My Wealth Train
My Wealth Train
May 16, 2025 at 01:42 PM
EVENING BULLETIN 🚦 *Date: 16-May-2025* 📍 *ORDER WIN* *WAAREE RENEWABLES*: Bags ₹114 crore solar EPC order under MSKVY 2.0. *ADVAIT ENERGY*: Subsidiary wins ₹129 crore solar EPCC order for 67.5 MWp project. *SEAMEC III*: Charter extended by 8 days for USD 336,000. --- 📍 *ACQUISITION* *LUMAX AUTO*: To acquire remaining 25% stake in IAC India for ₹221 crore. *AFCONS INFRA*: Promoter pledges 25% equity for ₹12,560 crore loan for group refinancing. --- 📍 *COLLABORATION* *KAUSHALYA LOGISTICS*: Ties up with Shree Cement; targets 225 depots by FY26. *LTIMINDTREE*: Launches Digital Innovation Hub in Cyprus with Eurobank & Fairfax. --- 📍 *LEADERSHIP CHANGES* *TATA CHEMICALS*: Announces senior management changes effective June 1, 2025. *SG MART*: Appoints Archit Arora as VP – Sales & Marketing. --- 📍 *NEW PROJECTS* *BOROSIL RENEWABLES*: Approves ₹950 crore expansion amid anti-dumping duties. *GACL*: Approves ₹81 crore investment for Chlorotoluene plants in Dahej. *ZOTA HEALTH CARE*: Expands Davaindia to 1,637 stores. *THOMAS COOK INDIA*: Expands to EU with new Cyprus office. --- 📍 *FUNDRAISING* *AFCONS INFRA*: Promoter pledges equity for ₹12,560 crore loan for refinancing. --- 📍 *BOUGHT / SOLD* *NBCC*: Sells 446 Noida flats for ₹1,467.9 crore via e-auction. --- 📍 *Q4 RESULTS* *JUBILANT PHARMOVA*: Reports ₹153 crore profit vs ₹58 crore loss YoY; revenue up 10%. *NUCLEUS SOFTWARE*: Posts ₹64 crore profit; margins double QoQ. *EMAMI*: Reports ₹162 crore profit; revenue up 8%, margins dip. *TEXMACO RAIL*: Profit dips 12% YoY; revenue up 18%. *SG MART*: Profit flat YoY; revenue up 25%. *GUJARAT ALKALIES*: Turns profitable with ₹8.82 crore net profit. *INDIA GLYCOLS*: Profit jumps 52% YoY. *GPT INFRA*: Profit up 50% YoY. *SAI SILKS*: Profit drops 53% YoY. --- 📍 *USFDA / REGULATORY* *VIRTUOSO OPTOELECTRONICS*: Receives ₹100 crore PLI category upgrade approval. *GENSOL ENGINEERING*: Halts operations due to SEBI order. --- 📍 *CLARIFICATION* *AKZO NOBEL INDIA*: Denies parent-linked market rumours. --- 📍 *TAX / LEGAL* *TILAKNAGAR INDUSTRIES*: Receives qualified audit opinion. *SYMPHONY*: Recovers ₹5 crore dues from Pathways Retail; legal recovery ongoing. --- 📍 *TECH ADOPTION* *PICCADILLY AGRO*: Adopts NFC tech on Indri whisky bottles. --- 📍 *MARKET EXPANSION* *V2 RETAIL*: Opens 200th store. *ZOTA HEALTH CARE*: Expands Davaindia to 1,637 stores. --- 📍 *ENTERTAINMENT* *PRITISH NANDY COMMUNICATIONS*: 'The Royals' hits Netflix Global Top 10 with 3M+ views. --- 📍 *POLICY IMPACT* *MITSUI CHEMICALS*: Assessing impact of US tariffs. *RAJNATH SINGH*: Questions IMF aid to Pakistan possibly funding terror. *BALMER LAWRIE*: Decides against share split & buyback as per govt guidelines. --- 📍 *MISCELLANEOUS* *SWIGGY, ZOMATO*: Introduce “Rain Surcharge” for premium users. *PRABHA ENERGY*: Begins gas production from North Karanpura CBM Block. *DEFENCE SECTOR*: Expects ₹30K–140K crore replenishment orders; focus on AI munitions. --- 📍 STAY UPDATED 🚦

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