STOCKS IN ACTION 5 APRIL
Bajaj Finance: The company reported AUM at Rs 3.3 lakh crore, up 34% YoY, in the fourth quarter, while deposits stood at Rs 60,100 crore, up 35%.
UltraTech Cement: The company has completed a 100 MW solar energy project under the Group captive scheme in Rajasthan. The company now has a capacity of 612 MW of renewable power and 278 MW of WHRS.
Nestle India: The National Consumer Dispute Redressal Commission dismissed a complaint filed by the Dept. of Consumer Affairs on MAGGI Noodles in 2015.
Hero MotoCorp: The company received income tax demand of Rs 310 crore and interest of Rs 296 crore for the AY 2013-14 to 2017-18 and 2019-20.
Prestige Estates: The company acquired 21 acres of prime land in Whitefield, Bengaluru for residential development spanning approximately 4 million sq ft of developable area, comprising around 1,800 apartments.
Sobha: The company reported sales value at Rs 6,644 crore, up 28% YoY for the end of FY 24, and average realisation at Rs 10,922 per sq ft, up 19% YoY. The total sales value stood at Rs 1,504 crore at the end of the fourth quarter and the average price realisation stood at Rs 1,123 crore.
IndusInd Bank: The company reported net advances at Rs 3.4 lakh crore, up 18% YoY for the enc of the fourth quarter and deposits stood at Rs 3.81 lakh crore, up 14% YoY.
Grasim Industries: The company acquired a 26% stake in Clean Max Decimus, a special-purpose vehicle for the generation and transmission of renewable energy.
Aeroflex Industries: The company has acquired Hyd-Air Engineering for Rs 17.2 crore.
Rashi Peripherals: The company received new orders worth Rs 1,510 crore from Hinduja Group-backed NMDC Data Centre to supply ICT products.
Bandhan Bank: The company reported total deposits at Rs 1.35 lakh crore, up 25% YoY, for the quarter ending March, and total advances at Rs 1.3 lakh crore, up 18%.
LTIMindtree: The company has partnered with Aforza to set up a training academy to deliver digital transformation in CRM and TPM across the consumer products industry. The company filed a petition with the Karnataka High Court challenging the legality and validity of the SCN issued by GST. The quantum of the claims is Rs 683 crore.
ESAF Small Finance Bank: The company reported total deposits at Rs 19,868 crore, up 35% YoY, for the quarter ending March, gross advances at Rs 18.878 crore, up 34%, and AUM stood at Rs 19,765 crore, up 21%.
Canara Bank: The company has outstanding bonds of Rs 41,640 crore as of March 31.
Cello World: The company announced the commissioning of the manufacturing facility in Rajasthan.
United Spirits: The company bought a 15% stake in Inspired Hospitality for Rs 5.65 crore by subscribing to 3,494 compulsory convertible preference shares.
Sula Vineyards: The company approved the purchase of N D Wines for around Rs 14 crore.
Nazara Technologies: The company's unit bought Ultimate Teen Patti's intellectual property
rights for Rs 10 crore.
Rate-sensitive stocks: The RBl's Monetary Policy Committee will announce its repo rate decision during market hours on Friday. Banking and finance, auto and real estate stocks will be in focus.
@DAYTRADERTELUGU
Bajaj Finance: The company reported AUM at Rs 3.3 lakh crore, up 34% YoY, in the fourth quarter, while deposits stood at Rs 60,100 crore, up 35%.
UltraTech Cement: The company has completed a 100 MW solar energy project under the Group captive scheme in Rajasthan. The company now has a capacity of 612 MW of renewable power and 278 MW of WHRS.
Nestle India: The National Consumer Dispute Redressal Commission dismissed a complaint filed by the Dept. of Consumer Affairs on MAGGI Noodles in 2015.
Hero MotoCorp: The company received income tax demand of Rs 310 crore and interest of Rs 296 crore for the AY 2013-14 to 2017-18 and 2019-20.
Prestige Estates: The company acquired 21 acres of prime land in Whitefield, Bengaluru for residential development spanning approximately 4 million sq ft of developable area, comprising around 1,800 apartments.
Sobha: The company reported sales value at Rs 6,644 crore, up 28% YoY for the end of FY 24, and average realisation at Rs 10,922 per sq ft, up 19% YoY. The total sales value stood at Rs 1,504 crore at the end of the fourth quarter and the average price realisation stood at Rs 1,123 crore.
IndusInd Bank: The company reported net advances at Rs 3.4 lakh crore, up 18% YoY for the enc of the fourth quarter and deposits stood at Rs 3.81 lakh crore, up 14% YoY.
Grasim Industries: The company acquired a 26% stake in Clean Max Decimus, a special-purpose vehicle for the generation and transmission of renewable energy.
Aeroflex Industries: The company has acquired Hyd-Air Engineering for Rs 17.2 crore.
Rashi Peripherals: The company received new orders worth Rs 1,510 crore from Hinduja Group-backed NMDC Data Centre to supply ICT products.
Bandhan Bank: The company reported total deposits at Rs 1.35 lakh crore, up 25% YoY, for the quarter ending March, and total advances at Rs 1.3 lakh crore, up 18%.
LTIMindtree: The company has partnered with Aforza to set up a training academy to deliver digital transformation in CRM and TPM across the consumer products industry. The company filed a petition with the Karnataka High Court challenging the legality and validity of the SCN issued by GST. The quantum of the claims is Rs 683 crore.
ESAF Small Finance Bank: The company reported total deposits at Rs 19,868 crore, up 35% YoY, for the quarter ending March, gross advances at Rs 18.878 crore, up 34%, and AUM stood at Rs 19,765 crore, up 21%.
Canara Bank: The company has outstanding bonds of Rs 41,640 crore as of March 31.
Cello World: The company announced the commissioning of the manufacturing facility in Rajasthan.
United Spirits: The company bought a 15% stake in Inspired Hospitality for Rs 5.65 crore by subscribing to 3,494 compulsory convertible preference shares.
Sula Vineyards: The company approved the purchase of N D Wines for around Rs 14 crore.
Nazara Technologies: The company's unit bought Ultimate Teen Patti's intellectual property
rights for Rs 10 crore.
Rate-sensitive stocks: The RBl's Monetary Policy Committee will announce its repo rate decision during market hours on Friday. Banking and finance, auto and real estate stocks will be in focus.
@DAYTRADERTELUGU