STOCKS in ACTION 26 Apr
Varun Beverages Ltd board to consider bonus issue on April 28, 2022
Hubtown Ltd board to consider rights issue
Avantel Ltd board to consider dividend, bonus issue
Bank of India approves capital raising plan of upto Rs. 2500 crores
Aarvi Encon: Wins Orders Worth 396m Rupees From Chennai Petroleum Corp
Ruby Mills: Has Repaid Entire Term Loans And All Unsecured Loans Aggregating Rs. 145 Crores
Shakti Pumps India Limited invests in subsidiary
Cyient: To Acquire Citec; Positions Itself To Be A Leader In Plant And Product Engineering
Borosil Renewables: To Acquire 100% Stake In Interfloat Group, Largest Solar Glass Manufacturer In Europe || With Acquisition, Co’s Solar Glass Output Will Grow 66% To 750 Tpd
Veranda Learning: Approved acquisition of 100% shareholding of Hyderabad-based T.I.M.E (Advanced Educational Activities) for Rs 287 crore
Mahindra CIE Automotive: Q4 Sl Net Profit 1.69b Rupees Vs Loss 761m (YoY); Est Profit 840m | Profit 430.9m (QoQ) || Q4 Revenue 9.92b Rupees Vs 8.53b (YoY); 8.41b (QoQ)
Automotive Stampings & Assemblies: Q4 Sl Net Profit 603.2m Rupees Vs Loss 1.5m (YoY); Profit 4m (QoQ) || Q4 Revenue 2.03b Rupees Vs 1.35b (YoY); 1.62b (QoQ)
Eveready Industries: Says Expected To Return To Higher Level Of Profitability In 2022-23
GMDC: Q4 SL Net Profit 1.76b Rupees Vs Loss 1.85b (YoY) | Profit 1.5b (QoQ) Q4 Revenue 10.6b Rupees Vs 5.65b (YoY); 7.2b (QoQ) Co Recommends Dividend Of 4.3 Rupees Per Share
Tata Investment Corp: Q4 Cons Net Profit 201.4m Rupees Vs 27m (YoY) | 398m (QoQ) Q4 Revenue 519.4m Rupees Vs 309m (YoY); 509m (QoQ) Recommended A Dividend Of Rupees 55 Per Equity Share
VA Tech Wabag: Says Amur Gas Chemical Complex Communicated Suspension Of Further Activities Of Project Due To Geo-Political Uncertainty In Russia
Zee Learn: Yes Bank has initiated insolvency resolution against the company. For default of Rs 468 crore