📍 ORDER WIN

• Bharat Heavy Electricals Ltd (BHEL): Shares of BHEL gained after the company secured a significant order worth ₹6,500 crore from Adani Power Limited for supplying steam turbine generator sets and supervising the erection and commissioning of six 800 MW thermal units.
• Hind Rectifiers: The company's share price rose following an announcement of a ₹127 crore domestic order from Indian Railways for the supply of critical railway components. This order is scheduled for execution within FY 2026–27.
• Waaree Energies: Waaree Solar Americas, the US arm of Waaree Energies, received an order for the supply of 540 MW solar modules from a customer in the US.
• ITD Cementation: The company rallied after securing a ₹580 crore international marine contract.
• Ahluwalia Contracts (India): The firm secured two major domestic construction projects totaling ₹1,103.56 crore.
• NLC India: NLC India received a Letter of Award from NTPC Ltd for developing a 450 MW wind-solar hybrid power project across Rajasthan and Gujarat.

📍 ACQUISITION & MERGER

• Torrent Pharmaceuticals: Torrent Pharmaceuticals announced its acquisition of a 46.39% controlling stake in JB Chemicals and Pharmaceuticals from KKR, at an equity valuation of ₹25,689 crore (on a fully diluted basis), with plans to merge the two entities. This transaction will be executed in two phases.
• Mazagon Dock Shipbuilders: The state-run defence shipbuilder approved the acquisition of a controlling stake in Colombo Dockyard PLC, Sri Lanka, for $52.96 million (about ₹452 crore) from Japan's Onomichi Dockyard Co. This marks Mazagon Dock's first major international expansion in maritime infrastructure.

📍 REGULATORY & COMPLIANCE

• Jaiprakash Associates: The company was fined ₹3.06 lakh by both BSE and NSE for failing to submit its financial results for the quarter and financial year ended March 31, 2025, within the prescribed timeline.
• Ministry of Corporate Affairs (MCA): The deadline for mandatory dematerialization of securities for private companies has been extended to June 30, 2025.
• Starlink: Elon Musk's Starlink is nearing final regulatory approval to launch its satellite internet services in India, with the Indian National Space Promotion and Authorisation Centre (IN-SPACe) issuing a draft agreement.

📍 COMPANY SPECIFIC

• Vodafone Idea: Shares of Vodafone Idea rose despite the company reporting subscriber losses in May 2025.
• UGRO Capital Limited: The DataTech NBFC released the third edition of its Social Impact Report, highlighting its expanding reach to over 135,000 MSMEs.
• Reliance Defence Limited: The company announced a strategic agreement with US-based Coastal Mechanics Inc. (CMI) to jointly address India's ₹20,000 crore defence maintenance, repair, overhaul (MRO), and upgrade market opportunity.
• HCLTech: HCLTech announced a multi-year partnership with OpenAI to drive enterprise AI adoption, integrating OpenAI models across its platforms.
• Karnataka Bank: The bank's shares plummeted over 7% following reports of top management resignations.
• Raymond Realty: Shares of Raymond Realty are set to list on stock exchanges tomorrow, June 30, 2025.
• State Bank of India (SBI): SBI was rated 'Outperform' by CLSA, with a target price of ₹1,050, citing value unlocking potential from its stakes in Yes Bank and NSE.
• Sigachi Industries: Shares of Sigachi Industries plunged 15% after an explosion at its Telangana plant.
• Jio Financial: Jio Financial shares zoomed 13% in the week leading up to June 30, 2025.
• Vinyas Innovative Technologies Limited: The company's board approved raising funds up to ₹150.04 crore by way of a preferential issue of fully convertible warrants.

📍 MARKET OVERVIEW

• Indian equity benchmarks, Sensex and Nifty, eased on Monday, snapping a four-session rally due to profit-taking in financials. The Nifty 50 shed 0.47% to 25,517.05 and the BSE Sensex fell 0.54% to 83,606.46. Despite the weakness in large-cap indices, broader markets remained resilient, with small- and mid-cap indexes outperforming. PSU banks emerged as outperformers, with the Nifty PSU Bank index rallying 2.7%.

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

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