Market Commentary     12-Jun-24
Stock Alert
Stock alert: Wardwizard Innovations, Dollar Industries, TVS Supply Chain, HCL Tech
Securities in F&O ban: Balrampur Chini Mills, GMR Infra, Hindustan Copper, India Cements, SAIL, Zee Entertainment Enterprises.

Wardwizard Innovations and Mobility: Promoter Wardwizard Solutions India sold 42.12 lakh shares (1.61%) at Rs 72.51 each via bulk deal on Tuesday.

Dollar Industries recorded the highest-ever revenue in 2023-24. To open 50 exclusive brand outlets across South India by 2027. Aim for 50% saIes growth in South India in 2024-25.

TVS Supply Chain Solutions received a five-year contract with Daimler Truck AG for integrated supply chain solutions services in Singapore.

Wipro introduced the Lab45 AI Platform, designed to increase efficiencies and transform business functions.

HCL Technologies signed a $278 million deal with Germany’s largest cooperative primary bank, apoBank for 7.5 years.

TCS launched a new IoT engineering lab in Ohio for manufacturing, energy, and consumer solutions.

B.L. Kashyap and Sons secured two new orders aggregating to about Rs 1,021 crore. These include a construction order worth Rs 924 crore from DLF City and a civil construction order worth Rs 97 crore from Sattva Homes. The total order book as of date stands at Rs 3,545 crore.

Cipla said Patna Tax Office rules against the company on input tax credit. The company is to appeal to a higher authority on the input tax credit ruling.

Castrol India appointed Kedar Lele as MD for 5 years, effective November 1st.

LTlMindtree announced the inauguration of its regional headquarters in Saudi Arabia’s capital, Riyadh, as part of the expansion in KSA and the Middle East.

Patanjali Foods has clarified that the board has evaluated the initial proposal by Patanjali Ayurved for the sale of non-food businesses on April 26th. A committee comprising an independent director, CEO and CFO is in the process of evaluating the proposal.

Previous News
  Castrol India to table results
 ( Corporate News - 04-Jul-24   10:16 )
  Volumes soar at MMTC Ltd counter
 ( Hot Pursuit - 03-Jul-24   14:30 )
  Board of Wardwizard Innovations & Mobility approves rights issue up to Rs 49 cr
 ( Corporate News - 21-Jun-24   18:11 )
  Wardwizard Innovations & Mobility announces board meeting date
 ( Corporate News - 13-Jun-24   10:17 )
  Market ends with small gains; media shares in demand
 ( Market Commentary - Quick Review 12-Jun-24   15:53 )
  Indian Metals & Ferro Alloys Ltd leads losers in 'B' group
 ( Hot Pursuit - 12-Jun-24   14:45 )
  Dollar Inds rises on plan to add 50 new stores
 ( Hot Pursuit - 12-Jun-24   10:56 )
  Barometers edge higher in early trade; breadth strong
 ( Market Commentary - Mid-Session 12-Jun-24   09:32 )
  Stock alert: Wardwizard Innovations, Dollar Industries, TVS Supply Chain, HCL Tech
 ( Market Commentary - Stock Alert 12-Jun-24   08:41 )
  Castrol India appoints Kedar Lele as MD
 ( Hot Pursuit - 12-Jun-24   08:20 )
  Board of Castrol India approves change in directorate
 ( Corporate News - 11-Jun-24   18:00 )
Other Stories
  Stock Alert: LTIMindtree, L&T Finance, Asian Paints, Zee Entertainment Enterprises, Indian Oil Corporation
  18-Jul-24   08:30
  Stock Alert: Jio Financial Services, Spicejet, Hatsun Agro Product, Hindustan Unilever (HUL)
  16-Jul-24   08:38
  Stock Alert: HCL Tech, IREDA, Avenue Supermarts, RVNL, Sun Teck Realty, Lupin
  15-Jul-24   08:30
  Stock Alert: Tata Consultancy Services, Anand Rathi Wealth, Mahindra & Mahindra, Aditya Birla Fashion and Retail
  12-Jul-24   08:23
  Stock Alert: Tata Elxsi, Kesoram Industries, Sula Vineyards, Asian Paints, Bajaj Healthcare
  11-Jul-24   08:36
  Stock Alert: JSW Steel, Delta Corp, Rail Vikas Nigam, Adani Power, Shilpa Medicare
  10-Jul-24   08:18
  Stock Alert: Godrej Consumer Products, Torrent Power, Container Corporation of India, Nestle India
  09-Jul-24   08:21
  Stock Alert: Dabur India, Titan Company, Marico, Tata Motors, Adani Wilmar, Info Edge (India),
  08-Jul-24   08:33
  Stock Alert: HDFC Bank, Raymond, Poonawalla Fincorp, IDBI Bank, Punjab National Bank,
  05-Jul-24   08:23
  Stock Alert: Bajaj Finance, Vedanta, Suryoday Small Finance Bank, Bandhan Bank, L&T Finance
  04-Jul-24   08:27
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