India’s Fastest Financial Update Telegram Channel: Beat The Street
📍 ORDER WIN / PROJECT AWARDED
HG INFRA: Qualified as bidder for 300 MW BESS project in Gujarat.
BONDADA ENGINEERING: Wins ₹5.93 Cr telecom tower order for Chhattisgarh and Jharkhand.
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📍 ACQUISITION / STAKE BUY
JK PAPER: Acquires 62.14% stake in Quadragen Vethealth.
SENORES PHARMA: Acquires 7,914 of 8,454 shares (pending RBI approval for rest).
KOHINOOR FOODS: Receives ₹200 Cr and NOC for sale of Haryana plant and machinery.
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📍 COLLABORATION / PARTNERSHIP
DELHIVERY: Partners with Mars Petcare to digitize supply chain.
TCS: Partners with ICICI Securities for trading platform upgrade.
PANORAMA STUDIOS: Signs distribution deal for film “Kesari Veer.”
ERAAYA LIFESPACES: Announces Ebix Travels as official partner for FICCI WAVES Bazaar.
UNICOMMERCE ESOLUTION: Onboarded by FAE Beauty for quick commerce adoption.
JINDAL STAINLESS: Commissions captive solar plant with AB Energia.
BHARTI AIRTEL: To acquire 400 MHz spectrum from ADANI DATA NETWORKS.
ADANI ENTERPRISES: Transfers 400 MHz spectrum to AIRTEL.
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📍 LEADERSHIP CHANGE
REC: Appoints Jitendra Srivastava as Chairman & MD.
AU SMALL FINANCE BANK: Appoints Nandkumar Saravade as Independent Director.
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📍 NEW PROJECTS / EXPANSION
BIGBLOC CONSTRUCTION: Subsidiary gets approval to set up AAC plant.
CLEAN SCIENCE: Invests ₹50 Cr in subsidiary Clean Fino-Chem.
INSOLATION ENERGY: Incorporates MGVI Green Infra Three.
KAKATIYA CEMENT: Resumes clinker production amid market recovery.
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📍 FUNDRAISING
RAMCO CEMENT: To raise funds via NCD issue on April 25.
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📍 REBRANDING / NAME CHANGE
IKIO LIGHTING: To be renamed as IKIO TECHNOLOGIES LIMITED from April 25, 2025.
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📍 STOCK EXCHANGE / SHAREHOLDING ACTIVITY
SUYOG TELEMATICS: Converts 35,088 warrants into equity shares.
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📍 CLARIFICATION / DISCLOSURES
SUZLON ENERGY: Clarifies no known reason behind sudden stock price movement.
INDUSIND BANK: Denies forensic audit by EY; confirms internal audit ongoing.
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📍 QUARTERLY FINANCIALS (Q4)
AU SMALL FINANCE BANK: Reports Q4 net profit of ₹503.7 Cr; NII at ₹2,094 Cr.
HAVELLS INDIA: Q4 net profit up 16% YoY to ₹517 Cr.
CYIENT DLM: Q4 net profit up 34% YoY; EBITDA margin improves.
TATA COMMUNICATIONS: Q4 profit triples YoY to ₹1,040.5 Cr.
HCL TECH: Q4 net profit at ₹4,307 Cr, down 5% QoQ.
MM FINANCIAL SERVICES: Q4 net profit down 9% YoY to ₹563.1 Cr.
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📍 IPO
ATHER ENERGY: IPO to open April 28–30; aiming to raise ₹2,626 Cr.
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📍 SUSTAINABILITY / ESG
MARICO: Reaffirms sustainability goals; targets 93% clean energy usage by 2030.
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📍 OPERATIONAL UPDATE
JUPITER WAGONS: Halts Jabalpur plant operations for 15–20 days due to internal issues.
SHARIKA ENTERPRISES: Completes GIS system repair ahead of schedule.
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📍 REGULATORY / LEGAL
GENSOL ENGINEERING: May face ED probe under PMLA in connection with BluSmart.
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