My Wealth Train
My Wealth Train
May 19, 2025 at 05:30 PM
EVENING BULLETIN 🚦 *Date:* 19-May-2025 📍 *ORDER WINS / CONTRACT WINS* *INOX GREEN:* Bags 285 MWp solar contracts. *LLOYDS ENGINEERING:* Wins Rs 15.39 Cr cricket museum project at Wankhede Stadium. *MARSONS:* Wins Rs 52.35 Cr transformer supply order from UP’s Madhyanchal Vidyut Nigam. *MAGELLANIC CLOUD:* Secures Rs 40 Cr e-surveillance order. *SIEMENS INDIA:* JV wins Rs 4,100 Cr high-speed rail signalling contract. *SUPREME POWER EQUIPMENT:* Bags Rs 10 Cr transformer order from TNPDCL. 📍 *ACQUISITIONS / BUYOUTS* *SONATA SOFTWARE:* Defers acquisition payments for Quant Systems. *VARUN BEVERAGES:* Acquires 50% in Everest Industrial Lanka for USD 3.75M. *DOMS INDUSTRIES:* To acquire 51% in Super Treads for Rs 6.12 Cr. *LUMAX AUTO:* To fully acquire IAC India. *COFFEE DAY:* To sell 47.49% in Magnasoft. 📍 *COLLABORATIONS / PARTNERSHIPS* *INDEGENE:* Partners with IICP for tech-driven cerebral palsy care. *INDUSIND BANK:* Signs MoU with AIC STPINEXT to support startups. *NLC INDIA:* Forms JV with RVUNL for lignite power project. 📍 *LEADERSHIP CHANGES* *L\&T FINANCE:* Appoints Manish Gupta as CEO of Urban Unsecured Assets. 📍 *PROJECT LAUNCHES / INFRASTRUCTURE EXPANSION* *PRAVEG:* Opens luxury resort in Daman. *PAGE INDUSTRIES:* Starts operations at Odisha plant. *THOMAS COOK INDIA:* Opens new forex outlet in Bengaluru. 📍 *FUNDRAISING / RIGHTS ISSUE / BONUS ISSUE* *MAHINDRA LIFESPACE:* Launches Rs 1,496 Cr rights issue. *CONCOR:* To consider bonus issue on May 22. 📍 *PROMOTER / STAKE CHANGES* *RAYMOND LIFESTYLE:* Promoter buys additional 0.23% stake. *COFFEE DAY:* Stake sale in Magnasoft (also under Acquisitions). 📍 *CREDIT RATINGS / REGULATORY FILINGS* *SKF INDIA:* Files demerger application with NCLT. 📍 *LEGAL / COMPLIANCE / TAX / FRAUD* *UCO BANK:* Former CMD arrested in Rs 6,211 Cr fraud case. *INDUSIND BANK:* Sebi may delay Hinduja’s Invesco acquisition. 📍 *TECHNOLOGY / PRODUCT LAUNCHES* *PAYTM:* Launches ‘Hide Payment’ feature. 📍 *CLARIFICATIONS / REGULATORY APPROVALS* *MARKSANS PHARMA:* Gets UK approval for Sennosides tablets. *INDUS TOWERS / BHARTI HEXACOM:* SC rejects AGR dues waiver pleas. 📍 *STOCK SPLIT / CORPORATE ACTIONS* *ZYDUS WELLNESS:* Approves 1:5 stock split. 📍 *Q4 EARNINGS REPORTS* *ZYDUS WELLNESS:* Net profit Rs 172 Cr, revenue Rs 913 Cr. *JUPITER WAGONS:* Net Rs 103 Cr; revenue Rs 1,044 Cr. *IRB INFRA:* Net up 13% to Rs 111 Cr. *NLC INDIA:* Net up 323% to Rs 482 Cr. *ERIS LIFESCIENCES:* Net up 32% to Rs 93.84 Cr. *KARUR VYSYA BANK:* Net up 12.6% to Rs 513.36 Cr. *RBA:* Narrows loss to Rs 56.37 Cr; revenue up 5.9%. *DOMS INDUSTRIES:* Profit up 7% to Rs 48.43 Cr. *BOROSIL:* Net profit up 119% YoY to Rs 11.15 Cr. *BEL:* Net up 18% to Rs 2,127 Cr. *JK PAPER:* Net down 72% YoY to Rs 77 Cr. 📍 *STAY UPDATED 🚦

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