Bull Run Reloaded—₹5,500 Cr Poured In as India Inc. Hits Full Throttle

Today's Market at 08:05 am
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Gift Nifty = 25244.50 (+11.50)

FII and DII Trading Activity June 9, 2025 in Cash market:
FIIs: Net Buy of ₹1,992.87 crore
DIIs: Net Buy of ₹3,503.79 crore

Results Today:
Borana Weaves, Orissa Minerals Development Company, PG Foils, and Supreme Infrastructure India will release their quarterly earnings on June 10.

Key Corporate Developments and Updates:

Wipro: Strengthened Middle East presence with a new regional HQ in Riyadh. While block deal by Azim Premji Trust indicates stake dilution, it doesn’t affect operations and expansion progress. [Positive]
Tata Power: TP Solar crossed 4 GW in module manufacturing and is targeting strong growth in FY26 with ambitious capacity plans. [Positive]
HCLTech: Opened second delivery center in Thiruvananthapuram to serve AI, GenAI, and cloud clients, expanding footprint in tech delivery. [Positive]
Jindal Saw: Announced $105M capex for seamless pipe plant in Abu Dhabi and two JVs in Saudi Arabia for pipe production with 51% stake. Strong international expansion. [Positive]
IRB Infra Developers: Posted 9% YoY revenue growth in May with toll collections rising to Rs 581 crore. Indicates improving traffic and operations. [Positive]
TIL: Launched a new strategic unit ‘TIL Defence’ to consolidate its defense operations and enhance indigenous production. [Positive]
Jupiter Wagons: Electric mobility arm unveiled first showroom in Bengaluru, indicating expansion in green vehicle solutions. [Positive]
Nibe: Entered into licensing agreement with DRDO to manufacture and supply modular bridging systems with exclusive rights to Indian Armed Forces. [Positive]
Protean eGov Technologies: Received Rs 100 crore work order from Bima Sugam India Federation to develop and manage insurance marketplace. [Positive]
ITD Cementation India: Secured a significant contract worth Rs 893 crore for Odisha jetty development, strengthening order book. [Positive]
Zee Entertainment: Partnered with Bullet to launch India’s first micro-drama app, signaling innovation in content strategy. [Positive]
Suzlon Energy: Promoters sold 1.2% stake via block deals, although some institutions picked up shares. Still, promoter exit sentiment weighs. [Negative]
Premier Energies: Large block deal expected as South Asia Growth Fund II plans to offload 5.5% equity stake, potentially signaling weak outlook or profit-booking. [Negative]
Oberoi Realty: CEO of Commercial Real Estate, Pankaj Gupta, resigned — potential leadership vacuum in key segment. [Negative]
AstraZeneca Pharma: MD Sanjeev Kumar Panchal resigned, though successor appointed. Leadership change may temporarily impact investor confidence. [Negative]
Force Motors: CFO Sanjay Kumar Bohra resigned, though replacement was announced. Top-level exit adds uncertainty. [Negative]
 Mahindra and Mahindra Finance: Rights issue of 15.4 crore shares at Rs 194. Capital raise is neutral unless tied to specific growth plans. [Neutral]
Nykaa: Completed second tranche of Rs 5 crore investment into Earth Rhythm. Small-ticket investment; no major impact on operations. [Neutral]
Capri Global Capital: Launched QIP with potential size of Rs 2,000 crore. Fundraising itself is neutral; impact depends on usage. [Neutral]
Infibeam Avenues: Approved letter of offer for rights issue; standard corporate action with no immediate operational shift. [Neutral]
Apollo Pipes: Acquired 1.01% more stake in Kisan Mouldings; minor stake increase. [Neutral]

Stocks Trade Ex-Dividend
Asian Paints, Indian Bank,
Johnson Controls-Hitachi Air Conditioning India, Tata Investment Corporation
Stock Trades Ex-Date for Split
Vesuvius India
Stocks in F&O Ban
Titagarh Rail Systems, Aditya Birla Fashion and Retail, Chambal Fertilisers and Chemicals, Hindustan Copper

Source: NDTV Profit, Moneycontrol, NSE India, Investing.com