Stocks in News: BEL, UPL, GHVINFRA, KEIIND, AZADENG, AFCONS, LUPIN, GRSE, INFY, IEX, NTPC, HINDCOPPER
MUMBAI, 9 JUNE:
Bharat Electronics: Company and Tata Electronics have inked a MoU to advance India’s self-reliance in electronics and semiconductors. (Positive)
UPL: Advanta Seeds Part of UPL Group Brazil to Sell Serra Bonita Assets for $125 million (Positive)
GHV Infra: Company announced receipt of a work order for road construction in Mumbai, Maharashtra from GHV (India) Private Limited, valued at Rs 546 Cr. (Positive)
KEI Industries: Company announced that India Ratings and Research Private Limited has updated its credit ratings, Long-Term Bank Facilities: Upgraded to IND AA+ with Stable outlook. (Positive)
Azad Eng: Nomura picks stake worth Rs 66 crore in a block deal (Positive)
Tata Communications: Company Announces Tgn-Ia2 Subsea Cable Linking Singapore, Hong Kong, Japan to Enhance Connectivity (Positive)
Panorama Studios: Inflight LLP signed a 5-year exclusive Airborne Rights deal for 50 Hindi films with Digital 18 Media (Positive)
Kernex/KEC: Consortium awarded Rs. 182.81 crores contract by Western Railways for KAVACH 4.0 installation. (Positive)
IDFC First Bank: CCI allows Warburg Pincus to acquire up to 10% in Bank. (Positive)
JMG Corp: Company Partners with GERMI for Carbon Credits, ESG Advisory & Biochar Projects (Positive)
Afcons: Company received order worth of Rs 700 crore from Reliance Ind (Positive)
Lupin: Company gets tentative approval from U.S. FDA for Oxcarbazepine ER Tablets (Positive)
Nazara Technologies: Company acquires Smaaash Entertainment, invests Rs 126 crore (Positive)
SEAMEC: Company Secures Rs 18.51 Cr Offshore Vessel Charter Deal with Dubai-Based Mubarak Bridge (Positive)
Indo Borax: Company received an order from the Commissioner of Customs Mumbai, dropping a demand notice for Rs 10.57 Cr (Positive)
Infosys: Company receives closure from GST Intelligence on ₹32,403 crore pre-show cause notice (Positive)
GRSE: Company signs MoUs in Sweden and Denmark to boost marine systems, enter expedition cruise segment (Positive)
NOCIL/ Yasho Ind: India imposes new anti-dumping duties on vitamin and rubber chemical imports from China, Japan, and the EU (Positive)
IEX: Company’s electricity trade volume jumps 14% to 10,946 MU in May (Positive)
Delton Cables: Company announced the commencement of commercial production at its new Plant-III in Palwal, Haryana, and effective June 7, 2025. (Positive)
PNC Infratech: Company bags Rs 239.94 crore flyover project in Rajasthan from PWD. (Positive)
NTPC: Company announced the commercial operation of the first 250 MW unit of Tehri PSP (4×250 MW) by its subsidiary, THDC India Ltd, effective June 7, 2025 (Positive)
NIBE: Company secures Key DRDO Tech for Modular Bridging Systems in India (Positive)
M&M: Production also saw a significant 28% jump, totalling 89,626 units against 70,261 units a year ago. (Positive)
Hindustan Copper/ Rites: Signed MoU to establish a sustainable supply chain for metals and minerals, including critical minerals. (Positive)
RattanIndia Power: Company announced the resignation of Mr. Baliram Ratna Jadhav, Whole-time Director, and effective June 6, 2025. (Neutral)
Punjab National Bank: Bank announced the resignation of Shareholder Director Shri Jatinder Singh Bajaj, effective June 6, 2025. (Neutral)
Bikaji Foods: NCLT Approval of Scheme of Amalgamation of Vindhyawasini Sales with Company. (Neutral)
Manali Petrochemicals: Company appointed Dr. Sundar Saimani as Senior General Manager – Sales & Marketing and R&D, effective June 6, 2025. (Neutral)
Dalmia Bharat: Court Order for Rs 2.36 billion Incentives to company’s unit likely to be affected. (Neutral)
TVS Motor: Company Announces Sudarshan Venu as Chairman of the Company Effective August 25, 2025. (Neutral)
Hyundai Motor: Company has acquired a 26.13% stake in FPEL TN Wind Farm Private Limited. (Neutral)
National Aluminium: Company announced the appointment of Shri Abhay Kumar Behuria as Director (Finance) on its board, effective June 6, 2025. (Neutral)
Asian Paints: Aditya Birla Group’s paints arm files antitrust complaints against company – RTRS (Neutral)
HDFC Bank: Lilavati Kirtilal Mehta Medical Trust calls for immediate suspension and prosecution of Sasidhar Jagdishan, MD & CEO, HDFC Bank: NDTV. (Neutral)
Bajaj Finance: Company Fix June 16 as Record Date for the Sub-Division of Existing Equity Shares and Issue of Bonus Equity Shares of the Company (Neutral)
Medplus Health: Company reports that its subsidiary, Optival Health Solutions, has received suspension orders for drug licenses at three stores due to violations of the Drugs and Cosmetics Act & Rules. (Neutral)
Sunteck Realty: Company announced credit rating actions from India Ratings and Research. The Long Term Issuer Rating and term loans were affirmed, and new ratings were assigned for proposed instruments. (Neutral)
VTM Ltd: Company has set June 11, 2025, as the record date for issuing bonus shares. (Neutral)
Innovative Tyres: Company announced the resignation of Ms. Shweta Sharma, Company Secretary & Compliance Officer, and effective August 4, 2025. (Neutral)
Larsen & Toubro: Company announced a ₹500 crore ESG bond issuance deal, becoming the first Indian corporate to do so under SEBI’s newly introduced ESG and sustainability-linked bond framework. (Neutral)
Suzlon Energy: Promoters of company are reportedly looking to sell a significant stake in company through a series of block deals. (Neutral)
Paytm: Company to Publish Monthly DLG Portfolio Disclosures as per New RBI Norms. (Neutral)
Muthoot Capital: Company to Consider Issuance of Non-Convertible Debentures on June 11 (Neutral)
J K Cement: Company Paid Rs 1.50 billion for 60% Stake in SAIFCO (Neutral)
LIC: Managing Director Sat Pal Bhanoo has been entrusted with the financial & administrative powers and functions of LIC’s CEO & MD for 3 months (Neutral)
MCX: Company Receives SEBI Approval to Launch Electricity Derivatives (Neutral)
RBL Bank: Oxbow Master Fund sold 38.7 lakh shares at Rs 210.34 per share. (Neutral)
Tata Motors: Company rolls out AC cabins, cowls across full truck range (Neutral)
Nelco Ltd: Ex-Date today, Dividend Rs 1.0/Sh (Neutral)
Asian Paints Ltd: Ex-Date tomorrow, Dividend Rs 20.55/Sh (Neutral)
Indian Bank: Ex-Date tomorrow, Dividend Rs 16.25/Sh (Neutral)
Johnson Controls: Ex-Date tomorrow, Dividend Rs 15.0/Sh (Neutral)
Tata Investment: Ex-Date tomorrow, Dividend Rs 27.0/Sh (Neutral)
Vesuvius India Ltd: Ex-Date tomorrow, stock split from Rs.10/- to Rs.1/- (Neutral)
VIP Industries: Jiaxing Bianca travel goods company files a commercial suit against the company in Bombay Civil Court. (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.)
