❁Stocks❁ ❁Result❁& BREAKING News

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❁Stocks❁ ❁Result❁& BREAKING News

21 Dec, 19:00

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❁Stocks❁ ❁Result❁& BREAKING News

21 Dec, 15:07

ALEMBIC PHARMA Pharmaceuticals receives USFDA Final Approval for Divalproex Sodium Delayed-Release Capsules USP, 125 mg.

Divalproex Sodium Delayed-Release Capsules USP, 125 mg have an estimated market size of US$ 61.1 million for twelve months ending September 2024 according to IQVIA

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❁Stocks❁ ❁Result❁& BREAKING News

21 Dec, 10:15

CLSA ON AUTO SECTOR

Bajaj Auto gained market share in e- 2Ws led by affordable Chetak launch

E-2W sales picking up after subsidyo cuts, led by affordable model launches

Adoption rates rising in states with lower adoption and in rural markets

New cheaper model launches drive share for OEMs

New launches should drive growth and adoption for e-2Ws

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❁Stocks❁ ❁Result❁& BREAKING News

21 Dec, 06:56

STOVEKRAFT Limited has been chosen by IKEA (Global Retail Chain) as supply partner.

As part of this partnership, the Company will develop a range of cookware to be sold through IKEA’s global network of stores from 2026.

The manufacturing facility for this partnership is being housed in a built up area of 180,000 sq ft at its Harohalli campus.

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❁Stocks❁ ❁Result❁& BREAKING News

21 Dec, 06:18

HYUNDAI MOTORS has signed a Binding Term Sheet with Exide Energy Solutions Limited (unlisted wholly owned subsidiary of Exide Industries Limited (“EESL”) for the production and supply of battery cells for Company’s electric vehicles dedicated to the Indian market

The Company is expected to buy battery cells for Company’s electric vehicle at a price to be determined as per the procedure prescribed in the Term Sheet and thereafter the Definitive Agreements.

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❁Stocks❁ ❁Result❁& BREAKING News

21 Dec, 05:36

JEFFERIES ON AUTO SECTOR

EV penetration in 2Ws has stagnated in 4-7% range for last two years

This is despite launch of lower-priced vehicles by OEMs

Indicates that attractive cost of ownership alone is insufficient for widespread adoption

Build-up of consumer confidence in product reliability, longevity and resale value is key

Ola is losing market share in E2Ws, slipping to #3 in Dec (MTD); Bajaj is leading, followed by TVS

M&M, followed by TVS Motor and Eicher are preferred picks in auto sector

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❁Stocks❁ ❁Result❁& BREAKING News

21 Dec, 04:48

Cosmo First: The company launched its innovative paint protection films, designed to preserve and enhance automotive exteriors. It will now begin market trials for the product.

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❁Stocks❁ ❁Result❁& BREAKING News

21 Dec, 04:07

KPI Green Energy: The company has set Jan. 3 as the record date for determining eligibility of shareholders for bonus issue of shares. It has also signed an MoU with Rajasthan for development of renewable projects at Jaisalmer.

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❁Stocks❁ ❁Result❁& BREAKING News

20 Dec, 19:21

SURAKSHA DIAGNOSTIC Q2 Result

NET PROFIT UP 23 % AT 10.34 CR (YOY), UP 30% (QOQ)

REVENUE UP 11 % AT 66.75 CR (YOY) ,UP 10 % (QOQ)

EBITDA UP 11 % AT 13 CR (YOY),UP 23.19 %(QOQ)

MARGINS AT 34.72 % V 34.67% (YOY), 33.9 % (QOQ)

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❁Stocks❁ ❁Result❁& BREAKING News

20 Dec, 18:58

GENERIC CONSTRUCTION Q2 Result

NET PROFIT DOWN 33 % AT 2.14 CR (YOY), UP 10 % (QOQ)

REVENUE UP 38 % AT 51.38 CR (YOY) ,UP 2 % (QOQ)

EBITDA UP 58 % AT 9.15 CR (YOY),UP 17 %(QOQ)

MARGINS AT 17.8 % V 15.5 % (YOY), 15.5% (QOQ)

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❁Stocks❁ ❁Result❁& BREAKING News

20 Dec, 17:10

EXIDE INDUSTRIES CO UNIT EXIDE ENERGY SOLUTIONS SIGNS BINDING AGREEMENT WITH HYUNDAI MOTOR INDIA FOR EV BATTERY SUPPLY || AGREEMENT OUTLINES EESL'S COMMITMENT TO SUPPLY LITHIUM-ION CELLS AND BATTERY PACKS FOR HYUNDAI'S ELECTRIC VEHICLES (EVS) IN INDIA

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❁Stocks❁ ❁Result❁& BREAKING News

20 Dec, 13:49

Investec Initiates on Motilal Oswal

Initiate at BUY with a SOTP-based TP of Rs1200 , 21% upside

Forecast it to deliver an operating PAT CAGR of 31% over FY24FY27E

Strong capital market franchise

Smart capital allocator

Improved market position

All its operating businesses - retail broking, asset management, private wealth, and capital markets - are well positioned and gaining m/share

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❁Stocks❁ ❁Result❁& BREAKING News

20 Dec, 12:35

ZODIAC ENERGY; WINS RS 6.1 CR APRX ORDER

Company has awarded with first international Rooftop order from Kitwe, Zambia for Designing, Engineering, Supplying, Installing, Testing, and Commissioning of Grid Tied 2 MWp Rooftop Solar System Turnkey with Battery Energy Storage System (BESS) basis for M/s Strongpak Limited (Zambia-Africa) at the aggregate cost of USD $720,626.00 (₹ 6.1 cr )

Expected to be completed till 28th February, 2025

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❁Stocks❁ ❁Result❁& BREAKING News

20 Dec, 11:53

EPL ; Board granted its approval for incorporation of a subsidiary of the Company in Thailand.

The Subsidiary is proposed to be
incorporated to act as a vehicle to pursue various growth opportunities in Thailand, in manufacturing and trading of laminated tubes.

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❁Stocks❁ ❁Result❁& BREAKING News

20 Dec, 11:04

CITI ON ACCENTURE

The demand environment remains more of the same

Accenture does not currently see an improvement in overall spending by clients

Our view remains that a gradual and uneven recovery is underway

Remain cautious as NSEIT is trading at ~31x FY26 consensus EPS

Relative preference for Infosys/HCLT (Neutral rated) over other stocks

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❁Stocks❁ ❁Result❁& BREAKING News

20 Dec, 09:57

NBCC : BAGS RS 98 CR ORDER

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❁Stocks❁ ❁Result❁& BREAKING News

20 Dec, 09:05

JK CEMENTS successfully bid for the Mahan Coal Mine in Madhya Pradesh during the 2nd attempt of the CM(SP) Act, 2015 e-auction by the Ministry of Coal.

The mine has an estimated coal reserve of 107.4 million tonnes and a peak capacity of 1.2 million tonnes per annum.

This is JKC’s second commercial coal mine acquisition after the West of Shahdol (South) Coal Block.

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❁Stocks❁ ❁Result❁& BREAKING News

20 Dec, 07:54

ADVANCE ENZYMES ; The company has completed an investment in Advanced Enzymes Europe B.V. (AEE) by acquiring 3,623,163 new equity shares for INR 478.18 million (EUR 5.36 million).

AEE remains a wholly owned subsidiary with no change in the company's 100% shareholding.

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❁Stocks❁ ❁Result❁& BREAKING News

20 Dec, 07:02

Hindustan Construction Co: HCC successfully raised Rs 600 crore as it concluded its qualified institutional placement on Thursday, which saw a robust response.

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❁Stocks❁ ❁Result❁& BREAKING News

20 Dec, 06:40

Bharti Airtel: The telecom major has paid off Rs 3,626 crore to the Department of Telecom to clear its entire liability for spectrum acquired in 2016.