Stocks in News: TATAMOTORS, YESBANK, VEDANTA, SPICEJET, IOLCHEM, INDUSIND, NTPC, ITC, IREDA, ZYDUS, LIPIN
MUMBAI, 16 JUNE:
Syngene: US FDA Issues zero observations for unit at Semicon Park, Bengaluru. (Positive)
Arkade Developers: Company announced its strategic entry into the Thane real estate market with a 6.28-acre land acquisition. (Positive)
Birla Corporation: Company announced it has been declared the ‘Preferred Bidder’ by the Government of Rajasthan for the Limestone Block (Positive)
Tata Motors: Moody’s Credit Ratings Has Upgraded JLR Plc to BA1/Positive from BA2/Positive. (Positive)
YES Bank: Moody’s Ratings Upgrades Yes Bank to BA2 from BA3; Changes Outlook to Stable. (Positive)
Vedanta: Company Board Meeting on June 18 to Consider First Interim Dividend (Positive)
Lemon Tree Hotels: Company Inks License Agreement for Lemon Tree Hotel in Itanagar, Arunachal Pradesh (Positive)
Almondz Global: Company announced that its wholly-owned subsidiary has received an order from the Uttar Pradesh Expressways Industrial Development Authority. Order value is approximately Rs 14.2 Cr. (Positive)
Ram Ratna: Company announced that its new manufacturing facility in Bhiwadi, Rajasthan, has begun commercial production today, June 13, 2025. (Positive)
Ujaas Energy Ltd: Company announced an agreement to sell a factory shed located in Indore, MP. The sale, expected to complete by Aug 12, 2025. (Positive)
Oil upstream stocks: Oil prices climb as Israel-Iran conflict intensifies, with no signs of a ceasefire in sight. (Positive)
Dhruv Consultancy: Company has been allotted projects by UPEIDA for expressway development (Positive)
Wonderla: Company launches Bangalore’s Newest Boutique Premium Aqua-Retreat, ‘The Isle by Wonderla’ (Positive)
JWL: Acuite Rating has upgraded the Credit ratings to the long term and short term bank facilities (Positive)
Spice Jet: Posts record ₹319 crore profit; FY25 marks first annual gain in 7 years. (Positive)
Sterlite Technologies: Promoter Ankit Agarwal bought 2.58 lakh shares. Promoter Pravin Agarwal bought 7.35 lakh shares. (Positive)
Jindal Stainless: Promoter JSL Overseas Holding bought 7.9 lakh shares. (Positive)
Man Infraconstruction: Promoter Parag K. Shah bought 1.24 lakh shares. (Positive)
IOL Chemicals: Company’s product Acetic Anhydride has been registered with REACH in accordance with EU REACH regulation on chemicals and their safe use. (Positive)
IndusInd Bank: RBI approved the reappointment of Chokshi & Chokshi and the appointment of Borkar and Muzumdar as Joint Statutory Auditors. (Positive)
Srivasavi Adhesive: Company acquired machinery worth Rs 2.58 Cr through a bank auction on June 13, 2025. (Neutral)
Natco Pharma: US FDA completed an inspection at its Mekaguda, Hyderabad API plant from June 9-13, 2025. Received 1 observation in Form-483, considered procedural. (Neutral)
Eicher Motors: Company says, Chief Program Manager Simon Warburton has decided to retire w.e.f. June 13, 2025 (Neutral)
NTPC: Company will issue unsecured non-convertible debentures of Rs 4,000 crores on June 17, 2025, via private placement at a 6.89% coupon rate, maturing on June 18, 2035.. (Neutral)
JK Tyre: Company announced the appointment of Mr. Sylvain Gabriel Denis Sagot as Director – Quality, effective immediately. (Neutral)
Aplab Limited: Company extended the closing date of its Rights Issue from June 20, 2025, to July 03, 2025. (Neutral)
Vadilal Industries: Company announced the appointment of Mr. Shivakumar Dega as Chairman of the Board of Directors. (Neutral)
Sun Pharma: Company appoints Kirti Ganorkar as Managing Director for 5 years w.e.f. September 1, 2025. Dilip Shanghvi to continue as the Executive Chairman of the board (Neutral)
Syrma SGS: India Ratings & Research (Ind-Ra) assigned a rating of ‘IND A1+’ for the ₹1.1 billion Commercial Paper Program (Neutral)
Balaji Telefilms: Company received a certified order from the NCLT, sanctioning the Scheme of Arrangement between Alt Digital Media, Marinating Films and Balaji Telefilms Limited. (Neutral)
ITC: Company completes acquisition of 100% stake of Sresta Natural Bioproducts for ₹400 crore (Neutral)
IREDA: Application against Gensol EV Lease admitted to NCLT for Corporate Insolvency Resolution Process. (Neutral)
City Union Bank: CEO says NIM pressure short-term, FY26 margin guidance intact despite rate cuts (Neutral)
Natco Pharma: Company received 1 Form 483 observations from USFDA for Hyderabad plant (Neutral)
Adani Ports: Haifa port in Israel unharmed by the Iranian ballistic missile attack, with cargo operations progressing unhampered. (Neutral)
Adani Ent: Company has incorporated a wholly owned subsidiary namely “Astraan Defence Limited” (Neutral)
Nazara Technologies: Jhunjhunwala sold 13 lakh shares at Rs 1,225.19 per share. (Neutral)
Scoda Tubes: Morgan Stanley Asia Singapore sell 4.2 lakh shares (0.7%) at Rs 181.42 apiece. (Neutral)
Stocks included in ST-ASM: Dynamic Cables, Oriana Power, Servotech Renewable Power System. (Neutral)
Stocks excluded in ST-ASM: Zen technologies. (Neutral)
Price Band change from 10% to 5%: TCI Finance (Neutral)
Price Band change from 20% to 5%: Exxaro, Liberty shoes (Neutral)
Shankara Building: Ex-Date tomorrow, Dividend Rs 3.0/Sh (Neutral)
Hindustan Zinc: Ex-Date tomorrow, Dividend Rs 10.0/Sh (Neutral)
Bajaj Finance: Ex-Date today, Stock Split from Rs.2/- to Rs.1/- and Bonus issue 4:1. Total 10 shares against 1 share held (Neutral)
Honeywell Automation India Ltd: Ex-Date today, Dividend Rs 105.0/Sh (Neutral)
Tata Technologies Ltd: Ex-Date today, Dividend Rs 11.7/Sh (Neutral)
Nuvoco: Company Says West Bengal Notifies Revocation of Incentive Schemes Act 2025, Revocation Act Impacts Incentives of Rs 4.27 billion and 3 billion, Company Files Writ Petition against Revocation Act. (Neutral)
Sun Pharma: US FDA Issues Form 483 with 8 Observations for Sun Pharma’s Halol Facility. (Negative)
Zydus/Lupin: US Court sides with Astellas in patent dispute, Companies launched the generic version of Myrbetriq at risk in April 2025. (Negative)
Ramakrishna Forging: Board meeting revealed a Rs. 22,052.43 Lakhs inventory overstatement for FY 2024-25, reducing net worth by 6.73%. (Negative)
(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)
(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)
