THE DEMAND ZONE AROUND 21800 AND REACHED 1ST SUPPLY ZONE AROUND 23800. ALMOST 1800 TO 2000 POINTS IN JUST ONE MONTH IS HIGHLY +VE, BUT FROM HERE YOU MAY SEE PROFIT BOOKING, SECTOR ROTATION, AND SOME STOCKS OR SECTOR COULD EMERGE... @STOCKARTHI
Some one attended a party recently with a gathering of about 300 people and sat in the front row.
A lady started distributing snacks from the back row and unfortunately, it didn't get to us sitting in the front row😢
Another lady started handing out drinks from the front row. But, by then, I had already moved to the back row, and so the drink didn't get to me😢
I was irritated and stood up to leave.
But, then, I saw three ladies each with a big bowl of vegetable Manchurian dry. This time, I tried to be wise by sitting in the middle row.
One of the ladies started distributing from the front, and the second lady started distributing from the back. When they got to the middle row where I was seated, it got over again! 😩
Feeling frustrated, I bent my head, putting my face in my hands 😣
But, then,the third lady tapped me & held out her bowl. I stretched out my hand and guess what was in the bowl?
Toothpicks!
*Moral:* *Don’t try to position yourself, and time the markets. If you are disciplined & patient, then good returns will come to you automatically sooner/later*.
Otherwise, you will wrongfully position yourself for toothpicks only! 😜
A lady started distributing snacks from the back row and unfortunately, it didn't get to us sitting in the front row😢
Another lady started handing out drinks from the front row. But, by then, I had already moved to the back row, and so the drink didn't get to me😢
I was irritated and stood up to leave.
But, then, I saw three ladies each with a big bowl of vegetable Manchurian dry. This time, I tried to be wise by sitting in the middle row.
One of the ladies started distributing from the front, and the second lady started distributing from the back. When they got to the middle row where I was seated, it got over again! 😩
Feeling frustrated, I bent my head, putting my face in my hands 😣
But, then,the third lady tapped me & held out her bowl. I stretched out my hand and guess what was in the bowl?
Toothpicks!
*Moral:* *Don’t try to position yourself, and time the markets. If you are disciplined & patient, then good returns will come to you automatically sooner/later*.
Otherwise, you will wrongfully position yourself for toothpicks only! 😜