Market Commentary     24-Feb-25
Stock Alert
Stock Alert: Granules India, Lupin, Bharti Airtel, Hazoor Multi Projects, Lemon Tree Hotels
Securities in F&O Ban:

Manappuram Finance and Chambal Fertilisers & Chemicals shares are banned from F&O Trading on 24 February 2025.

Stocks to Watch:

Granules India said that its board has approved to acquire 100% stake in Senn Chemicals AG, a Switzerland based company, for a total consideration of Rs 192.5 crore (CHF 20 million).

Lupin said that it has received establishment inspection report (EIR) from the US Food and Drug Administration (U.S. FDA) for its manufacturing facility in Somerset, New Jersey, USA.

The Index Maintenance Sub-Committee (Equity) of NSE Indices has decided to make replacement of stocks in various indices as part of its periodic review as listed hereunder. These changes shall become effective from 28 March 2025 (close of 27 March 2025).

According to latest press release issued the NSE Indices, Bharat Petroleum Corporation (BPCL) and Britannia Industries have been excluded from the Nifty 50 index. They are being replaced by Jio Financial Services and Zomato.

Bharti Airtel said that its board has approved to acquire additional 5% stake in Airtel Africa, wholly owned subsidiary, through Airtel Africa Mauritius (AAML) in one or more tranches during FY24-25.

Hazoor Multi Projects said that it has secured a work order worth Rs 102.10 crore from Venkatesh Infra Projects.

Rail Vikas Nigam (RVNL) has emerged as the lowest bidder (L1) for the supply of a 2x25 KV overhead equipment (OHE) and power supply installation (PSI) system from South Western Railway, with the project valued at Rs 156.35 crore.

Lemon Tree Hotels announced that it has signed a license agreement viz. Lemon Tree Resort, Chittorgarh, Rajasthan.

Previous News
  Lupin gets EIR from USFDA for Nagpur facility
 ( Hot Pursuit - 17-Apr-25   15:00 )
  Lemon Tree Hotels signs new property in Mori Bera, Rajasthan
 ( Hot Pursuit - 16-Apr-25   09:35 )
  Granules India completes acquisition of Swiss-based CDMO - Senn Chemicals AG
 ( Corporate News - 11-Apr-25   10:15 )
  Lemon Tree Hotels signs new property in Siliguri, West Bengal
 ( Hot Pursuit - 09-Apr-25   08:08 )
  Lemon Tree Hotels gains on inking new property in Darjeeling
 ( Hot Pursuit - 08-Apr-25   10:01 )
  Lemon Tree Hotels signs a new property in Uttar Pradesh
 ( Hot Pursuit - 05-Apr-25   15:27 )
  Lemon Tree Hotels gains on inking new property in Jaipur, Rajasthan
 ( Hot Pursuit - 03-Apr-25   09:27 )
  Lemon Tree gains on launching twelfth property in Maharashtra
 ( Hot Pursuit - 02-Apr-25   10:44 )
  Lemon Tree Hotels gains on expanding new openings in multiple states
 ( Hot Pursuit - 24-Mar-25   10:17 )
  Nanomi wins prestigious CMO Award for Life Science Leadership in Drug Delivery
 ( Corporate News - 21-Mar-25   19:12 )
  Lupin allots 24,101 equity shares under ESOP
 ( Corporate News - 21-Mar-25   16:10 )
Other Stories
  Stock Alert: Wipro, Angel One, Waaree Renewable Tech, Infosys, BHEL
  17-Apr-25   08:35
  Stock Alert: IREDA, Wipro, Swiggy, Lemon Tree Hotels, Dabur India, Angel One
  16-Apr-25   08:35
  Stock Alert: Ircon Intl, Sula Vineyards, Ashiana Housing, NCL Inds, Orient Cement, Aurobindo Pharma
  15-Apr-25   08:29
  Stock Alert: TCS, Coromandel Intl, JSW Energy, Biocon, Jindal Stainless Steel
  11-Apr-25   08:29
  Stock Alert: Shyam Metalics, Senco Gold, NTPC Green Energy, Signatureglobal (India)
  09-Apr-25   08:38
  Stock Alert: Bharat Electronics, Titan Company, Mahindra & Mahindra, P N Gadgil Jewellers
  08-Apr-25   08:35
  Stock Alert: IndusInd Bank, Indian Bank, Godrej Properties, Force Motors, Aurobindo Pharma
  07-Apr-25   08:25
  Stock Alert: HDFC Bank, Bajaj Finance, Alivus Life Science, Ultratech Cement, Nestle India
  04-Apr-25   08:37
  Stock Alert: M&M Financial Services, MOIL, Central Bank of India, Maruti Suzuki India
  03-Apr-25   08:40
  Stock Alert: Tata Motors, Hyundai Motor India, Zaggle Prepaid, V-Mart Retail
  02-Apr-25   08:38
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