
My Wealth Train
June 5, 2025 at 02:58 PM
🗞 *BEAT THE STREET BULLETIN* 🗞
*Date:* 05-Jun-2025
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📍 *ORDER WIN / CONTRACTS*
*ASHOKA BUILDCON:* Secures ₹1,387 crore LOIs for traffic management projects in Maharashtra.
*MAN INDUSTRIES:* Wins ₹1,150 crore pipe export order.
*BEL:* Bags ₹2,323 crore naval missile system spares order.
*RAILTEL:* Receives ₹274 crore ITMS contract from Maharashtra.
*SATHLOKHAR ENGINEERING:* Bags ₹13.72 crore civil work order from Vishnu Chemicals.
*CHOICE INTERNATIONAL:* Wins ₹63.47 crore consultancy contracts in Maharashtra and Odisha.
*HIMALAYA FOODS:* Secures ₹8.68 crore brown patties order from a US food giant.
*POWER & INSTRUMENTATION:* Wins ₹6.25 crore power systems order at Udaipur Airport.
*KILBURN ENGINEERING:* Gets ₹30.81 crore orders for chemical and tea drying equipment.
*ALFA TRANSFORMERS:* Receives ₹73.16 lakh transformer supply order.
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📍 *ACQUISITIONS / INVESTMENTS*
*CENTRAL BANK:* To acquire 25.18% stake in Future Generali Life via IBBI.
*ZAGGLE:* To acquire Dice Enterprises for ₹123 crore.
*LEO DRYFRUITS:* Invests ₹15.01 crore in Tobox Ventures for 0.03% stake.
*RUDRA GAS:* Acquires 2.5% stake in Green Hydrogen JV in Sri Lanka.
*EFC (INDIA):* Acquires 99.99% in Bigbox Serviced Office LLP.
*IMAGICAAWORLD:* Secures ₹275 crore loan to acquire Wet’n Joy parks.
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📍 *COLLABORATIONS / PARTNERSHIPS / TIE-UPS*
*DR REDDY’S:* Partners with Alvotech for Keytruda biosimilar development.
*GARDEN REACH (GRSE):* Signs MoUs in Norway to boost maritime and offshore expansion.
*RATEGain:* Partners with Razorpay for secure hotel payments.
*JSW ENERGY:* Signs 250 MW wind power purchase agreement with Adani.
*PRAJ INDUSTRIES:* Partners with Enersur for biorefinery project in Paraguay.
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📍 *LEADERSHIP CHANGES*
*LAURUS LABS:* Appoints Jyothi Basu Abbibeni as EVP – Chemical R\&D.
*TVS MOTOR:* Names Sudarshan Venu as Chairman & MD effective August 2025.
*KCP LTD:* Appoints K. Ramakrishna as CEO of Cement Business.
*AWL AGRI:* VP Vineeth Viswambharan resigns.
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📍 *NEW PROJECTS / EXPANSIONS*
*VEDANTA:* Targets 2.5 GW renewable energy capacity by 2030, up from 1.03 GW.
*KAUSHALYA LOGISTICS:* Opens 17th CCFA depot; targets 200 by FY26.
*SETCO AUTOMOTIVE:* Launches water pumps for LCVs and MHCVs.
*SMT ENGINEERING:* Expands into metal and machinery manufacturing via MoA change.
*COAL INDIA:* Transports 102.5 MT coal via FMC; 19 projects planned in FY26.
*RIR POWER:* Expands SiC diode manufacturing with Taiwan JV.
*POWERGRID:* Commissions Gujarat Part-C transmission project.
*HAWKINS COOKERS:* Starts operations at new unit in Jaunpur.
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📍 *FUNDRAISING / FINANCIAL TRANSACTIONS*
*IMAGICAAWORLD:* ₹275 crore loan from HDFC Bank.
*PFC:* Transfers MEL Power Transmission to Power Grid for ₹8.53 crore.
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📍 *BLOCK DEALS / STAKE SALES*
*BAJAJ FINSERV:* ₹5,828 crore block deal by promoters at ₹1,880 floor price.
*BAJAJ FINSERV:* ₹4,500 crore block deal likely by Bajaj Holdings.
*ZF COMMERCIAL:* Promoter WABCO to sell ₹720 crore stake at 10% discount.
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📍 *CREDIT RATINGS / MARKET MOVES*
*DR REDDY’S:* Stock up 4% on biosimilar deal and HSBC upgrade.
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📍 *LEGAL / REGULATORY*
*ZYDUS & LUPIN:* Legal win in Myrbetriq generic case.
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📍 *IPO / STAKE CHANGES*
*BAJAJ FINSERV, ZF COMMERCIAL:* Block deals suggest promoter stake dilution.
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📍 *CLARIFICATIONS / APPROVALS*
*VALOR ESTATE:* Gets BMC corrigendum for ₹7,000 crore Mumbai project.
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📍 *SALES PERFORMANCE*
*TATA MOTORS:* JLR UK May sales down 24% YoY.
*INDUSIND BANK:* 1.4 million new users for ‘INDIE’ app; 50% MAU rate.
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📍 *MANUFACTURING EXPANSION*
*HAWKINS COOKERS:* Fourth manufacturing unit operational in Jaunpur.
*SETCO AUTOMOTIVE:* Expands into new product lines.
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📍 *REAL ESTATE / INFRASTRUCTURE*
*KRETTO SYSCON:* ₹250 million real estate JV in Ahmedabad.
*NILA URBAN LIVING:* ₹129.25 crore contract awarded to Riveria for GIFT City.
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📍 *ENERGY / GREEN / ESG INITIATIVES*
*VEDANTA:* Renewable push to reduce CO₂ emissions by 6 million tonnes/year.
*JSW ENERGY:* Commissions 281 MW renewable capacity.
*COAL INDIA:* Promotes eco-friendly coal transport via FMC.
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📍 *STAY UPDATED
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