{"id":200,"date":"2024-04-27T15:10:56","date_gmt":"2024-04-27T09:40:56","guid":{"rendered":"https:\/\/easeinvest.in\/?p=200"},"modified":"2024-05-19T15:41:08","modified_gmt":"2024-05-19T10:11:08","slug":"weekly-news-digest","status":"publish","type":"post","link":"https:\/\/easeinvest.in\/index.php\/2024\/04\/27\/weekly-news-digest\/","title":{"rendered":"Weekly News Digest"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>Solara Active Pharma Sciences hits 52-week high.<\/li>\n\n\n\n<li>Patel Engineering launches QIP at Rs 59.50 per share.<\/li>\n\n\n\n<li>Quant Small Cap Fund picks up stake in Indraprastha Medical.<\/li>\n\n\n\n<li>Dr Lal Path Labs, Metropolis face competition from new-age diagnostic rivals.<\/li>\n\n\n\n<li>Persistent Systems shares drop 9% on Q4 miss.<\/li>\n\n\n\n<li>Mamaearth parent rallies 4% as Derma Co hits Rs 500-cr revenue.<\/li>\n\n\n\n<li>NTPC signs MoU with Indus Towers for green energy; share price falls.<\/li>\n\n\n\n<li>HDFC Bank&#8217;s Q4 report indicates preference for profitability over growth.<\/li>\n\n\n\n<li>Gujarat State Petronet shares plunge 20% after tariff cut.<\/li>\n\n\n\n<li>JSW Energy hits 52-week high after bagging 700-MW solar project.<\/li>\n\n\n\n<li>Sona BLW Precision stock drops despite new plant in Mexico, North America is key market.<\/li>\n\n\n\n<li>IREDA zooms 8% as Q4 profit rises 33%, net interest income increased.<\/li>\n\n\n\n<li>Ultratech Cement shares up 2% on acquisition of grinding unit in Maharashtra.<\/li>\n\n\n\n<li>Yes Bank shares gain on Rs 284.21-crore tax refund order, board meeting ahead.<\/li>\n\n\n\n<li>Wipro&#8217;s Q4 earnings beat estimates but weak guidance disappoints brokerages.<\/li>\n\n\n\n<li>Nippon Life AMC&#8217;s stock surges on strong growth in AUM.<\/li>\n\n\n\n<li>Analysts expect volatility to persist as higher US bond yields deter FIIs.<\/li>\n\n\n\n<li>Canara Bank sets record date for stock split; shares rise 32% in 2024.<\/li>\n\n\n\n<li>Motilal Oswal to issue bonus shares;<\/li>\n\n\n\n<li>Bajaj Auto&#8217;s Q4 earnings impress despite rich valuations.<\/li>\n\n\n\n<li>Adani Group releases Rs 26,500 crore pledged shares in FY24.<\/li>\n\n\n\n<li>Mahindra Lifespace sells Rs 350 crore homes in Bengaluru.<\/li>\n\n\n\n<li>ITC shares rise on ITC Infotech deal worth Rs 485 crore.<\/li>\n\n\n\n<li>CONCOR signs MoU with PSA Mesa Supply Chain.<\/li>\n\n\n\n<li>Infosys Q4 FY24: Disappointing quarter but attractive valuation.<\/li>\n\n\n\n<li>IndiGo maintains market share despite aircraft grounding.<\/li>\n\n\n\n<li>Bajaj Auto plans Egypt entry with &#8220;Qute&#8221; platform despite currency concerns.<\/li>\n\n\n\n<li>HDFC Life&#8217;s Q4 results beat Street; net profit rises 15%.<\/li>\n\n\n\n<li>Mastek surges 20% on bagging \u00a31.2-billion UK digital and IT services supply order.<\/li>\n\n\n\n<li>ICICI Lombard sees strong growth with improved profitability in FY24.<\/li>\n\n\n\n<li>MIT&#8217;s investment arm shows interest in Marksans Pharma, boosting small-cap&#8217;s potential.<\/li>\n\n\n\n<li>Nestle India faces steep intraday fall due to high sugar levels in Cerelac.<\/li>\n\n\n\n<li>Market rebounds; volatility eases, sectors trade positively except FMCG.<\/li>\n\n\n\n<li>Tata Communications stock rises 56% in one year, re-appoints CEO.<\/li>\n\n\n\n<li>Brigade Enterprises reports highest-ever quarterly pre-sales, stock surges.<\/li>\n\n\n\n<li>Angel One gains 7% on robust Q4 earnings, focus on distribution segment.<\/li>\n\n\n\n<li>Vodafone Idea&#8217;s Rs 18,000 Cr FPO opens, targets 4G expansion.<\/li>\n\n\n\n<li>Shilpa Medicare hits 52-week high on GMP Certification from Ages, Austria.<\/li>\n\n\n\n<li>Power Grid surges 4% on winning transmission system projects in Rajasthan, Gujarat.<\/li>\n\n\n\n<li>JSW Energy rallies 3% after subsidiary gets nod for recovery from TN discom.<\/li>\n\n\n\n<li>Sunteck Realty&#8217;s share price rises on strong Q4 pre-sales growth.<\/li>\n\n\n\n<li>Agri exports rise in March; fruits, vegetables, spices up, oilmeals down.<\/li>\n\n\n\n<li>Jubilant Pharmova hits 52-week high after US FDA classifies Roorkee facility as VAI.<\/li>\n\n\n\n<li>Paytm gains 2% on customer migration to PSP banks.<\/li>\n\n\n\n<li>Capital Small Finance Bank revisited for investment post-correction.<\/li>\n\n\n\n<li>Tesla&#8217;s entry into India boosts stocks like Sona BLW, Samvardhana Motherson, among others.<\/li>\n\n\n\n<li>Nuvama notes India&#8217;s potential as a green energy player, citing developments at Kandla port.<\/li>\n\n\n\n<li>US markets dropped due to slower economic growth and inflation concerns.<\/li>\n\n\n\n<li>Rising US yields raise worries for global equities, including Indian markets.<\/li>\n\n\n\n<li>State Bank of India saw gains, forming a bullish pattern.<\/li>\n\n\n\n<li>Fidelity Emerging Markets fund sold stake in Restaurant Brands Asia.<\/li>\n\n\n\n<li>Vodafone IPO faced chaos during pre-open session.<\/li>\n\n\n\n<li>Market rebounded from the day&#8217;s low, with PSU banks showing strength.<\/li>\n\n\n\n<li>PSU shipbuilders like Cochin Shipyard and Mazagon Dock gain up to 5% on strong Q4 expectations.<\/li>\n\n\n\n<li>Brigade Enterprises gains 2% after announcing a deal to bring InterContinental to Hyderabad.<\/li>\n\n\n\n<li>Divi&#8217;s Labs plans up to Rs 700 crore capacity addition after inking a long-term supply deal.<\/li>\n\n\n\n<li>MAS Financial Services jumps 7% on robust Q4 earnings, AUM crosses Rs 10,700 crore.<\/li>\n\n\n\n<li>Axis Bank emerges as the top Nifty gainer with impressive Q4 results.<\/li>\n\n\n\n<li>Indian Hotels Company poised to capitalize on industry upcycle, plans expansion.<\/li>\n\n\n\n<li>RITES shares gain on signing MoU for project management consultancy works.<\/li>\n\n\n\n<li>Bharat Forge jumps 5% after double upgrade from BofA Securities.<\/li>\n\n\n\n<li>Godrej Consumer stock rises as UBS raises target price by nearly 20%.<\/li>\n\n\n\n<li>Vodafone Idea stock jumps 25% over FPO price as new shares list on exchanges.<\/li>\n\n\n\n<li>RVNL declared lowest bidder for Rs 239 crore project, shares gain 2%.<\/li>\n\n\n\n<li>Syngene CEO projects high single-digit to low double-digit revenue growth for FY25.<\/li>\n\n\n\n<li>Geojit Financial Services reports on relaxed wheat procurement specifications due to erratic weather.<\/li>\n\n\n\n<li>Hindustan Unilever faces weak demand and competitive intensity, particularly awaiting rural market recovery.<\/li>\n\n\n\n<li>Rallis India&#8217;s new CEO faces challenges of subdued revenue growth and sagging profit margins.<\/li>\n\n\n\n<li>Tata Consumer&#8217;s premium valuation may limit upside despite growth prospects from premium products and merger synergies.<\/li>\n\n\n\n<li>Hindustan Unilever rebrands Horlicks as a &#8216;functional nutritional drink&#8217; after regulatory scrutiny.<\/li>\n\n\n\n<li>Kotak Mahindra Bank shares plummet 10% on RBI curbs, impacting growth projections.<\/li>\n\n\n\n<li>Canada Pension Investment Board sells a stake in Delhivery in bulk deals.<\/li>\n\n\n\n<li>NSE excludes Brightcom Group and Ujjivan Financial Services from several Nifty indices.<\/li>\n\n\n\n<li>Syngene International reports a 6% increase in net profit despite an 8% revenue decline.<\/li>\n\n\n\n<li>Bajaj Finance&#8217;s Q4 preview suggests strong AUM growth but margin dent due to cost of funds.<\/li>\n\n\n\n<li>United Breweries rockets 10% on solid Q4 revenue growth driven by volume and price mix.<\/li>\n\n\n\n<li>India VIX hits 5-month low on geopolitical calm<\/li>\n\n\n\n<li>Telecom stocks dip as Airtel denies talks on Vodafone UK&#8217;s Indus Towers stake<\/li>\n\n\n\n<li>JNK India confident on revenue, dismisses debt concerns.<\/li>\n\n\n\n<li>Remus Pharma surges 20% on bonus share declaration<\/li>\n\n\n\n<li>Zydus Life drops 4% after US FDA&#8217;s observations for Vadodara unit<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>1. Solara Active Pharma Sciences hits 52-week high. <\/p>\n<p>2. Patel Engineering launches QIP at Rs 59.50 per share. <\/p>\n<p>3. Quant Small Cap Fund picks up stake in Indraprastha Medical. <\/p>\n<p>4. Dr Lal Path Labs, Metropolis face competition from new-age diagnostic rivals. <\/p>\n<p>5. Persistent Systems shares drop 9% on Q4 miss. <\/p>\n","protected":false},"author":2,"featured_media":355,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10],"tags":[22,23],"class_list":["post-200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news","tag-stock-news"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/easeinvest.in\/index.php\/wp-json\/wp\/v2\/posts\/200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/easeinvest.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/easeinvest.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/easeinvest.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/easeinvest.in\/index.php\/wp-json\/wp\/v2\/comments?post=200"}],"version-history":[{"count":9,"href":"https:\/\/easeinvest.in\/index.php\/wp-json\/wp\/v2\/posts\/200\/revisions"}],"predecessor-version":[{"id":366,"href":"https:\/\/easeinvest.in\/index.php\/wp-json\/wp\/v2\/posts\/200\/revisions\/366"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/easeinvest.in\/index.php\/wp-json\/wp\/v2\/media\/355"}],"wp:attachment":[{"href":"https:\/\/easeinvest.in\/index.php\/wp-json\/wp\/v2\/media?parent=200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/easeinvest.in\/index.php\/wp-json\/wp\/v2\/categories?post=200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/easeinvest.in\/index.php\/wp-json\/wp\/v2\/tags?post=200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}