Stock Market Updates ✅
June 9, 2025 at 03:17 AM
*India Daybook – Stocks in News* *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 (4x250 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,
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