Stock updates
🔸 Tata Technologies limited
The company has collaborated with the Government of Telangana to transform 65 Industrial Training Institutes (ITIs) into Skill Development Centre
🔸 H.G. Infra
The Company has received the letter of acceptance from the NHAI for the construction of 4 lane elevated corridor under NH(O) on EPC mode in the state of Jharkhand with an estimated cost of Rs. 610.11 crores
🔸 Dwarikesh Sugar
The Board of Directors of the company approved a buyback offer of 30,00,000 fully paid-up equity shares of face value Re. 1 and buyback offer price of Rs. 105 per equity share. The record date is 20th March
🔸 TGV Sraac ltd
The company has received acknowledgement from Ministry of Commerce production capacity increase in response to their application. The plant capacity for Caustic Soda has been increased from 259150 MTs to 332150 MTs per annum
🔸 Transport Corporation of India Ltd
Company has entered into a definite agreement for building of two Cellular Container Vessels of ~7300 MT DWT each for a total contract price of ~USD 34 million.
🔸 Vedanta
The company received warning related to publishing information relating to unlisted ultimate holding company from SEBI.
🔸 InterGlobe Aviation
Promoter Rakesh Gangwal will sell up to a 3.3% stake in the company worth at least Rs 3,729 crore, at a floor price of Rs 2,925
🔸 Dilip Buildcon Ltd
The Company has been declared as L-1 bidder for the tender floated by the National Highways Authority of India on hybrid annuity basis in the state of Tamil Nadu
🔸 HAL
According to a news item published in The Economic Times on 7th March, 2024 titled “Cabinet Committee on Security clears 34 new Dhruv choppers for Indian Coast Guard, Army” to be manufactured by Hindustan Aeronautics Limited
🔸 TVS Motor
The company is showcasing its product range for Europe at the Salon du Deux Roues, Lyon till March 10, 2024. In being present at one of Europe’s premier auto expos, TVS Motor has announced its presence in France.
I
Commodity Recommendation
🔸 Commodity – Crude Oil
🔸 Expiry – April
🔸 Action- Buy
🔸 Entry range – Rs. 6380 – 6400
🔸 Target – 6600
🔸 Stoploss – 6280
🔸 Timeframe – 1 week
🔹Margin Required approx.
Crude Oil – Rs. 2.7 lacs
Crude Oil Mini – 22k
