Stock Market Snapshot 01 June 2024

Tata Communications: Mr. C R Srinivasan, Executive Vice President – Cloud and Cyber Security Services, being part of Senior Management of the company, has tendered his resignation in order to pursue opportunities outside the Company.

HDFC Asset Management Company: The Board has approved the appointment of Mr. Harish Narayanan As Chief Digital & Marketing Officer and one of the Senior management personnel of the company with effect from June 03, 2024.

Bajel Projects: Mr. Akash Sharma has been appointed as the Business Head – SCM & Manufacturing, a Senior Management Personnel of the Company effective from the June 04,2024.

NTPC: Consequent upon successful Commissioning, second and last part capacity of 33 MW out of 90 MW Anta Solar PV Project at Anta, Rajasthan, is declared on Commercial Operation w.e.f. 17:00 Hrs. of 31.05.2024.

Lokesh Machines bags an order of Rs 4.26 crore from Northern Command, Indian Army, Department of Military Affairs, Ministry of Defence, Government of India for supply of submachines guns 9x19 mm Machine Pistol (ASMI) with accessories.

MOIL: The prices of all Ferro grades of manganese ore with Manganese content of Mn-44% and above – have been increased by 35% and Manganese Content below Mn-44% have been increased by 30%.

Macrotech Developers: CRISIL has upgraded the rating for Long Term Bank Facilities to CRISIL AA-/Positive from CRISIL A+/Stable.

Wipro announced the expansion of retail-focused capabilities within Wipro VisionEDGE+. This enhanced offering, developed in partnership with Cisco and AT&T, and leveraging AWS, serves as a comprehensive retail transformation platform.