
Eagle Eye Network
February 6, 2025 at 02:46 PM
*CLOSING BELL*
Date: 6-Feb-2025
📍 *Order Wins*
- *Sathlokhar Synergys E&C* wins ₹40.5 crore order from Muthiah Beverage and Confectionery.
- *JNK India* wins up to ₹50 crore order for equipment supply to Pengerang Biorefinery project in Malaysia.
- *Atmastco* wins ₹55.22 crore order from Megha Engineering for HPCL Rajasthan Refinery's Polypropylene Unit.
- *Meson Valves India* wins ₹31.61 crore order for industrial sectors including oil & gas, power, and steel.
- *HG Infra* and *D.E.C. Infrastructure* win ₹2,469 crore order from Rail Land Development Authority (RLDA).
📍 *Acquisitions*
- *Trent* approves the sale of 1.75 lakh equity shares (49% stake) in Massimo Dutti India to Grupo Massimo Dutti, Spain, for ₹20.75 crore.
- *Sun TV* wins GBP 100.5 million bid for 100% equity in Northern Superchargers Ltd, a franchisee of The Hundred cricket league.
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📍 *Leadership Changes*
- *Zomato* CEO announces the renaming of the company to "Eternal Ltd." while maintaining brand names for services like Zomato, Blinkit, etc.
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📍 *New Projects*
- *HG Infra* incorporates a wholly owned subsidiary, H.G. Gujarat Bess Pvt Ltd, for Battery Energy Storage projects.
- *EaseMyTrip* and Sabah Tourism Board sign an MoC to boost Sabah’s visibility among Indian travelers.
- *NTPC Green* forms a 50:50 JV with Andhra Pradesh to develop renewable energy projects and green hydrogen production.
- *Kaushalya Logistics* expands with a new depot in Kurukshetra, Haryana, under Adani Cement.
- *Tata Power* resumes power supply from its Trombay Unit 5, supplying 500 MW to Mumbai.
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📍 *Miscellaneous*
- *Adani Enterprises* plans ₹30,000 crore capex for FY25, down from an earlier guidance of ₹80,000 crore.
- *Kalyan Jewellers* creates an additional pledge in favor of KJG Consulting for NCD issuance, increasing the pledge to 10.73%.
- *Godavari Power* receives approval from the Chhattisgarh Environment Conservation Board to increase Sponge Iron capacity from 495,000 to 594,000 MT per annum.
- UP Alcohol Price to rise from April 1 as per the new excise policy, with liquor shop allotments via e-lottery for FY56.
- *MTAR Technologies* secures ₹200 crore in orders across clean energy, nuclear, aerospace, and space sectors.
- *MTNL* has its credit facilities classified as Non-Performing Assets (NPA) by Indian Overseas Bank.
- *Uday Kotak* and family buy a ₹202 crore residential property at Mumbai’s Worli Seaface.
- *Ester Industries* expects sustained profitability improvement in packaging through better product mix and operating leverage.
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📍 *Collaboration*
- *Eicher Motors* introduces the limited edition Royal Enfield Shotgun 650 in collaboration with ICON Motors.
- *IndiGo* signs a damp lease agreement with Norse Atlantic Airways for a wide-body aircraft.
- *Zomato* signs MoC with Sabah Tourism Board to enhance visibility among Indian travelers.
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📍 *Fundraising*
- *Kaushalya Logistics* expands operations with a new depot in Kurukshetra, Haryana.
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📍 *New Product Launches*
- *Eicher Motors* launches the limited edition Royal Enfield Shotgun 650.
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📍 *Other*
- *Voltas* to challenge the court order for the encashment of Bank Guarantees (BGs), with a payment of QAR 166 million.
- *Zomato* announces a corporate name change to "Eternal Ltd." while continuing to operate under brand names like Zomato, Blinkit, etc.
- *Allied Digital* receives a Letter of Award for the upgradation and modernization of MSETCL’s network using SD-WAN.
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📍 *Regulatory Updates*
- *Godavari Power* receives final approval from the Chhattisgarh Environment Conservation Board for the capacity expansion of its Sponge Iron Division.