
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)