Premier Explosives: Company signs MoU with Global Munition to set up a JV to manufacture defence & aerospace products. (Positive)
Lupin: Company acquires 3 anti-diabetes trademarks from Boehringer Ingelheim International. (Positive)
Bharat Forge: Arm Kalyani Strategic Systems to acquire 25% stake in Edgelab S.p.A, Italy, for €2.50 million (Positive)
Genus power: Company announces commencement of commercial production of its smart electronic energy meter manufacturing facility in Assam. (Positive)
Dixon: Company signs binding term sheet with Vivo India for proposed electronic devices JV (Positive)
GNA Axles Limited: Company announced the commissioning of a 4 MW rooftop solar power plant at its Kapurthala facility. (Positive)
Elcid Investments: Company applied to the Reserve Bank of India to register its Non-Banking Financial Company (NBFC) as a Type NBFC-ND (Positive)
Jaiprakash Power: Company announced that the Andhra Pradesh High Court stayed the Rs.1334 crore penalty imposed by the Department of Mines & Geology for alleged illegal sand mining. (Positive)
Mahindra Logistics: Noida Airport partners Mahindra Logistics for electric taxi service. (Positive)
HBL Power: Company has received a Kavach order worth Rs.1522.4 Crores from Chittaranjan Locomotive Works. (Positive)
RITES: Receives work for construction of Integrated Check Post from MEA, Govt of India, worth ₹297.7cr (Positive)
Aurobindo Pharma: Announces CHMP within the European Medicines Agency adopts positive opinion for Zefylti (Positive)
Welspun Corp: Company kicks off $100-million expansion plan to double the capacity of its Little Rock facility in U.S. to 3.5 lakh tonnes (Positive)
Sky Gold: Company plans to enter into Lab grown diamond business in next two quarters. (Positive)
Madhav Infra Projects: Company wins LoA for project of Rs 264.4 crore (Positive)
Afcons: Received Letter of Acceptance for Bhopal Metro project. (Positive)
Zydus Wellness: Subsidiary ZWPL won a High Court appeal. The court overturned an earlier decision, ordering authorities to reconsider ZWPL’s claim for budgetary support within 12 weeks (Positive)
Praj Industries: Company announces the formation of a wholly-owned subsidiary, Praj Projects (Tanzania) Limited, to expand its business in Tanzania. (Positive)
Lemon Tree Hotels: Company will open a new 74-room hotel in Bhuj, Gujarat in FY2026. (Positive)
Happy Forgings: Company secures order for crankshafts worth INR 140 crores. (Positive)
Royal Orchid Hotel: Company expands Regenta brand with 2 new properties in Goa. (Positive)
GE Power: Company India receives Rs 182.7 million order extension. (Positive)
Mahindra Life: Company is on track to surpass its Rs 2,500 crore pre-sales guidance for fiscal 2024-25 (Positive)
Biocon: European Medicines Agency’s Committee for medicinal products for human use recommends approval of Biocon Biologics’ YESINTEK. (Positive)
63Moons: Company approves ₹1,950 crore one-time settlement for NSEL investors. (Positive)
JSW Steel: The ED has restituted assets worth ₹4,025 crore of the erstwhile Bhushan Steel and Power Limited to JSW Steel following approval from the Supreme Court (Positive)
Vedanta: Stock to remain in focus ahead of board meet for fourth interim dividend (Neutral)
Aeroflex: Company’s board approves raising up to Rs 400 crore via QIP (Neutral)
JK Paper: Board approves merger of 3 arms to consolidate presence. (Neutral)
Waaree Energies: Waaree Power acquires 55% stake in Ewaa Renewable. (Neutral)
Reliance Industries: Company acquires 74% stake in Navi Mumbai IIA Private for ₹1,628 crore (Neutral)
PNB: India Ratings affirmed Punjab National Bank’s (PNB) long-term issuer rating at IND AAA/Stable. (Neutral)
Zee Learn Ltd: Company appointed Mr. Mayank Jain as Chief Operating Officer (COO), effective December 13, 2024. (Neutral)
Bank of Baroda: Bank has announced a board meeting on December 18, 2024, to discuss raising long-term bonds to fund infrastructure and affordable housing projects. (Neutral)
MaxLife: Company has been rebranded to Axis Max Life Insurance, says Max Financial. (Neutral)
ONGC: Clarification regarding the likely public listing of ONGC Green. (Neutral)
Anjani Finance: Company sold a 600 KW windmill located in Rajasthan to Shri Mohangarh Renewables Pvt. Ltd. (Neutral)
REC Ltd: Company received a fine from NSE & BSE for non-compliance with SEBI regulations on board composition. (Neutral)
Torrent Pharmaceuticals: Company as partially redeemed Rs 142.86 crore of its Rs 1000 crore secured redeemable Non-Convertible Debentures (NCDs) on Dec 13, 2024. (Neutral)
Aptus Value: Company received credit ratings from CARE Ratings. A new Rs. 250 Cr Non-Convertible Debenture (NCD) issue received a CARE AA-. (Neutral)
One97 Communications: Company announced the completion of the sale of Stock Acquisition Rights held by One97 Communications Singapore Private Limited in PayPay Corporation, Japan. (Neutral)
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JK Paper: Company announced a composite scheme of arrangement involving its subsidiaries: JKPL Utility Packaging Solutions, Securipax Packaging, Horizon Packs, Enviro Tech Ventures, and PSV Agro Products. (Neutral)
Mukta Arts: Company’s CFO, Mr. Prabuddha Dasgupta resigned effective December 13, 2024, due to pursue for other opportunities. (Neutral)
Sula Vineyards: Company appointed Mr. Gorakh Gaikwad as its Chief Operating Officer (COO), effective December 21, 2024. (Neutral)
Bharti Airtel: DoT issues warning and penalty for subscriber verification lapses (Neutral)
Siyaram Recycling: Company announced Ms. Megha Maheshwari’s appointment as an additional Whole-Time director. (Neutral)
Aarti Pharmalabs: Company announced the appointment of Shri Jeevan Mondkar as Company Secretary, Compliance Officer (Neutral)
Chennai Petroleum: Company appointed Shri M Anna Durai as a Non-Executive Director, effective December 13, 2024. (Neutral)
GTPL Hathway: Company sold its entire 61% stake (12,200 shares) in subsidiary GTPL Bansidhar Telelink Pvt Ltd. (Neutral)
Navin Fluorine: Amrit Singh resigns as CEO- Specialty Business of the company w.e.f. February 10, 2025. (Negative)
Ceigall India: Company announced the cancellation of its ₹207 crore tender for a road construction project in Jharkhand. (Negative)
