Market Commentary     03-Jun-24
Stock Alert
Stock alert: auto firms, Angel One, Adani Ports, NTPC, Aurobindo Pharma
Shares of auto companies will be in focus after May sales data announcement.

Canara Bank is to dilute a 14.5% stake in the arm of Canara HSBC Life through an IPO.

Bank of India is to raise MCLR by 5 bps across most tenures, effective June 1st.

Angel One's arm incorporated a wholly owned subsidiary for the distribution of financial products and services.

PNC Infratech arm gets a one-time settlement amount worth Rs 391 crore from NHAl.

Adani Ports and Special Economic Zone's arm has signed a 30-year concession pact with the Tanzania Ports Authority for container terminals.

Wipro has expanded its retail media offering by partnering with Cisco and AT&T.

NTPC commissioned the second and last part capacity of 33 MW out of the 90 MW Anta Solar PV Project in Rajasthan. The company’s total capacity on a standalone and group basis now stands at 59,168 MW and 76,048 MW, respectively.

Aurobindo Pharma's arm executed a master service pact with Merck Sharpe and will invest Rs 1,000 crore for the manufacturing facility.

REC approved raising up to Rs 1.45 lakh crore through bonds and appointed Harsh Baweja as CFO.

Inox Wind's board of the company has approved raising Rs 1,000 crore in one or more tranches through preference shares. The fundraising is subject to all requisite approvals, including those of the shareholders.

Previous News
  REC fixes record date for 2nd interim dividend
 ( Market Beat - Reports 26-Oct-24   18:28 )
  REC consolidated net profit rises 6.54% in the September 2024 quarter
 ( Results - Announcements 26-Oct-24   16:55 )
  REC PAT climbs 7% YoY to Rs 4,038 crore in Q2 FY25
 ( Hot Pursuit - 26-Oct-24   16:50 )
  Board of REC recommends Second Interim Dividend
 ( Corporate News - 26-Oct-24   16:22 )
  REC to discuss results
 ( Corporate News - 24-Oct-24   13:40 )
  Bank of India schedules board meeting
 ( Corporate News - 23-Oct-24   10:25 )
  Canara Bank to table results
 ( Corporate News - 19-Oct-24   10:07 )
  Bank of India to convene EGM
 ( Corporate News - 17-Oct-24   13:53 )
  Tata Power receives LoI from REC to acquire transmission project (ERES-XXXIX)
 ( Corporate News - 17-Oct-24   10:01 )
  Canara Bank revises MCLRs across tenors
 ( Corporate News - 10-Oct-24   18:41 )
  REC Ltd spurts 2.48%, up for third straight session
 ( Hot Pursuit - 10-Oct-24   13:05 )
Other Stories
  Stock Alert: ITC, IndusInd Bank, Radico Khaitan, United Breweries,
  25-Oct-24   08:37
  Stock Alert: United Spirits, Hindustan Unilever, AU Small Finance Bank, Birlasoft
  24-Oct-24   08:29
  Stock Alert: Zomato, Zenstar Tech, Persistent Systems, Bajaj Finance, Adani Green Energy
  23-Oct-24   08:34
  Stock Alert: Cyient DLM, City Union Bank, Bajaj Housing Finance, 360 ONE WAM
  22-Oct-24   08:47
  Stock Alert: HDFC Bank, Kotak Mahindra Bank, Tech Mahindra, L&T Finance, JSW Steel
  21-Oct-24   08:47
  Stock alert: Infosys, Wipro, LTIMindtree, Axis Bank, Tata Chemicals, Polycab India
  18-Oct-24   08:29
  Stock Alert: Bajaj Auto, L&T Technology Services, Crisil, Aditya Birla Fashion and Retail
  17-Oct-24   08:33
  Stock alert: KEI Inds, Rallies India, Ceigall India, PNC Infratech
  16-Oct-24   08:30
  Stock Alert: Reliance Inds, HCL Tech, Gopal Snacks, Angel One, Zydus Lifescience,
  15-Oct-24   08:32
  Stock Alert: Avenue Supermart, Wipro, JSW Energy, Sula Vineyards, Hathway Cable & Datacom
  14-Oct-24   08:29
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