STOCKS IN ACTION 10 JANUARYMahindra and Mahindra: The company will collaborate with a US-based automobile technology company, Mobileye for software solutions and to explore building a full-stack autonomous driving system.Power Finance Corp: The company received a no-objection letter from the Reserve Bank of India for setting up a finance company in the International Financial Services Centre situated in GIFT City, Gujarat.Polycab India: The company denied media reports of tax evasion and said that it has not received any communication from the income-tax department regarding the outcome of the search.Lupin: The pharma major received approval from the USFDA for the launch of Bromfenac Ophthalmic Solution, 0.07% in the United States.Shyam Metalics And Energy: The company raised Rs 1,385 crore through qualified institutional placement at Rs 576 per share, which indicated a discount of 9.70% to the current market price.Steel Strips Wheels: The National Company Law Tribunal approved the acquisition of the AMW Autocomponent. The company has also invested Rs 138.15 crore into AMW Autocomponent through a mix of equity for Rs 5 crore and an inter-corporate loan of Rs 133.15 crore.IRCTC: The Railway Ministry nominated Sanjay Kumar Jain as the chief managing director of the company.Life Insurance Corp: The company has increased its stake to 5% from 4.8% in Navin Fluorine.KIOCL: The company’s operations at the Mangalore pellet plant were suspended due to the non-availability of iron-ore fines.Karnataka Bank: The private lender partnered with Digivriddhi to offer a host of financial services catering to the needs of dairy farmers and milk societies

STOCKS IN ACTION 10 JANUARY Mahindra and Mahindra: The company will collaborate with a US-based automobile technology company, Mobileye for software solutions and to explore building a full-stack autonomous driving…
Bank nifty coming to previous day low now.

DII and FII update 10JAN

DII and FII update - 10/1/2024 Cash FII: -1721 cr DII: +2080 cr FII Derivative update - 10/1/2024 Futures: -641 cr - Bearish Options activity: Calls: -15,582 qty - Bearish…

HSBC on UPL Buy, TP Rs 730 Media reports suggest UPL set to acquire part of Mancozeb portfolio of global Ag major Corteva; deal terms undisclosed A small but +ve development enabling to strengthen market positioning in key markets, especially LatAm Trades @ 5.5x FY25e EV/EBITDA

HSBC on UPLBuy, TP Rs 730Media reports suggest UPL set to acquire part of Mancozeb portfolio of global Ag major Corteva; deal terms undisclosedA small but +ve development enabling to…

Tata Power entity TPREL has signed two Memorandum of Understanding (MoU) with the Tamil Nadu government. Under the first MoU, TPREL will explore opportunities to develop 10,000 MW of renewable energy projects in areas like solar, wind, hybrid in the next five to seven years. earn

Tata Power entity TPREL has signed two Memorandum of Understanding (MoU) with the Tamil Nadu government. Under the first MoU, TPREL will explore opportunities to develop 10,000 MW of renewable…