My Wealth Train
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
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