Stocks in Focus:
- Adani Wilmar: Recorded double-digit growth in edible oils and food businesses in Q4 FY24, achieving its highest-ever volume and gaining market share.
- Wipro: CEO Thierry Delaporte resigned, Srinivas Pallia appointed as CEO and MD.
- Vodafone Idea: Board approved fundraising up to Rs 2,075 crore from Oriana Investments.
- Tata Steel: Reported growth in crude steel production and deliveries, achieving highest-ever quarterly and annual deliveries.
- Cochin Shipyard: Signed Master Shipyard Repair Agreement with the US Navy, effective April 5.
- BSE: Implementing limit price protection mechanism in equity derivatives segment from April 16, 2024.
- Titan Company: Registered revenue growth and expanded retail network presence in Q4 FY24.
- JSW Energy: Successfully closed qualified institution placement (QIP) issue, raising Rs 5,000 crore.
- United Breweries: Received tax demand order of Rs 263.72 crore from Maharashtra State Goods & Service Tax Department for FY20.
- Punjab National Bank: Recorded total business growth for Q4 FY24, with increased deposits and advances.
- Nestle India: Approved appointment of Suneeta Reddy as Additional Director and Independent Non-Executive Director.
- Gland Pharma: Received USFDA approval for Eribulin Mesylate injection.
- Strides Pharma Science: USFDA conducted routine inspection at formulations facility with two observations.
- Cholamandalam Investment and Finance Company: Recorded growth in disbursements for Q4 FY24 and FY24.
- Zee Entertainment Enterprises: Proposed a leaner management structure and initiated workforce rationalization.
- Utkarsh Small Finance Bank: Reported growth in loan portfolio and deposits for Q4 FY24.
- Bank of Baroda: Recorded global business growth for Q4 FY24, with increased advances and deposits.
- Union Bank of India: Reported total business growth for Q4 FY24, with increased advances and deposits.
- UCO Bank: Appointed Sourav Kumar Dutta as Chief Technology Officer.
- Bandhan Bank: MD and CEO Chandra Shekhar Ghosh to retire on July 9, 2024.
- Dr. Reddy’s Laboratories: Entered partnership with Bayer for marketing and distributing Vericiguat in India.
- Aurobindo Pharma: US FDA inspected new injectable facility with procedural observations.
- Godrej Consumer Products: India organic business continued to deliver strong volume growth in Q4 FY24.
- Greaves Cotton: Signed strategic technology transfer agreement with Tsuyo Manufacturing for electric L3 vehicle segment.
- South Indian Bank: Appointed Vinod Francis as Chief Financial Officer.
- Karur Vysya Bank: Increased marginal cost of funds-based lending rates (MCLR) by 10 bps.
- Indiabulls Real Estate: Received investment commitments from various investors via preferential allotment.
- Bank of India: Reported global business growth for Q4 FY24, with increased advances and deposits.
- Jammu & Kashmir Bank: CFO Pratik D. Punjabi resigned, effective April 5.
- RITES: Signed MoU with IIT Madras for collaboration on green energy projects.
- Force Motors: Reported production and sales figures for commercial vehicles, utility vehicles, and tractors for March 2024.
- Info Edge India: Recorded standalone billings growth for Q4 FY24.
- Zee Media Corporation: Incorporated wholly owned subsidiary, Zee Media Inc., in the US.
- Jay Kailash Namkeen: Equity shares to list on BSE SME, issue price at Rs. 73 per share.
- Yash Optics & Lens: Trading in equity shares to commence on NSE Emerge, issue price at Rs. 81 per share.
- K2 Infragen: Debut on NSE Emerge, issue price at Rs. 119 per share.