
My Wealth Train
June 13, 2025 at 02:07 PM
EVENING BULLETIN 🚦
*Date: 13-Jun-2025*
---
📍 *ORDER WIN*
*KERNEX MICROSYSTEMS*: KERNEX-VRRC Consortium wins ₹311 Cr Kavach orders from Southern Railway; KERNEX holds 60% stake.
*RPP INFRA*: Bags ₹282.88 Cr UPSIDA industrial development project in Pilibhit, U.P.
*CG CONSUMER*: CROMPTON Greaves wins ₹101 Cr solar pump order from MEDA under PM-KUSUM scheme.
*GARMENT MANTRA*: Subsidiary HYLEX Fashion secures ₹4.22 Cr yoga mat order from Ministry of Ayush.
*DIAMOND POWER*: Secures ₹116.71 Cr worth of orders in energy storage, smart metering, and highway sectors.
---
📍 *LEADERSHIP CHANGE*
*YES BANK*: RBI approves 6-month extension for MD & CEO Prashant Kumar till April 2026.
---
📍 *USFDA*
*DISHMAN CARBOGEN*: Naroda facility clears USFDA inspection with zero observations.
---
📍 *FUNDRAISING*
*BIOCON*: Likely to raise funds via QIP soon.
---
📍 *STAKE BUY/SELL*
*THERMAX*: KOTAK MF reduces stake to 2.75% from 2.99% via open market on June 11.
*DIAMINES & CHEMICALS*: Promoter buys 0.01% stake on June 10 via open market.
*NCL INDUSTRIES*: Promoter sells 0.01% stake on June 12 via open market.
*JAMSHRI REALTY*: Promoter sells 0.3% stake on June 11 via open market.
*JUBILANT PHARMOVA*: 3.04% equity worth ₹527 Cr changes hands at ₹1,087/share.
---
📍 *LEGAL/PATENT*
*ZYDUS LIFE, LUPIN*: U.S. court rejects Mybetriq generic patent proposal; potential delay in market plans.
*LYKA LABS*: NCLT hearing on merger with Lyka Exports adjourned to July 10.
---
📍 *PARTNERSHIP*
*NEOPOLITAN PIZZA*: Partners with Sheetal Cool to expand across India; launches millet cookies under BEBE’s MAGIC.
*ICONIK SPORTS*: Signs 10-year license deal with UAE's WTL to launch World Tennis League in India.
*AFFORDABLE ROBOTIC*: Signs MoU with Mold-Tek Tech for global industrial automation solutions.
---
📍 *CREDIT RATING*
*TATA MOTORS*: Moody’s upgrades JLR rating to Ba1 from Ba2; outlook now Positive.
---
📍 *CLARIFICATION*
*R SYSTEMS*: Street expects corporate development soon – CNBCTV18.
*CAMLINE FINE*: Large block deal expected soon – CNBCTV18.
*NAZARA TECH*: Influential investor fully exits stock – CNBCTV18.
*SAMMAAN CAPITAL*: Announces early bond buyback till Sept 2025 at par to reduce debt.
---
📍 *POLICY*
*POWER STOCKS*: Govt proposes investor-friendly Electricity Rules amendments to boost energy storage.
---
📍 *AWARD*
*NIIT LEARNING*: Wins APJ Training Partner of the Year from Databricks for GenAI excellence.
---
📍 *STAY UPDATED
❤️
1