Stock to Watch Today - Rupeedesk Share Market Training Chennai - 11.04.2025
Stock to Watch Today - Rupeedesk Share Market Training Chennai
Stock to Watch Today - Rupeedesk Share Market Training Chennai
Buzzing Stocks : TCS, Biocon, GAIL, Greaves Cotton, Sun Pharma, Dishman Carbogen Amcis, Coromandel International in focus on 11 April.
Bharti Hexacom : Telecommunications Consultants India (TCIL), a significant shareholder of Bharti Hexacom, has requested the company to initiate a fresh process for the sale of its infrastructure business to Indus Towers. Accordingly, in order to uphold the highest standards of corporate governance and transparency, the company has agreed to put the current proposal in abeyance and undertake a fresh exercise in consultation with TCIL.
Infosys : The digital services and consulting company has extended its strategic collaboration with AIB, a financial services group operating predominantly in the Republic of Ireland and the UK. The collaboration aims to deliver application development and maintenance services, agile practices, and AI-powered tooling.
Punjab National Bank : The company's subsidiary, CuraTeQ Biologics, has successfully completed the Phase 1 pharmacokinetic (PK) and pharmacodynamic (PD) study of the denosumab biosimilar BP16. Denosumab works by specifically targeting the RANK ligand (RANKL), a critical protein in the lifecycle of osteoclasts—cells that break down bone.
Bharat Heavy Electricals (BHEL) : BHEL has signed a Memorandum of Understanding (MoU) with the Italian company Nuovo Pignone International S.r.l. to address compressor revamp opportunities in India’s fertilizer sector, with an equal business share of 50 percent in financial terms.
Coromandel International : The agri-solutions provider has further strengthened its longstanding partnership with Saudi mining company Ma’aden—one of the world’s largest producers of phosphate fertilizers—by signing a Memorandum of Understanding (MoU). This strategic partnership will help Coromandel ensure timely availability of Di-Ammonium Phosphate (DAP) and NP/NPK fertilizers to the Indian farming community.
Bank of India : The PSU bank has reduced its Repo-Based Lending Rate (RBLR) by 25 basis points to 8.85 percent, down from 9.1 percent earlier, effective April 9, following the RBI’s reduction of the repo rate by 25 basis points to 6 percent.
Tata Steel : Tata Steel Nederland has announced a major transformation programme and has filed a Request for Advice with the Central Works Council to commence consultations on specific aspects of the programme. This reorganisation is expected to result in the loss of approximately 1,600 management and support function roles. Changes are also being made to the company's local management board. A comprehensive consultation process will be conducted in the coming weeks.
Sanofi India : Rodolfo Hrosz has decided to step down as Managing Director of the company, effective April 30. He will transition to another role within the Sanofi group. The Board has appointed him as an Additional Non-Executive Director of the company, effective May 1.
Greaves Cotton : The engineering company has announced a partnership with Chara Technologies to revolutionise the electric mobility landscape by leveraging Chara’s rare-earth-free motor technology. Greaves will manufacture synchronous reluctance motors and controllers exclusively at its Shendra, Aurangabad facility, catering to both automotive and non-automotive applications.
Punjab National Bank (PNB) : The bank has revised its Repo Linked Lending Rate (RLLR) from 9.10% (including a BSP of 20 bps) to 8.85% (including a BSP of 20 bps), effective April 10. There is no change in the existing MCLR and base rate.
Axiscades Technologies : The Board has approved the appointment of K P Mohanakrishnan as Deputy Chief Executive Officer and the designation of Muralikrishnan as Chief Operating Officer of the group, both effective April 9.
GAIL (India) : The company has completed laying over 97.6% of the integrated Jagdishpur–Haldia–Bokaro–Dhamra Pipeline (JHBDPL), also known as 'Pradhan Mantri Urja Ganga'. Of this, nearly 96.6% has been put under commercial operation. The pipeline is currently transporting 12.26 million standard cubic meters per day (MMSCMD) of natural gas to eastern and northeastern India.
Sun Pharmaceutical Industries : The US Court of Appeals for the Federal Circuit has ruled in favour of the company and vacated the preliminary injunction on the launch of LEQSELVI (deuruxolitinib) in the United States, effective immediately. While litigation with Incyte Corporation continues, the preliminary injunction is no longer in effect. Sun Pharma will disclose LEQSELVI launch plans in due course.
Biocon : The company’s subsidiary, Biocon Biologics, announced that the US Food and Drug Administration (US FDA) has approved Jobevne, a biosimilar to the reference product Avastin (bevacizumab). JOBEVNE is a recombinant humanized monoclonal antibody used to treat various types of cancer.
JSW Energy : The company’s subsidiary, JSW Neo Energy, has completed the acquisition of O2 entities from sellers (O2 Power Pooling Pte, O2 Power SG Pte, and certain individuals). The O2 entities, including O2 Power Midco Holdings Pte and O2 Energy SG Pte, have a consolidated operational and under-construction/development renewable energy portfolio of 4.7 GW.
Eternal (Zomato) : Zomato Netherlands BV, a step-down subsidiary of Eternal in the Netherlands, has initiated the process of liquidation effective April 9. Zomato Netherlands is not a material subsidiary, and its dissolution will not affect the company’s turnover or revenue.
Dishman Carbogen Amcis : The company’s wholly owned subsidiary, Carbogen Amcis (Shanghai) Co., has received a drug manufacturing license from the National Medical Product Administration (NMPA) for its Shanghai facility in China.
Federal Bank : Virat Sunil Diwanji has been appointed as National Head – Consumer Banking and designated as a senior management personnel of the bank, effective April 10.
NBCC (India) : The company has successfully sold 1,185 residential units at Aspire Dream Valley, Phase III, Greater Noida (West), UP through an e-auction, achieving a total sale value of Rs 1,504.69 crore. NBCC will earn a marketing fee at 1% of the sale value.
Bajaj Healthcare : The Board has approved the appointment of Rohan Parekh as Chief Financial Officer of the company, effective April 16.
SRF : The company has commissioned and capitalised a new facility for producing an agrochemical intermediate at Dahej, Gujarat, at a cost of Rs 235 crore.
Samvardhana Motherson International : Through its subsidiary SMRP BV, the company has proactively initiated a series of transformative measures in Central and Western Europe. These measures will be implemented in phases, targeting cost optimization of approximately 50 million euro per annum once fully executed over the next three years.
IIFL Finance : The company’s non-convertible debentures (NCDs) issue has been oversubscribed 4.75 times as of April 9. Due to this oversubscription, the issue will close on April 11, ahead of its original proposed closing date of April 23, 2025. The issue was offered on a first-come-first-served basis with an option for early closure.
Nippon Life India Asset Management : The company reported a cyberattack incident on its IT infrastructure late on April 9. Necessary steps have been taken to investigate and respond, including shutting down affected systems. The company is working with leading cybersecurity experts to assess the extent of the issue and take remedial actions.
ATC Energies System : Nova Global Opportunities Fund PCC – Touchstone sold 2.32 lakh shares in the company at an average price of Rs 80.96 per share.
Northern Arc Capital : Ace investor Ashish Dhawan acquired 35 lakh shares (2.17% stake) in the company at an average price of Rs 173.90 per share from 360 ONE Special Opportunities Fund – Series 3 & 2, and Dvara Trust.
Online Stock Market Traning : Whatsapp : 9841986753
One to One Share Market Training : Whatsapp : 9841986753
RUPEEDESK SHARES
Rupeedesk Shares| Share Market Training | Intraday Training | Wealth creation
Stock Market Training for beginners,Technical Analysis on Equity,Commodity,Forex Market,Learn Indian Equity Share Market Share Market Trading Basics: Fundamentals Of Share Market Trading training, Stock Market Basics - Share Market Trading Basics,Share Market Trading Questions/Answers/Faq about Share Market derivatives,rupeedesk,learn and earn share Equity,Commodity and currency market traded in NSE,MCX,NCDEX And MCXSX- Rupeedesk.Contact: 9094047040/9841986753/ 044-24333577, www.rupeedesk.in)
