My Wealth Train
My Wealth Train
June 5, 2025 at 02:58 PM
🗞 *BEAT THE STREET BULLETIN* 🗞 *Date:* 05-Jun-2025 --- 📍 *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. --- 📍 *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. --- 📍 *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. --- 📍 *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. --- 📍 *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. --- 📍 *FUNDRAISING / FINANCIAL TRANSACTIONS* *IMAGICAAWORLD:* ₹275 crore loan from HDFC Bank. *PFC:* Transfers MEL Power Transmission to Power Grid for ₹8.53 crore. --- 📍 *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. --- 📍 *CREDIT RATINGS / MARKET MOVES* *DR REDDY’S:* Stock up 4% on biosimilar deal and HSBC upgrade. --- 📍 *LEGAL / REGULATORY* *ZYDUS & LUPIN:* Legal win in Myrbetriq generic case. --- 📍 *IPO / STAKE CHANGES* *BAJAJ FINSERV, ZF COMMERCIAL:* Block deals suggest promoter stake dilution. --- 📍 *CLARIFICATIONS / APPROVALS* *VALOR ESTATE:* Gets BMC corrigendum for ₹7,000 crore Mumbai project. --- 📍 *SALES PERFORMANCE* *TATA MOTORS:* JLR UK May sales down 24% YoY. *INDUSIND BANK:* 1.4 million new users for ‘INDIE’ app; 50% MAU rate. --- 📍 *MANUFACTURING EXPANSION* *HAWKINS COOKERS:* Fourth manufacturing unit operational in Jaunpur. *SETCO AUTOMOTIVE:* Expands into new product lines. --- 📍 *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. --- 📍 *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. --- 📍 *STAY UPDATED
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