Stocks in News: zyduslife, cyient, gail, nibe, railtel, lemontree, hindcopper, bcl, hpcl, maruti, wipro, ntpc, mcx
Mumbai, 12 June:
Zydus Life: Company gets establishment inspection report (EIR) from US FDA for Ankleshwar-based API manufacturing facility. EIR indicates closure of inspection (Positive)
Sterlite Technologies: Company signs agreement with Bharat Sanchar Nigam Limited (BSNL) for Rs 2,631.14 cr telecom project under BharatNet for Jammu & Kashmir and Ladakh Telecom Circles (Positive)
Tanla Platforms: Company to Consider Buyback of Equity Shares on June 16. (Positive)
Cyient: Cyient Foundation and Aicte Sign MOU to Build Innovation Cluster In Visakhapatnam (Positive)
Marine Electricals: Company announced new orders worth Rs 60.44 Cr (Positive)
HG Infra Engineering: Company Declared As the Lowest Bidder for ERGS-I Project In Odisha. (Positive)
Gail: Fitch Sees High Capex, Shareholder Returns to Raise Co’s Ebitda Net Leverage To 1.5x In 2 Years. (Positive)
MOS Utility: Company Board Approved Sub Division of Equity Shares In the Ratio of 1:1, Company Board Approved Issue of 808,455 Shares at 290/Share on Preferential Basis. (Positive)
SEPC: Company Receives Loa from Parmeshi Urja Ltd, Kolkata, For the Engineering, Procurement, and Construction (EPC) Of a 133 Mw Ac Solar Power Project. (Positive)
NIBE: Company gets purchase order worth Rs 23.33 crore from infra & defence company for supply of Armor Plate MIL12560 (Positive)
Railtel Corporation: Company Receives Work Order worth Rs 119.5 Million from South Eastern Coalfields Ltd. (Positive)
Zee Entertainment: Company Board Meeting Scheduled For June 16 To Discuss Risk Mitigation And Fund Raising Options With Investment Banker To Review Company’s Business Plan. (Positive)
FMCG Stocks: Government reduces Basic Custom duty (BCD) on major imported crude edible oils from 20% to 10%. (Positive)
PNGS Gargi Fashion: B2C revenue growth is expected to outperform the industry average growth rate by big margin (Positive)
Waaree Energies: Company announced that it has signed a Power Purchase Agreement (PPA) with Rewa Ultra Mega Solar Limited. (Positive)
Adani Group: Adani Group announces India’s biggest private capex plan, investing $100 billion over the next six years. (Positive)
Oil upstream companies: Brent Crude crosses $70 mark as geopolitical tensions rise, US pulls embassy staff from Middle East (Positive)
Kellton: Board meet on June 14 to consider stock split and raising of funds via private placement, preferential issue, or qualified institutions placement by issuing equity shares (Positive)
Lemon Tree: Company signs license agreement for 72-room ‘lemon tree premier’ in Madhya Pradesh, to be managed by unit carnation hotels (Positive)
Artemis Medicare: Company will enter an MOU with Dr. Vidya Sagar Kaushalya Devi Memorial Health Centre. Upon MSA execution, Artemis will operate and manage VIMHANS hospital in New Delhi. (Neutral)
National Aluminium: Company announced the appointment of Shri Abhay Kumar Behuria as Director (Finance) (Neutral)
Aavas Financiers: CARE Ratings has reaffirmed the credit ratings for Aavas Financiers Ltd. (Neutral)
Kabra Jewels: Company announced the opening of its 7th showroom in Ahmedabad, located on Science City Road. (Neutral)
Hindustan Copper: Company Targets Capital Expenditure of Rs 20 Billion in Next 5-6 Years. (Neutral)
KEC International: Company announced the resignation of Mr. Milind Apte, Chief Human Resources Officer. (Neutral)
BCL Industries: Company Approves Acquisition of Shares of Pioneer Industries, Shareholding in Pioneer Increased To 19.57% From 4.36%. (Neutral)
Hindustan Petroleum Corporation: Company announced a final dividend of Rs 10.50 per share for FY24-25. (Neutral)
GMM Pfaudler: Company completes acquisition of 51% stake in GMM Inox, Poland (Neutral)
Maruti: NCLT approves first motion application of the scheme of amalgamation of arm Suzuki Motor Gujarat into & with the company (Neutral)
Oracle Financial Services: Company announced the appointment of Mr. Nian Nian Yuan as an Additional Director, effective June 11, 2025. (Neutral)
Dollex Agrotech: Company announced the allotment of 14,980,800 equity shares at ₹33 each through a rights issue. (Neutral)
Wipro Ltd: Hon’ble NCLT approved the merger scheme of its wholly-owned subsidiaries. (Neutral)
City Union Bank: To raise funds up to ₹500 crore via QIP route. (Neutral)
Indian Overseas Bank: Revises its repo-linked lending rate to 8.35% from 8.85%. (Neutral)
Nazara tech: Axana Estates LLP, Plutus Wealth Management and Junomoneta Finsol to acquire 26% in Nazara Tech for 2,384 crore. Open offer price set at Rs 990 per share (Neutral)
Shankara Building: Ohana India Growth Fund bought 2.49 lakh shares at Rs 1028. 89 per share (Neutral)
Deccan Gold Mines: Rama Mines Mauritius Limited sold 1.42 lakh shares. (Neutral)
NTPC: Company raises $750 million via ECB. (Neutral)
HUL: Company receives NCLT approval to convene shareholder meeting for ice cream business demerger into a newly incorporated subsidiary, Kwality wall (Neutral)
Stocks included in ST-ASM: RattanIndia Power, Quality Power, GOCL Corporation, Orient Bell. (Neutral)
Price Band change from 10% to 5%: Aartech Solonics, Focus Lighting (Neutral)
ACC: Ex-Date tomorrow, Dividend Rs 7.5/Sh (Neutral)
Adani Ent: Ex-Date tomorrow, Dividend Rs 1.3/Sh (Neutral)
Adani Ports: Ex-Date tomorrow, Dividend Rs 7.0/Sh (Neutral)
Canara Bank: Ex-Date tomorrow, Dividend Rs 4.0/Sh (Neutral)
Piramal Enterprises Ltd: Ex-Date tomorrow, Dividend Rs 11.0/Sh (Neutral)
Power Finance Corporation Ltd: Ex-Date tomorrow, Dividend Rs 2.05/Sh (Neutral)
Adani Total: Ex-Date tomorrow, Dividend Rs 0.25/Sh (Neutral)
Eimco Elecon (India) Ltd: Ex-Date tomorrow, Dividend Rs 5.0/Sh (Neutral)
Elecon: Ex-Date tomorrow, Dividend Rs 1.5/Sh (Neutral)
Sharda Motor Industries Ltd: Ex-Date tomorrow, Dividend Rs 32.5/Sh (Neutral)
Indegene Ltd: Ex-Date tomorrow, Dividend Rs 2.0/Sh (Neutral)
JM Fin: Ex-Date tomorrow, Dividend Rs 2.7/Sh (Neutral)
BCPL: Ex-Date tomorrow, Dividend Rs 1.0/Sh (Neutral)
Apcotex: Ex-Date tomorrow, Dividend Rs 4.5/Sh (Neutral)
IFL Enterprises Ltd: Ex-Date tomorrow, Right Issue ratio 1:1 (Neutral)
Vimta Labs: Ex-Date tomorrow, Bonus shares ratio 1:1 (Neutral)
Trent: Ex-Date today, Dividend Rs 5.0/Sh (Neutral)
ICICI Prudential Life Insurance: Ex-Date today, Dividend Rs 0.85/Sh (Neutral)
Tata Chemicals: Ex-Date today, Dividend Rs 11.0/Sh (Neutral)
JK Lakshmi: Ex-Date today, Dividend Rs 6.5/Sh (Neutral)
Avantel: Ex-Date today, Dividend Rs 0.2/Sh (Neutral)
Ethos: Ex-Date today, Right Issue of 4 Rights Equity Shares for every 43 fully paid-up Equity Shares (Neutral)
MCX: NSE gets SEBI approval to launch monthly electricity futures contract. (Negative)
Astrazeneca: AstraZeneca Plc affiliate suffered a greater than $180 million court loss. (Negative)
Deepak Fertilizer: Fire incident at Iran’s Busher Petrochemical Hub-Methanol prices expected to go up. (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.)
