Friday, October 4, 2024

Share Market Highlights September 11, 2024: Sensex, Nifty hold steady in range-bound trade

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Astra microwave: Company signed a MOU with premier explosives for a strategic alliance to develop and sell multiple products jointly.

Ramco Systems: Company announces the launch of aviation software 6.0 for smarter aircraft management 

Jubilant Pharmova: USFDA determines inspection classification of ‘voluntary action indicated’ for the contract manufacturing facility at Spokane, Washington (USA) 

Hindustan Zinc/Skipper: Company and skipper limited partner for India’s heaviest transmission steel pole structure, weighing around 200 metric tons 

Reliance Industries: Reliance Retail Ventures & Delta Galil in pact for JV in India. 

IZMO: Company launches IZMO micro – India’s leading system-in-package manufacturing facility, now operational in Bangalore, Company launch of IZMO microsystems, unit for semiconductor packaging, manufacturing 

Brigade Enterprises: Company inaugurates 108-bed hospital in collaboration with St. John’s Medical College Hospital at Brigade Meadows. 

PC Jeweller: Company said it has received a refund of ₹67.54 crore from the Income Tax Department 

Lemon Tree: Company announced the signing of a license agreement for a new property, the Lemon Tree Hotel, Mira Road, Mumbai

IREDA: Company unit IREDA global green energy finance IFSC gets provisional registration from IFSCA. 

Tinna Rubber: Company has signed a joint venture agreement with lionshare holdings and MBODLA investments to acquire and recycle used Tyres, either in India or through a new recycling plant in South Africa

Rajoo Engineers: Company signing agreement to develop innovative plastic extrusion machinery, Company to develop plastic extrusion machinery for one of overseas customer worth $ 15 million 

Ashoka Buildcon: Company has formed ABL INDIRA Projects JV LLP with Indira projects & development private limited for a project in the Maldives, holding a 90% stake in the LLP 

Genus Power Infra: Company has incorporated two wholly-owned step-down subsidiaries (SPVS) on September 10, these are incorporated as SPVS for execution of advanced metering infrastructure service provider contract 

Adani Ports: Rorix Holdings in pact with Company to integrate advanced technologies into India’s infrastructure: Bloomberg

Infosys: Company and Proximus Group announce strategic collaboration to drive innovation and deliver superior customer experiences through CPaaS and DI solutions.

Oil India/ ONGC: OIL, OVL and KABIL sign MoU with IRH, UAE for global cooperation in critical mineral supply chain

Shriram Finance: Company plans to list its general and life insurance subsidiaries in next two years. 

Endurance Tech: Company to capitalize on premiumization in auto sector to grow revenues. 

Oil Downstream companies: Brent crude falls below $70 for the first time in 3 years.

Torrent Pharma: Company achieved double-digit growth on business 

CESC: Purvah Green Power accepts LoA from company for setting up 300MW Solar PV power project. 

Bajaj Auto/Hero/TVS/Ola: Government likely to announce subsidy schemes for electric vehicles today: Sources

Windsor Machines: Plutus Investments acquires 53.9% of Windsor Machines for Rs 350 crore. 

Dr Reddy’s lab: Company issues clarification on certain allegations pertaining to our engagement with agora advisory, Company routinely engage external coaches to enable significant role transitions of leaders.

Dixon Technologies: India CCI approves the subscription of certain shares of Aditya Infotech limited by Company and the acquisition of certain shares of ail Dixon technologies private limited by AIL

Logica Infoway: Company on obtaining Tier – I National Distributorship of Samsung Laptops/ Notebooks for West Bengal and National Capital Region (Delhi NCR) in the month of September 2024 

Pidilite industries: Company issues clarification on news regarding association of Dhaval buch, Company says engages with multiple partners, consultants 

Tata Motors: India CCI approves the proposed merger of Tata motors finance ltd with and into Tata capital ltd 

Persistent: Company to acquire assets of SoHo Dragon in $4.7 million deal 

Reliance Industries: Company sets September 20 as last date for paying call money on partly paid shares. 

IndiGo: Bureau of Civil Aviation Security reduces Quantum Of Penalty Imposed On Co from ₹1.2 Cr to ₹70 Lk

UCO Bank: To hike lending rate by 5 bps for some tenures from September 11, 2024 

SpiceJet: Company agrees to a restructuring settlement with Carlyle Aviation, which will involve writing off $40.17 million in lease arrears.

Yes Bank: Recommends wholesale banking country head Manish Jain’s name as executive director for 3 years. 

Auto Ancillaries: BMW Cut 2024 guidance in the Automotive segment.



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