STOCKS IN ACTION 4 JUNE
Sectors: The public sector enterprises, financials, infrastructure, railway, and defense will be in focus with the Lok Sabha election results to be announced on Tuesday.
ICICI Bank, Adani Group: The bank and Adani One launched co-branded credit cards with airport-linked benefits. The credit cards are to be rolled out in collaboration with Visa.
Adani Power: The company plans to amalgamate its subsidiary, Mahan Energen, with Stratatech Mineral Resources to enhance fuel security and competitiveness in the power market.
Mahindra and Mahindra: The company reported overall disbursements at Rs 4,430 crore in the month of May, up 7% YoY and business assets at Rs 1.05 lakh crore, up 23% YoY, and collection efficiency stood at 96%.
RVNL: The company received an EPC order worth Rs 440 crore from South Central Railway.
Moil: The company reported manganese ore sales up 41% YoY at 2.15 lakh tonnes.
Zee Entertainment Enterprises: The company board meeting is scheduled for June 6 to consider raising funds by way of the issuance of equity shares.
Biocon: The company received a USDA nod for the antifungal medication Micafungin.
Micafungin is used as an antifungal medication to treat fungal or yeast infections.
Wipro: The company appointed Bruno Schenk as Country Head and Managing Director for Switzerland.
Dr. Reddy's Laboratories: The company's arm, Aurigene Pharmaceutical, opens a biologics facility in Hyderabad.
Century Textiles: The company arm incorporated a wholly owned subsidiary, Vibhavya Properties for real estate projects.
Techno Electric: The company has acquired NERES XVI Power Transmission from REC Power
Development and Consultancy for Rs 7.15 crore.
Cupid: The company announced the commencement of its Rapid In Vitro Diagnostic (IVD) kits distribution network. The company is targeting a nationwide presence by the end of the fiscal year.
Kalyan Jewellers: The company acquired a 15% stake in Enovate Lifestyles for Rs 42 crore.
Seamec: The company has informed us that the deployment of the vessel "SEAMEC SWORDFISH" with Zamil Offshore Services, Saudi Arabia, is extended for a further period of 30 days from May 25.
Sapphire Foods: The board meeting is scheduled for June 19 to consider and approve the stock split of equity shares of the company.
SOUTH WEST PINNACLE EXPLORATION: CO GOT LETTER OF INTENT FROM VEDANTA FACOR || LOI FOR EXPLORATION ACTIVITIES AT KALARANGITTA CHROMITE MINES, JAJPUR, KATASAHI MANGANESE MINES, BARBIL IN ODISHA
SOUTH WEST PINNACLE EXPLORATION: CO SAYS AGGREGATE VALUE OF CONTRACT IS ABOUT 84.9M RUPEES PLUS GST AS APPLICABLE || PROJECT IS TO BE COMPLETED IN 5 MONTHS.
CUPID: CO BROADENS DISTRIBUTION NETWORK FOR RAPID IVD KITS IN INDIA, REINFORCES GLOBAL IVD PRESENCE; COMMENCEMENT OF VENTURE INTO INDIAN MARKET THROUGH INTRODUCTION OF RAPID IVD KITS DISTRIBUTION NETWORK || CO IS INSTALLING FULLY AUTOMATIC MACHINES TO SIGNIFICANTLY AUGMENT PRODUCTION CAPACITY
GODFREY PHILLIPS INDIA: CO SAYS WE PLAN TO ENTER SOME NEW MARKETS WITH SOME NEW OFFERINGS; CO RECENTLY SIGNED PRODUCT SUPPLY AGREEMENT WITH FERRERO INDIA || CO SIGNED AGREEMENT FOR DISTRIBUTION OF SWEET-PACKAGED FOOD PRODUCTS MANUFACTURED BY FERRERO INDIA
@daytradertelugu
Sectors: The public sector enterprises, financials, infrastructure, railway, and defense will be in focus with the Lok Sabha election results to be announced on Tuesday.
ICICI Bank, Adani Group: The bank and Adani One launched co-branded credit cards with airport-linked benefits. The credit cards are to be rolled out in collaboration with Visa.
Adani Power: The company plans to amalgamate its subsidiary, Mahan Energen, with Stratatech Mineral Resources to enhance fuel security and competitiveness in the power market.
Mahindra and Mahindra: The company reported overall disbursements at Rs 4,430 crore in the month of May, up 7% YoY and business assets at Rs 1.05 lakh crore, up 23% YoY, and collection efficiency stood at 96%.
RVNL: The company received an EPC order worth Rs 440 crore from South Central Railway.
Moil: The company reported manganese ore sales up 41% YoY at 2.15 lakh tonnes.
Zee Entertainment Enterprises: The company board meeting is scheduled for June 6 to consider raising funds by way of the issuance of equity shares.
Biocon: The company received a USDA nod for the antifungal medication Micafungin.
Micafungin is used as an antifungal medication to treat fungal or yeast infections.
Wipro: The company appointed Bruno Schenk as Country Head and Managing Director for Switzerland.
Dr. Reddy's Laboratories: The company's arm, Aurigene Pharmaceutical, opens a biologics facility in Hyderabad.
Century Textiles: The company arm incorporated a wholly owned subsidiary, Vibhavya Properties for real estate projects.
Techno Electric: The company has acquired NERES XVI Power Transmission from REC Power
Development and Consultancy for Rs 7.15 crore.
Cupid: The company announced the commencement of its Rapid In Vitro Diagnostic (IVD) kits distribution network. The company is targeting a nationwide presence by the end of the fiscal year.
Kalyan Jewellers: The company acquired a 15% stake in Enovate Lifestyles for Rs 42 crore.
Seamec: The company has informed us that the deployment of the vessel "SEAMEC SWORDFISH" with Zamil Offshore Services, Saudi Arabia, is extended for a further period of 30 days from May 25.
Sapphire Foods: The board meeting is scheduled for June 19 to consider and approve the stock split of equity shares of the company.
SOUTH WEST PINNACLE EXPLORATION: CO GOT LETTER OF INTENT FROM VEDANTA FACOR || LOI FOR EXPLORATION ACTIVITIES AT KALARANGITTA CHROMITE MINES, JAJPUR, KATASAHI MANGANESE MINES, BARBIL IN ODISHA
SOUTH WEST PINNACLE EXPLORATION: CO SAYS AGGREGATE VALUE OF CONTRACT IS ABOUT 84.9M RUPEES PLUS GST AS APPLICABLE || PROJECT IS TO BE COMPLETED IN 5 MONTHS.
CUPID: CO BROADENS DISTRIBUTION NETWORK FOR RAPID IVD KITS IN INDIA, REINFORCES GLOBAL IVD PRESENCE; COMMENCEMENT OF VENTURE INTO INDIAN MARKET THROUGH INTRODUCTION OF RAPID IVD KITS DISTRIBUTION NETWORK || CO IS INSTALLING FULLY AUTOMATIC MACHINES TO SIGNIFICANTLY AUGMENT PRODUCTION CAPACITY
GODFREY PHILLIPS INDIA: CO SAYS WE PLAN TO ENTER SOME NEW MARKETS WITH SOME NEW OFFERINGS; CO RECENTLY SIGNED PRODUCT SUPPLY AGREEMENT WITH FERRERO INDIA || CO SIGNED AGREEMENT FOR DISTRIBUTION OF SWEET-PACKAGED FOOD PRODUCTS MANUFACTURED BY FERRERO INDIA
@daytradertelugu
