Stock Market Snapshot 28 May 2024

Bharat Heavy Electricals Limited has entered into a Technology Transfer Agreement with Bhabha Atomic Research Centre for 50 kW alkaline electrolyser system for Hydrogen production.

TCS and IIT-Bombay to Build India s First Quantum Diamond Microchip lmager.

Timken India: Timken Singapore (parent) likely to sell a 6.6% in Timken India; floor price set at Rs 3,550 per share.

Havells India has started selling ‘Made in India’ air conditioners, cables and lighting products like Luminaries in the US, becoming the first Indian electronics manufacturer to launch its own brand there.

United Spirits said there is a likely slowdown in liquor demand because tipplers are limiting social Occasions although they are still not downgrading to Lower-priced products.

Ultratech Cement has made an offer to acquire a 31.6% stake in UAE-based RAK Cement Co for White Cement and Construction Materials PSC.

Asian Paints subsidiary Asian Paints International Pvt Ltd has entered into a share purchase agreement with certain minority shareholders of SCIB Chemicals S.A.E., Egypt, its joint subsidiary with SCIB.

Adani Energy Solutions: The board has approved raising of funds up to Rs 12,500 crore through Qualified Institutional Placement or any other permissible modes.

Wipro collaborates with the Centre for Brain Research, hosted at the Indian Institute of Science (llSc). This partnership will focus on harnessing the Power of artificial intelligence, machine learning and big data analytics.

PNB Housing: CRISIL has upgraded Company’s long-term debt instruments and bank facilities to ‘CRISIL AA+/Stable’ from ‘CRISIL AA/Positive’ and Rating on the short-term bank facilities and debt instruments have been reaffirmed at ‘CRISIL A 1+’.

NRB Bearinqs March 2024 (Quarterly) Income at Rs 285 crore vs Rs 312 crore YoY. PAT at Rs 32 crore vs Rs 35 crore YoY.

S H Kelkar March 2024 (Quarterly) Income at Rs 533 crore vs Rs 472 crore YoY. PAT at Rs 33 crore vs Rs 1 crore YoY.

NMDC March 2024 (Quarterly) Income at Rs 6,489 crore vs Rs 5,851 crore YoY. PAT at Rs 1,413 crore vs Rs 2,272 crore YoY.

HLE Glascoat March 2024 (Quarterly) Income at Rs 307 crore vs Rs 298 crore YoY. PAT at Rs 15 crore vs Rs 23 crore YoY.

Life Insurance Corporation of India March 2024 (Quarterly) PAT at Rs 13,782 crore vs Rs 13,191 crore .

Dish TV India March 2024 (Quarterly) Income at Rs 407 crore vs Rs 505 crore YoY. Loss at Rs 1,990 Crore vs Loss of Rs 1,721 crore YoY.

Borosil Renewables March 2024 (Quarterly) Income At Rs 283 crore vs Rs 309 crore YoY. Loss at Rs 53 Crore vs PAT of Rs 11 crore YoY.

Elgi Equipments March 2024 (Quarterly) Income at Rs 866 crore vs Rs 836 crore YoY. PAT at Rs 76 Crore vs Rs 170 crore YoY. The company had exceptional gain of Rs 105 crore in March 2023 Quarter.

RACL Geartech March 2024 (Quarterly) Income at Rs 106 crore vs Rs 95 crore YoY. PAT at Rs 8.4 crore vs Rs 9.6 crore YoY.

Jubilant Industries March 2024 (Quarterly) Income at Rs 300 crore vs Rs 343 crore YoY. PAT at Rs 22 crore vs Rs 19 crore YoY.

Astrazeneca Pharma March 2024 (Quarterly) Income at Rs 383 crore vs Rs 285 crore YoY. PAT at Rs 39 crore vs Rs 17 crore YoY.

Natco Pharma March 2024 (Quarterly) Income at Rs 1,068 crore vs Rs 898 crore YoY. PAT at Rs 386 crore Vs Rs 276 crore YoY.

Lumax Auto Technologies March 2024 (Quarterly) Income at Rs 757 crore vs Rs 493 crore YoY. PAT at Rs 51 crore vs Rs 24 crore YoY.

N R Agarwal Industries March 2024 (Quarterly) Income at Rs 247 crore vs Rs 386 crore YoY. PAT at Rs 16 crore vs Rs 20 crore YoY.

Tribhovandas Bhimji Zaveri March 2024 (Quarterly) Income at Rs 507 crore vs Rs 465 crore YoY. PAT at Rs 13 crore vs Rs 12 crore YoY.

Goodyear India March 2024 (Quarterly) Income at Rs 551 crore vs Rs 653 crore YoY. Loss at Rs 4 crore vs PAT of Rs 34 crore YoY.

Garware Technical Fibres March 2024 (Quarterly) Income at Rs 382 crore vs Rs 370 crore YoY. PAT at Rs 70 crore vs Rs 60 crore YoY.

Lakshmi Machine Works March 2024 (Quarterly) Income at Rs 971 crore vs Rs 1,303 crore YoY. PAT At Rs 66 crore vs Rs 94 crore YoY.

Indo Count Industries March 2024 (Quarterly) Income at Rs 1,093 crore vs Rs 807 crore YoY. PAT At Rs 92 crore vs Rs 95 crore YoY.