
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 🚦