- 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.
