Stocks in News: MPHASIS, HCLTECH, HYUNDAI, MASTEK, TCS, PARASDEFENCE, PFC, NTPC, ICICIBNK, JETAIRWAYS, SBI
MUMBAI, 17 JUNE
Mphasis: Company has entered into a strategic partnership with Sixfold to enhance insurance underwriting capabilities through the integration of Sixfold’s advanced AI platform. (Positive)
HCL Tech: Europe’s E.ON partners with the company to accelerate product-based transformation. (Positive)
Hyundai Motor: Company announced the successful commencement of Passenger Vehicle Engine production at its Talegaon Plant in Maharashtra, effective June 16, 2025. (Positive)
Mastek: Company announced it has secured a contract from NHS England to deliver cybersecurity training in collaboration with Templar Executives. (Positive)
Hikal Ltd: Company announced that its Jigani unit in Bengaluru, Karnataka, has successfully passed the Brazilian Health Regulatory Agency’s GMP audit for Pharmaceutical Inputs. (Positive)
Marine Electricals (India): Company Receives Rs 57.1 million Order from Indian Navy (Positive)
TCS: Company says, Council of Europe Development Bank partners with company to transform reconciliation processes (Positive)
Neopolitan Pizza: Company Signs Strategic Franchise Development Agreement with Regional to Global Consultancy Services LLP. (Positive)
Z-Tech: Company announced receiving a significant work order from SPS Construction India Pvt. Ltd for the upgradation and four laning of the Haridwar Bypass Package-1 in Uttarakhand.. (Positive)
Paras Defence: ICRA reaffirmed its ratings for long-term and short-term facilities. The outlook changed from “Stable” to “Positive”. (Positive)
Tanla Platforms: Board approved buyback of 1.49% share capital at Rs 875 per share, aggregating Rs 175 Crore. (Positive)
Zee Ent: Board raises Rs 2,237 crore via warrant issue to promoter entities. (Positive)
Prostram: Company to set up 30 MW/120 MWh standalone BESS for Bihar State Power Generation Company (Positive)
Godrej Prop: Company acquires aprrox 16-acre land in Upper Kharadi, Pune for an estimated revenue potential of ₹3,100 cr (Positive)
Axis Cades: Indra signs agreement with company to boost production of cutting-edge systems in India. (Positive)
Hikal: The company successfully passed the Brazilian health regulatory agency’s GMP audit for the Jigani manufacturing unit in Bengaluru (Positive)
Thirumalai Chemical: Company is set to consider a preferential issue in its board meeting on June 19. (Positive)
Laxmi Organic: Writ Petition against MSEDCL Dismissed By Bombay High Court (Neutral)
Sah Polymers: Company announced the appointment of Ms. Bhagyashree Mohan Kamble as the Compliance Officer, effective June 16, 2025. (Neutral)
IPCA Laboratories: Company announced the appointment of Dr. Nagaji Ambabhai Vekariya as President – CRD, effective June 16, 2025. (Neutral)
Vishal Mega Mart: Block deal launched to sell 10% stake in co by Kedaara Capital (Samayat Svcs), Floor price for block deal at Rs 110 per share. (Neutral)
McLeod Russel India: Company announced the appointment of Mr. Ritwik Palchoudhuri as Head of Marketing, effective June 16, 2025. (Neutral)
Power Finance Corporation Ltd: Company announced the incorporation of Saswad Transmission for the development of a 400/220 kV transmission system in Saswad, Maharashtra. (Neutral)
NTPC: Company to consider fund raising up to ₹18,000 crore via bonds on June 21. (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)
Macrotech Developers: Government approves change in name of company to Lodha Developers. (Neutral)
ICICI Bank:RBI approves reappointment of Sandeep Batra as executive director of the bank for 2 years w.e.f. December 23, 2025. (Neutral)
Sona BLW: Board will meet in due course to elect a new chairman of the board (Neutral)
JSPL: Board approves change in company’s name from ‘Jindal Steel & Power Limited’ to ‘Jindal Steel Limited’. (Neutral)
Bata: Group appoints Panos Mytaros as its new Global Chief Executive Officer w.e.f. September 15, 2025 (Neutral)
Biocon: Company launches ₹4,500 crore QIP, sets floor price at ₹340.20/share (Neutral)
Jet Airways: In a view of the ongoing liquidation proceedings, financial statements for FY24 & FY25 are yet to be finalised. (Neutral)
Asian Paints: ICICI Prudential Mutual Fund buys 85 lakh shares (0.9% eq) of Asian Paints For ₹1,876 Crore (Neutral)
State Bank of India: Shareholders approved raising funds in the current fiscal. The board proposed to raise $3 billion. (Neutral)
Stocks included in ST-ASM: Dynamic Cables, Oriana Power, Servotech Renewable Power System. (Neutral)
Stocks excluded in ST-ASM: IFGL. (Neutral)
Stocks included in ST-ASM: TCI Finance. (Neutral)
Stocks included in LT-ASM: Lumax Auto. (Neutral)
Price Band change from 10% to 5%: Black Box, BLS E-Services, Camlin Fine, Godavari Bio, Suven Life. (Neutral)
Price Band change from 20% to 5%: Bajel Projects, Balu Forge, Centrum Capital, HCC, Inox Green, Interarch, Ramco Systems, Reliance Power, Schneider, Shilpa Medicare, SKM Egg, Subex, Tata Teleservices (Neutral)
Hindustan Zinc: Ex-Date today, Dividend Rs 10.0/Sh (Neutral)
eMudhra Ltd: Ex-Date tomorrow, Dividend Rs 1.25/Sh (Neutral)
Sarla Performance Fibers: Ex-Date tomorrow, Dividend Rs 3.0/Sh (Neutral)
ONGC: Gas leak continues for 5th day in Assam oil well. (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.)
