🇮🇳 *India Daybook*
🔹 *Stocks in News*
*Dilip Buildcon* declared lowest bidder for Rs 882 cr NHAI order (Positive)
*Vodafone Idea* makes payment to Franklin Templeton, 6 other NCD bondholders. (Positive)
*Karnataka Bank'*s Q1 net profit rises 12% YoY, comes in at Rs 196.4 cr. (Positive)
*Lakshmi Vilas Bank* recorded operating Profit of Rs 70.32 crore as against the Rs 19.85 crore during the Q320 (Positive)
*SAIL*'s Q4 Revenues at Rs 16171 crore versus Rs 18492 crore, net profit comes in at Rs 2,647 cr Vs Rs 548.2 cr (Positive)
*Ircon Q4* Revenues at Rs 1873 crore versus Rs 1797 crore, Profit at Rs 115.4 crore versus Rs 99.4 crore YoY (Positive)
*GNFC Q4* Revenues at Rs 1342 crore versus Rs 1430 crore, Profit at Rs 240.9 crore versus Rs 95.2 crore YoY (Positive)
*Cipla:* Gilead says remdesivir coronavirus treatment reduces risk of death. (Positive)
*MSTC* Acuite Ratings has reaffirmed rating of company. (Positive)
*Havells- India: CARE has reaffirmed its rating on the long term and short term bank facilities (Positive)
Infosys: Company and Old National Bank forged digital transformation partnership. (Positive)
*IRB Infra* has emerged as a preferred bidder for the project worth of Rs 2193.0 crore. (Positive)
*Biocon*'s Psoriasis injection okayed for limited use to treat Covid19 patients (Positive)
*Galaxy Surfactants* Company has restarted operations at its units in Tarapur Location (Positive)
*Clariant Chemicals* declares Special Interim Dividend of Rs. 140/- per share (Positive)
*Escorts* CCI approved the preferential issue of 1.225 crore shares to Kubota Corporation (Positive)
*Shalby:* has designated with reservation of 50% beds for CoVID‐19 patients in Valsad. (Positive)
*Thyrocare* says co completed 1 lk COVID-19 RT PCR tests in 108 days. (Positive)
*Axis Bank* SME business saw a de-growth of 6% for fiscal 2020 as the bank focused on maintaining asset quality in the segment. (Positive)
*Reliance Ind*: Jio Platforms receives subscription amount from L Catterton, Silver Lake & Gen Atlantic (Positive)
*Reliance Ind* Qualcomm Ventures will invest Rs 730 cr in Reliance Industries' digital unit Jio Platforms for a 0.15% stake. (Positive)
NTPC Singrauli became India's largest power generation company. (Positive)
Six companies including *BHEL* submit bids for electric traction kits for 44 train sets of Vande Bharat (Positive)
*Info edge:* Zomato’s annual report also highlighted that in FY20 it doubled its revenues to $394 million (Positive)
*PNB* Board approves raising up to Rs 10,000 cr via QIP, FPO, rights issue or any other mode. (Neutral)
*HDFC:* People's Bank of China has sold a part of its stake (Neutral)
Power Grid to invest Rs 240 cr in transmission project (Neutral)
*Avenue Supermarts:* Net profit in Q1FY21 fell 87.59 percent to Rs 40.08 crore from Rs 323.06 crore while revenue declined 33.21 percent to Rs 3,883.18 crore as against Rs 5,814.56 crore, YoY. (Neutral)
*Shoppers Stop*: MD and CEO of the Company has tendered his resignation. (Negative)
*Bharti Airtel, Vodafone Idea*: The TRAI has put on hold specific premium plans of both companies. (Negative).