STOCKS IN ACTION 12 APRIL

Dr. Reddy's Laboratories: The company launched drug-free migraine management device Nerivio in Germany through its step-down subsidiary Betapharm.

The Phoenix Mills: The company reported a total consumption jump of 27% year-on-year at Rs 2,818 crore in the fourth quarter, gross retail collections went up 37% at Rs 791 crore while total consumption was up 22% YoY at Rs 11,327 crore for the end of the financial year 2024, gross retail collections up 27% at Rs 2,743 crore.

Metropolis Healthcare: The company's core business revenue grew by 15% year-on-year for the end of the fourth quarter. The company's B2C revenues grew by 18%. The company repaid debt, resulting in a debt-free status as of March 31.

Trident: The company commissioned a capacity of 1.1 MWp solar power project in Madhya Pradesh. The total installed capacity of the Madhya Pradesh plant is now at 29.5 MWp.

Computer Age Management Services: The Reserve Bank of India has granted authorisation to the company to operate as an online payment aggregator. CAMSPAY, the payment business unit of the company achieved a record-setting registration of more than 1.2 million mandates for UPI Autopay in the month of March.

UNO Minda: The company secured a land parcel in IMT Kharkhoda and initiated a ceremony for a greenfield alloy wheel plant.

Varun Beverages: The company approved the investment In two special-purpose vehicles,
Huoban Energy 11 and Aspirative Creative Ventures.

Wipro: The company appointed Malay Joshi as CEO for Americas 1 Strategic Market Unit.

DCX Systems: The company appointed Diwakaraiah N J as CFO effective April 11.

PVR Inox: The company opened a 9-screen multiplex in Kochi, Kerala.

Cupid: The company secured a commercial deal to provide 5.9 million female condoms in Brazil, valued at Rs 23.07 crore.
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CESC: The company's subsidiary Purvah Green Power acquired 100% shareholding of Bhadla
Three SKP Green Ventures for 3.83 crore.

Shalimar Paints: appoints C Venugopal as the Chief Operating Officer of the company w.e.f. April 11, 2024

Maharashtra Seamless: gets work order worth ₹674 crore from ONGC for supply of casing seamless pipes

Vakrangee: signs agreement with Global One Enterprises (Max TV) to provide OTT services Via Vakrangee Kendra Network

Bandhan Bank: appoints Satish Kumar as Head–Wholesale Banking w.e.f. April 10, 2024

CAMS: receives Certificate of Authorisation to operate as an Online Payment Aggregator from RBI today
Alert: CAMS had received an in-principle authorisation from RBI to operate as online payment aggregator in February 2023

Wipro: appoints Malay Joshi as Chief Executive Officer (CEO) for Americas 1 strategic market unit w.e.f. April 10

SUN PHARMA: CO SAYS US FDA CONDUCTED AN INSPECTION AT CO’S DADRA FACILITY FROM DEC 4, 2023 TO DEC 15, 2023 || CO SAYS US FDA HAS SUBSEQUENTLY DETERMINED THAT THE INSPECTION CLASSIFICATION STATUS OF THIS FACILITY AS OFFICIAL ACTION INDICATED (OAI)

NIBE: CO RECEIVED PURCHASE ORDER FROM ORDEFENCE SYSTEMS || CO RECEIVED PURCHASE ORDER WORTH 3.08B RUPEES

FINOLEX INDUSTRIES: CO SAYS CFO NIRAJ KEDIA RESIGNS

ZAGGLE PREPAID OCEAN SERVICES: CO ENTERED INTO AN AGREEMENT WITH YOKOHAMA INDIA

ISGEC HEAVY ENGINEERING: CO UNIT COMMENCED COMMERCIAL OPERATION AT NEW ETHANOL PLANT AT PHILIPPINES

MAHARASHTRA SEAMLESS: CO HAS RECEIVED ORDER WITH BASIC VALUE OF 6.74B RUPEES FROM ONGC LTD FOR SUPPLY OF CASING SEAMLESS PIPES

VAKRANGEE: CO HAS ENTERED AN AGREEMENT WITH GLOBAL ONE ENTERPRISES PVT LTD (MAX TV) FOR OFFERING SUBSCRIPTION BASED OTT PLANS THROUGH VAKRANGEE KENDRA NETWORKS

GUJARAT INDUSTRIES POWER: BOARD MEETING ON APRIL 18 TO CONSIDERED AND APPROVED THE BUSINESS RELATED TO AWARD OF CONTRACT FOR SUPPLY OF PV MODULES FOR DEVELOPMENT OF 600 MW (AC) / 750 MW (DC) SOLAR PV PROJECT AT KHAVDA, GREAT RANN OF KUTCH AND OTHER ROUTINE BUSINESS

LARSEN & TOUBRO: CO CONCLUDES DIVESTMENT OF ITS ENTIRE STAKE (51%) IN L&T INFRASTRUCTURE DEVELOPMENT PROJECTS LIMITED(L&TIDPL)

@daytradertelugu