
RASHI INVEST | Stock Market | Current News
June 12, 2025 at 03:32 AM
The Market Outlook:
*🌹🇮🇳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. 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)