Tuesday, 3 June 2025

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*India Daybook – Stocks in News*


*Biocon:* Company gets approval for diabetes drug Liraglutide in India (Positive)

*PTC India Financial Services:* Company received Rs 125 Cr from NSL, recovering the entire principal amount under the resolution plan (Positive)

*Frontier Springs:* Company Has Received Orders for Air Springs Assembly Aggregating to a Total Value of Rupees 92.6 cr (Positive)

*HCL Tech:* Company announces a strategic partnership with UiPath to accelerate Agentic Automation for global enterprises (Positive)

*ISGEC Heavy Engineering:* National Green Tribunal Grants Permission to Resume Operations of Unit. (Positive)

*Mahamaya Steel Industries:* Company reported May 2025 sales of 14,518.230 MT (Positive)

*Sarda Energy:* Company received consent to operate from Chhattisgarh Environment Conservation Board for its coal washery expansion in Raigarh (C.G.). The expansion increases production capacity from 0.96 MTPA to 1.8 MTPA. (Positive)

*Star Cement:* Company has successfully commenced commercial production of Aac Blocks (Positive)

*Yes Bank:* SMBC to seek RBI license to operate full-owned subsidiary ahead of Yes Bank stake acquisition. (Positive)

*Man Ind:* Company announced plans to raise up to ₹300 crore through a preferential allotment of convertible warrants and equity shares t (Positive)

*Mphasis:* Company continues to be a service provider in FedEx ecosystem, other aspects of the article are purely speculative. (Positive)

*Salzer:* Company announces the incorporation of a Special Purpose Vehicle, Effilume Private Limited, in partnership with Schnell Energy Equipment Private Limited (Positive)

*Britannia Industries:* A strike at the Jhagadia plant in Gujarat has been called off. (Positive)

*Niva Bupa Health:* M Pallonji and Co bought 1.35 crore shares at Rs 83.95 per share. (Positive)

*Star Health:* Promoter Setu Aif Trust bought 12.65 lakh shares on May 27 and 30 (Positive)

*Sai Silks:* Promoter SSKL Family Trust bought 1.5 lakh shares. (Positive)

*Reliance Infrastructure:* Company aims for Rs 3,000 crore in defence exports within two years. (Positive)

*Maruti:* Company’s total production in May increased by 1.4% YoY to 1.95 lakh units compared to 1.93 lakh units (Positive)

*Aptus Value:* Private equity firm Westridge Investments is set to divest a 9.8% stake in Aptus Value Housing Finance India Ltd through a block deal worth ₹1,495 crore (Neutral)

*Zinka Logistics:* Block deal launched; Quickroutes International to sell 9% Stake At ₹405 Floor Price, aims to raise ₹647 Cr. (Neutral)

*Ajcon Global Services:* Company announced a record date of June 20, 2025, for a stock split. (Neutral)

*LIC Housing Finance Ltd:* Company announced the appointment of three Senior Management Personnel (SMP) on June 2, 2025 (Neutral)

*Mahindra Holidays & Resorts:* Company announced the appointment of Ms. Asha Kharga as Chief Customer Officer (Neutral)

*Matrimony. com:* Company announced the resignation of Mr. Mayank Anand Jha, Vice President, Operations, from senior management, effective June 2, 2025. (Neutral)

*Jindal Stainless:* Company Buys 33.64% in Oyster Renewable's 282mw SPV, Company to Invest Up to Rs 1.32 billion in Oyster SPV. (Neutral)

*Adani Group:* As per reports by WSJ, US Justice Department Is investigating whether Adani’s Companies Violated U.S. Sanctions on Iran, Adani Faces Scrutiny as Prosecutors Review LPG Tanker Activities: WSJ. Adani Group stated that not aware of any investigation by US authorities on subject of sanctions evasion / trade in Iranian LPG (Neutral)

*Everest Industries:* Company appointed Mr. Rajesh Gagrani as CFO, effective June 2, 2025. (Neutral)

*Torrent Power:* Company Has Signed A Long-Term SPA with BP Singapore Pte. Ltd, a Subsidiary of Global Integrated Energy Company Bp, For Supply Of Up To 0.41 MMTPA of LNG from 2027 To 2036 (Neutral)

*Mittal Life Style:* Company Acquires 100% Stake in JK Infrasol, Making it Wholly Owned Subsidiary for Rs 8.88 crore (Neutral)

*Century Extrusion:* Resignation of Mr.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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