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STOCK MARKET UPDATES




*    Lupin: The Company gets US FDA approval For Febuxostat Tablets that are used for the chronic management of hyperuricemia.

*    Coal India: Company’s units get cabinet nod for equity investment in thermal power plants.

*    Power Finance Corporation: The Company incorporates two SPVs for developing transmission projects in Gujarat and Rajasthan.

*    Indian Bank: Gets RBI approval for setting up a new wholly-owned operations support subsidiary.

*    Mahindra Holidays: The company is to invest Rs 800 crore in Tamil Nadu to build three Greenfield resorts.

*    Aether Industries: The Company collaborates with Novoloop to set up a pilot plant in Hojiwala industrial estate in Gujarat.

*    Poonawalla: Net Profit up 76.3% at ₹265.1 Cr Vs ₹150.4 Cr, Revenue up 52.1% at ₹762.6 Cr Vs ₹501.4 Cr (YoY).

*    Shalby: Company to acquire 87.26% stake in PK Healthcare for Rs 102 crore.

*    Dynamatic Tech: The company signs a long-term contract with Dassault Aviation.

*    REC: Company designated as the overall implementation agency for the rooftop solar program of the Renewable Energy Ministry.

*    Supreme Petrochem: The Company has acquired 96.35 acres of land in Haryana to establish new plants for manufacturing Polystyrene and Expandable Polystyrene.

*    Uttam Sugar: The Company has increased its "Distillery Capacity (Ethanol)" from 150 KLPD to 250 KLPD at the Barkatpur plant.

*    Ujjivan: Big Bull Investor Dolly Khanna Enters With 1.13% Stake as per Latest Share Holding Pattern.

*    Hindustan Adhesives: Investor Ashish Chugh & Associate's name appears in Hindustan Adhesives Ltd. With 1.02%.

*    Sanghi Ind: Rajasthan Global Securities bought 22,15,580 @ Rs. 121.00 of Sanghi Industries Limited.

*    Home First Finance: The Company had a strong Q3 FY24 with a Rs 1000 Crores disbursement milestone and 29.1% y-o-y growth.

*    Innova Captab: Rev at Rs.283 cr vs 242.2cr, up 16.8%. EBITDA 40.5cr vs 31cr, up 30.6%.

*    EMS Limited: The Company has emerged as the L1 in a tender at Vikas Nagar, Dehradun, Uttarakhand, with an estimated order value of approximately Rs. 478.93 Crores.

*    Shoppers Stop: Net profit down 41.2% at ₹36.7 cr vs ₹62.7 cr, Revenue up 8.8% at ₹1,237.5 crores vs ₹1,137.1 crores (YoY).

*    Bandhan Bank: RBI approves the appointment of Rajinder Kumar Babbar as whole-time director of the bank.

*    Indusind Bank: NII at Rs 5295.0 crore versus Poll of Rs 5237.0 crore, Net Profit at Rs 2301.0 crore versus Poll of Rs 2296.0 crore.

*    Wipro: Company to acquire 14% stake in Huoban Energy 11 for enhancing renewable energy usage. 

*    SBIN: Bank raises Rs 5,000 crore through 10-year AT-1 bonds.

*    NMDC: Sources Say Indian Govt rejects proposal for iron ore exports to China.

*    Metro Brands: Q3 FY24 cons PAT at Rs.97.8 cr vs Rs.112 cr, down 12.6% YoY.

*    Dixon: The Company reported a search by the Directorate of Revenue Intelligence at a subsidiary's manufacturing facility.

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