This group we only share news 🗞️ updates, we don’t offer any buying or Selling services, please consult your Financial Advisor before taking any Investment Decision Based on News
We are not SEBI registered,
Contact: Daytradertelugu@gmail.com
We are not SEBI registered,
Contact: Daytradertelugu@gmail.com
Suzlon Share Price: Here's why the stock will be in focus on Monday after orders rise to four-year high
ICICILombard Board :approves appointment of Sanjeev Mantri as MD & CEO effective December 1 for 5 years
Strides Pharma: arm gets US FDA nod for Icosapent Ethyl Capsules, used to reduce the risk of heart attacks, strokes
AkasaAir: clarifies its plea in Delhi HC is not against DGCA or Aviation Ministry, says it moved the court seeking clarifications & instructions to enforce mandatory notice period requirements for pilots
FINEOTEX: CO HAS SUCCESSFULLY COMMISSIONED ITS 100KWP SOLAR POWER PLANT INSTALLATION AT AMBERNATH FACILITY ON SEPT.19
SHREE RENUKA SUGARS: CO ACQUIRES ANAMIKA SUGAR MILLS FOR 235.5 CR RUPEES
NCL INDUSTRIES: CO PROMOTERS CREATED PLEDGE OF 19 LAKH EQUITY SHARES OR 4.2% BETWEEN SEPT.20 AND 21
INSPIRISYS SOLUTIONS: CO RECEIVES SHOW CAUSE NOTICE FROM CENTRAL TAX AUTHORITY, CHENNAI; ASSURES VIGOROUS RESPONSE AND DEFENSE
SHYAM METALICS: CO SAYS SHYAM SEL AND POWER LTD'S AMALGAMATION OF HRASHVA STORAGE AND WAREHOUSING PVT LTD APPROVED BY NCLT KOLKATA ON SEPT.22
INDIAN BANK: RBI CANCELS IND BANK HOUSING LTD'S COR (CERTIFICATE OF REGISTRATION) FOR HOUSING FINANCE BUSINESS UNDER SEBI REGULATIONS
LUX INDUSTRIES: CO CLARIFIES IT DEPT SURVEY IS BEING CONDUCTED AT OUR PREMISES
DRONE DESTINATION: CO RECEIVES DGCA-AUTHORISATION TO CONDUCT DRONE TRAINING ON MEDIUM (UPTO 50 KG), ROTORCRAFT DRONES'.
KPI GREEN ENERGY: CO RECEIVES LOI FOR DEVELOPMENT OF 145.20MW (COMPRISING OF 145.20MW WIND AND 50MW SOLAR) WIND-SOLAR HYBRID POWER PROJECT
RATNAMANI METALS: CO EXECUTED JV AGREEMENT WITH TECHNOENERGY AG, SWITZERLAND
RATNAMANI METALS AND TUBES : JV FOR PROVIDING PIPE SPOOLING SOLUTIONS, FITTINGS, AUXILIARY SUPPORT SYSTEMS FOR PIPING AND TUBING
LUPIN: CO BUYS FIVE BRANDS FROM MENARINI || CONSIDERARTION AMOUNT IS 1B RUPEES
PTC INDIA FINANCIAL: RBI FLAGS LOAN DISCREPANCIES, CONCENTRATION OF POWER AT PTC INDIA FINANCIAL - MONEY CONTROL
SPICEJET: SC GRANTS SIX MONTHS TIME TO CO TO CLEAR ARREARS OF USD $3M TO CREDIT SUISSE
GLENMARK PHARMACEUTICALS: CO APPROVED SALE OF 75% OF GLENMARK LIFE SCIENCES TO NIRMA
ICICI BANK: CO ENTERED DEAL FOR INVESTMENT IN EQUITY SHARES AND COMPULSORILY CONVERTIBLE PREFERENCE SHARES OF QUANTUM CORPHEALTH DEAL FOR 50M RUPEES CO WILL HOLD 9.99% SHAREHOLDING IN QUANTUM CORPHEALTH
VEDANTA: CO APPROVED FOR RAISING, ON PRIVATE PLACEMENT BASIS NON- CONVERTIBLE DEBENTURES || NCDS AGGREGATING UPTO 25B RUPEES IN ONE OR MORE TRANCHE
IRCTC waives convenience fees for booking air tickets to mark World Tourism Day, 24th Foundation Day
@daytradertelugu
ICICILombard Board :approves appointment of Sanjeev Mantri as MD & CEO effective December 1 for 5 years
Strides Pharma: arm gets US FDA nod for Icosapent Ethyl Capsules, used to reduce the risk of heart attacks, strokes
AkasaAir: clarifies its plea in Delhi HC is not against DGCA or Aviation Ministry, says it moved the court seeking clarifications & instructions to enforce mandatory notice period requirements for pilots
FINEOTEX: CO HAS SUCCESSFULLY COMMISSIONED ITS 100KWP SOLAR POWER PLANT INSTALLATION AT AMBERNATH FACILITY ON SEPT.19
SHREE RENUKA SUGARS: CO ACQUIRES ANAMIKA SUGAR MILLS FOR 235.5 CR RUPEES
NCL INDUSTRIES: CO PROMOTERS CREATED PLEDGE OF 19 LAKH EQUITY SHARES OR 4.2% BETWEEN SEPT.20 AND 21
INSPIRISYS SOLUTIONS: CO RECEIVES SHOW CAUSE NOTICE FROM CENTRAL TAX AUTHORITY, CHENNAI; ASSURES VIGOROUS RESPONSE AND DEFENSE
SHYAM METALICS: CO SAYS SHYAM SEL AND POWER LTD'S AMALGAMATION OF HRASHVA STORAGE AND WAREHOUSING PVT LTD APPROVED BY NCLT KOLKATA ON SEPT.22
INDIAN BANK: RBI CANCELS IND BANK HOUSING LTD'S COR (CERTIFICATE OF REGISTRATION) FOR HOUSING FINANCE BUSINESS UNDER SEBI REGULATIONS
LUX INDUSTRIES: CO CLARIFIES IT DEPT SURVEY IS BEING CONDUCTED AT OUR PREMISES
DRONE DESTINATION: CO RECEIVES DGCA-AUTHORISATION TO CONDUCT DRONE TRAINING ON MEDIUM (UPTO 50 KG), ROTORCRAFT DRONES'.
KPI GREEN ENERGY: CO RECEIVES LOI FOR DEVELOPMENT OF 145.20MW (COMPRISING OF 145.20MW WIND AND 50MW SOLAR) WIND-SOLAR HYBRID POWER PROJECT
RATNAMANI METALS: CO EXECUTED JV AGREEMENT WITH TECHNOENERGY AG, SWITZERLAND
RATNAMANI METALS AND TUBES : JV FOR PROVIDING PIPE SPOOLING SOLUTIONS, FITTINGS, AUXILIARY SUPPORT SYSTEMS FOR PIPING AND TUBING
LUPIN: CO BUYS FIVE BRANDS FROM MENARINI || CONSIDERARTION AMOUNT IS 1B RUPEES
PTC INDIA FINANCIAL: RBI FLAGS LOAN DISCREPANCIES, CONCENTRATION OF POWER AT PTC INDIA FINANCIAL - MONEY CONTROL
SPICEJET: SC GRANTS SIX MONTHS TIME TO CO TO CLEAR ARREARS OF USD $3M TO CREDIT SUISSE
GLENMARK PHARMACEUTICALS: CO APPROVED SALE OF 75% OF GLENMARK LIFE SCIENCES TO NIRMA
ICICI BANK: CO ENTERED DEAL FOR INVESTMENT IN EQUITY SHARES AND COMPULSORILY CONVERTIBLE PREFERENCE SHARES OF QUANTUM CORPHEALTH DEAL FOR 50M RUPEES CO WILL HOLD 9.99% SHAREHOLDING IN QUANTUM CORPHEALTH
VEDANTA: CO APPROVED FOR RAISING, ON PRIVATE PLACEMENT BASIS NON- CONVERTIBLE DEBENTURES || NCDS AGGREGATING UPTO 25B RUPEES IN ONE OR MORE TRANCHE
IRCTC waives convenience fees for booking air tickets to mark World Tourism Day, 24th Foundation Day
@daytradertelugu
STOCKS IN ACTION 25 SEPTEMBER
SBI: The state-run lender has raised Rs 10,000 crore through long-term infrastructure bonds at a 7.49% coupon rate. The proceeds from bonds will be utilised to enhance long-term resources for funding infrastructure and the affordable housing segment. SBI has outstanding long-term bonds worth Rs 39,718 crore with this issue.
Reliance Industries: Unit Reliance Retail Ventures received the subscription amount of Rs 2,069.50 crore from KKR. It allotted 1.72 crore of equity shares to KKR.
LIC: The company received an order demanding GST along with interest and a penalty worth Rs 290.5 crore from Bihar's Additional Commissioner of State Tax. The company said it will file an appeal before the GST Appellate Tribunal against the order.
JSW Steel: The company executed the Termination Agreement with New Zealand's National Steel Holdings for the termination of the JV agreement for establishing scrap shredding facilities in India. It will purchase NSHL's 50% stake in NSL Green Recycling.
Bajaj Finance: The board will convene on Oct. 5 to consider raising funds via QIP.
Power Finance Corp: The company has allotted 66 crore fully paid-up bonus equity shares of the face value of Rs 10 each in the ratio 1:4.
Mahindra & Mahindra Financial Services: The company has completed the acquisition of Mahindra Insurance Brokers for Rs 206 crore, at a price of Rs 1,001 per share. MIBL is now a wholly owned subsidiary of the company.
Blue Star: The board approved the allocation of 1.29 crore equity shares at an issue price of Rs 770 apiece to 41 qualified institutional buyers. Norges Bank and SBI Large & Midcap Fund each secured over 12% of the issue.
Ircon International: The company has a contract worth $14.89 million, or Rs 122 crore, with Sri Lanka Railways for the design, installation, and commissioning of signalling and telecommunication systems.
Vaibhav Global: U.K. unit Shop TJC to acquire teleshopping brand Ideal World’s IP and broadcasting rights, studio equipment
Zen Technologies: The company has bagged a Rs 227.65 crore order from the Defence Ministry.
Karnataka Bank: The board approved raising Rs 1,500 crore through the issue of equity shares. Of this, Rs 800 crore will be raised via a preferential issue of shares at Rs 239.52 apiece.
Edelweiss Financial Services: The equity shares of Nuvama Wealth Management are to be listed and admitted for dealing on BSE and NSE as of Sept. 26. Nuvama Wealth Management was formerly known as Edelweiss Securites. Edelweiss Securities had previously demerged from Edelweiss Financial Services.
Delta Corp: The company received a Rs 11,139-crore GST demand order from Hyderabad's Directorate General of GST Intelligence. The company said the tax liability amount claimed is based on the gross bet value of all games played at casinos rather than gross gaming revenue. It will pursue remedies to challenge the tax demand.
Kirloskar Oil Engines: Anurag Bhagania to resign as CFO with effect from Nov. 22.
Swan Energy: The board approved raising up to Rs 1,435 crore via preferential issue of shares. It will issue up to 2.9 crore shares at Rs 495 apiece.
Borosil: The company reported delays in receiving delivery of imported equipment and machinery from Europe required for setting up the furnace for the 25-tonne borosilicate glass factory in Jaipur, Rajasthan. The project is likely to be commissioned on or before Jan. 31, 2024.
Inox Green Energy: The company has entered into a share subscription agreement to acquire a 51% stake in Resowi Energy.
SBI: The state-run lender has raised Rs 10,000 crore through long-term infrastructure bonds at a 7.49% coupon rate. The proceeds from bonds will be utilised to enhance long-term resources for funding infrastructure and the affordable housing segment. SBI has outstanding long-term bonds worth Rs 39,718 crore with this issue.
Reliance Industries: Unit Reliance Retail Ventures received the subscription amount of Rs 2,069.50 crore from KKR. It allotted 1.72 crore of equity shares to KKR.
LIC: The company received an order demanding GST along with interest and a penalty worth Rs 290.5 crore from Bihar's Additional Commissioner of State Tax. The company said it will file an appeal before the GST Appellate Tribunal against the order.
JSW Steel: The company executed the Termination Agreement with New Zealand's National Steel Holdings for the termination of the JV agreement for establishing scrap shredding facilities in India. It will purchase NSHL's 50% stake in NSL Green Recycling.
Bajaj Finance: The board will convene on Oct. 5 to consider raising funds via QIP.
Power Finance Corp: The company has allotted 66 crore fully paid-up bonus equity shares of the face value of Rs 10 each in the ratio 1:4.
Mahindra & Mahindra Financial Services: The company has completed the acquisition of Mahindra Insurance Brokers for Rs 206 crore, at a price of Rs 1,001 per share. MIBL is now a wholly owned subsidiary of the company.
Blue Star: The board approved the allocation of 1.29 crore equity shares at an issue price of Rs 770 apiece to 41 qualified institutional buyers. Norges Bank and SBI Large & Midcap Fund each secured over 12% of the issue.
Ircon International: The company has a contract worth $14.89 million, or Rs 122 crore, with Sri Lanka Railways for the design, installation, and commissioning of signalling and telecommunication systems.
Vaibhav Global: U.K. unit Shop TJC to acquire teleshopping brand Ideal World’s IP and broadcasting rights, studio equipment
Zen Technologies: The company has bagged a Rs 227.65 crore order from the Defence Ministry.
Karnataka Bank: The board approved raising Rs 1,500 crore through the issue of equity shares. Of this, Rs 800 crore will be raised via a preferential issue of shares at Rs 239.52 apiece.
Edelweiss Financial Services: The equity shares of Nuvama Wealth Management are to be listed and admitted for dealing on BSE and NSE as of Sept. 26. Nuvama Wealth Management was formerly known as Edelweiss Securites. Edelweiss Securities had previously demerged from Edelweiss Financial Services.
Delta Corp: The company received a Rs 11,139-crore GST demand order from Hyderabad's Directorate General of GST Intelligence. The company said the tax liability amount claimed is based on the gross bet value of all games played at casinos rather than gross gaming revenue. It will pursue remedies to challenge the tax demand.
Kirloskar Oil Engines: Anurag Bhagania to resign as CFO with effect from Nov. 22.
Swan Energy: The board approved raising up to Rs 1,435 crore via preferential issue of shares. It will issue up to 2.9 crore shares at Rs 495 apiece.
Borosil: The company reported delays in receiving delivery of imported equipment and machinery from Europe required for setting up the furnace for the 25-tonne borosilicate glass factory in Jaipur, Rajasthan. The project is likely to be commissioned on or before Jan. 31, 2024.
Inox Green Energy: The company has entered into a share subscription agreement to acquire a 51% stake in Resowi Energy.