STALLION

June 27 (Reuters) - Stallion India Fluorochemicals Ltd STAF.NS:

• STALLION INDIA FLUOROCHEMICALS - SETTLES LIABILITY WITH PAYMENT OF $1.3 MILLION

Source text: ID:nNSEpkznz

Further company coverage: STAF.NS

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April 8 (Reuters) - Stallion India Fluorochemicals Ltd STAF.NS:

• STALLION INDIA FLUOROCHEMICALS - NAMES VIRENDERKUMAR MEHTA AS CFO

Source text: [ID:]

Further company coverage: STAF.NS

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** Shares of Indian chemical makers SRF SRFL.NS, UPL UPLL.NS drop 5.1% and 1.6%, respectively, while Navin Fluorine NAFL.NS plunged 5.4%

** Deepak Nitrite DPNT.NS down 2.4%

** U.S. President Donald Trump imposed 26% reciprocal tariffs on Indian imports as part of his wider plan to levy a 10% baseline tariff on all imports from April 5

** Sectors including chemicals likely to take major hit from the broader tariffs, analysts at Nirmal Bang said in a note

** Chemicals account for about 4.01% of India's exports share to the U.S. - Nirmal Bang

** SRFL, DPNT rated "hold" on avg, UPL, NAFL rated "Buy" - data compiled by LSEG

** Year-to-date, SRFL, UPLL, NAFL, up 33%, ~31%, ~31%, while DPNT down ~19%

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Ganesh Benzoplast GNSB.NS jump as much as 5.8% to 119.83 rupees, last up 2.9%

** The liquid storage tank provider bagged order for engineering, manufacturing, supply and construction of a chemical tank project

** Order valued at 1.69 billion rupees ($19.73 million)

** Year-to-date, stock down ~15%

($1 = 85.6420 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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** Indian telecom firm Vodafone Idea's shares VODA.NS surged 10% to 7.48 rupees in early trade

** Indian government to raise stake in the company to about 48.99% from 22.6% by converting 369.5 billion rupees ($4.32 billion) in outstanding spectrum auction dues into equity

** Government asks VODA to issue shares at 10 rupees apiece - a 47% premium on the last closing price

** Stock rated "Hold" on avg vs "Buy" rating on larger rivals Bharti Airtel BRTI.NS - data compiled by LSEG

** Year-to-date, VODA down ~6%, BRTI up ~9%

($1 = 85.4830 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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** Shares of India's auto parts suppliers to Tesla TSLA.O drop between 4.5% and 7.6% after U.S. President Donald Trump unveiled 25% tariff on all car and auto parts imports

** Sona BLW SONB.NS, Tesla's biggest India supplier, down as much as 6.8%

** Samvardhana Motherson SAMD.NS and Bharat Forge BFRG.NS fall as much as 7.6% and 4.5%, respectively

** Tariffs on car imports are set to take effect from April 2, while those on parts from May 3

** Auto component companies have significant global exposure in the range of 30%-80% of their revenues and change in U.S. tariffs is a risk for them - J.P.Morgan

** SAMD, SONB rated "buy" on avg, BFRG rated "hold" - data compiled by LSEG

** Year-to-date, SAMD, SONB and BFRG down ~14%, ~17% and ~9%, respectively

(Reporting by Manvi Pant in Bengaluru)

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** Carraro India CARD.NS slides 8.5%; Ventive Hospitality VENE.NS drops ~5%

** Senores Pharma SENO.NS down 3% and Tolins Tyres TOLI.NS flat

** 3-months lock-in expires for VENE (2% shares), CARD (5%) and SENO (7%); and 6-month lock-in expires for TOLI (54%), per Nuvama

** Since Dec 30 listings, VENE up 10% and SENO surges ~47%, while CARD tumbled 55%

** TOLI slides 49% since Sept 16 listing

** 72 lock-ins expire from March 17 to May 30 but not all shares will be for sale given promoters' sizeable stakes -Nuvama

(Reporting by Manvi Pant in Bengaluru)

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** Brigade Enterprises BRIG.NS climbs as much as 6.5% to at 1,057.85 rupees, nearly 6-week high

** Real estate developer buys 4.4-acre land parcel in Bengaluru for premium residential project

** Project's gross development value is 9.5 bln rupees (~$111 mln)

** Over 526,000 shares traded vs 30-day avg of 352,687

** Stock top gainer on Nifty realty index .NIFTYREAL, which is up 0.22%

** BRIG rated "buy" on avg, same as peer Oberoi Realty OEBO.NS and Godrej Properties GODR.NS, per data compiled by LSEG

** YTD, BRIG, OEBO, GODR down 20%, ~28% and 21%, respectively

($1 = 85.6820 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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** India's top real estate firm DLF DLF.NS climbs as much as 2% to 710.05 rupees following meeting with analysts on Friday

** DLF management estimates doubling rental income to 100 bln rupees ($1.16 bln) by FY30, raises dividend payout ratio to 50%, expects to bring net debt to zero by FY30, brokerages say

** Retail income doubling and strong cash flow generation should make DLF attractive for long-term investors - Jefferies

** Analysts at Motilal Oswal see healthy pre-sales collections for co, large land bank to support long-term growth, steadily growing rental income and reduction in debt as key positives

** BofA analysts say co's growth outlook for the residential projects portfolio is strong

** DLF sees 10%-12% annual price increase in Gurugram, analysts at BofA added

** Stock down ~16% YTD

($1 = 85.9510 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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** Indian carmaker Hyundai Motor India HYUN.NS gains as much as 2.4% to 1,653 rupees in early trade, last up 1.4%

** HYUN to hike prices by up to 3% from April due to higher input and operational costs

** 18 brokerages' avg rating on stock is "buy", median PT is 2,029 rupees - data compiled by LSEG

** Stock down about 15% since trading debut on October 22

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Jio Financial Services JIOF.NS climb 2.2% to 230.17 rupees, extending gains to the second straight session

** The Economic Times newspaper reported that German insurer Allianz ALVG.DE is stepping up efforts for a deal with Jio Financial, citing people in the know

** On Monday, Reuters reported that Allianz was exploring a possible venture with JIOF after plans to sell stake in two India JVs

** Shares jumped 2.6% a day after the report, they have gained ~5% in the two sessions

** Jio Financial and Allianz did not immediately respond to Reuters' request for comment

** JIOF down ~25% YTD

(Reporting by Manvi Pant in Bengaluru)

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** Indian multiplex operator PVR Inox PVRL.NS jumps 4.3% to 940 rupees, on track to log best day since mid-August

** Brokerage Nuvama says February 2025 has been the highest-grossing February post-pandemic for the Bollywood film industry with box-office collections of 12.45 bln rupees (~$144 mln)

** Adds, promoters have slightly increased their stake by 0.03%, which is small but sends a positive signal to minority investors, especially after previous rounds of stake sales and pledged shares

** Says box-office collections in January-February jumped 39% y/y to 22.64 bln rupees, led by the release of "Chhaava" movie

** 19 analysts covering the stock on avg have a "buy" rating; median PT is 1,600 rupees - data compiled by LSEG

** Day's gains trim monthly fall, stock now down 0.3% in March

($1 = 86.7140 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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** Indian automotive tech firm KPIT Technologies KPIE.NS jumps 4.2% to 1,257 rupees

** Co said Qualcomm Ventures, the venture capital arm of Qualcomm QCOM.O, will become minority shareholder in KPIE's joint venture company Qorix GmbH

** Qorix GmbH is KPIE's JV with German technology manufacturing company ZF Friedrichshafen ZFF.UL

** Qualcomm Ventures will have an option to increase shareholding in JV by up to 10 million euros ($10.9 million), it did not disclose the initial shareholding details

** KPIE stock is rated "buy" on avg, median PT at 1,580 rupees - data compiled by LSEG

** KPIE down ~18% YTD

($1 = 0.9189 euros)

(Reporting by Manvi Pant in Bengaluru)

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** Shares of CreditAccess Grameen CRDE.NS surge as much as 9.7% to 1,009.85 rupees; last up 8.5%

** Microfinance firm said it added 150,000 new borrowers in January and February; it had added 152,000 new customers in the October-December quarter

** CRDE said its business momentum and stabilizing asset quality improved due to healthy loan portfolio across geographies

** Stock rated "Buy" on avg, median PT at 1,067 rupees - LSEG data

** CRDE among top five gainers on Nifty 500 index .NIFTY500, which is up 0.6%

** Year-to-date, CRDE up 3.8%, NIFTY500 down ~9%

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Hitachi Energy India HITN.NS rise 6.8% to 13,010.8 rupees, and on track for their best day in more than a month, if gains hold

** Goldman Sachs keeps "buy" rating, hikes price target on stock by 61.8% to 13,350 rupees apiece - a 9.5% premium on last close

** GS sees potential of more order wins in high voltage transmission segment, industries segment and data centres

** "We find more room for margin to expand alongside rising orders amid expanding demand for both the domestic and export market," GS analysts say

** Expects HITN to be significant beneficiary of rising grid and non-grid transmission equipment demand over FY32-FY50

** HITN rated "hold" on avg, median PT at 14,175.5 rupees - data compiled by LSEG

** Stock among top five pct gainers Nifty energy index .NIFTYENR, which is up 2.8%

** Year-to-date, HITN, NIFTYENR down 15%, 12%

(Reporting by Manvi Pant in Bengaluru)

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** Shares of diversified chemicals and agricultural products maker DCM Shriram DCMS.NS climb 6.5% at 983.7 rupees

** Co says it will evaluate options to restructure its agricultural inputs and building materials divisions to maximize growth

** Stock was down 0.4% ahead of the announcement, and is now on track for biggest one-day pct gain in over two months

** Stock trims YTD loss to 19.8%

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Ola Electric Mobility OLAE.NS slide as much as 5.5% to 53.71 rupees, their lowest level on record

** Co will laying off more than 1,000 employees and contract workers, Bloomberg News reported, citing people familiar with the matter

** The company did not immediately respond to a Reuters request for comment

** OLAE is rated "hold" on avg, median PT at 76 rupees - data compiled by LSEG

** Stock has fallen ~40% since listing on August 9; last down 3.2%

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Schaeffler India SCHE.NS gain as much as 3.6% to 3,189 rupees

** Auto parts maker's Q4 profit rose ~15% y/y led by growth in mainstay auto tech business

** Overall rev grew 12.3% y/y, auto tech segment rev grew ~14% y/y

** Strong results aided by focus on new business wins - SCHE

** Co also recommended a dividend of 28 rupees ($0.3204) apiece

** Analysts' avg rating on stock is "Buy", median PT is 4,234 rupees - data compiled by LSEG

** Stock last up 0.6%, trimming YTD losses to 9.7%

($1 = 87.3900 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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** Indian cables and wires makers Polycab India POLC.NS, KEI Industries KEIN.NS and Havells India HVEL.NS plunge 13.7%, 10% and 7%, respectively

** UltraTech Cement said it will spend 18 bln rupees ($206.3 mln) to start wires and cables business

** Analysts at J.P. Morgan see ULTC's move as disruptive for the wires and cables industry as it can lead to increased competition

** The development will likely have a material impact on industry leaders' growth and margins beyond FY27 - HSBC

** Cuts price targets on POLC, HVEL and KEIN by 20%, ~7% and 20%

** POLC, HVEL, KEIN rated "buy" on average - data compiled by LSEG

** POLC hits lowest in nearly 11 months, HVEL at lowest level in a year, while KEIN slides an exchange-allowed maximum

** Year-to-date, POLC, HVEL, KEIN down ~21%, ~8% and 14%

($1 = 87.2530 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Bhagyanagar India BHIL.NS climb as much as 16.03% to 88.39 rupees, eyes best day in nearly three months

** BHIL got order for development of 53 megawatts solar power project in Maharashtra state

** Total investment of project at 2.45 billion rupees ($28 mln)

** Stock eyes busiest trading session in over a month, volumes at 3.7x the 30-day avg

** BHIL was up 1% before the announcement

** BHIL last up 8.2%; shares down ~21% YTD

($1 = 87.1550 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Jagsonpal Pharmaceuticals JGSN.NS slide as much 4.4% to 210.03 rupees, last down 1.1%

** Drugmaker gets U.S. FDA warning letter related to drug listing, establishment registration after plant inspection

** Co estimates sales hit worth 35 mln rupees ($403,960) so far in current fiscal year

** Stock down 10% YTD, it logged five straight years of gains till 2024

($1 = 86.6420 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Adani Energy Solutions ADAI.NS up 0.63%, after rising as much as 2.6% earlier in the session

** Brokerage Elara Capital initiates the stock with "buy" and price target of 930 rupees - a 37% premium on last close

** ADAI is set to post robust growth in transmission, distribution and smart meters businesses over the next few years - Elara

** Adds, transmission segment EBITDA will likely double by FY27, driven by India's renewable energy targets and co's healthy projects pipeline

** Says co dominates smart meters sector with 17% market share and will sustain EBITDA margin of 85% in the segment

** Avg rating of four brokerages, excluding Elara is a "strong buy" with median PT at 1,291 rupees - LSEG data

(Reporting by Manvi Pant in Bengaluru)

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** Shares of travel firm Thomas Cook THOM.NS gain 5.7% to 126.23 rupees

** THOM, with group company STOC Travel, signed a deal with Korea Tourism Organisation

** We aim to enhance engagement for South Korea as a premier travel destination for Indian travellers, Korea Tourism executive said

** Year-to-date, THOM down ~36%, peers Yatra Online YATR.NS and Easy Trip Planners EASM.NS fall 32%, 20%

(Reporting by Manvi Pant in Bengaluru)

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** Indian IT exporter Hexaware Technologies HEXW.NS climbs 9.5% on its first day of trading

** Stock opened at 745.5 rupees, 5.3% higher than IPO price of 708 rupees

** Its $1 bln IPO was subscribed by 2.66 times; portion set aside for institutional investors subscribed 9.09 times

** Anchor investors bought shares worth 25.98 bln rupees ($299 mln) ahead of bids on February 11

** IPO consisted of existing shareholder CA Magnum Holdings, affiliate of Carlyle Group CG.O, offloading 87.5 bln rupees worth shares

** Public offering did not include fresh issue of shares

** At current levels, stock valued at 470.36 billion rupees ($5.41 billion) vs target valuation of $4.96 billion

($1 = 86.9040 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of ABB India ABB.NS climb 3.9% to 5,447.6 rupees; on track to snap three-session losing streak

** Engineering solutions firm's Q4 profit jumped ~56% y/y on strong demand in its electrification and motion businesses

** The segments contribute 78% of total rev, which grew 22% y/y

** Co also recommended a final dividend of 33.5 rupees

** Over 930,000 shares traded, 2.4x the 30-day avg

** Peers Siemens SIEM.NS, Cummins India CUMM.NS also reported higher quarterly profit earlier in the month

** ABB, SIEM, CUMM rated "hold" on avg - data compiled by LSEG

** Year-to-date, ABB, SIEM, CUMM down 21%, 25%, ~18%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of construction equipment maker Ajax Engineering AJAX.NS slide as much as 10% in trading debut

** Stock trims some losses to trade 6.5% lower than IPO price of 629 rupees

** Stock had opened at 576 rupees, about 8.4% lower than IPO price

** Benchmark Nifty 50 .NSEI down 0.57%

** AJAX IPO consists of 20.18 mln shares under offer for sale from existing shareholders, including private-equity firm Kedaara Capital

** The public offering did not include fresh issue of shares

** Co raised 57.37 bln rupees ($661.4 mln) in IPO, which was subscribed 6.5 times by close of bids on Feb. 12

** Anchor investors bought shares worth 3.79 bln rupees ahead of bidding day on Feb. 7

** At current levels, AJAX is valued at $771.16 mln

($1 = 86.7400 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** India's Nifty Energy index .NIFTYENR and Nifty Oil & Gas .NIFOILGAS trade down 1.1% and 1.3%, respectively

** Both have dropped 5.7% and 4.9%, respectively, in the past four sessions amid a broader sell-off in markets, with the benchmark Nifty 50 .NSEI down 2.6% during the same period .BO

** Heavyweights Reliance Industries RELI.NS and ONGC ONGC.NS down 3.4% and 8.7%, respectively, during the period

** Concerns over global trade war after U.S. President Donald Trump said on Sunday he would impose reciprocal tariffs on several nations continue to rattle Indian stocks

** Oil India OILI.NS has dropped ~3% since February 10 on missing Q3 profit estimates; Gujarat Gas GGAS.NS down 13% since February 6 after lower Q3 results and as analysts flagged headwinds

** Eleven of 13-major sectoral indexes are trading in red on the day

** Year-to-date, NIFTYENR, NIFOILGAS, NSEI have lost 11.5%, 7% and 3%, respectively

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Amara Raja Energy & Mobility AMAR.NS falls 3.4% to 997.7 rupees

** Co on Sunday reported drop in Q3 EBITDA margin to 12.4% from year-ago 15%

** Post earnings call, Morgan Stanley says battery maker's management seeing continued margin headwinds in Q4 from currency depreciation, fuel purchase agreements

** J.P. Morgan lowers valuation of co's cell business from 278 rupees/share to 199 rupees/share on delay in co's gigafactory commissioning

** Motilal Oswal cautious about potential returns from co's lithium-ion initiative

** At least six brokerages, including J.P. Morgan and Motilal Oswal, cut PT after earnings call - LSEG

** Stock rated "hold" on avg

** AMAR down ~17% YTD

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Oil India OILI.NS drop 4.1% to 407.45 rupees

** State-run explorer on Friday posted Q3 profit below estimates on lower realisations

** At least five brokerages cut PT on stock post results, with mean price target of 17 brokerages falling to 600.71 rupees from 620.18 earlier - LSEG data

** Stock top pct loser on Nifty energy index .NIFTYENR, which is down 1.7%

** OILI rated "buy" on avg, same as peer ONGC ONGC.NS - LSEG data

** OILI up 1.7% YTD vs ~8% loss in NIFTYENR

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Hero MotoCorp HROM.NS gains as much as 2.1% to 4,319.95 rupees in early trade, last up ~1%

** HROM's Q3 profit beat estimates on higher sales of mid-level models such as the "Xtreme 125R"

** India's top motorcycle maker by volumes declares dividend of 100 rupees ($1.14)/share

** Rivals TVS Motor TVSM.NS, Bajaj Auto BAJA.NS reported profit misses, but analysts cheered exports, margin outlook

** HROM, TVSM, BAJA rated "buy" on avg - LSEG

** HROM down 2.5% so far this week

($1 = 87.4710 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))