Stock Recommendations – Neal Bhai Reports [17-05-2022]

Stock Recommendations by Neal Bhai

  • SJVN: The company has signed a memorandum of understanding for development of 490 MW Arun-4 project in Nepal.
  • Aditya Birla Capital: The company said an independent committee investigating a whistleblower complaint did not find any merit in allegations made against Aditya Birla Sun Life and its employees.
  • KEC International: The company has received new orders of Rs 1,147 crore across its various businesses.
  • Kajaria Ceramics: The company has begun commercial production of ceramic floor tiles and vitrified tiles in manufacturing facilities in Gailpur, Rajasthan, and Chittoor, Andhra Pradesh, respectively.
  • Steel Exchange India: The company approved the proposal of splitting equity shares from face value of Rs 10 to Rs 1 each.
  • Max Healthcare Institute: Approves merger of units Alps, Max Hospitals

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