Stocks in News: V2RETAIL, NESTLE, CSBBANK, PNB, LCCINFO, HINDZINC, RVNL, INDIGO, MTNL, YESBANK, BIOCON, AXISBANK
MUMBAI, 3 JULY:
V2 Retail: During Q1, standalone revenue stood at Rs 628 crore, up 51% year-on-year from Rs 415 crore (Positive)
Bazar Style Retail: Standalone revenue grew 37% YoY to ₹3,777 Mn. (Positive)
Nestle India: Company adds a new Maggi Noodles production line has been added at Sanand Factory, Gujarat with an investment of Rs 105 crore. (Positive)
CSB Bank: Total deposits up 20% at ₹35,990 cr vs ₹29,920 cr (YoY) (Positive)
AIA Engineering: Company Says Brazil Reduces Countervailing Duty on Indian Grinding Media to 2.90% (Positive)
Sayaji Industries: Company announced the completion of a 4.5 MW solar plant installation at Mithi Paldi, Gujarat. (Positive)
Pavna Industries: Company announced a stock split, dividing each existing share with a face value of Rs 10 into 10 shares with a face value of Rs 1 each. (Positive)
Aurobindo Pharma: Company Arm gets marketing authorization from the European commission for Dazublys. (Positive)
Active clothing: Company enters in agreement with Ningbo cixing co. To launch India’s first futuristic smart knitting factory. (Positive)
Tiger Logistics: Approved listing of company on NSE mainboard (Positive)
Avenue Supermarts: Company Standalone Revenue for Q1 FY 2025-26 at Rs 159.32 billion Vs 137 billion (YoY) (Positive)
Indian Bank: Total business reached ₹13.44L Cr, up 10.2% YoY. (Positive)
PNB: Global business increased by 11.6%, Domestic business rose by 11.1% YoY. (Positive)
Kalyani Cast: Company announced its highest-ever quarterly turnover for the quarter ended June 30, 2025. (Positive)
Escorts Kubota: Company launched a new pick-and-carry crane, ‘Hydra 12’, in the construction equipment segment. (Positive)
Shakti Pumps: Board approves QIP to raise funds, Floor price of ₹965.96 is 2.3% premium to Wednesday’s close (Positive)
Lehar footwears: Company to commence commercial production of new footwear unit in Haryana from July 10, 2025. (Positive)
Coromandel international: Company has received approval from cci on July 1, 2025, for its proposed acquisition of a 53.13% stake in NACL industries (Neutral)
Best Agrolife Ltd: Company announced the appointment of Mr. Surendra Sai Nallamalli as Additional and Whole-Time Director. (Neutral)
LCC Infotech: Company announced the resignation of Mr. Sidharth Lakhotia as Whole Time Director, effective July 2, 2025. (Neutral)
Scan Projects Ltd: Company announced the appointment of Mr. Sunil Chandra as Managing Director and CFO, effective July 2, 2025. (Neutral)
JM Financial: Company acquires 2.98% stake in JM Financial Credit Solutions for ₹88.97 Cr from Moraine Master Fund LP. (Neutral)
Gufic BioSciences: Company announced the appointment of Mr. Rajesh Kaul as Senior President – Sparsh Cluster, effective July 4, 2025. (Neutral)
IndoStar Capital Finance Ltd: Company announced that Ms. Priya Prasad, Chief Human Resource Officer, has resigned. (Neutral)
Cropster Agro Limited: Company announced the resignation of Ms. Reetu Bansal from the post of Company Secretary & Compliance Officer. (Neutral)
Indian Bank: Bank cuts MCLR by 5 bps for most tenures effective July 3, 2025. (Neutral)
Hindustan Zinc: Q1 Update, Mined Metal Production At 265 kt, Up 1% YoY & Down 15% QoQ, Saleable Metal Production At 250 kt, Down 5% YoY & Down 7% QoQ. (Neutral)
RVNL: Company appoints Chandan Kumar Verma as Chief Financial Officer w.e.f. July 2. (Neutral)
Max Financial: Arm Axis Max Life Insurance has received communication from anonymous sender claiming unauthorized access to certain customer data. (Neutral)
IndiGo: Company launches direct flights between Mumbai and Amsterdam. (Neutral)
Adani Energy: Amiya Chandra resigns as non-executive & independent director. (Neutral)
MTNL: Employees stage protest; urge DoT for intervention (Neutral)
Nykaa: Banga family looks to sell $150 million stake in Nykaa via Block deals. (Neutral)
AU Small Bank: Appoints two independent directors onto board, sets Mumbai as growth hub. (Neutral)
Lloyds Metals: Company acquires nearly 80% stake in Thriveni Earthmovers for an aggregate consideration of Rs 70 crore. (Neutral)
Yes Bank: Announces the resignation of Mr. Pankaj Sharma, Chief Strategy and Transformation Officer. (Neutral)
Vedanta: NCLT defers approval for Vedanta Demerger to next hearing on August 20. (Neutral)
Indian Overseas Bank: Shareholders approve ₹4,000 crore fundraise plan (Neutral)
M&M FIn: Overall Disbursement Up 1% YoY At ₹12,800 Cr (Neutral)
Raymond Realty: Negen Capital Services bought 3.88 lakh shares at Rs 921 per share. (Neutral)
CFF Fluid control: co to launch fixed price FPI at ₹585 per share from July 9 (Neutral)
Stocks to be included from ST-ASM Framework: Sterlite Tech, Gabriel and Prime focus. (Neutral)
Circuit filter change from 20% to 10%: Gabriel, Prime focus (Neutral)
Circuit filter change from 20% to 5%: Linc (Neutral)
Circuit filter change from 5% to 20%: Siemens Energy (Neutral)
NDR Auto Components: Ex-Date today, Dividend Rs 2.75/Sh (Neutral)
VST Industries: Ex-Date today, Dividend Rs 10.0/Sh (Neutral)
AXIS Bank: Ex-Date tomorrow, Dividend Rs 1.0/Sh (Neutral)
Bharat Forge: Ex-Date tomorrow, Dividend Rs 6.0/Sh (Neutral)
Biocon: Ex-Date tomorrow, Dividend Rs 0.5/Sh (Neutral)
Escorts Kubota: Ex-Date tomorrow, Dividend Rs 18.0/Sh (Neutral)
M&M: Ex-Date tomorrow, Dividend Rs 25.3/Sh (Neutral)
MaxHealth: Ex-Date tomorrow, Dividend Rs 1.5/Sh (Neutral)
Navin Fluorine: Ex-Date tomorrow, Dividend Rs 7.0/Sh (Neutral)
Nestle: Ex-Date tomorrow, Dividend Rs 10.0/Sh (Neutral)
Petronet: Ex-Date tomorrow, Dividend Rs 3.0/Sh (Neutral)
Sona BLW: Ex-Date tomorrow, Dividend Rs 1.6/Sh (Neutral)
Tech M: Ex-Date tomorrow, Dividend Rs 30.0/Sh (Neutral)
Container Corporation: Ex-Date tomorrow, Bonus issue 1:4 (Neutral)
Paras Defence: Ex-Date tomorrow, Stock Split From Rs.10/- to Rs.5/- (Neutral)
TT Ltd: Ex-Date tomorrow, Right issue Ratio 4:27 (Neutral)
Central Bank: Ex-Date tomorrow, Dividend Rs 0.1875 /Sh (Neutral)
Control Print: Ex-Date tomorrow, Dividend Rs 6 /Sh (Neutral)
Dhampur Bio: Ex-Date tomorrow, Dividend Rs 1.25 /Sh (Neutral)
DCB Bank: Ex-Date tomorrow, Dividend Rs 1.35 /Sh (Neutral)
Gloster: Ex-Date tomorrow, Dividend Rs 20 /Sh (Neutral)
Jupiter Life: Ex-Date tomorrow, Dividend Rs 1.0 /Sh (Neutral)
Nippon Life: Ex-Date tomorrow, Dividend Rs 10.0 /Sh (Neutral)
Onward Tech: Ex-Date tomorrow, Dividend Rs 5.0 /Sh (Neutral)
Redington: Ex-Date tomorrow, Dividend Rs 6.8 /Sh (Neutral)
SKF India: Ex-Date tomorrow, Dividend Rs 14.5 /Sh (Neutral)
Supreme Petrochem: Ex-Date tomorrow, Dividend Rs 7.5 /Sh (Neutral)
Thermax: Ex-Date tomorrow, Dividend Rs 14.0 /Sh (Neutral)
Welspun Ent: Ex-Date tomorrow, Dividend Rs 3.0 /Sh (Neutral)
Voltas: Company gets show cause notice & demand order of ₹265.25 crore for short payment of GST for FY19 to FY21. (Negative)
Tata power: Company hit with $498.6 million arbitration award in Kleros dispute, tribunal partially favors Kleros; co reviewing legal options to challenge ruling. (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.)
