🇮🇳 *India Daybook*
🔹 *Stocks in News*
*Cholamandalam Investment:* Disbursements for Q4FY22 stood approximately at Rs 12,718 crore, a growth of 58 percent (Positive)
*Infosys:* Company and Rolls-Royce extended strategic collaboration with the launch of joint 'Aerospace Engineering and Digital Innovation Centre in Bengaluru (Positive)
*Hester Biosciences:* The board has approved the execution of Grantin-Aid Letter Agreement for a grant of Rs 60 crore (in a phased manner) to the company (Positive)
*Sobha:* The company achieved a total sales volume of 1.34 million square feet of super built-up area and the highest ever realisation of Rs 1,109.6 crore for the quarter (Positive)
*NTPC* to Team Up with Indian State to Build 2.5 GW Solar Park (Positive)
*Jindal Stainless:* 4Q Sales Volume Up 6% Y/y at 269,168mt. (Positive)
*Lupin:* Introduces Merzee Capsules in the United States. (Positive)
Steel Mint: *Steel companies* have hiked prices of HRC by Rs 4000-5000 per tonne. (Positive)
*Uflex:* CRISIL has upgraded long-term credit rating on the company's loan facilities to AA- from A+. (Positive)
*Rail Vikas Nigam:* The company has signed a contract with ICF, for manufacture and acquisition of 296 numbers of communication based train control system (Positive)
*Sterling and Wilson:* The company posted a loss of Rs 126.61 crore versus loss of Rs 344.8 per share. (Positive)
*Sonata Software:* The board has approved the appointment of Samir Dhir as CEO of the company with effect from April 8, 2022. (Neutral)
*Punjab & Sind Bank:* The bank has executed an agreement for sale of its 8 percent stake in India SME Asset Reconstruction Company. (Neutral)
*JSW lspat:* The crude steel production in Q4FY22 at 0.17 million tonnes increased by 11 percent, from 0.15 million tonnes in same period last year (Neutral)
*Adani Ent/Green/Trans:* Board meets On Fund Raising Via Rights / Preferential Allotment / QIP (Neutral)
*IB Real:* Launch QIP with Floor Price At Rs 106.38/Share (Neutral)
*RBL Bank:* Integrated Core Strategies Asia Pte Ltd offloaded 34,30,700 equity shares in the company (Negative)
*Uma Exports:* Tradedeal Financial Services has sold 2,84,121 equity shares in the company via open market transactions (Negative)
*Aster DM:* Indium IV (Mauritius) Holdings sold 33,79,797 equity shares in the company on the NSE. (Negative)
🔹 *Stocks in News*
*Cholamandalam Investment:* Disbursements for Q4FY22 stood approximately at Rs 12,718 crore, a growth of 58 percent (Positive)
*Infosys:* Company and Rolls-Royce extended strategic collaboration with the launch of joint 'Aerospace Engineering and Digital Innovation Centre in Bengaluru (Positive)
*Hester Biosciences:* The board has approved the execution of Grantin-Aid Letter Agreement for a grant of Rs 60 crore (in a phased manner) to the company (Positive)
*Sobha:* The company achieved a total sales volume of 1.34 million square feet of super built-up area and the highest ever realisation of Rs 1,109.6 crore for the quarter (Positive)
*NTPC* to Team Up with Indian State to Build 2.5 GW Solar Park (Positive)
*Jindal Stainless:* 4Q Sales Volume Up 6% Y/y at 269,168mt. (Positive)
*Lupin:* Introduces Merzee Capsules in the United States. (Positive)
Steel Mint: *Steel companies* have hiked prices of HRC by Rs 4000-5000 per tonne. (Positive)
*Uflex:* CRISIL has upgraded long-term credit rating on the company's loan facilities to AA- from A+. (Positive)
*Rail Vikas Nigam:* The company has signed a contract with ICF, for manufacture and acquisition of 296 numbers of communication based train control system (Positive)
*Sterling and Wilson:* The company posted a loss of Rs 126.61 crore versus loss of Rs 344.8 per share. (Positive)
*Sonata Software:* The board has approved the appointment of Samir Dhir as CEO of the company with effect from April 8, 2022. (Neutral)
*Punjab & Sind Bank:* The bank has executed an agreement for sale of its 8 percent stake in India SME Asset Reconstruction Company. (Neutral)
*JSW lspat:* The crude steel production in Q4FY22 at 0.17 million tonnes increased by 11 percent, from 0.15 million tonnes in same period last year (Neutral)
*Adani Ent/Green/Trans:* Board meets On Fund Raising Via Rights / Preferential Allotment / QIP (Neutral)
*IB Real:* Launch QIP with Floor Price At Rs 106.38/Share (Neutral)
*RBL Bank:* Integrated Core Strategies Asia Pte Ltd offloaded 34,30,700 equity shares in the company (Negative)
*Uma Exports:* Tradedeal Financial Services has sold 2,84,121 equity shares in the company via open market transactions (Negative)
*Aster DM:* Indium IV (Mauritius) Holdings sold 33,79,797 equity shares in the company on the NSE. (Negative)