Stocks To Trade

Stocks To Trade

Balaji Amines announces commissioning of a greenfield project along with construction of 2 new plants. The Phase 1 of 90-acre Greenfield Project (Unit IV) has been completed and the DMC/PC and PG Plant will be ready to commence – positive

 

State Bank of India (SBI), raised the Benchmark Prime Lending Rate (BPLR) by 70 basis points (or 0.7 per cent) to 13.45 per cent on Wednesday - Positive

 

Jubilant Pharmova , today announced that Dr. Jaidev Rajpal will join the Company as Head of its Generics business effective from October 11, 2022. Jaidev is being appointed as Managing Director & CEO of the Company's wholly owned subsidiary – positive

 

C E Info Systems has considered and approved the acquisition of 26.37% stake on fully diluted basis of Kogo Tech Labs Private Limited for INR 10.00 Crore, with an option to raise the stake to 50% within 2 years. – positive

 

RattanIndia Enterprises launched 'Defender' by its unit Throttle Aerospace Systems. Defender, an indigeneously developed tracking and capturing system for rogue drones, is loaded with 13 Artificial Intelligence features to neutralise threats before they can cause harm. Defender can move at top speeds of 26 metre per second with range up 20 km. – Positive

 

Veranda Learning - The Board of Directors of Veranda Learning considered and approved the fund raising proposal to issue and allot 77.97 lakh equity shares of face value of Rs. 10/- each fully paid-up ("Equity Shares") to certain Non-Promoters entities, on a preferential basis, at a price of Rs. 307/- per Equity Share (CMP 359) – positive

 

Vedanta will create a hub to manufacture Apple's iPhones and other television equipment in the state of Maharashtra, Reuters reported quoting CNBC TV18 – positive

 

L&T Finance to raise Rs5000cr via bonds - positive

 

Tata Power Solar Systems, a solar EPC company and a wholly owned subsidiary of Tata Power Renewable Energy, has received a letter of award (LoA) of ₹596 crore from NHDC Limited for setting up a 125MW floating solar project worth Rs596cr. – Positive

 

Bharti Airtel - IBM and Bharti Airtel plan to work together to deploy Airtel’s edge computing platform in India, which will include 120 network data centers across 20 cities. The platform can help improve business performance and customer experience by reducing latency while addressing data security and sovereignty requirements. – positive

 

Federal Bank - CARE Ratings has re-affirmed 'CARE AA' Rating in respect of The Federal Bank Limited's 'Basel III -Tier II Bonds' of Rs. 1000 Crores (Size of Issue) and revised outlook to 'positive' from 'stable'.- positive

 

TCS announced the launch of TCS Mobility Cloud Suite, a rich toolbox of cloud-enabled software to help automotive manufacturers and suppliers adapt to the rapid changes in their industry and accelerate the expansion of their ecosystems. – Positive

 

G R Infraprojects Limited, has received transmission licence from Central Electricity Regulatory Commission (CERC). The transmission licence shall, unless revoked earlier, remain in force for a period of 25 years from the date of issue. – Positive

 

DJ Mediaprint has secured orders from LIC of India-Divisional Office, Raichur for Printing & Supply of Stationery.- positive

 

Coromandel International - Dare Ventures, the venture capital arm of Coromandel International has announced its third investment this year into a differentiated drone startup, Dhaksha Unmanned Systems Pvt – positive

 

SJVN LTD - India Ratings and Research (Ind-Ra) has affirmed SJVN Limited's Long-Term Issuer Rating at ‘IND AA+’. The Outlook is Stable.- positive

 

WPI (Whole Sale Price Index) for the month of August fell to 1-year low at 12.41% vs 13.93% previous month – expectation was 13% - positive for market sentiment after WPI fell to one month low while most of the global countries are facing higher inflation.