My Wealth Train
My Wealth Train
May 20, 2025 at 02:51 PM
EVENING BULLETIN 🚦 *Date:* 20-May-2025 --- 📍 *ORDER WIN* *Markolines* wins Rs 24.75 Cr NH-2 road maintenance order to be completed by June 2025. *Rajshree Polypack* secures Rs 3.05 Cr orders for plastic rigid sheets from domestic clients. *Knowledge Marine* wins Rs 10.77 Cr survey order from Dredging Corp at Deendayal Port. *IRCON* bags Rs 253.6 Cr KAVACH contract for SW Railway over 778 RKM. --- 📍 *ACQUISITION* *Lloyds Engineering* acquires 76% in Metalfab Hightech for Rs 28.4 Cr. *Nazara Tech* to acquire UK-based Curve Digital for Rs 247 Cr. *Hindalco* to acquire EMMRL from Essel Mining for Rs 48 lakh + Rs 1131 Cr net debt. --- 📍 *COLLABORATION* *United Breweries* expands in Andhra via tie-up with Ilios Breweries. --- 📍 *LEADERSHIP CHANGES* *Aeroflex* COO Kiran Kagalkar resigns, effective June 30. *Minda Corp* appoints Ajay Agarwal as President – Finance & Strategy. *Kirloskar Ind* appoints George Verghese as MD for 5 years. *Torrent Pharma* names Aman Mehta as MD for 5 years starting Aug 1, 2025. *HAL* extends CMD Dr. D K Sunil’s tenure as Director (R\&D) by 6 months. --- 📍 *NEW PROJECTS / EXPANSION* *Rajshree Polypack* adds 600 MTPA thermoforming capacity. *KPI Green* gets ISTS nod for 642.6 MW wind project. *Max Healthcare* to expand Nagpur hospital by adding \~100 beds. *REC* forms new subsidiary Mekhali Power for Karnataka transmission project. --- 📍 *FUNDRAISING* *Torrent Pharma* to raise up to Rs 5000 Cr via debt. *Astra Microwave* to raise Rs 174 Cr via preferential issue of warrants. --- 📍 *BOUGHT / SOLD* *GOCL Corp* monetizes 119 acres in Hyderabad for Rs 1,539.75 Cr. *KPR Mills* promoters to sell 3.2% stake worth Rs 1200 Cr via block deal. --- 📍 *SETTLEMENT / CLARIFICATION* *Sequent* settles Vizag land dispute via Rs 4 Cr one-time payment. *63 Moons:* NSEL traders approve Rs 1,950 Cr one-time settlement scheme. *Ganesh Benzoplast* reaffirms JNPT land control despite partner exits. *AGI Greenpac’s* SC review on HNGIL acquisition dismissed. --- 📍 *GUIDANCE* *BEL FY26 Guidance:* Sales up 15%, EBITDA margins 27%, order inflow at Rs 27,000 Cr. --- 📍 *POLICY* *Maharashtra Housing Policy* announced with Rs 70,000 Cr investment target. --- 📍 *PRODUCT LAUNCH / PLATFORM* *Airtel* offers 100 GB Google One storage free. *Sonata Software* launches AgentBridge platform. *BSE* launches BSE 500 Quality 50 Index. --- 📍 *QUARTERLY RESULTS (Q4)* *Zydus Q4:* Net profit Rs 1171 Cr; revenue Rs 6528 Cr. *Kirloskar Ind Q4:* Net profit Rs 97 Cr; EBITDA falls. *Indo Tech Q4:* Net profit Rs 20.98 Cr; revenue Rs 206 Cr. *Dixon Tech Q4:* Net profit Rs 400 Cr; revenue Rs 10,292 Cr. *J Kumar Infra Q4:* Net profit Rs 114 Cr. *GSFC Q4:* Net profit Rs 71.68 Cr. *Whirlpool India Q4:* Net profit Rs 119 Cr. *Kuantum Papers Q4:* Net profit Rs 26.1 Cr. *Arvind SmartSpaces Q4:* Net profit up YoY; down QoQ. *JK Tyre Q4:* Net profit Rs 97 Cr; revenue Rs 3759 Cr. *Gokul Agro Q4:* Net profit Rs 49 Cr; revenue Rs 5462 Cr. *Electrotherm Q4:* Net profit Rs 185 Cr. *Gulshan Polyols Q4:* Net profit Rs 7 Cr; EBITDA Rs 28.8 Cr. *Torrent Pharma Q4:* Net profit Rs 498 Cr. --- 📍 *MARKET / INDUSTRY TRENDS* *ACs & summer goods* firms cut production by up to 25%. *Som Distilleries* April dispatches jump 32% YoY. *Vinati Organics* sees 70% antioxidant business growth. --- 📍 *UNCATEGORIZED / GENERAL BUSINESS* *Confidence Petroleum* exits JNPA LPG project. --- 📍 *STAY UPDATED 🚦
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