India Daybook – Stocks in News

#BALRAMCHIN : The company acquired 11,29,869 equity shares of itself at Rs 366.53 per share on the NSE. (Positive)

Intrasoft Technologies: Vedant Kajaria bought 1.5 lakh equity shares at Rs 110.03 per share. (Positive)

#APOLLOHOSP : Company becomes the first hospital in the country to have completed 100 Robotic Cardiac Surgeries (Positive)

OMCs: Soft crude oil prices and now Saudi Arabia lowers oil prices for the Asian countries will benefit the OMCs (Positive)

GSK Consumer: Leads the oral care industry with the launch of its first carbon-neutral toothbrush. (Positive)

#INDIGO / #SPICEJET : Domestic air passenger traffic continued on the growth trajectory in August with volumes growing up to 31% to 66 lakh MoM: ICRA (Positive)

Shipping Companies: Cargo traffic at the country's major ports rose by 11.43% to 57.59 million tons in August YoY: Indian Ports Association (Positive)

Neogen Chem: The company has announced that the Phase I commercial production/operations for manufacturing of organic chemicals l. (Positive)

Panacea Bio: The company announces the supply of the 1st shipment out of 1 million doses of the Sputnik V coronavirus vaccine. (Positive)

Petronet LNG and ONGC Videsh are having discussions about buying a stake in Russia’s planned liquefied-gas project Arctic LNG 2. (Positive)

VST Tillers Tractors: The company has entered into an agreement with ETG, for distribution of its tractors, power tillers, power reapers. (Positive)

Starteck Finance: The company approved to sell 100% stake in subsidiary Starteck Housing Finance (Positive)

International Conveyors: The company sold 7.95% stake in Elpro International for Rs 74.14 crore. (Positive)

BPCL: Arun Kumar Singh has been appointed as Chairman & MD of the company till October 31, 2022, or until further orders. (Positive)

Yes Bank asks for removal of the following Directors of Dish TV. (Neutral)

Nuvoco Vistas: The company’s Q1FY22 consolidated profit jumped to Rs 114.28 crore from Rs 37.52 crore, revenue fell to Rs 2,202.97 crore from Rs 2,631.61 crore, YoY. (Neutral)

Adani Transmission: The company has appointed Rohit Soni as CFO & KMP with effect from September 6, 2021 (Neutral)

McDowell Holdings: Recovery Officer I DRT II sold 11.46 lakh equity shares in the company at Rs 38.77 per share. (Neutral)

Wonderla Holidays: Valuequest India Moat Fund sold 3,48,251 equity shares in the company at Rs 238.11 per share on the NSE (Neutral)

Orient Cement: HDFC Asset Management Company sold 44.70 lakh shares in the company via open market transaction on September 3 (Neutral)

#INFY ; The company said it has almost completed its buyback programme and its buyback committee will meet on September 8 to consider the closure of the buyback programme. (Neutral)