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Stock Market Live Updates 03 April 2024: Sensex, Nifty trade weak as global stocks decline on Fed rate cut concerns


Biocon: Company transfers India’s branded formulations business to Eris Lifesciences for ₹1,242 crore on a slump sale basis

Ashiana: Company says all units in phase 3 of ‘Ashiana Amarah’ converted into booking by March 30, sale value of 4.40b rupees 

Ramco Cements: Company commissions line II at Odisha’s grinding unit 

ESAF SFB: Company operationalizes authorized dealer category 1 license (Foreign Exchange Operations) w.e.f. April 2.

Sunteck Realty: Company rents BKC building to BennettColeman & Co for long-term tenure.

Quick Heal: Company’s arm in pact with MTech Solutions for advanced cybersecurity.

Anupam Rasayan: Company signs Letter of Intent with Japanese multinational for Rs 743 crore.

HCL Tech: Company completes divestment of 49% stake in JV with U.S.-based State Street.

PC Jewel: Karur Bank accepts one time settlement proposal submitted by PC Jewellers to settle outstanding dues. 

PNC Infratech: Company signs Rs 117 crore settlement pact with NHAI towards one-time settlement of contractual disputes 

J&K Bank: Bank in pact with New India Assurance Co for servicing & soliciting insurance products

IREDA: Company records its highest-ever annual loan sanctions and disbursements in fiscal 2023-24.

Marine Elect: Company has received an order amounting to 143.3m rupees from Cummins India

Bosch: Company gets tax refund of Rs 116.4 corer for AY 2013-14

Bajaj Electricals: Company gets tax refund worth Rs 58.7 crore for AY 2022-23 

Llyods Metals: FY24 iron ore production at 10 MT vs 3.6 MT year-on-year.

Rajratan Wire: Company says MP Industrial Development Corp sanctioned amount of investment promotion assistance of 229.2m rupees to co 

Sona BLW: Company gets approval for second hub wheel motor for electric two-wheelers under PLI scheme 

Hind Zinc: Q4 refined zinc production was at 220 kt, up 9% QoQ 

MOIL: Company has recorded best ever production of any financial year since inception, at 17.56 lakh tonnes, growing sharply by 35 percent year-on-year

VMart Retail: Company’s revenue growth seen at 12% for current quarter

Indo Edge: Company receives clearance from CCI to acquire 8% stake in MG Motor India.

Bharti Airtel: Bharti Hexacom garners Rs 1,923.7 crore from anchor investors ahead of IPO. 

GE T&D India: Gets letter from General Electric Company to split GEC into GE Aerospace & GE Vernova

UltraTech Cement: Company to invest Rs 32,400 crore towards ongoing capex over next three years. 

SJVN: Company signs agreement with IIT-Patna to develop advanced geological model for its tunneling projects 

JSW Energy: Board of JSW Energy approves fundraise of Rs 5,000 crore through qualified institutional placement.

Mankind Pharma: Company approves slump sale of over-the-counter business to new subsidiary Mankind Consumer Products by October 1. 

Dhanlaxmi Bank: Provisional gross advances rose 5.63% YoY as on March 31 

IB Real: Board meeting on April 5 to consider and approve proposal for raising of funds 

Sobha: Company’s unit entered into a share purchase agreement with BNB builders 

Vedanta: Tamil Nadu GST authority issues tax demand worth Rs 1.86 crore to Vedanta 

Som Distilleries: To undertake stock split from Rs 5 face value to Rs 2 per share

Zee Ent: MD and CEO Punit Goenka to implement 20% reduction in his remuneration 

NALCO: FY24 metal sale at 4.70 lk metric tons; cast metal production at 4.63 lk metric tons 

Axis Bank: CCI clears Axis Bank-Max Life Insurance Company deal.

Kamdhenu: Board Meeting today to consider sub-division of existing equity shares 

Mold Teck: Board Meeting today to consider declaration of Interim Dividend 

Hero MotoCorp: ICICI Lombard acquires additional 0.03% stake in for Rs 23 crore 

Chalet Hotels: Company raises Rs 1,000 crore via QIP.

Samhi Hotels: Goldman Sachs sells shares for Rs 343 crore through open market transaction.

United Spirits: Company has received a tax demand of ₹5.51 crore from the office of the Deputy Commissioner of State Tax, Nanded. 

Shriram Properties: Company gets penalty order worth Rs 447 crore for AY19 from Chennai tax authority. 

Bharat Forge/RK Forge: March North America orders down 9% YoY & down 33% MoM



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