
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.
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📍 *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.
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📍 *COLLABORATION*
*KAUSHALYA LOGISTICS*: Ties up with Shree Cement; targets 225 depots by FY26.
*LTIMINDTREE*: Launches Digital Innovation Hub in Cyprus with Eurobank & Fairfax.
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📍 *LEADERSHIP CHANGES*
*TATA CHEMICALS*: Announces senior management changes effective June 1, 2025.
*SG MART*: Appoints Archit Arora as VP – Sales & Marketing.
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📍 *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.
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📍 *FUNDRAISING*
*AFCONS INFRA*: Promoter pledges equity for ₹12,560 crore loan for refinancing.
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📍 *BOUGHT / SOLD*
*NBCC*: Sells 446 Noida flats for ₹1,467.9 crore via e-auction.
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📍 *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.
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📍 *USFDA / REGULATORY*
*VIRTUOSO OPTOELECTRONICS*: Receives ₹100 crore PLI category upgrade approval.
*GENSOL ENGINEERING*: Halts operations due to SEBI order.
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📍 *CLARIFICATION*
*AKZO NOBEL INDIA*: Denies parent-linked market rumours.
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📍 *TAX / LEGAL*
*TILAKNAGAR INDUSTRIES*: Receives qualified audit opinion.
*SYMPHONY*: Recovers ₹5 crore dues from Pathways Retail; legal recovery ongoing.
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📍 *TECH ADOPTION*
*PICCADILLY AGRO*: Adopts NFC tech on Indri whisky bottles.
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📍 *MARKET EXPANSION*
*V2 RETAIL*: Opens 200th store.
*ZOTA HEALTH CARE*: Expands Davaindia to 1,637 stores.
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📍 *ENTERTAINMENT*
*PRITISH NANDY COMMUNICATIONS*: 'The Royals' hits Netflix Global Top 10 with 3M+ views.
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📍 *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.
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📍 *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.
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