Sii (stock investment idea)

HDFC Asset Management Company reports 24% rise in Q1 consolidated net profit

(IREDA) is planning to raise funds by way of equity share capital for an amount aggregating of upto Rs 4500 crore

Ashok Leyland has commenced delivery of its intermediate and heavy duty electric trucks to its customers. The keys of 14T Boss Electric Truck were handed over to Billion E-Mobility at the inaugural edition of the Bharat Mobility Global Expo 2024 in New Delhi.

Century Plyboards (India) has received an approval for the acquisition of entire stake in ‘Pacific Plywoods’ (PPPL) from existing shareholders of PPPL, so as to make it a wholly owned subsidiary. The Board at its Meeting held on August 4, 2023 has approved the same. Total 46,00,000 Equity Shares of Face Value of Rs 10 each of PPPL is being acquired at par to gain 100% shareholding in PPPL.

Lupin’s wholly-owned subsidiary -- Hormosan Pharma GmbH (Hormosan) has launch Luforbec 100/6 (beclometasone 100 µg / formoterol 6 µg), a fix combination in a pressurized metered dose inhaler (pMDI) for the treatment of adult asthma and chronic obstructive pulmonary disease (COPD) in Germany.

Trident has been granted patent for ‘Process of manufacturing a fabric with homogeneous pores’ by European Patent Office. The present invention comprises a method of producing Air rich yarn and fabric with pores throughout the cross-section thereby producing Air Rich fabrics and yarns which have high wettability, easy dryablity, quick absorbency and increased thickness. These fabrics have added advantage of keeping the body warm as they do not allow the body's heat to transmit easily through the fabric.

Marico is aiming to ramp up its revenue from the foods portfolio to Rs 850 crore by fiscal 2024, after closing near the Rs 600 crore mark in fiscal 2023. Saffola, the master brand under which Marico offers healthier foods, has expanded the total addressable market to over Rs 10,000 crore, through a portfolio of healthy value-added offerings.

L&T construction has secured new orders for its Water & Effluent Treatment Business from the State Water & Sanitation Mission, Uttar Pradesh, to construct a water supply scheme for the Hanumanganj multi-group of villages in the districts of Ballia and Firozabad.

Ashok Leyland has bagged orders worth Rs 800 crore in the Defence Sector. The contracts awarded also include the procurement of the Field Artillery Tractor (FAT 4x4) and the Gun Towing Vehicle (GTV 6x6).

Tata Steel is planning a consolidated capital expenditure (capex) of Rs 16,000 crore for its domestic and global operations during the current financial year. Of the planned amount, the company has earmarked Rs 10,000 crore towards standalone operations and Rs 2,000 crore for its subsidiaries in India.