Stock to Watch Today - Rupeedesk Reports - 08.10.2024
Stock to Watch Today - Rupeedesk Reports
Stock to Watch Today - Rupeedesk Reports
Buzzing Stocks : Tata Motors, Nykaa, Zodiac Energy, BEL, Eraaya Lifespaces, Hi-Tech Pipes in focus on Tuesday.
Tata Motors : Jaguar Land Rover, a subsidiary of the company, recorded retail sales of 1.03 lakh units for the quarter ended September 2024, down 3% compared to the same period a year ago. Production during the period declined by 7% YoY to 86,000 units, due to disruptions in the aluminium supply chain in Q1FY25. Wholesales were down 10% YoY to 87,303 units. JLR expects production and wholesale volumes to recover strongly in the second half of the year.
Hi-Tech Pipes : The company opened its Qualified Institutional Placement (QIP) on October 7. The floor price has been set at Rs 194.98 per share.
Eraaya Lifespaces : Its subsidiary, Ebix Cash, has secured a contract for providing network integration services to Punjab National Bank. The contract, valued at Rs 138.75 crore, has been awarded for a three-year period.
Swelect Energy Systems : Its subsidiary, SWELECT Clean Energy, has commissioned an additional 7 MW solar power plant at Pudukottai, Tamil Nadu.
Puravankara : The Puravankara Group entity has entered into a sale deed for the acquisition of a 3-acre, 4-gunta land parcel in North Bangalore to develop a residential project.
HDFC Bank : The Board has approved the sale of a 100% stake in HDFC Education and Development Services to Vama Sundari Investments (Delhi) for Rs 192 crore. Vama Sundari Investments is a related party of HDFC Asset Management Company, a subsidiary of HDFC Bank.
IRCON International : Apex Buildsys has initiated a Rs 38.7 crore claim against IRCON. The claim is being adjudicated by an Arbitral Tribunal. Apex Buildsys is a contractor for IRCON, and the potential financial implications will depend on the final adjudication of the disputes or claims.
HEG : The company has invested Rs 248.62 crore to acquire an 8.23% stake in GrafTech International, a NYSE-listed manufacturer of graphite electrodes, through secondary market transactions.
Cholamandalam Investment and Finance : Ravindra Kumar Kundu has assumed office as Managing Director of the company, effective October 7, 2024.
Lemon Tree Hotels : The company has signed a License Agreement for a 54-room hotel property in Udaipur, Rajasthan. The property will be managed by the company’s subsidiary, Carnation Hotels, and is expected to open in FY27.
Exicom Tele Systems : The board has appointed Pooja Duggal as Chief Human Resources Officer of the company, effective October 7, 2024. Preeti Dhall Pal has resigned as Vice President, Human Resources, due to personal reasons.
Zodiac Energy : The company has received an order worth Rs 154.27 crore from the Ahmedabad Municipal Corporation. The order involves the design, supply, installation, testing, and commissioning of a 30MW ground-mounted solar project in Gujarat, including erection, operation, and maintenance for five years.
Bharat Electronics : The company has received additional orders worth over Rs 500 crore since September 11. With these new orders, BEL has now accumulated total orders amounting to Rs 7,689 crore in the current financial year.
Heubach Colorants India : Quant Mutual Fund has acquired an additional 1.1% stake in the company at an average price of Rs 636.56 per share. The fund house held a 2.76% stake in the company as of June 2024.
Kamdhenu Ventures : Minerva Ventures Fund has bought an additional 0.8% stake in the company at an average price of Rs 25.84 per share.
F&O Ban : IDFC First Bank, Punjab National Bank, Bandhan Bank, Birlasoft, GNFC, Granules India, Hindustan Copper, Manappuram Finance, RBL Bank.
Online Stock Market Traning : Whatsapp : 9841986753
One to One Share Market Training : Whatsapp : 9841986753
RUPEEDESK SHARES
We(rupeedesk.in) are SEBI Registered leading Indian Stock Market Trading Tips Providers for Equity,Commodity and currency market traded in NSE, BSE, MCX, , NCDEX And MCXSX.USDINR,EURINR,GBPINR,JPYINR,Dollar,Euro,Pound,Yen currencies.Indian Currency futures and Options Trading Tips. . Free Currency Tips|Stock and Nifty Options Tips| Commodity Tips |Intraday Tips Register Here : 91-9094047040 |91-9841986753
*Data Source : Govt, Nse ,Bse, Private News Channels and Websites Etc
