STOCKS IN ACTION 3 JANUARY
Adani Group Stocks: The Supreme Court will pronounce its judgement in the Adani Group-Hindenburg Research case on Wednesday
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Maruti Suzuki: The company recorded total production at 1.21 lakh units, down 2.9% YoY, and passenger car production at 64,802 units, down 3.7% YoY. The auto manufacturer's mini and compact car production stood at 63,855 units, down 23.8% YoY.
Hero MotoCorp: The company recorded vehicle sales at 393,952 units, down 0.1% YoY and motorcycle sales at 354,658 units, down 0.6% YoY. The company's exports stood at 16, 110 units, up 25.7% YoY.
Exide Industries: The company will increase its corporate guarantee to Exide Energy Solutions by Rs 1,000 crore. The corporate guarantee limit will be increased from Rs 2,000 crore to Rs 3,000 crore.
Mahindra and Mahindra Financial Services: The company recorded an overall disbursement of Rs 4,900 crore, up 5% YoY for December, and business assets of Rs 96,850 crore, up 25% YoY.
Coal India: The company recorded coal production at 532 MT during April-Dec 2023, up 11% YoY, and non-regulated sector consumers hit a record high of 98 MT during April-Dec 2023.
Mahindra EPC Irrigation: The company received four orders worth Rs 13.34 crore from the office of the Assistant Engineer of the Water Users Association for the supply of pressurised micro irrigation systems.
Yes Bank: The lender recorded loans and advances at Rs 2.17 lakh crore, up 11.9% YoY, and deposits at Rs 2.41 lakh crore, up 13.2% YoY. The lender's CASA ratio stood at 29.7% vs. 29.9%.
Vedanta: The company's unit, BALCO, received a tax demand worth Rs 23 crore.
Affle India: The company will buy a 9.03% stake in Explurger for Rs 37.3 crore to enrich its vertical reach to the relevant users by using the Al-powered social media app of Explurger.
CSB Bank: The company recorded total deposits of Rs 27,344 crore, up 20.65%, and gross advances of Rs 22,863 crore, up 22.59%. The bank's CASA stood at Rs 7,509 crore, up 5.39%.
Archean Chemical Industries: The company unit incorporated its subsidiary, SiCSem.
Shyam Metallics and Energy: The company opened its qualified institutional placement to raise up to Rs 3,600 crore. It set a floor price for QIP at Rs 597.63 per share, which indicates a discount of 7.06% to the current market price.
Adani Group Stocks: The Supreme Court will pronounce its judgement in the Adani Group-Hindenburg Research case on Wednesday
.
Maruti Suzuki: The company recorded total production at 1.21 lakh units, down 2.9% YoY, and passenger car production at 64,802 units, down 3.7% YoY. The auto manufacturer's mini and compact car production stood at 63,855 units, down 23.8% YoY.
Hero MotoCorp: The company recorded vehicle sales at 393,952 units, down 0.1% YoY and motorcycle sales at 354,658 units, down 0.6% YoY. The company's exports stood at 16, 110 units, up 25.7% YoY.
Exide Industries: The company will increase its corporate guarantee to Exide Energy Solutions by Rs 1,000 crore. The corporate guarantee limit will be increased from Rs 2,000 crore to Rs 3,000 crore.
Mahindra and Mahindra Financial Services: The company recorded an overall disbursement of Rs 4,900 crore, up 5% YoY for December, and business assets of Rs 96,850 crore, up 25% YoY.
Coal India: The company recorded coal production at 532 MT during April-Dec 2023, up 11% YoY, and non-regulated sector consumers hit a record high of 98 MT during April-Dec 2023.
Mahindra EPC Irrigation: The company received four orders worth Rs 13.34 crore from the office of the Assistant Engineer of the Water Users Association for the supply of pressurised micro irrigation systems.
Yes Bank: The lender recorded loans and advances at Rs 2.17 lakh crore, up 11.9% YoY, and deposits at Rs 2.41 lakh crore, up 13.2% YoY. The lender's CASA ratio stood at 29.7% vs. 29.9%.
Vedanta: The company's unit, BALCO, received a tax demand worth Rs 23 crore.
Affle India: The company will buy a 9.03% stake in Explurger for Rs 37.3 crore to enrich its vertical reach to the relevant users by using the Al-powered social media app of Explurger.
CSB Bank: The company recorded total deposits of Rs 27,344 crore, up 20.65%, and gross advances of Rs 22,863 crore, up 22.59%. The bank's CASA stood at Rs 7,509 crore, up 5.39%.
Archean Chemical Industries: The company unit incorporated its subsidiary, SiCSem.
Shyam Metallics and Energy: The company opened its qualified institutional placement to raise up to Rs 3,600 crore. It set a floor price for QIP at Rs 597.63 per share, which indicates a discount of 7.06% to the current market price.
