Stock Market Updates ✅
June 12, 2025 at 02:23 AM
*India Daybook – Stocks in News* *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.
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