STOCKS IN ACTION 21 AUGUST
KEC International: The company secured new orders of Rs 1,007 crore across various businesses. The deals include construction of a multispeciality hospital in India, 380 kV overhead transmission line in the Middle East and supply of cables in India and overseas.
Ashok Leyland: The company would be issuing a corporate guarantee of GBP 82.10 million or Rs 870 crore to cover the lender facilities of U.K. two subsidiaries— Optare and Switch Mobility.
United Spirits: The company signed an extra-neutral alcohol manufacturing contract with Capovitez for a tenure of three years. It covers provisions such as purchase of grain and sale of ENA, delivery, storage, quality in service, material’s price and payment, confidentiality, etc.
Tanla Platforms: The company's pact with Vodafone Idea for provision of platform and firewall services will not continue beyond the term limit. This would have a revenue impact of Rs 17 crore and PAT impact of Rs 9 crore on a full-quarter basis post November 2023.
Spandana Sphoorty Financial: Rating agency ICRA has upgraded the ratings and revised the outlook for various instruments. Long-term fund based for Rs 2,105 crore has been upgraded to [ICRA] A from [ICRA]A-, outlook to stable from positive.
Reliance Industries: MSCI - Jio Financial Services Will Be Added To MSCI Global Standard Indexes, Effective August 23 || MSCI - Reliance Industries Will Be Deleted From MSCI Global Standard Indexes, Effective August 23
GMR Airports Infrastructure: Co Says Total Passenger Traffic For July Up 30% (YoY) || July Total Aircraft Movements Up 17% (YoY)
Infosys: Co Got Communication(S) For Collection Of Penalties From Overseas Tax Authorities
Mahindra & Mahindra: Initiates Proactive Inspection of XUV Models for Wiring Loom Abrasion Risk; 4,560 Units Affected
Creditaccess Grameen: Co Approved Public Issue Of Non-Convertible Debentures Of 10b Rupees
VA Tech Wabag: Co Approves NCD Issue For Rs. 100 crores
Zomato stock likely to be volatile in near term; analysts say good opportunity to buy
GujaratGas hikes industrial gas price to Rs 40.83 per scm, sources to sonalbhutra
PNB Housing Finance resolves and fully recovers corporate Non-performing account of Rs 784 cr. The Gross NPA of the Company stood at Rs 2,270 cr and Loan Asset was Rs 60,395 cr as on June 30, 2023
Titan acquires 27% stake in CaratLane for Rs 4,621 crore
@DAYTRADERTELUGU
KEC International: The company secured new orders of Rs 1,007 crore across various businesses. The deals include construction of a multispeciality hospital in India, 380 kV overhead transmission line in the Middle East and supply of cables in India and overseas.
Ashok Leyland: The company would be issuing a corporate guarantee of GBP 82.10 million or Rs 870 crore to cover the lender facilities of U.K. two subsidiaries— Optare and Switch Mobility.
United Spirits: The company signed an extra-neutral alcohol manufacturing contract with Capovitez for a tenure of three years. It covers provisions such as purchase of grain and sale of ENA, delivery, storage, quality in service, material’s price and payment, confidentiality, etc.
Tanla Platforms: The company's pact with Vodafone Idea for provision of platform and firewall services will not continue beyond the term limit. This would have a revenue impact of Rs 17 crore and PAT impact of Rs 9 crore on a full-quarter basis post November 2023.
Spandana Sphoorty Financial: Rating agency ICRA has upgraded the ratings and revised the outlook for various instruments. Long-term fund based for Rs 2,105 crore has been upgraded to [ICRA] A from [ICRA]A-, outlook to stable from positive.
Reliance Industries: MSCI - Jio Financial Services Will Be Added To MSCI Global Standard Indexes, Effective August 23 || MSCI - Reliance Industries Will Be Deleted From MSCI Global Standard Indexes, Effective August 23
GMR Airports Infrastructure: Co Says Total Passenger Traffic For July Up 30% (YoY) || July Total Aircraft Movements Up 17% (YoY)
Infosys: Co Got Communication(S) For Collection Of Penalties From Overseas Tax Authorities
Mahindra & Mahindra: Initiates Proactive Inspection of XUV Models for Wiring Loom Abrasion Risk; 4,560 Units Affected
Creditaccess Grameen: Co Approved Public Issue Of Non-Convertible Debentures Of 10b Rupees
VA Tech Wabag: Co Approves NCD Issue For Rs. 100 crores
Zomato stock likely to be volatile in near term; analysts say good opportunity to buy
GujaratGas hikes industrial gas price to Rs 40.83 per scm, sources to sonalbhutra
PNB Housing Finance resolves and fully recovers corporate Non-performing account of Rs 784 cr. The Gross NPA of the Company stood at Rs 2,270 cr and Loan Asset was Rs 60,395 cr as on June 30, 2023
Titan acquires 27% stake in CaratLane for Rs 4,621 crore
@DAYTRADERTELUGU
