
RASHI INVEST | Stock Market | Current News
June 13, 2025 at 03:01 AM
The Market Outlook:
*🌹🇮🇳India Daybook – Stocks in News*
*Crompton Greaves:* Received letter of award worth Rs 101 crore for commissioning of 4500 Off-grid Solar project from Maharashtra Energy Body. (Positive)
*TVS Srichakra:* Eurogrip Tyres Partners with Honda Taiwan Officially Integrated Into Honda Taiwan’s After-Sales Service Network. (Positive)
*Sterling & Wilson Renewable:* Sterling's long-term bank facilities are rated IVR BBB+/Stable by Infomerics, upgraded from ACUITE BBB- | Stable. (Positive)
*NTPC:* Company Completes Trial Operation of 660 Mw Unit at Barh Project, Total Installed Capacity Now 60926 Mw Standalone, 82028 Mw Group (Positive)
*NBCC:* Company Wins Order worth Rs 5.18 billion. (Positive)
*CSB Bank:* Company received RBI approval for reappointment of Pralay Mondal as MD and CEO effective Sept. 15. (Positive)
*Sterlite Technologies:* Promoter Ankit Agarwal bought 197390 shares (Positive)
*Torrent Power:* Company's subsidiary secured two Letters of Award from SECI to set up 300 MW wind power projects. The project cost is approximately ₹2,650 crores, with commissioning expected within 24 months. (Positive)
*DCM Shriram:* Company will acquire 100% stake in Hindusthan Speciality Chemicals Ltd (HSCL) for Rs 375 crores to expand into the advanced materials sector. (Positive)
*ICRA Limited:* Company's board approved acquiring 100% of Fintellix India for USD 26 million, strengthening ICRA's research and analytics portfolio. (Positive)
*Talbros Automotive:* Company and Jvs secure Rs 580 Crore Multi-Year Orders, Boosting EV and Export Growth. (Positive)
*SEPC Ltd:* Company announced a significant win, securing a ₹650 crore EPC contract from Parmeshi Urja Ltd, a subsidiary of India Power Corporation, for a 133 MW solar power project. (Positive)
*Oil upstream companies:* Crude prices have jumped by more than 7 percent following Israel attacks on Iran (Positive)
*Sasken Tech:* Company Partners with Microsoft to Accelerate Smart Device Innovation via Microsoft Devices Ecosystem Platform (Positive)
*HCL Tech:* Volvo Cars Has Chosen Company as One of Its Strategic Suppliers for Engineering Services (Positive)
*Reliance Industries:* Company sells 3.50 crore equity shares of Asian Paints held by co through Siddhant Commercials at Rs 2,201/share. (Neutral)
*Canara Bank:* Bank Approved Capital Raising Up-To Rs 95 billion, 60 billion Via Tier Ii Bonds & 35 billion Via Tier I Bonds (Neutral)
*Jubilant Pharmova:* Company’s board approved the sale and transfer of its Active Pharmaceutical Ingredients (API) business to its wholly-owned subsidiary, Jubilant Biosys Limited, based on a slump sale basis.. (Neutral)
*Wipro:* Company Has Says “The Ai Advantage: Building Tomorrow’s Insurance Enterprise”, Revealing That U.S. Insurance Companies Plan to Significantly Increase Their Ai Investments. (Neutral)
*Heranba Industries:* CRISIL reaffirmed the A/Stable long-term and A1 short-term credit ratings. (Neutral)
*Timex Group India:* Company announced the appointment of Mr. Varun Malik as General Manager - Marketing, effective June 12, 2025. (Neutral)
*Vishwas Agri Seeds Ltd:* Company announced the appointment of Mr. Maheshbhai Shibabhai Gajera as Chief Financial Officer, effective June 12, 2025. (Neutral)
*Valiant Organics:* Company Withdraws Rs 500 Million Rights Issue Proposal amid Regulatory Changes (Neutral)
*ICICI Bank:* RBI approves reappointment of Rakesh Jha as executive director of the bank for 2 years w.e.f. September 2, 2025 (Neutral)
*Infosys:* Company announces merger of subsidiaries Infosys Germany gmbh and blitz 24-893 se (Neutral)
*Brigade Enterprises:* Brigade Foundation Unveils Renovated Venkatappa Art Gallery, Reviving Bengaluru’s Cultural Legacy (Neutral)
*Genus Power:* GIC Affiliate Chiswick Investment Pte Likely to Sell 5.88% Stake (including greenshoe option Of 2.28% equity) of Genus Power via block deals (Neutral)
Stocks included in ST-ASM: Concord Biotech, Lloyds Enterprises. (Neutral)
Stocks included in LT-ASM: Camlin Fine. (Neutral)
Price Band change from 10% to 5%: Aartech Solonics, Focus Lighting (Neutral)
*ACC:* Ex-Date today, Dividend Rs 7.5/Sh (Neutral)
*Adani Ent:* Ex-Date today, Dividend Rs 1.3/Sh (Neutral)
*Adani Ports:* Ex-Date today, Dividend Rs 7.0/Sh (Neutral)
*Canara Bank:* Ex-Date today, Dividend Rs 4.0/Sh (Neutral)
*Piramal Enterprises Ltd:* Ex-Date today, Dividend Rs 11.0/Sh (Neutral)
*Power Finance Corporation Ltd:* Ex-Date today, Dividend Rs 2.05/Sh (Neutral)
*Adani Total:* Ex-Date today, Dividend Rs 0.25/Sh (Neutral)
*Eimco Elecon (India) Ltd:* Ex-Date today, Dividend Rs 5.0/Sh (Neutral)
*Elecon:* Ex-Date today, Dividend Rs 1.5/Sh (Neutral)
*Sharda Motor Industries Ltd:* Ex-Date today, Dividend Rs 32.5/Sh (Neutral)
*Indegene Ltd:* Ex-Date today, Dividend Rs 2.0/Sh (Neutral)
*JM Fin:* Ex-Date today, Dividend Rs 2.7/Sh (Neutral)
*BCPL:* Ex-Date today, Dividend Rs 1.0/Sh (Neutral)
*Apcotex:* Ex-Date today, Dividend Rs 4.5/Sh (Neutral)
*IFL Enterprises Ltd:* Ex-Date today, Right Issue (Neutral)
*Vimta Labs:* Ex-Date today, Bonus shares ratio 1:1 (Neutral)
*Bajaj Finance:* Ex-Date Monday, Stock Split From Rs.2/- to Rs.1/- and Bonus issue 4:1. Total 10 shares against 1 share held (Neutral)
*Honeywell Automation India Ltd:* Ex-Date Monday, Dividend Rs 105.0/Sh (Neutral)
*Tata Technologies Ltd:* Ex-Date Monday, Dividend Rs 11.7/Sh (Neutral)
*Jubilant Foodworks, Jubilant Ingrevia & Jubilant Pharmova:* Bhartia Family likely to sell shares in Jubilant Foodworks, Jubilant Ingrevia & Jubilant Pharmova via blocks deals. (Neutral)
*Utkarsh Small Finance Bank:* Bank's credit rating has been reaffirmed by CARE Ratings Limited. The rating for Tier II bonds is CARE A+, but the outlook has been revised from Stable to Negative. (Negative)