Market Commentary     09-Jul-24
Stock Alert
Stock Alert: Godrej Consumer Products, Torrent Power, Container Corporation of India, Nestle India
Securities in F&O ban: Aditya Birla Fashion and Retail (ABFRL), Chambal Fertilisers & Chemicals, GNFC, Piramal Enterprises, India Cements, Indus Towers and Hindustan Copper.

Upcoming results: G.M. Breweries, Delta Corp.

Godrej Consumer Products expects double digit growth and high-single-digit growth in value terms across home care and personal care segments in Q1 FY25.

Torrent Power signed an agreement with ARS Steeks and Torrent Urja 14 for setting up 50 MWp solar projects in Tamil Nadu.

Container Corporation of (India) reported total throughput of 11.59 lakh TEUs, up 6% YoY in Q1 FY25, The export-import throughput increased 3.3% to 2.89 lakh TEUs in the quarter ended 31 June 2024, while the domestic throughput was 8.69 lakh TEUs, up by 15% year-on-year in Q1 FY25.

Nestle India’s shareholders approved the continuation of the current rate of 4.5% as royalty payment to its Swiss parent in the company's annual general meeting held on Monday.

H.G.Infra Engineering entered into an Memorandum of Understanding (MoU) with Ultra Vibrant Solar Energy for the execution of a solar power plant project.

Dixon Technologies will exit the joint venture AIL Dixon Tech and acquire a 6.5% stake in Aditya INfotech as consideration for the divestment.

Pitti Engineering opened its QIP for raising upto Rs 360 crore and set the floor price at Rs 1,054.25 per share.

Utkarsh Small Finance Bank received an Reserve Bank of India (RBI) nod for the re-appointment of Govind Singh as managing director (MD) and chief executive officer (CEO) for three years effective from 21 September 2024.

HFCL’s Netherlands unit has incorporated subsidiary in the UK for making optical fibre cables.

Jio Financial Services’ Charanjit Attra resigned as Group Chief Operating Officer and will take over as MD and CEO of Jio Leasing Services starting July 9.

Previous News
  Nestle India announces change in Chairman and MD
 ( Corporate News - 07-Oct-24   11:52 )
  Godrej Consumer Products Ltd slips for fifth straight session
 ( Hot Pursuit - 27-Sep-24   13:35 )
  Nestle India to hold board meeting
 ( Corporate News - 25-Sep-24   10:42 )
  Nestle India Ltd soars 2.1%, up for third straight session
 ( Hot Pursuit - 20-Sep-24   13:06 )
  Nifty settles below 25,400; IT shares underpressure; VIX rallies 6.21%
 ( Market Commentary - Quick Review 18-Sep-24   15:47 )
  Torrent Power rises after bagging LOI for 1,500 MW pump storage project from MSEDCL
 ( Hot Pursuit - 18-Sep-24   12:20 )
  Reliance Power Ltd Spurts 5%
 ( Hot Pursuit - 18-Sep-24   09:30 )
  Torrent Power receives LoI for 1500 MW pumped hydro storage project
 ( Corporate News - 17-Sep-24   19:39 )
  Nifty ends above 25,400; realty shares outperform
 ( Market Commentary - Quick Review 17-Sep-24   15:48 )
  Torrent Power gains on inking MoU with Gujarat Govt
 ( Hot Pursuit - 17-Sep-24   11:23 )
  Indices nudge lower in early trade; breadth positive
 ( Market Commentary - Mid-Session 17-Sep-24   09:32 )
Other Stories
  Stock Alert: IndusInd Bank, Titan Co., Macrotech Developers, Adani Wilmar, Avantel
  07-Oct-24   08:27
  Stock Alert: Bajaj Housing Finance, Bajaj Finance, M&M Financial Services, Shilpa Medicare, Bank of Baroda
  04-Oct-24   08:37
  Stock Alert : Hero Motocorp, Dabur India, Maruti Suzuki India, Marico, HDFC Bank
  03-Oct-24   08:38
  Stock Alert: Auto stocks, Kalpataru Projects Intl, Tata Power Company, PC Jeweller, Ultratech Cement
  01-Oct-24   08:28
  Stock Alert: Alembic Pharma, Bajel Projects, Zydus Lifesciences, Lupin, Adani Enterprises, Biocon
  30-Sep-24   08:34
  Stock Alert: Infosys, Indian Bank, Escorts Kubota, Biocon, Jubilant Pharmova
  27-Sep-24   08:34
  Stock Alert: ONGC, Cipla, Vedanta, Infosys, Uno Minda, Hindustan Copper
  26-Sep-24   08:14
  Stock alert: MCX, HDFC Life Insurance, Delta Corp, Gillette India, PC Jeweller
  25-Sep-24   08:23
  Stock Alert: Punjab National Bank, Reliance Power, Coal India, Power Grid Corp, Thangamayil Jewellery
  24-Sep-24   08:25
  Stock alert: Vodafone Idea, Adani Total Gas, Mankind Pharma, BHEL, Tata Steel,
  23-Sep-24   08:32
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