Hensex Securities Research
Hensex Securities Research
February 21, 2025 at 03:35 AM
*🇮🇳India Daybook – Stocks in News* *V.L. Infraprojects:* Company has secured a significant contract for a water infrastructure project in Gujarat, Project Value of Rs 214.92 Cr. (Positive) *Crompton Greaves Consumer:* Company announced the launch of its "TechWithHeart" initiative, showcasing new energy-efficient and smart product lines. (Positive) *NTPC Green:* Company in pact with Bharat Light to explore offtake of green hydrogen. (Positive) *Lemon Tree:* Company subsidiary received an arbitration award for Rs. 11.47 Cr in a claim against Hind Inns & Hotels Ltd. and Hind Motors. (Positive) *ITI:* Company gets initial tranche of ₹100 crore from C-DoT for land at Electronic City, Bangalore. (Positive) *RVNL/HFCL:* In a consortium signed a Project Implementation Agency (PIA) agreement with BSNL on Feb 20, 2025, for Packages 6 (UP W) & 3 (UP E) of BSNL's tender. (Positive) *ACE:* Company secures ₹420 crore contract from Ministry of Defence. (Positive) *Coforge:* Company acquires Xceltrait Inc. for $17.85 million. (Positive) *Cipla:* Company receives USFDA approval for Nilotinib Capsules. (Positive) *Senores:* Company acquires ANDA for Roflumilast tablets. (Positive) *Kamat Hotels:* Company signed management agreement for Orchid Hotel, Mandavi. (Positive) *Delta Corp:* Company has signed a deal to sell Deltatech Gaming (Adda52) to Head Digital Works (A23) for Rs 491 crore (Positive) *Solarium Green:* Company wins two orders worth Rs 72 crore. (Positive) *ISGEC:* Nippon India Smallcap Fund bought 832923 at Rs. 915.0 of the company. (Positive) *Sai Life:* Smallcap World Fund bought 1055329 at Rs. 684.9 of the company. (Positive) *Windlas Biotech:* Ajay Aggarwal bought 144995 at Rs. 787.4 of the company. (Positive) *Thomas Cook:* Company, SOTC Travel, Fairfax Digital Services, LTIMindtree & Voicing.AI collaborate to build India’s first multi-modal, multi-lingual, agentic voiceenabled, GenAI advisor – Dhruv (Positive) *ONGC:* Company eyes 60% output boost at Mumbai High via BP tie-up: Arun Kumar Singh. (Positive) *Narayana Hrudayalaya:* Company announced the foundation stone laying ceremony for a new 1,100-bed hospital in Kolkata, named Narayana Health City, Kolkata. (Positive) *JM Financial:* Company Gets Tax Department Order for Refund of Rs 230 Cr for Assessment Year 2008-09. (Positive) *LIC:* Dinesh Pant, Ratnakar Patnaik have been appointed managing directors in Company. (Neutral) *CDSL:* Company and National Securities Depository Limited have launched the unifying features in the investor apps of CDSL and NSDL (Neutral) *Josts Engineering:* Company entered into a Trademark License Agreement with its wholly-owned subsidiary, JECL Engineering Limited. (Neutral) M&M:* To subscribe to the Equity Shares of MMFSL and MLDL to the full extent of the Company’s Rights Entitlement upto Rs 3000 crore (Neutral) *M&M Financial:* Company to raise up to Rs 3,000 crore via rights issue. (Neutral) *Kotak Mahindra:* S&P affirms ratings; outlook positive. (Neutral) *BSE Ltd:* Company announced the resignation of Sameer Patil as Chief-Special Projects, effective May 21, 2025. (Neutral) *Power Finance Corp:* Company incorporates new unit Kakinada I Transmission. (Neutral) *Kotak Mahindra Bank:* Appoints Vyomesh Kapasi as Head of Products - Consumer Bank. (Neutral) *Parag Milk:* Company received penalty orders from the Income Tax Department, Central Range 2, Pune. Penalties totaling Rs. 10.57 Cr were levied (Neutral) *TGB:* Company received a GST order imposing a demand of Rs. 5.16 Cr (including tax, interest, and penalty) on various GST issues. (Neutral) *Tata Steel:* Company acquires equity stake in T Steel Holdings for $300 Million. (Neutral) *Brainbees Solutions:* Company Secretary and Compliance Officer, Ms. Neelam Jethani, resigned, effective March 15, 2025. (Neutral) *Grindwell:* Appoints Venugopal Shanbhag as Managing Director of the company w.e.f. April 1, 2025 (Neutral) *Repco Home Finance:* Company’s Managing Director & CEO, Mr. K.Swaminathan, tenure ends today, Feb 20, 2025. (Neutral) *Vedanta:* Company approves debt raising of Rs 2,600 cr (Neutral) *HG Infra:* Company has completed the sale of its entire 100% equity stake in Rewari Bypass Private Ltd to Highways Infrastructure Trust (Neutral) *Samvardhana Motherson:* Company has incorporated a wholly owned subsidiary, Motherson Treasury Strategy Limited, in Abu Dhabi Global Market (Neutral) *Bharat Electronics:* Company has received reaffirmed credit ratings from ICRA, ICRA reaffirmed the AAA (Stable) rating for Rs. 500 crore. (Neutral) *Indian Overseas Bank:* SEBI issues administrative warning (Neutral) *CIE Automotive:* Net profit at Rs. 185 cr vs estimates Rs 202 cr, Revenue at Rs. 2110 cr vs Rs 2134 cr (YoY) (Neutral) *Sanofi:* Net profit at Rs. 44.3 cr vs estimates Rs 67.9 cr, Revenue at Rs. 178 cr vs Rs 220 cr (YoY) Company to acquire controlling stake in Opella Healthcare. (Neutral) *CIPLA:* USFDA Inspection at Analytical Testing Facility of Sitec in Mahape, Navi Mumbai, 2 observations noted (Neutral) *FMCG stocks:* Indian refiners have cancelled orders for 70,000 metric tons of crude palm oil (CPO) scheduled for delivery between March and June (Negative)🪴

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