
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 🚦
👍
1