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*🇮🇳India Daybook – Stocks in News* *Sonata Software:* Company wins multi-million dollar modernization deal in Australia (Positive) *Gopal Snacks:* Company launched a new product in its wafers category. (Positive) *RCF:* Company received approval from the Ministry of Chemicals and Fertilizers to amend its Articles of Association. (Positive) *Ashoka Buildcon:* Company bags order worth Rs 192.69 cr from Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company (Positive) *Padam Cotton:* Company announced a 1:1 bonus share issue (Positive) *Biocon:* Biocon Biologics partners with Diabetes Africa & St. Paul's Hospital to improve diabetes care in Ethiopia. (Positive) *PCBL:* Andhra Pradesh government approves allotment of 116.62 acres of land in Naidupeta SEZ for the company (Positive) *Vedanta:* Moody's upgrades Vedanta Resources' corporate family rating to B2 (Positive) *Waaree Renewable:* Company gets order worth ₹1,233.5 crore for ground mount Solar PV project of 2012.47 MWp DC capacity (Positive) *HUDCO:* Company signs Memorandum of Understanding with *NBCC* for development of 10 acres of land parcel in Noida (Positive) *KEC International:* Company bags order worth ₹1,704 crore in transmission & distribution business from Power Grid Corp (Positive) *Indo Amines:* Company announces NCLT approval for the amalgamation of Pious Engineering Pvt Ltd (Positive) *Tulsyan NEC:* Company sold 3.5 acres of land in Bangalore for Rs 21.5 crore to FP Seating Pvt. Ltd. (Positive) *Godrej properties:* Company seeks to sell 5.5% equity (1.54 crore shares) of the company via QIP to raise up to ₹4,000 crore, sources to CNBC. (Neutral) *Bank of India:* Bank raises Rs 5,000 crore through long-term bonds issue (Neutral) *Max India:* Company appointed Ms. Trapti as Company Secretary & Compliance Officer, effective Nov 27, 2024. (Neutral) *JTEKT India:* Company received a Show Cause Notice from Haryana tax authorities demanding Rs 44.2 Cr in GST (Neutral) *LIC:* Company gets GST demand, interest & penalty order of ₹529.6 crore for FY19-20 (Neutral) *Bajaj Holdings:* Company acquired 0.1506% stake in Mphasis Ltd for Rs 66.43 Cr. (Neutral) *Dr. Reddy's:* Company received fine notices from German authorities for its subsidiaries' delayed beneficial owner registration. (Neutral) *Samrat Forgings:* Company received a show cause notice from GST authorities for Rs 11.44 Cr for FY20-21 (Neutral) *Dhampur Bio:* Company acquired 100% of Sonitron Bio Organics Pvt. Ltd. (Neutral) *ZF Commercial Vehicle:* ZF Group sold 4.3% stake in its Indian subsidiary, ZF Commercial Vehicle Control Systems India Ltd. (Neutral) *ICICI Bank:* Company received revised GST demand orders totaling INR 39.6Cr from Bihar (Rs 25 lakhs and Maharashtra’s 37.8 Cr. (Neutral) *Adani Green energy:* Adani Saur Urja incorporates wholly-owned arms AHE2L & AHE3L on November 27. (Neutral) *Jet Airways:* NCLT Appoints Satish Kumar Gupta as The Liquidator Of Jet Airways (India) (Neutral) *Axis Bank:* Clarifies on SEBI order restraining ACL from taking up any new assignments in capacity of merchant banker, arranger or underwriter. (Neutral)🌹

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*India Daybook ~ Stocks in News* *Lumax Auto:* Lumax Resources acquires 60% stake in Greenfuel Energy Solutions for ₹153 crore (Positive) *Renaissance Global:* CRISIL Ratings upgrades ‘long-term’ credit rating of company from 'BBB+' to 'A-’, outlook stable (Positive) *TCS:* Company secures an extension for processing pensions of 30 lakh defense personnel. (Positive) *Zaggle Prepaid:* Company signs referral partnership agreement with Mastercard. (Positive) *Sarveshwar Foods:* Company’s subsidiary secures 12,000 MT order for rice, eyes Rs 2000 million annual revenue (Positive) *A B Infrabuild:* Company secures new project for rebuilding of FOBs and skywalk between Goregaon to Borivali stations (Positive) *Agarwal Industrial Corp:* Company secured bitumen supply tenders from Bharat petroleum Rs 55 cr and Indian oil Rs 2.5 cr, totaling 18,000 MTS worth Rs 76.5 cr. (Positive) *RVNL:* Company emerged as L1 bidder for contract worth Rs 625 cr (Positive) *Infosys:* Company to distribute up to 85% variable pay bonus for Q2 FY25, Moneycontrol (Positive) *Wipro:* Company extends its work with Marelli for continued evolution of it infrastructure for another four years (Positive) *Vedanta:* Company to invest $2 billion in Saudi copper-processing facilities (Positive) *Dr. Reddy's Laboratories:* Company and Senores Pharmaceuticals, Inc. Announce the Launch of Ivermectin Tablets USP, 3 mg in US Market (Positive) *Kotak Bank:* CCI India approves Kotak Mahindra Bank’s proposal to buy Standard Chartered Bank India's unsecured personal loan book (Positive) *Siemens:* * Net Profit At ₹830.7 Cr Vs Poll Of ₹717 Cr, Revenue At ₹6,461 Cr Vs Poll Of ₹6,526.1 Cr (Positive) *UltraTech Cement:* Board approves raising funds up to ₹1,000 cr via NCDs. (Neutral) *Adani Ent:* April Moon Retail, a JV of Adani Airport Holdings acquires 74% stake of Cococart Ventures (Neutral) *Axis Bank:* Axis AMC & Axis Mutual Fund Trustee settles SEBI proceedings over TER violations with ₹16.57 lakh, without admitting guilt. (Neutral) *Patanjali:* LIC raises stake in Patanjali Foods from 4.986% to 5.020%. (Neutral) *GE Vernova:* Grid Equipments, one of the promoters of the company, will exercise green shoe option of the OFS, floor price at ₹1,550/sh. (Neutral) *Ola Electric:* Company launches Gig and S1 Z range of scooters in the price range of ₹39,999 – 64,999. (Neutral) *Petronet LNG:* Company informs of director changes. Shri Satish Kumar Vaduguri's resignation as Director is effective Nov 29, 2024. (Neutral) *Biocon:* Company’s credit rating reaffirmed at CRISIL AA+/Stable; A1+. (Neutral) *NTPC:* Company formed a JV with with MAHAGENCO. (Neutral) *Exide Industries:* Company invests Rs 100 crores in subsidiary Exide Energy Solutions. (Neutral) *HAL:* Company appointed Shri Ravi K as Director Operations. (Neutral) *PSP Projects:* Adani Infra will acquire 30% stake in Company, with a further open offer for 26%, leading to equal equity. (Neutral) *Dabur:* Company gets revised ₹320.6 crore GST demand; penalty dropped (Neutral) *Sun Pharma:* Subsidiary received a regulatory order resulting in fines totaling INR 72.5 Cr (Neutral) *M&M:* Company launches BE 6E & XEV 9E electric SUVs (Neutral) *Aster DM:* Company has entered into an agreement to acquire the balance stake in Aster Adhaar Hospital (Prerana Hospital Limited) in Kolhapur (Neutral) *Adani Power:* Andhra Pradesh likely to suspend Adani Power deal. (Negative) *Fusion Micro:* ICRA downgraded Fusion Finance's credit rating for Non-convertible debentures (Negative)

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*🇮🇳India Daybook – Stocks in News* *Tata Power:* Company partners with Asian Development Bank for $ 4.25 Billion Clean Energy Projects. (Positive) *AVP Infracon Ltd:* Company secured a Rs 33.19 Cr sub-contract from CDR & Co Constructions for an NHAI project in Tamil Nadu. (Positive) *Innovators Systems:* Receipt of LOI for Work Order for Facade Design, Fabrication and Installation, Order Size Rs 110 Crores (Positive) *Jyoti Limited:* Receipt of Purchase Order Total orders amounting to Rs.12.8 cr from Megha Engineering & Infrastructures Limited, Hyderabad. (Positive) *Crompton Greaves Consumer:* Company launched the Regera 6L water heater (Positive) *Kotyark Industries:* Company has been allocated tender for supply of 48,381 kl biodiesel to omcs worth Rs 5.64 billion. (Positive) *Royal Sense:* Company launched 6 new pharmaceutical products on Nov 21, 2024 (Positive) *Popular Vehicles:* Company opened a new Bharat Benz 3S facility in Chhatrapati Sambhaji Nagar, Maharashtra. (Positive) *Afcons Infrastructure:* Company has received Letter of acceptance from Uttarakhand Project Development and Construction Corporation Ltd for Civil Works worth of Rs 1274 crore (Positive) *SJVN:* Company signs MoU with Rajasthan Govt’s Energy Department for development of renewable energy in the state. (Positive) *Medicamen Organics:* Company secures 6.28 cr order for Povidone Iodine Solution. (Positive) *Raymond:* The stock exchanges BSE and NSE have given the green light to the proposed demerger of Raymond Limited and Raymond Realty Limited. (Positive) *Insurance stocks:* GST Council meeting in December likely to discuss rate cut on insurance premiums, ET sources. (Positive) *Ashok Leyland:* Company sets up a light commercial vehicle dealership in West Bengal. (Positive) *LTI Mindtree:* LIC increased its shareholding from 5.033% to 7.034% (Neutral) *Bank of India:* Smt. Jamuna Ravi elected as Bank of India director. (Neutral) *DP Abhushani:* Company opened a new showroom in Neemuch, MP, expanding its presence in Central India. (Neutral) *Hyundai Motor:* Company will invest INR 38 Cr in two renewable energy plants, 75 MW solar, 43 MW wind in Tamil Nadu, aiming for RE100 certification by 2025. (Neutral) *Jio, Airtel, Vodafone Idea:* Companies together lose over 10 million mobile subscribers in September (Neutral) *HDFC Bank:* Plans to issue car loans worth Rs 12,372 crore to mutual funds before the first week of December. (Neutral) *Indusind:* Government gives go-ahead to IndusInd International Holdings for the acquisition of Reliance Capital. (Neutral) *Wipro:* Record date for the purpose of Bonus is 03-Dec-2024. (Neutral) *Protean eGov Technologies:* NSE investments to sell up to 20.31% stake in Protean eGov Technologies via OFS, it includes base issue of 10.16% equity & has a green shoe option of 10.16% equity. (Negative) *Adani Energy:* Kenya cancels the $700 mn deal signed with a unit of the Adani Group to construct power transmission lines. (Negative)🌹

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*News Headlines from Business News Agencies :* *Business Standard :* 📝 India, Australia firm up clean energy partnership; pushing mega trade pact 📝 Asia's jet fuel imports from India to hit multi-yr high in Nov, shows data 📝 Axis Bank, Bank of India eyeing to raise funds through AT-I bonds 📝 Tripura govt signs MoA with Tata Technologies for upgradation of 19 ITIs 📝 Adani Energy Solutions to acquire 100% stake in Pune- III Transmission 📝 Coal import by NRS, domestic thermal power plants drops 9.8% in H1FY25 📝 ReNew Energy's Q2 net profit rises 31% to Rs 440 crore on higher income 📝 OfBusiness hires Axis, JPMorgan, Citi among other banks for 2025 Indian IPO 📝 CIEL HR Services files draft IPO with Sebi, aims for Rs 335 cr via issue 📝 Parle Agro FY24 revenue down 12% to Rs 3,126 crore, profit slides 89% *Economic Times :* 📝 Datta Power Infra signs MoU to invest Rs 5,000 cr in RE sector in Rajasthan 📝 Tropical Agrosystem to build new unit in Kharagpur, eyes expansion in Gujarat 📝 LG Saxena approves promotion of 295 CMOs in Delhi government hospitals 📝 Karnataka aims to attract $ 3 billion in space tech, aims half of country's marketshare 📝 Vedanta Aluminium signs pact with GAIL for supply of natural gas 📝 Equity investments in real estate sector to hit a new record surpassing USD 10 billion 📝 SECI signs MoU with H2Global Stiftung to promote green hydrogen initiatives 📝 Hope slowdown in urban discretionary demand is a blip, not structural: Sula Vineyards CEO 📝 Qcomm logistics enabler Blitz raises Rs 51 crore from IvyCap Ventures, others 📝 Paper and paperboard imports rise by 3.5 pc in April-September FY25 📝 Higher energy bills push UK inflation to 6-month high in October *Mint :* 📝 India’s GDP growth likely moderated to 6.5% in Q2, says Icra 📝 India's services exports to surpass goods exports by FY30, says GTRI report 📝 Doodhvale Farms Raises $3M in Atomic Capital-Led Round to redefine India's 📝 UPL announces rights issue to raise ₹3,378 crore 📝 Honda Cars India announces big discounts on Amaze, City, and Elevate 📝 Nokia wins 5G extension deal from Bharti Airtel for its India operations 📝 Raheja Developers moves NCLAT against insolvency 📝 India's steel industry to grow at 8%; capacity to rise by 20 million tons by FY2027: reportp 📝 Relief for Airtel, Vodafone, Tata Tele as SC grants tax credit on infra item 📝 Department of Commerce welcomes resumption of FTA talks between India, UK 📝 Booking Holdings outpaces rivals with strong growth in alternative accommodation

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*🇮🇳India Daybook – Stocks in News* *MOIL:* October Production of 1.47 lakh tones of Manganese Ore, up 32% (YoY) (Positive) *Brigade:* Company signs JDA to develop 1 million square feet residential apartments in west Chennai, project to have a GDV of about Rs 8 billion (Positive) *Tara Chand Infralogistic:* Company has been awarded new piling works contract by JK Cement, contract is worth Rs 105 million. (Positive) *Oil India:* Company wins critical mineral block in Arunachal Pradesh, Company selected as preferred bidder for PHOP graphite, vanadium block in Arunachal Pradesh. (Positive) *ZF Steering:* Company has started commercial production at its facility in Kolhapur. (Positive) *Karur Bank:* Company announced the opening of 6 new branches in Andhra Pradesh, Tamil Nadu and Karnataka (Positive) *Mahindra:* Company raises tractor industry guidance in FY25 to 6-7% from 5% earlier. Implying 2HFY25 growth of 13-14%. (Positive) *Vedanta:* Declaration of Preferred Bidder of Critical Mineral Blocks under Critical Mineral Auctions Tranche IV Conducted By the Ministry of Mines, Government of India. (Positive) *Inox India:* Company has secured Landmark Contract from Highview Power, UK for World''s Largest LAES Project at Manchester for supply of 5X 690kl vertical tanks for the projects. (Positive) *Borosil Renewables:* Anti-dumping duty proposed on Solar Glass (Positive) *ITI:* Company led Consortium Emerges as L1 for RS 3022 Crore BharatNet Projects for Middle Mile Network (Positive) *Emcure Pharma:* Net profit at Rs 190 cr vs Rs 140 cr, Revenue at Rs 2002 cr vs Rs 1663 cr (YoY) (Positive) *Emami:* Net profit at Rs 212.7 cr vs Rs 178.5 cr, Revenue at Rs 890.6 cr vs Rs 865 cr (YoY) (Positive) *Vardhman Special:* Net profit at Rs 25.8 cr vs Rs 18.5 cr, Revenue at Rs 494.8 cr vs Rs 415.2 cr (YoY) (Positive) *NCC:* Net profit at Rs 174.8 cr vs Rs 86.5 cr, Revenue at Rs 5196 cr vs Rs 4719.6 cr (YoY) (Positive) *Indian Hotels:* Net profit at Rs 554.6 cr vs Rs 166.9 cr, Revenue at Rs 1826 cr vs Rs 1433 cr (YoY) (Positive) *Indian Metal & Ferro Alloys:* Net profit at Rs 125 cr vs Rs 89.2 cr, Revenue at Rs 690 cr vs Rs 690 cr (YoY) (Positive) *AGI Greenpac:* Net profit at Rs 72.08 cr vs Rs 56.14 cr, Revenue at Rs 600 cr vs Rs 615 cr (YoY) (Positive) *Kennametal India:* Net profit at Rs 25.0 cr vs Rs 17.1 cr, Revenue at Rs 270 cr vs Rs 260 cr (YoY) (Positive) *NRB Bearing:* Net profit at Rs 45.8 cr vs Rs 24.3 cr, Revenue at Rs 301.5 cr vs Rs 278.9 cr (YoY) (Positive) *Shree Rama:* Net profit at Rs 5.3 cr vs Rs 2.6 cr, Revenue at Rs 52.5 cr vs Rs 43.6 cr (YoY) (Positive) *Allcargo Gati:* Net profit at Rs 0.3 cr vs loss Rs 1.9 cr, Revenue at Rs 426 cr vs Rs 440 cr (YoY) (Positive) *Lupin:* Net profit at Rs 850.0 cr vs Rs 490 cr, Revenue at Rs 5670 cr vs Rs 5040 cr (YoY) (Positive) *Insolation Energy:* Net profit at Rs 61.27 cr vs Rs 15.0 cr, Revenue at Rs 610 cr vs Rs 278 cr (YoY) (Positive) *Yatharth Hospital:* Net profit at Rs 30.9 cr vs Rs 27.6 cr, Revenue at Rs 218 cr vs Rs 170 cr (YoY) (Positive) *India Glycol:* Net profit at Rs 49 cr vs Rs 38 cr, Revenue at Rs 2144 cr vs Rs 1870 cr (YoY) (Positive) *Happy Forging:* Net profit at Rs 71.4 cr vs Rs 55.3 cr, Revenue at Rs 361 cr vs Rs 343 cr (YoY) (Positive) *Shaym Metalics:* Net profit at Rs 216 cr vs adjusted profit Rs 154 cr, Revenue at Rs 3614 cr vs Rs 2941 cr (YoY) (Positive) *Innova Captab:* Net profit at Rs 35.0 cr vs Rs 22.9 cr, Revenue at Rs 318 cr vs Rs 282 cr (YoY) (Positive) *Constronics Infra:* Net profit at Rs 1.22 cr vs Rs 0.07 cr, Revenue at Rs 13.8 cr vs Rs 0.65 cr (YoY) (Positive) *Vipul Ltd:* Net profit at Rs 1.14 cr vs Net loss of Rs 1.71 cr, Revenue at Rs 15.7 cr vs Rs 7.5 cr (YoY) (Positive) *Cummins:* Net Profit at Rs 450.6 Cr vs poll of Rs 402.76 Cr, Revenue at Rs 2,492.3 Cr Vs poll of Rs 2,205.3 Cr (Positive) *VaTech Wabag:* Net profit at Rs 70.6 cr vs Rs 60.2 cr, Revenue at Rs 700 cr vs Rs 665 cr (YoY) (Neutral) *Astral:* Net profit at Rs 108 cr vs Rs 131 cr, Revenue at Rs 1370 cr vs Rs 1363 cr (YoY) (Neutral)

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