- Mahindra & Mahindra and Advani Total Gas are to set up EV Infrastructure.
- Vintage Coffee and beverages Ltd. to boost capacity by 45% and production by 3X.
- Tata Sons sells 0.65% stake via open market in TCS.
- Jupiter Wagons acquires Bonatrans India.
- First View Trading Pvt. Ltd. purchases 21,795 shares of Kilburn Engineering.
- Avenue Supermarts jumped 4.4% after CLSA initiated a buy rating on D-mart.
- Railtel corporation receives an order worth 99.02 cr.
- Droneacharya Aerial Innovations & Hadron Aviation signs MOU for creating a stream of 1000 personnels through drone centric diploma & certificate courses.
- IRB Infrastructure jumped 10% as Kotak Securities rate its upgrade from “SELL” to “ADD”.
- Gensol Engineering commissions 10.6 MWP Solar project in MP.
- Prince Pipes acquires brand “Aquel” for Rs. 55 Cr.
- Sula Vineyards sees a 2.5% jump after the Monarch Networth Capital initiates a “Buy” call.
- Gold hits a fresh high of Rs. 66,778/-.
- As Gold reaches new high, Muthoot Finance and Manappuram Finance gained 5% & 3% respectfully.
- Wipro acquired firm Capco appoints new CEO. Hence, wipro price jumps by 1.7%.
- As market share of CNG PVs rise from FY24 to FY30, Maruti Suzuki and Tata motors are going to be direct beneficiaries.
- Himadri Specialty Chemical is up by 2.5% as it acquires 40% stake in Invati Creations.
- RVNL share is up by 2.5% after winning 339 Cr. Maharastra Metro Rail contract.
- Jefferies maintain a “BUY” call on Bharti Airtel, resulting in 5.5% rise in stock price.
- L&T buys shares of National Highway Infrastructure Trust.
- JP Morgan’s bullish on Engineering, Research and Development (ERD) firms.
- Eicher Motors is up by 4% as the UBS upgrade its rating to “BUY”.
- Aurobindo Pharma is up by 2% after the approval for Nasal Spray by US Food & Drug Administration.
- Ultratech Cement share rises as they get CCI nod to acquire BK Birla Group’s flagship company Kesoram Cement.
- ICICI Prudential MF buys stake in Star Health & Allied Insurance.
- Aditya Birla Sun Life AMC share is down by 2% after promoters sale 2.01 Cr. shares.
- Veritas (India) share price rises as it receives as Rs. 155.85 Cr. order from Brihanmumbai Municipal Corporation (BMC).
- Lemon Tree Hotels share price rises after signing license agreement for hotel in Tripura.
- HG Infra Engineering is up by 3% after winning order of Rs. 1026 Cr.
- RPP Infra locked in 5% upper circuit after winning order of Rs. 94.13 Cr.
- TCS share is down by 2% after 2.2 Cr. shares change hands, likely Tata Sons.
- If the crude oil keeps rising, the OMCs i.e. IOC, BPCL, HPCL, etc. and paint manufacturers i.e. Akso Nobel, Berger Paints, Indigo Paints, Shalimar Paints etc. will drop.
- Pinnacle Investments sell 30 Lakh shares in DB Realty.
- India’s first cybersecurity IPO- Tac Security will open on 27th March, 24.
- Amber Enterprises surged 5.7% after CLSA “BUY” rating.
- Prestige Estates Projects share price rises by more than 5% on acquiring Rs. 62.5 acres in NCR.
- Bharat Dynamics share price is up by 2% after the board announced an interim dividend for FY23-24.
- HSBC sets lower target for Ultratech cement, Dalmia Bharat as cement prices crack this quarter.
- TCS signed a multi-million dollar deal to carry out the IT transformation of Ramboll.
Weekly Digest: 18 – 22 March 2024
1. Mahindra & Mahindra and Advani Total Gas are to set up EV Infrastructure.
2. Vintage Coffee and beverages Ltd. to boost capacity by 45% and production by 3X.
3. Tata Sons sells 0.65% stake via open market in TCS.
4. Jupiter Wagons acquires Bonatrans India.
5. First View Trading Pvt. Ltd. purchases 21,795 shares of Kilburn Engineering.
2. Vintage Coffee and beverages Ltd. to boost capacity by 45% and production by 3X.
3. Tata Sons sells 0.65% stake via open market in TCS.
4. Jupiter Wagons acquires Bonatrans India.
5. First View Trading Pvt. Ltd. purchases 21,795 shares of Kilburn Engineering.
