Daily Bulletin 11-June-25
Stay updated with all the financial news across Indian Capital Market!
India’s Fastest Financial Update Telegram Channel: Beat The Street
📦 ORDER WINS / CONTRACTS
Rishabh Instruments' subsidiary Lumel SA secures ₹50 Cr automation order from a German energy major.
KP Green wins ₹97.27 Cr orders across solar, crash barriers, and rooftop segments.
Waaree Energies’ subsidiary secures 599 MW solar module export order from a US client.
DEV IT bags ₹2.9 Cr order from Rajasthan govt for Employment Exchange Management System.
Premier Explosives wins ₹2.6 Cr export order for commercial explosives.
Marine Electricals bags ₹60.44 Cr worth of power distribution orders.
SEPC wins ₹650 Cr EPC order from Parmeshi Urja for 133 MW solar project.
HG Infra emerges L1 bidder for ₹431.11 Mn Odisha transmission project.
RailTel wins ₹11.95 Cr order from SECL for mine CCTV network.
Sterlite Tech bags ₹2,631 Cr BharatNet order in JV with Dilip Buildcon.
Kay Cee Energy wins ₹28.38 Cr transmission project near Kota Greenfield Airport.
NIBE secures ₹23.3 Cr armor plate order to be executed by May 2026.
🛠️ NEW PROJECTS / EXPANSIONS
Mahindra Logistics inaugurates 3 lakh sq. ft. warehouse in Maharashtra.
Artemis Medicare to invest ₹550–600 Cr in VIMHANS hospital project in Delhi.
Hindustan Copper plans ₹2,000 Cr capex to raise mining capacity to 12.2 MTPA by FY31.
InterGlobe Aviation launches new international routes.
🤝 ACQUISITIONS / INVESTMENTS / STAKE BUY
BCL Industries to raise stake in Pioneer Industries to 19.57% through ₹30.8 Cr deal.
Havells receives CCI approval for stake buy in Goldi Solar, Vama Inverters & Goldi Energy LLP.
AIMCO Pesticides invests AUD 30K in Australian subsidiary AKAPL.
🔁 DEMERGER / RESTRUCTURING
Genus Power demerger becomes effective June 7; strategic business moves to Genus Prime Infra.
Bluspring Enterprises lists post Quess Corp demerger.
📉 STAKE SALES / FII STAKE CHANGES
Rekha Jhunjhunwala sells 1.98% stake in Nazara Tech via open market.
🧾 TAX ORDERS / CLARIFICATIONS
United Breweries faces ₹18.6 Cr tax demand; plans to contest legally.
Jubilant Pharmova sees ₹35.9 Cr tax demand quashed for AY18–19.
Star Cement says West Bengal subsidy revocation has no material impact.
🧪 USFDA / REGULATORY APPROVALS
Zydus Life’s Ankleshwar API facility gets USFDA NAI status.
Havells gets CCI nod for stake acquisitions.
Jio Financial receives SEBI investment adviser license.
🧑💼 LEADERSHIP CHANGES
LIC: R Doraiswamy recommended as MD & CEO.
Sutlej Textiles appoints C.S. Nopany as MD; CFO change effective June 11.
Angel One’s Whole-time Director Ketan Shah resigns; effective July 18.
🔁 REBRANDING
Affordable Robotic’s subsidiary ARAPL RaaS rebrands as “Humro”.
Aurionpro launches refreshed brand identity “Lead the Next”.
📈 CREDIT RATINGS / BROKERAGE VIEWS
CLSA bullish on Bajaj Auto, Hero Moto, Shriram Finance, Chola Finance; cautious on IT & FMCG.
Elara expects >80% earnings growth for Oil India.
Elara flags profit hit for USL from Maharashtra excise hike.
Elara anticipates submarine orders for Mazagon Dock.
💰 FUNDRAISING / BUYBACKS
Zee Entertainment board to review fundraising and growth plans on June 16.
Tanla Platforms to consider share buyback on June 16.
📋 MoUs / COLLABORATIONS
Cyient signs MoU with AICTE to establish Innovation Cluster in Vizag.
Garden Reach signs vessel contract with GSI.
🏛️ GOVERNMENT / REGULATORY DEVELOPMENTS
Paytm, MobiKwik: Govt may allow MDR charges on UPI transactions above ₹3K.
MTNL: Govt to review revival plan amid ₹8,300 Cr loan defaults.
Bharti Airtel, Reliance Jio face TRAI scrutiny on 5G FWA user classification.
Hindustan Copper under customs investigation for duty evasion; may gain if import costs rise.
IOB cuts RLLR by 50 bps following RBI rate cut.
Northern Arc receives RBI approval to commence factoring business.
🌐 INTERNATIONAL / GLOBAL EXPOSURE
Tata Motors reports 11.2% YoY rise in May China auto sales.
InterGlobe Aviation expands global footprint with new routes to Almaty, Tashkent, Tbilisi.
Samvardhana Motherson plans $2 Bn bid for Marelli.
🚗 SECTOR WATCH / RISKS
Crisil warns rare earth magnet supply risks may impact EV and auto sector.
India tea exports and North India production up ~10% in 2024.
📜 CORPORATE ACTIONS / AGM / MOA
KCP Ltd approves new subsidiary formation, MOA amendment, and AGM-related resolutions.
📲 STAY UPDATED WITH BEAT THE STREET 🚀
For more updates, join our Telegram channel: [t.me/beatthestreet10]