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STOCKS IN ACTION 11 JUNE
Raymond: Raymond Realty, an arm of the company, received a second redevelopment project in the Bandra (East) area of Mumbai. The project is estimated to generate over Rs 2,000 crore in
revenue.
PTC Industries: The company announced its partnership with leading entities under the DTIS scheme in the Indian defence and aerospace sectors to advance the 'Make in India' initiative.
Rail Vikas Nigam: The Siemens-RVNL consortium has received a letter of acceptance from Bangalore Metro Rail Corporation for engineering, supply, erection, testing, and commissioning of
33 KV distribution and 750 V DC Third Rail Traction Electrification.
Repco Home Finance: CFO K. Lakshmi has resigned due to personal reasons.
Bank of Baroda: The company has kept MCLR unchanged across tenures, effective June 12.
NLC India: The company raised foreign currency loans up to $600 million and it will make an investment of Rs 994.5 crore in unit NLC India Renewables. To seek external assistance from the Multilateral Development Bank via DEA for renewable power projects.
Jubilant Foodworks: Domino's Pizza crossed the 2,000-store mark in India.
Vodafone Idea: The company will consider fund-raising in its board meeting on June 13.
H. G. Infra Engineering: The company incorporated a step-down subsidiary company, namely H.
G. Jaipur Solar Project, to carry out business in the field of solar power.
Bharat Dynamics: eyes new orders worth ₹20,000 crore over next 2-3 years
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#MorningMarketWithDTT ~ 11 JUNE
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STOCKS IN ACTION 10 JUNE
Wardwizard Innovations And Mobility: The company received an order worth $1.29 billion from
Beulah International for EVs.
Borosil Renewables: The board approved raising up to Rs 450 crore via the rights issue of shares.
Artson Engineering: The company received a Rs 126 crore order for engineering and construction at Guwahati International Airport.
Gland Pharma: The company appointed Srinivas Sadu as Executive Chairman and CEO of the company.
Rail Vikas Nigam: The company JV with KRDCL received a project worth Rs 156 crore from Southern Railway for "Provision of Automatic Signalling on Ernakulam Thiruvananthapuram Division in Southern Railway.
Mphasis: BCP Topco IX Pte likely to sell 10.6% stake in Mphasis via block deals; base price at ₹2,350/share. Base size of the block is 10.6% with an upsize option at 15.1%
UCO Bank: The bank will hike MCLR on 3-month and 1-year tenures by 5 bps effective June 10.
Dr Reddy's Laboratories: The US FDA has completed a GMP inspection at the API manufacturing facility in Andhra Pradesh and issued Form 483 with four observations.
Jubilant Pharmova: The US FDA completed an audit of a contract manufacturing facility in Washington and issued three observations.
RailTel received work order worth up to ₹81.6 crore from National Informatics Centre Services Incorporated (NICSI) for the ICT Infrastructure
IIFL Finance shares zoom 15% on conclusion of special audit by RBI
Borosil Renewables to raise up to ₹450 crore via rights issue of share
Artson Engineering gets letter of award for a project worth ₹126.15 crore from Guwahati International Airport
HDFC Bank announces a reduction in its home loan rate for the 2-year tenure. This move may lead to lower borrowing costs for eligible customers seeking home financing
RVNL emerges lowest bidder for a project of Southern Railways worth ₹156.47 crore
Lupin enters into BTA with LupinLifeSciences to carve out its trade generics business in India, effective July 1, 2024
KEC International gets orders worth ₹1,061 crore across its various businesses
IDBI Bank receives income tax refund order worth ₹2,702 crore
Gland Pharma appoints Srinivas Sadu as Executive Chairman & CEO of the company w.e.f. June 10, 2024
Dr Reddy's manufacturing unit in Andhra Pradesh gets 4 observations from US FDA
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