Positive Buzz

• JTL Industries is set to install a new ASTM/API-Grade ERW line, which is projected to add a substantial annual capacity of 300,000 MTPA, signaling a positive outlook for the company.
• Puravankara has announced a significant expansion in East Bengaluru through a joint development project valued at ₹1,000 crore.
• Indian Renewable Energy Development Agency (IREDA) shares are expected to be in focus following government approval to raise funds via 54EC bonds, allowing it to join a select group of state-run companies authorized to issue such capital gains bonds.
• Muthoot Capital Services has authorized the issuance of Non-Convertible Debentures (NCDs) amounting to ₹1.3 billion through private placement, offering an annual coupon rate of 9.5%.
• Enviro Infra saw its share price jump after its joint venture secured an order worth ₹395.5 crore from the Maharashtra Industrial Development Corporation.
• ACME Solar has witnessed an 8% increase in its share price, nearing a record high, with Elara Capital projecting a further 15% upside.
• Religare Enterprise is scheduled for a board meeting on July 11, 2025, to discuss a potential fundraising initiative through a preferential offering of securities.
• KPI Green Energy has received Special Purpose Vehicle (SPV) approval.
• Synergy Green Industries secured an order from the Adani Group.
• Oil India has entered into a 15-year gas supply agreement with GAIL for its Rajasthan fields.
• Signature Global shares rose 3.7% on Thursday, with Axis Capital indicating a potential 43% further increase.
• Gabriel India has seen a 51% surge in July, prompting Anand Rathi Share and Stock Brokers to recommend a 'Buy' rating.
• Shilpa Medicare shares advanced after the company secured GMP certification from Saudi Arabia's SFDA for its Unit VI facility.

Neutral Developments

• Ex-Dividend Stocks: A total of 23 companies, including prominent names such as Atul, Zydus Wellness, IDFC First Bank, Shriram Finance, Apollo Tyres, Nilkamal, Jenburkt Pharmaceuticals, D-Link (India), and Zensar Technologies, are trading ex-dividend on July 11, 2025. This is a routine corporate action where the stock price typically adjusts by the dividend amount.
• Multi Commodity Exchange (MCX) has commenced electricity futures trading from July 10, 2025, aiming to provide a hedging mechanism against volatile power prices.
• State Bank of India (SBI) is reportedly preparing to raise ₹250 billion (approximately $2.9 billion) through an institutional share sale, potentially as early as next week, marking a significant capital expansion move.
• The Q1 FY25 earnings season for top Indian listed companies is kicking off today, July 11, 2025, with Amal and Elecon Engg among the first to report.

Negative News

• IT Stocks, including TCS, Infosys, Tech Mahindra, and HCL Tech, are facing weakness due to expectations of a muted start to the Q1 earnings season. Caution is advised for TCS shares specifically, owing to anticipated revenue weakness and global challenges.
• Bharti Airtel and HDFC Life Insurance Co. were noted as significant drags on benchmark indices during Thursday's trading session.
• Ola Electric shares reached a new all-time low on Thursday following a block deal involving 1.29 million shares.
• Trent experienced a notable drop in its share price in July 2025 after a surprising growth update, serving as a cautionary signal for investors in stocks with high price-to-earnings ratios.
• The Nifty India Defence Index saw a decline of over 2% on July 10, with stocks like BDL, GRSE, and Solar falling by up to 5%.

TAGS: Stocks in News, Stock Market, Buzzing Stocks, Nifty, Sensex

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