FinanceWith100₹bh
FinanceWith100₹bh
June 14, 2025 at 04:21 AM
Stock In News : Vodafone Idea: Target Downgrade- HSBC maintains a 'Reduce' rating on Vodafone Idea; cuts the target price to Rs 5.9 Adani Ports: Geopolitical Risk- Adani Ports falls as Iran-backed rebels threaten to target Adani's Haifa Port in Israel Manappuram Finance: Gold Surge- Manappuram hits an all-time high as rising gold prices boost gold loan demand and collateral value L&T Finance: Analyst Downgrade- UBS downgrades L&T Finance to a 'Neutral' rating with a target price of Rs 210 Polycab: Analyst Buy- Motilal Oswal maintains a 'Buy' rating on Polycab India with a target price of Rs 7,250 Gensol Engineering: Insolvency Proceedings- NCLT admits IREDA’s insolvency plea against Gensol Engineering and initiates resolution proceedings Diamond Power: Order Win- Diamond Power bags new orders worth Rs 116.7 crore for BESS, smart meters, and a highway project ACME Solar Holdings Ltd.: Capacity Expansion- ACME Solar expands wind capacity in Gujarat to 46.2 MW; total renewable capacity reaches 2,826.2 MW LTIMindtree: Analyst Buy- Sharekhan maintains a 'Buy' call on LTIMindtree; expects a revenue CAGR of 8.6% over FY26-27 Kernex Microsystems: Order Win- Kernex's consortium bags orders worth Rs 311 crore from Southern Railways for Kavach installation Oil And Natural Gas: Crude Impact- ONGC rises as Brent crude surges on fears of supply disruptions amid the Israel-Iran conflict ICRA: Acquisition- ICRA to acquire Fintellix for ~Rs 223.9 crore to expand credit risk and reporting capabilities Asian Paints: Stake Sale- Reliance Ind sells a 3.6% stake in Asian Paints worth Rs 7,703 cr via its arm, Siddhant Commercials Lloyds Enterprises: Stake Increase- Lloyds Enterprises acquires 3.7 crore shares in Lloyds Engineering, raising its stake to 33.3% Jubilant Ingrevia: Block Deal- Equity stake of around 7% in Jubilant Ingrevia worth Rs 667 crore changes hands in a block deal Jubilant Foodworks: Block Deal- Equity stake of around 2% in Jubilant Foodworks worth Rs 702 crore changes hands in a block deal Jubilant Pharmova: Block Deal- Equity stake of 3% in Jubilant Pharmova worth Rs 527 crore changes hands in a block deal Universal Cables: Regulatory Impact- Universal Cables falls as the EU imposes an 8.3% countervailing duty on its single-mode OFC imports Dixon Technologies: Forms JV- Dixon Tech forms a JV with Signify Innovations to manufacture lighting products and accessories Genus Power: Block Deal- Genus Power falls as GIC plans to sell a 3.6% stake worth about Rs 650 crore via a block deal NBCC: Order Win- NBCC bags a Rs 518.4 crore infrastructure order from Navodaya Vidyalaya Samiti across four states DCM Shriram: Acquisition- DCM Shriram's board approves acquiring a 100% stake in Hindustan Speciality Chemicals for Rs 375 cr Crompton Greaves: Order Win- Crompton Greaves bags a Rs 101 crore order from MEDA to install 4,500 solar water pumps Torrent Power: Order Win- Torrent Power's arm bags a Rs 2,650 crore order from SECI to build 300 MW wind power projects

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