??India Daybook – Stocks in News – March 27, 2024
Shyam Metalics: Company gets composite license for the Surjagad-1 iron ore block for an area of 1526 hectares (Positive)
Pratap Snacks: Company has started commercial production at its new unit in Jammu & Kashmir for various namkeen snacks with a capacity of about 10,000 MT per annum. (Positive)
Krsihna Defence: Company win order for supply of special steel product worth 109.9M rupees. (Positive)
AstraZeneca: Company gets permission to import for sale & distribution of Trastuzumab Deruxtecan Lyophilized powder (Positive)
Nocil: Company has accorded approval for incurring capital expenditure up to 2.5b rupees towards capacity enhancement (rubber chemicals) at dahej (Positive)
Power Grid: Company has successfully commissioned project under “augmentation of transformation capacity in southern region”. (Positive)
Anant Raj: Company’s has enhanced the scope of offering enlisted in MOU with TCIL and have entered into an addendum for this purpose (Positive)
Technocraft: Company says manufacturing facility at Maharashtra will commence its production in a phased manner from March 27 (Positive)
DCM/Chemplast: DGTR initiates anti-dumping investigation on PVC suspension resins. (Positive)
Snowman: Promoter Gateway Distriparks Bought Additional 3.75 Lakh Shares or 0.22% Stake from Open Market. (Positive)
Shriram Finance: Government of Singapore acquired 1.77 Lakh Shares and Monetary Authority of Singapore acquired 47,654 Shares. (Positive)
Sanofi/Cipla: Announced exclusive distribution partnership For distribution and promotion of Sanofi India’s Central Nervous System product range in India (Positive)
Apollo Pipes: Company acquires 53.57% share capital & voting rights in Kisan Mouldings for ₹118.40 crore. (Positive)
Lumax Ind: Company approved equity investment of upto 50m rupees in lumax industries Czech s.r.o. (Neutral)
Adani Power: CCI approves the proposed acquisition of 100% equity share capital of Lanco Amarkantak Power Limited by Adani Power Limited (Neutral)
Larsen & Toubro: Company board approves long-term borrowings of up to Rs 7,500 crore. (Neutral)
Prism Johnson: Company to consider fund raise via NCDs on March 29, 2024 (Neutral)
CDSL: Standard Chartered Bank – corporate banking to sell entire 7.18% stake via block deal in CDSL (Neutral)
Aster DM: Olympus Capital Asia Investments likely to sell up to 9.8% equity in Aster DM Healthcare via block deal. (Neutral)
Sugar Stocks: Govt’s sugar policies ensured stable retail prices, timely payment to farmers: (Neutral)
LIC: Received communication/ demand order for Rs 178 cr including Goods & Service Tax, Interest and penalty for Jharkhand State (Neutral)
Wockhardt: Board approves QIB of 93 lk shares at ₹517/sh: Agencies. (Neutral)
IRFC: Uma Ranade given additional charge of post of Chairman and MD (Neutral)
Kalyani Forge: A new lawsuit has been brought against industrialist Baba Kalyani, as his nephew and niece move to claim shares in the assets of the Kalyani family. (Negative)
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