❁Stocks❁ ❁Result❁& BREAKING News: MORGAN STANLEY ON MARUTI SUZUKI Maintains 'Overweight' With Target Price At ₹14,262 (17% Upside) PV Industry Growth Target For F26 Remains At 1-2% YoY Co Aims To Grow Faster On The Back Of 2 New Launches In Large SUV Space, Including E-Vitara Urban Middle Class Recovery Is A Key To Small Car Recovery Will Be India's Largest BEV Manufacturer In First Year Of Operation Exports And Toyota Rebadging Will Support Scale And Hence Drive Margins Morgan Stanley On Oberoi Realty TARGET ₹1,700 RECOMMENDATION EQUALWEIGHT POTENTIAL 5% DOWN Expect 5% pre-sales growth in FY26E to Rs 5,500 crore Margins expected to remain robust at 50-55% in FY26 Expect rental income to reach Rs 3,300-3,400 crore, supported by new assets in Worli and Pokhran Citi On PB Fintech TARGET ₹ 2,185 POTENTIAL 25.6% UP RECOMMENDATION BUY Open 90D positive catalyst watch Expect strength in retail health insurance fresh business Sustained retail health momentum, improved health business market share aid Morgan Stanley On Kaynes Technology Rating maintains "Equal weight" with target price of Rs 6,155 Company confident of EMS revenue of Rs45bn for F26, with 100bp margin expansion Company sees an EBITDA margins of 20-22% for its OSAT business (Outsourced Semiconductor Assembly and Test) Company looking to produce the raw materials for bare PCBs (Printed Circuit Board) JEFFERIES ON CONSTRUCTION SECTOR OUTLOOK Defence Companies Driven By Margin Expansion FY25 Order Flow Rose 28% YoY, Led By HAL & Siemens Operating Leverage For Most Companies Led By Defence Power & Defence To Have High Visibility Growth KEY HIGHLIGHTS RBI MONETARY Policy Repo rate cut 50 bps to 5.5% CRR cut by 100 bps Accomodative to Stance change: Accomod Neutral Inflation outlook revised downwards -- FY26 CPI projected at 3.7% from 4% 'Growth lower than aspirations' Projection maintained at 6.5% vs 6.5% earlier Vodafone Idea looks to raise Rs 20,000 crore in foreign currency through QIP, issuance of securities to QIBs, or FPO - NDTV PROFIT CITING SOURCES May look at issuing ADRs, GDRs, FCCBs and other instruments for fund raise Extraordinary general meeting called on June 27 for shareholder approval Praj Industries to Build Biorefinery in Paraguay with Enersur S.A. Praj to collaborate with Enersur S.A. for a full-scale biorefinery project in Paraguay. Plant will produce ethanol and co-products like DDGS, corn oil, SAF, biogas, and biobitumen. Agreement signed in presence of Paraguayan President Santiago Peña during his India visit. Biorefinery to use corn feedstock; 600 m³/day ethanol plant expected to be operational by Oct 2026. SEAMEC Secures $2.16 Mn ( ₹ 18.51 Cr ) Offshore Vessel Charter Deal with Dubai-Based Mubarak Bridge SEAMEC signed charter hire agreement on June 5, 2025 with Mubarak Bridge LLC, Dubai. Vessel “SEAMEC III” will operate on India’s West Coast for subsea services like 24x7 Saturation Diving , ROV Support ,Subsea Crane Operations & Survey Contract covers 20 days firm period, with extension option at USD 70,000/day. Commenced operations from June 5, 2025. UCO BANK Cuts Benchmark Lending Rates Across Tenors from June 2025 📉 MCLR Reduced: All tenors cut by 10 bps — 1-Year MCLR lowered to 9.00% (from 9.10%), effective June 10, 2025. 📉 Repo-Linked Lending Rate (UCO Float): Reduced to 8.30% (from 8.80%); UCO Prime cut to 5.50% (from 6.00%). 📉 T-Bill Linked Lending Rates (TBLR): All tenors (3M, 6M, 12M) cut to 5.80%. 📉 G-Sec Linked Rate (1Y): Reduced to 5.68% from 6.05%. ➖ Base Rate & BPLR Unchanged: Base Rate at 9.60% and BPLR at 14.25% remain the same.