Stocks in the news today :
👉Dixon tech:
Subsidiary Padget electronics Entered into an MOU with HP India
to manufacture notebooks, desktops and PCs for HP India
👉IRB infra :
Strong August toll collections rise 20% YoY at 503cr
👉GMR airport :
to increase stake in Delhi airport
GMR Airports will pay $126 million to acquire Fraport’s stake to increase its shareholding to 74%
👉Gopal Snacks, Bikaji:
GST on Namkeen cut to 12% from 18%
👉Cancer care drugs get cheaper: GST on life-saving drugs reduced from 12% to 5%
Zydus life, alkem, Biocon, abbott in focus
👉Ather Energy files DRHP with Sebi for IPO; seeks to raise ₹3,100 crore via fresh issue
alert: Hero moto has 37.2% stake in Ather energy
👉CLSA on life insurance sector
Growth moderates in August 2024
life insurance APE growth at 11% YoY
SBI life reported 2% YoY decline in total APE in august
While HDFC life saw 8% YoY APE growth.
👉Dixon tech:
Subsidiary Padget electronics Entered into an MOU with HP India
to manufacture notebooks, desktops and PCs for HP India
👉IRB infra :
Strong August toll collections rise 20% YoY at 503cr
👉GMR airport :
to increase stake in Delhi airport
GMR Airports will pay $126 million to acquire Fraport’s stake to increase its shareholding to 74%
👉Gopal Snacks, Bikaji:
GST on Namkeen cut to 12% from 18%
👉Cancer care drugs get cheaper: GST on life-saving drugs reduced from 12% to 5%
Zydus life, alkem, Biocon, abbott in focus
👉Ather Energy files DRHP with Sebi for IPO; seeks to raise ₹3,100 crore via fresh issue
alert: Hero moto has 37.2% stake in Ather energy
👉CLSA on life insurance sector
Growth moderates in August 2024
life insurance APE growth at 11% YoY
SBI life reported 2% YoY decline in total APE in august
While HDFC life saw 8% YoY APE growth.