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STOCKS IN ACTION 2 MAY
Godrej Group: The Godrej family is set to split the 127-year-old conglomerate into two branches.
Adi and Nadir Godrej will keep Godrej Industries with its five listed companies, while cousins Jamshyd Godrej and Smita Crishna will receive the unlisted Godrej & Boyce.
Jindal Stainless: The company announced plans to invest Rs 5,400 crore across three major organic and inorganic capacity expansion decisions.
BSE: The company has revised equity derivatives transaction charges from May 13.
Wipro: The company received a multi-million-dollar deal with Nokia to overhaul the employee service desk.
Rail Vikas Nigam: The company emerged as the lowest bidder for a construction project worth
Rs 391 crore.
Mold-Tek Technologies: The company appointed Donti Reddy Sarveswar Reddy as Chief
Financial Officer.
Paradeep Phosphates: The Central Pollution Control Board has conditionally revoked the closure of the Odisha plant for 90 days from April 29.
Accordingly, the plant will resume its operation shortly.
Mishra Dhatu Nigam: The company received an order worth Rs 139 crore.
Kotak Mahindra Bank: KVS Manian, joint managing director of the company has resigned with immediate effect.
Mahindra and Mahindra Financial: The company has appointed whole-time Director Raul Rebello as Executive Director and MD & CEO effective from May 1.
Maruti Suzuki: commences pre-bookings for the much-awaited Epic New Swift for ₹11,000 per unit
PB Fintech: to acquire 100% stake in Genesis Group, plans divestments in Visit Health and Visit Internet
GOKUL AGRO RESOURCES: CO GETS ORDER WORTH 500M RUPEES FOR GRID CONNECTIVITY AND EVACUATION OF 10.00 MW SOLAR POWER PROJECT AT 66KV GORAD SUBSTATION OF GETCO LOCATED AT BANASKANTHA, GUJARAT
K&R RAIL ENGINEERING: CO SAYS MOU SIGNED WITH UNECO CO; MOU FOR SETTING UP COMPOSITE SLEEPER PLANT IN INDIA || ESTIMATED COST OF PROJECT IS AROUND 4B RUPEES; PROJECT WILL BE ESTABLISHED AT NAGARNAR NEAR NMDC STEEL PLANT IN MADHYA PRADESH
BHARTI AIRTEL: AIRTEL XSTREAM PLAY STRENGTHENS REGIONAL CONTENT LIBRARY, PARTNERS SUN NXT || AIRTEL XSTREAM USERS CAN NOW ENJOY SUN NXT’S VAST REPOSITORY OF OVER 4000 MOVIE TITLES AND 30,000+ HOURS OF TV CONTENT IN TAMIL, TELUGU, KANNADA, MALAYALAM, BANGLA AND MARATHI
SOM DISTILLERIES: EARNINGS CALL UPDATE - EXPECTS TO MAINTAIN EBITDA MARGINS, AWAITS FIRST-QUARTER PERFORMANCE FOR FULL-YEAR GUIDANCE, FORESEES INCREASED DEMAND FROM ODISHA, JHARKHAND, AND THE NORTHEAST, WITH A FOCUS ON MARKET SHARE AND SALES VOLUME GROWTH, WITHOUT THE NEED FOR FUNDING CURRENTLY
KRSNAA DIAGNOSTICS: CO SIGNED AN AGREEMENT WITH THE GOVERNMENT OF MAHARASHTRA, FOR PROVIDING MRI AND CT SCAN SERVICES IN DISTRICT HOSPITALS, MARKING ONE OF ITS LARGEST GOVERNMENT PARTNERSHIPS IN DIAGNOSTICS, AFFIRMING ITS STATUS AS A LEADING SERVICE PROVIDER IN HEALTHCARE
MAX ESTATES: CO HAS APPROVED A BINDING MOU WITH NEW YORK LIFE INSURANCE COMPANY FOR INVESTMENTS TOTALING APPROXIMATELY 3.88B RUPEES IN ITS SUBSIDIARIES, MAX TOWERS PVT LTD AND PHARMAX CORPORATION LTD
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STOCKS IN ACTION 30 APRIL
Wipro: The company announced the launch of its own Lab45 Think Tank to help enterprise leaders and Wipro customers prepare for a future with emerging technologies. Lab45's Think Tank will study the impact of emerging technologies such as generative Al, space technology, spatial and quantum computing, loT, etc. on business, people, and the planet.
Tata Elxsi: Tata Power Community Development Trust has partnered with the company to drive its "Pay Autention" initiative forward.
NMDC: The company increased prices of lump ore by Rs 400 per tonne to Rs 6,200 per tonne and fines by Rs 200 per tonne to Rs 5,260 per tonne.
КЕС International: The company received new orders worth Rs 1,036 crore across various businesses. The company has received transmission and distribution projects in the Middle East and the US.
Coromandel International: The company commenced activity to set up its 1000-crore plus phosphoric acid and sulfuric acid plants at Kakinada, Andhra Pradesh.
Rites: The company received a letter of acceptance worth $111 million from Bangladesh Railway for the supply of passenger carriages.
Rail Vikas Nigam: The KRDCL-RVNL Joint Venture received a letter of acceptance worth Rs 439
crore for the redevelopment of Thiruvananthapuram station.
Rashtriya Chemicals and Fertilizers: The Ministry of Chemicals approved the revised investment worth Rs 2,170 crore by the company in Talcher Fertilizers. Talcher Fertilizers is a JV between the company, GAIL, Coal India, and Fertilizer Corp.
Thomas Cook: The company and SOTC successfully operated their inaugural charter to Bhutan from Bengaluru on April 27 and the flight was operated at 100% capacity. This exceptional delivery underscores the robust demand from Bengaluru and Karnataka for premium destination
experiences.
Bajel Projects: The company redesignated MD Rajesh Ganesh as MD and CEO.
IDBI Bank: The company received a tax order worth Rs 349 crore, including interest and penalty, from Maharashtra GST authorities.
PC JEWELLER: SBI seeks to withdraw the petition against the company on account of agreed settlement terms.
Capri Global Capital: The company has appointed L. V. Prabhakar as Chairman of the Board.
ICICI Group: becomes sixth conglomerate to breach ₹10 lakh crore in market capitalisation
Bharat Parenterals: raised 100 crore priced at 1356 per share vs CMP of 1891 from HNI investors including Ashish Kacholia
BhartiAirtel: allots equity shares worth about Rs 246 crore to its foreign debt bond holders that are due for maturity in February 2025.
@daytradertelugu