Waaree Energies Ltd : Waaree Solar Americas, a unit of the company, has secured a significant order for the supply of 540 MW solar modules from a US-based developer of utility-scale solar and energy storage projects.
Mazagon Dock Shipbuilders Ltd board approved the acquisition of a controlling stake in Colombo Dockyard PLC, a Sri Lanka-listed shipbuilding firm, for $52.96 million (approx ₹452 crore). The acquisition will be made from Japan’s Onomichi Dockyard Co., marking Mazagon’s strategic overseas expansion in maritime infrastructure.
Ahluwalia Contracts (India) Ltd won two large domestic construction projects with a total contract value of ₹1,103.56 crore.
BHEL got a new order from Adani Power to supply important equipment and oversee work for six large thermal power units, each with 800 MW capacity.
Piramal Enterprises Ltd invested ₹700 crore into its own finance arm, Piramal Finance Ltd, through a rights issue. The money will be used to support the business and other general needs.
Hindustan Aeronautics Ltd announced a final dividend of ₹15 per share for FY25. August 21 is the record date.
ITD Cementation India Ltd won a big overseas project worth $67.4 million (around ₹580 crore) to build a jetty for the Ruwais LNG project in Abu Dhabi.
PSU Bank sector : Following a key meeting with the Finance Minister, government officials stated that PSU banks have been urged to accelerate credit disbursal, aiming for higher credit growth than last FY. The sector continues to show improved asset quality, with net NPA falling to 0.52% as of March FY25.
Adani Group stocks : The United States SEC, in a court filing to the US District Court of New York, has conveyed that summons and complaints against Gautam Adani and Sagar Adani have yet to be served on them. The case pertains to allegations levelled by the SEC against Gautam Adani and Sagar Adani. In November 2024, the SEC had alleged violations of US federal laws, with Gautam Adani and Sagar Adani making “false and misleading” representations about Adani Green Energy with respect to a debt fund raise of $175 million in September 2021.
Central Bank of India has acquired 24.91% in Future Generali India Insurance and 25.18% in Future Generali India Life Insurance. The move follows key agreements with the Generali Group and marks a strategic push of the lender into the insurance space.
Asian Paints has acquired the remaining 40% equity stake in Obgenix Software Private Limited, which operates under the brand ‘White Teak’, for a cash consideration of ₹188 crore.
NLC has received a LoA from NTPC Ltd to develop a 450 MW interstate transmission system (ISTS)-connected wind-solar hybrid power project.
Banking and insurance stocks : Government officials have raised concerns over mis-selling practices, especially via bank-led channels. Insurers have been advised to adopt transparent sales methods, offer reasonably priced policies, and improve claim processing speed. The shift in regulatory tone could influence operational strategies for major financial institutions going forward.
Bharat Forge Ltd : Following a fresh development in the ongoing family dispute within the Kalyani Group, Bharat Forge is in spotlight. Sugandha Hiremath, sister of group patriarch Baba Kalyani, has accused another brother, Gaurishankar Kalyani, of siphoning assets from the family’s HUF structure. The legal battle, centred around the ownership and control of group assets, investments, and properties, could draw investor attention given Bharat Forge’s prominent ₹62,000 crore market capitalisation.
Torrent Pharma to acquire controlling stake in JB Chemicals at equity valuation of Rs 25,689 crore, followed by merger.
Hind Rectifiers won Rs 127 crore order from Indian Railways to be executed by FY27.
AU Small Finance Bank approved Rs 11,000 crore fundraising limits for 12 months and appointed Jagajit Mangal Prasad as independent director.
Gujarat Industries Power commissioned 105 MW of 600 MW Khavda solar project.
Devyani International: Sky Gate to acquire remaining stake in Black Velvet and Say Chefs for Rs 18.91 crore in related-party deal.
Jindal Worldwide: Approved sale of 51% in Goodcore Spintex, which posted FY25 revenue of Rs 252 crore and PAT of Rs 8 crore.
Titagarh Rail Systems: Secured Rs 430 crore order for 12 additional Pune Metro train sets.
Amber Enterprises: Amber Group to acquire majority stake in Power-One Micro Systems.
Rainbow Children’s Medicare to acquire 76% equity and 100% preference shares in Prashanthi Medicare, which runs a 100-bed hospital.
Neuland Laboratories: Received EIR from USFDA for Sangareddy facility.
Nazara Technologies: Subsidiary to infuse Rs 8.66 crore in Getstan Technologies.
Oriental Rail: Allotted 5 lakh shares to promoter at Rs 169 each.
Suzlon Energy: SEBI disposed of adjudication proceedings.
Shilpa Medicare: NCLT approved merger with INM Technologies.
Sarda Energy & Minerals received approval to operate a coal gasifier plant.
Granules India: USFDA issued one observation to US unit.
NTPC: Commissioned additional 288.9 MW solar capacity at Khavda.
Medplus Health: Subsidiary received drug licence suspension for Tamil Nadu store, revenue impact ~Rs 38,000.
Aptus Value Housing: Credit rating upgraded to CARE AA: Stable.
Vodafone Idea: Reduced directorship threshold to 10% for non-government shareholders.
Tata Communications subsidiary settled tax issue with Canada Revenue Agency.
Cochin Shipyard: Bagged Rs 100–250 crore order from Polestar Maritime for two 70 T tugs.
Alembic Pharma: Received USFDA approval for cancer drug Doxorubicin Liposome injection.
NTPC Green Energy: Commissioned final 120 MW of 220 MW Shajapur solar project.
Tata Steel: Received Rs 1,007 crore GST demand notice, net exposure estimated at Rs 493 crore.
Aurobindo Pharma: Subsidiary resumed Penicillin-G production after regulatory clearance.
Hindustan Copper: Signed MoU with Indian Oil for critical minerals block auctions.
Signature Global: To invest Rs 2,200 crore in Gurugram housing project to be completed by 2031.
Kalpataru Projects: Subsidiary to issue termination notice to NHAI over defaults.
Mahindra Holidays received Rs 363 crore GST demand notice for FY19.
Zen Technologies secured a patent for innovation in laser-based combat training; Ravi Kumar Midathala retired as whole-time director.
Remsons Industries arm Remsons Automotive received purchase order worth Rs 80 crore from Ford Otosan.
eMudhra acquired 51% stake in Cryptas International for 5 million euros.
Interarch Building received Rs 77 crore construction order from Amara Raja Infra.
BHEL: The company received Rs 6,500 crore order from Adani Power for 6 thermal units of 800 MW.
REC incorporated step-down arm Davanagere Power Transmission.
Acutaas Chemicals’s arm Baba Advance Materials entered a JV with Materials, a South Korean Company, whereby BAML will hold 75% stake in JV company Indichem and the remaining 25% stake of the JV will be held by J & Materials.
Jyoti CNC Automation: A significant block deal is expected involving the sale of 1.37 crore shares, representing a 6.02% stake in the company. This block deal, executed by non-promoters at a price of Rs 1,125.6 per share, amounted to a total value of Rs 1,542 crore.
Piramal Enterprises to make an investment worth Rs 700 crore in arm Piramal finance via rights issue.
Rattanindia Enterprises board is set to meet on July 2 to consider proposals for fundraising.
Expleo Solutions approved a proposal to incorporate new arms in Gift City, Gujarat.
TVS Holdings acquired additional 9.4 crore shares of arm Home Credit India finance for Rs 121.6 crore.
Tinna Rubber and Infra approved allotment of 8.8 lakh shares aggregating to Rs 78.7 crore to eligible QIBs, at an issue price of Rs 888 per share.
Epack Durable incorporated Arm Bumjin India Audio Products.
Zydus Life to make an investment of Rs 3.9 crore for subscription of 22.06% stake in torrent Urja 25.
Himadri Speciality allotted commercial paper of Rs 200 crore.
Hindustan Rectifiers received Rs 101-crore order from Indian Railways.
Aditya Birla Capital to issue bonds worth Rs 1,301 crore to Asian Infrastructure investment bank.
Neogen Chemicals received Rs 50 crore towards an on-account payment for loss of property from insurance company.
ICICI Bank allots bonds worth Rs 1,000 crore bearing face value of Rs 1 crore each on private placement basis.
ITD Cementation received an international marine contract worth nearly Rs 580 crore in Abu Dhabi.
GAIL subscribed to a rights issue of 106.7 crore shares in JV company Talcher Fertilizer. Acquisition of share in TFL is expected to be completed on or on or before July 9.
Timex Group: Promoter Timex Group Luxury Watches B V sold 15% stake via OFS.
PB Fintech will make an investment of Rs 10 crore in arm PB Pay.
VRL Logistics board to meet on July 4 to consider the issue of bonus shares.
RVNL emerged as the lowest bidder for South Central Railways’ Rs 213-crore project.
Arihant Foundation and Housing is in an agreement with Prestige group to acquire 3.48-acre land in Chennai from Rane Madras.
Crompton Greaves Consumer launched AC capacitor CapMaxx 2.5MFD in the B2C lighting category.
Sula Vineyards will make an investment of Rs 13 crore by subscribing to rights issue of Artisan Spirits, comprising up to 98 lakh shares.
Panorama Studios is in distribution agreement with Reliance Industries for Hindi language film MAA.
Hindustan Oil Exploration stopped production at Block B- B-80 due to adverse weather.
Samvardhana Motherson approved issuance of NCDs worth Rs 2,025 crore on private placement basis.
Kalpataru Projects arm received an intention to Issue Termination Notice from NHAI. NHAI alleged continued default in payment of premium arbitrarily claiming Rs 351 crore.
Vesuvius India’s Visakhapatnam plant commenced commercial operations.
Nazara Technologies arm Sportskeeda acquired intellectual property rights of prime timer for Rs 4.28 crore. Omaxe: The company arm received RERA registration certificate in project Omaxe new palwal phase-1 in Haryana.
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Insider Trading
Jindal Steel & Power: Promoter Jindal Power bought 17,020 shares.
Signpost India: Promoter Pramina Suchanti sold 63,717 shares.
360 ONE WAM: Promoter Yatin Shah sold 13 lakh shares. Promoter Shilpa Bhagat revoked a pledge for 11.03 lakh shares, Promoter Shilpa Bhagat revoked a pledge for 11.03 lakh shares, Promoter Shilpa Bhagat sold 18.03 lakh shares.
Patel Engineering: Promoter Janky Patel created a pledge for 2.93 crore shares.
Aarti Pharmalabs: Promoter Orchid Family Trust (Relacion Trusteeship Services Private Limited) sold 25,000 shares, Promoter Tulip Family Trust (Gloire Trusteeship Services Private Limited) sold 44,000 shares.
Salasar Techno Engineering: Promoter Shikhar Fabtech Pvt. sold 9.54 lakh shares, while Promoter Alok Kumar sold 2.83 lakh shares, Promoter Base Engineering LLP sold 80,170 shares.
Maharashtra Seamless: Promoter Brahmadev Holding and Trading Ltd. bought 2.09 lakh shares, Promoter Odd & Even Trades & Finance Ltd. bought 67,000 shares, Promoter Amruit Promoters and Finance LLP sold 1 lakh shares, Promoter Amruit Promoters and Finance LLP sold 1.75 lakh shares.
India Pesticides: Promoter Ansh Swarup Agarwal bought 2,225 shares.
D. B. Corp: Promoter D B Power bought 17,710 shares.
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Trading Tweaks
Securities to be included from ST-ASM Framework: Astec LifeSciences, Diamond Power Infrastructure, Thomas Scott (India).
Price Band change from 10% to 5% band: Thomas Scott (India).
Price Band change from 2% to 5% band: Gensol Engineering.
Ex-Dividend: Dalmia Bharat Sugar and Industries, The Indian Hotels.
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F&O Cues
Nifty July Futures up by 0.55% at a premium of 120 points. OI up by 0.42%.
Nifty Options July 3 Expiry: Maximum Call OI at 26,500 and Maximum Put OI at 25,000.
Securities in ban period: Nil.