Stock Market Snapshot 10 June 2024

Repco Home Finance: Mrs. K. Lakshmi has tendered Her resignation as Chief Financial Officer of the Company due to personal reasons.

JSW Steel reported consolidated Crude Steel production for the month of May’24 at 20.98 Lakh tonnes. The Crude Steel production was 4% lower YoY mainly due to a planned maintenance shutdown for one of the Blast Furnaces at Dolvi.

Lupin Ltd is recalling over 51,000 bottles of a Generic antibiotic medication in the US market dueTo a “defective container”.

TVS Motor has announced a proactive recall of a select set of iQube electric two-wheeler units for inspection. The company will inspect the bridge tube of units manufactured between July 10, 2023, and September 9, 2023.

Adani Airport Holdings Limited (AAHL) handled an impressive one million tonnes of air cargo in fiscal year 2023-2024, achieving a milestone. The achievement underscores AAHL’s robust operational capabilities and strategic growth in the aviation industry.

Samvardhana Matherson International Limited (SAMIL) has been upgraded to Baa3 I Investment Grade with a stable outlook from Ba1 corporate family rating review for upgrade by Moody Ratings.

Lupin Limited having planned to enter into a Business Transfer Agreement with Lupin Life Sciences Limited, wholly owned subsidiary of the Company, to carve out, its trade generics business in India, as a going concern, on a slump sale basis.

Dr. Reddy’s Laboratories Limited – The US Food and Drug Administration has issued four observations to The company’s active pharmaceutical ingredient Manufacturing facility in Srikakulam,Andhra Pradesh.

Atul village received the prestigious Platinum Green Village certification from the Indian Green Building Council (IGBC), an initiative of the Confederation of Indian Industry.

Dalmia Bharat Limited – CRISIL Ratings has reaffirmed its ‘CRISIL AA+/Stable/CRISIL A 1+’ ratings on the bank facilities of Dalmia Bharat Limited.

Suprajit Engineering has signed Share and Asset Purchase Agreement (SAPA) for the acquisition of the business of Stahlschmidt Cable Systems (SCS), out of insolvency proceedings in Germany.

Coromandel International Ltd unveils state-of-the-art Nano Fertiliser plant at Kakinada, Andhra Pradesh.

Adani Enterprises: Seven airports facilitated over 1O lakh metric tonnes of cargo in FY 2023-24, capturing an impressive 30.1% market share. Recorded a 7% y-o-y increase as compared to the previous fiscal year (9,44,912 metric tonnes).