Stocks in News 3JULY

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KEC International: Company gets new orders worth Rs 1,017 crore in its T&D and renewables businesses. (Positive)

Health care Global: Company approves acquisition of 196-bedded Vizag Hospital in Vishakhapatnam for over Rs 362 crore. (Positive)

V2 Retail: Company says Q1 standalone Revenue from Operations up 57% (YoY) to 4.14b rupees, Q1 same store sales growth of 37% (Positive)

NLC INDIA: Company has achieved 22.12% growth in lignite production during Q1 of FY 2024-25. (Positive)

KCP: Company have approved the proposal of railway siding project along with input material handling equipment and system & cement grinding hydraulic roller press at Andhra Pradesh (Positive)

V-MART Retail: Company says same store sales growth at 11% for Q1, Revenue from ops up 17% (YOY). (Positive)

Primo Chemicals: Company secures long-term coal linkages via 10-year fuel supply agreement with Northern Coalfields. (Positive)

Moschip: Company in pact with C-DAC and Socionext for making high performance computing processor AUM. (Positive)

Avenue Supermarts: Standalone revenue from ops at ₹13,712 cr (Agencies). (Positive)

IEX: Total electricity volume at 10,185 MU, up 24.7% YoY, up 18 percent. (Positive)

Waaree Energies: Company bags order to supply 900 MW of modules for Serentica Renewables in Rajasthan (Positive)

RVNL: Company declared lowest bidder for Rs 133 crore Central Railway project (Positive)

Puravankara Ltd: Company acquires 7-acre land parcel in Hebbagodi, Bengaluru, with potential GDV of Rs. 900 Crore (Positive)

Dynacons Systems: Company won Rs 119 crore contract from the Central Bank of India for a private cloud infrastructure project. (Positive)

HDFC Bank: Bank may see inflows of up to $4 billion as MSCI weightage set to rise. (Positive)

Persistent: Company acquires Starfish Associates, Strengthening its Position in AI-powered Contact Center and Unified Communications (Positive)

Dev Information: Company have secured noteworthy orders cumulatively worth Rs 8 crore. (Positive)

Hindustan Zinc: Company’s mined metal production up 2% at 263 kt year-on-year in Q1FY25 (Neutral)

ONGC: Appoints Vivek Chandrakant Tongaonkar as the new Director (Finance) and CFO. (Neutral)

Zomato: Company unit to withdraw application for getting NBFC registration (Neutral)

ONGC: Company appoints Chandra Kant Tongaonkar as Director (Finance) and CFO, effective July 2. (Neutral)

Piramal ENT: Company approves raising Rs 180 cr via bonds (Neutral)

Kfin Technologies: Company says disinvestment of entire stake of 20.95% of fin tech products and solutions, deal for 65m rupees. (Neutral)

GPT Infra projects: Company board meeting on July 5 to consider raising of funds. (Neutral)

Solara Active: Company says TPG growth iv sf cut stake in company to 4.44% from 8.60%, cut stake via open market sale (Neutral)

M&M Financial: Company says Q1FY25 disbursement grew 5% (YoY), collection efficiency at 95% for June 2024. (Neutral)

Britannia Industries: Company appoints Urjit Patel as an independent director for 5 years. (Neutral)

Bank of Maharashtra: Bank Secures Rs 1793 Cr in Total Bids for Basel Iii Compliant Tier 2 Bonds. (Neutral)

Capri Global: Company appoints Tarun Aggarwal as the Group Chief Technology Officer. (Neutral)

Force Motors: Total sales down 2.9% at 2,553 units vs 2,628 units (YoY) (Neutral)

MOIL: Company registers quarterly sales growth of 14.5% year-on-year. (Neutral)

Confidence Petro: Company has acquired 99.99% of Punjab Petroleum Corporation Ltd.’s equity shares. (Neutral)

Kotak Mahindra Bank: Hindenburg partner said transactions were for itself. (Neutral)

YesBank: Gross advances rose 14.8% on a yearly basis to Rs 2.29 lakh crore in Q1FY25. (Neutral)

GPT Infra: Board of directors of GPT Infraprojects to consider fund-raising options on July 5. (Neutral)

Indiabulls Housing: Company changes name to Sammaan Capital on receipt of necessary regulatory processes. (Neutral)

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