RASHI INVEST | Stock Market | Current News
RASHI INVEST | Stock Market | Current News
June 16, 2025 at 02:31 AM
The Market Outlook: *🌹🇮🇳India Daybook – Stocks in News* *Syngene:* US FDA Issues zero observations for unit at Semicon Park, Bengaluru. (Positive) *Arkade Developers:* Company announced its strategic entry into the Thane real estate market with a 6.28-acre land acquisition. (Positive) *Birla Corporation:* Company announced it has been declared the 'Preferred Bidder' by the Government of Rajasthan for the Limestone Block (Positive) *Tata Motors:* Moody’s Credit Ratings Has Upgraded JLR Plc to BA1/Positive from BA2/Positive. (Positive) *YES Bank:* Moody's Ratings Upgrades Yes Bank to BA2 from BA3; Changes Outlook to Stable. (Positive) *Vedanta:* Company Board Meeting on June 18 to Consider First Interim Dividend (Positive) *Lemon Tree Hotels:* Company Inks License Agreement for Lemon Tree Hotel in Itanagar, Arunachal Pradesh (Positive) *Almondz Global:* Company announced that its wholly-owned subsidiary has received an order from the Uttar Pradesh Expressways Industrial Development Authority. Order value is approximately Rs 14.2 Cr. (Positive) *Ram Ratna:* Company announced that its new manufacturing facility in Bhiwadi, Rajasthan, has begun commercial production today, June 13, 2025. (Positive) *Ujaas Energy Ltd:* Company announced an agreement to sell a factory shed located in Indore, MP. The sale, expected to complete by Aug 12, 2025. (Positive) *Oil upstream stocks:* Oil prices climb as Israel-Iran conflict intensifies, with no signs of a ceasefire in sight. (Positive) *Dhruv Consultancy:* Company has been allotted projects by UPEIDA for expressway development (Positive) *Wonderla:* Company launches Bangalore's Newest Boutique Premium Aqua-Retreat, ‘The Isle by Wonderla’ (Positive) *JWL:* Acuite Rating has upgraded the Credit ratings to the long term and short term bank facilities (Positive) *Spice Jet:* Posts record ₹319 crore profit; FY25 marks first annual gain in 7 years. (Positive) *Sterlite Technologies:* Promoter Ankit Agarwal bought 2.58 lakh shares. Promoter Pravin Agarwal bought 7.35 lakh shares. (Positive) *Jindal Stainless:* Promoter JSL Overseas Holding bought 7.9 lakh shares. (Positive) *Man Infraconstruction:* Promoter Parag K. Shah bought 1.24 lakh shares. (Positive) *IOL Chemicals:* Company’s product Acetic Anhydride has been registered with REACH in accordance with EU REACH regulation on chemicals and their safe use. (Positive) *IndusInd Bank:* RBI approved the reappointment of Chokshi & Chokshi and the appointment of Borkar and Muzumdar as Joint Statutory Auditors. (Positive) *Srivasavi Adhesive:* Company acquired machinery worth Rs 2.58 Cr through a bank auction on June 13, 2025. (Neutral) *Natco Pharma:* US FDA completed an inspection at its Mekaguda, Hyderabad API plant from June 9-13, 2025. Received 1 observation in Form-483, considered procedural. (Neutral) *Eicher Motors:* Company says, Chief Program Manager Simon Warburton has decided to retire w.e.f. June 13, 2025 (Neutral) *NTPC:* Company will issue unsecured non-convertible debentures of Rs 4,000 crores on June 17, 2025, via private placement at a 6.89% coupon rate, maturing on June 18, 2035.. (Neutral) *JK Tyre:* Company announced the appointment of Mr. Sylvain Gabriel Denis Sagot as Director – Quality, effective immediately. (Neutral) *Aplab Limited:* Company extended the closing date of its Rights Issue from June 20, 2025, to July 03, 2025. (Neutral) *Vadilal Industries:* Company announced the appointment of Mr. Shivakumar Dega as Chairman of the Board of Directors. (Neutral) *Sun Pharma:* Company appoints Kirti Ganorkar as Managing Director for 5 years w.e.f. September 1, 2025. Dilip Shanghvi to continue as the Executive Chairman of the board (Neutral) *Syrma SGS:* India Ratings & Research (Ind-Ra) assigned a rating of 'IND A1+' for the ₹1.1 billion Commercial Paper Program (Neutral) *Balaji Telefilms:* Company received a certified order from the NCLT, sanctioning the Scheme of Arrangement between Alt Digital Media, Marinating Films and Balaji Telefilms Limited. (Neutral) *ITC:* Company completes acquisition of 100% stake of Sresta Natural Bioproducts for ₹400 crore (Neutral) *IREDA:* Application against Gensol EV Lease admitted to NCLT for Corporate Insolvency Resolution Process. (Neutral) *City Union Bank:* CEO says NIM pressure short-term, FY26 margin guidance intact despite rate cuts (Neutral) *Natco Pharma:* Company received 1 Form 483 observations from USFDA for Hyderabad plant (Neutral) *Adani Ports:* Haifa port in Israel unharmed by the Iranian ballistic missile attack, with cargo operations progressing unhampered. (Neutral) *Adani Ent:* Company has incorporated a wholly owned subsidiary namely “Astraan Defence Limited” (Neutral) *Nazara Technologies:* Jhunjhunwala sold 13 lakh shares at Rs 1,225.19 per share. (Neutral) *Scoda Tubes:* Morgan Stanley Asia Singapore sell 4.2 lakh shares (0.7%) at Rs 181.42 apiece. (Neutral) Stocks included in ST-ASM: Dynamic Cables, Oriana Power, Servotech Renewable Power System. (Neutral) Stocks excluded in ST-ASM: Zen technologies. (Neutral) Price Band change from 10% to 5%: TCI Finance (Neutral) Price Band change from 20% to 5%: Exxaro, Liberty shoes (Neutral) *Shankara Building:* Ex-Date tomorrow, Dividend Rs 3.0/Sh (Neutral) *Hindustan Zinc:* Ex-Date tomorrow, Dividend Rs 10.0/Sh (Neutral) *Bajaj Finance:* Ex-Date today, Stock Split from Rs.2/- to Rs.1/- and Bonus issue 4:1. Total 10 shares against 1 share held (Neutral) *Honeywell Automation India Ltd:* Ex-Date today, Dividend Rs 105.0/Sh (Neutral) *Tata Technologies Ltd:* Ex-Date today, Dividend Rs 11.7/Sh (Neutral) *Nuvoco:* Company Says West Bengal Notifies Revocation of Incentive Schemes Act 2025, Revocation Act Impacts Incentives of Rs 4.27 billion and 3 billion, Company Files Writ Petition against Revocation Act. (Neutral) *Sun Pharma:* US FDA Issues Form 483 with 8 Observations for Sun Pharma’s Halol Facility. (Negative) *Zydus/Lupin:* US Court sides with Astellas in patent dispute, Companies launched the generic version of Myrbetriq at risk in April 2025. (Negative) *Ramakrishna Forging:* Board meeting revealed a Rs. 22,052.43 Lakhs inventory overstatement for FY 2024-25, reducing net worth by 6.73%. (Negative)

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