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February 2, 2023

Adani Enterprises: The company has withdrawn its FPO to safe guard the interest of shareholders.

Britannia: The company has reported a 156 percent year-on-year growth in consolidated profit at Rs 932.4 crore for December FY23 quarter. Revenue from operations at Rs 4,197 crore grew by 17.4 percent over a year-ago period. EBITDA jumped 51.5 percent to Rs 817.6 crore for the quarter year on year.

Ashok Leyland: The company has sold 17,200 units in the month of January 2023, growing 23 percent over a year-ago period, medium & heavy commercial vehicle sales increased by 28 percent to 11,050 units in the same period, and light commercial vehicle segment registered 17 percent YoY growth at 6,150 units.

Coal India: The company has announced production of 71.9 million tonnes of coal for January 2023, growing 11.5 percent over a year- ago month, while offtake rose by 6.1 percent to 64.5 million tonnes during this period.

Syngene International: Biocon has sold 4 crore shares of the company via open market transactions on February 1. As a result, its shareholding in Syngene reduced by 9.96 percent to 54.6 percent, from 64.56 percent earlier. Government of Singapore bought 1.57 crore shares of Syngene at Rs 560 per share.

Craftsman Automation: The company has completed acquisition of 76 percent stake in DR Axion India. In December 2022, it had signed a definitive agreement for acquiring 8.57 crore shares of DR Axion India.

Alembic Pharma: The company has registered a 29 percent year-on-year decline in consolidated profit at Rs 122 crore for quarter ended December FY23

IDFC First Bank: IDFC Ltd on Wednesday 1st February announced that it will invest Rs 2,200 crore in the IDFC First Bank to increase its stake in the bank to 40 percent.

UTI AMC: The company has reported total income of Rs. 293.39 crores during the period ended December 31, 2022 as compared to Rs. 439.92 crores during the period ended September 30, 2022.