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India Inc Ignites While Global Markets Fumble: A Symphony of Defence, Deals & Decarbonization Fuels the Street


Updated: June 05, 2025 08:18

Image Source: wownews24x7

Today's Market at 08:10am
US Market (Futures)
      Nasdaq = +13.10
      Dow Jones = -21.20
      S&P 500 = -3.90
European (Futures)
      Ftse 100 = +0.50
      Cac 40 = +15.20
      Dax = +14.30
Asian
      Nikkei 225 = -123.95
      ASX 200 = +1.10
      Straits Times = +2.11
      Hang Seng = +228.97
      KOSPI = +53.97
      Taiwan weighted = +36.50
      Shanghai (SSEC) = -0.39
Gift Nifty = 24733.50 (-2.50)

FII and DII Trading Activity June 4, 2025 in Cash market:
FIIs: Net Buy of ₹1,076.18 crore
DIIs: Net Buy of ₹2,566.82 crore

Key Corporate Developments and Updates:

REC: Proposed to raise up to ₹1.55 lakh crore via Non-Convertible Debentures (NCDs) on a private placement basis—indicating strong fundraising plans to support future operations or lending. [Positive]

Hindustan Aeronautics: Clarified that talks with GE on LCA Mark 2 aircraft engines are progressing well and denied rumors of negotiations with other companies—provides clarity and focus in critical defense collaborations. [Positive]

Power Grid Corp: Acquired MEL Power Transmission for ₹8.53 crore, signaling network expansion and asset growth. [Positive]

Honasa Consumer: NCLT approved its scheme of amalgamation with Fusion Cosmeceutics and Just4Kids Services—likely to simplify structure and enhance synergies. [Positive]

Force Motors: Domestic sales rose 24.5% YoY in May, total sales up 19.4% YoY—despite export decline, domestic strength supports positive sentiment. [Positive]

Newgen Software Tech: Won a $2.5 million international supply and implementation order—boosts topline and global presence. [Positive]

Sansera Engineering: Received ₹160 crore order from Airbus Defence & Space S.A.U., strengthening aerospace portfolio. [Positive]

CESC: Its arm signed a supply and commissioning agreement with Envision Energy for wind turbine generators—adds to renewable energy portfolio. [Positive]

Bharat Electronics: Bagged fresh defence orders worth ₹537 crore for communication and electronic systems—consistent order inflow sustains strong backlog. [Positive]

Adani Enterprises: Raised $750 million via external commercial borrowings for debt refinancing and capacity expansion at Adani Airports—supports growth and infrastructure development. [Positive]

Maruti Suzuki: Announced ₹925 crore investment to scale solar power capacity to 319MWp by FY31—green energy push aids ESG positioning. [Positive]

NTPC Green Energy: Won 1,000 MW solar project in UPPCL auction at ₹2.56/kWh—demonstrates competitiveness in clean energy bidding. [Positive]

KEC International: Secured new orders worth ₹2,211 crore across multiple sectors including T&D, pipelines, and cables—healthy order inflow across segments. [Positive]

Vedanta: Increased renewable energy capacity to 1.03 GW and targets 2.5 GW by 2030—shows commitment to sustainability goals. [Positive]

Force Motors: The company's total sales for the month of May reported at 3088 units vs. 2592 units (YoY) [Positive]

Deccan Gold Mines: Geomysore’s Jonnagiri Gold project receives consent to operate from the Andhra Pradesh Pollution Control Board (APPCB) [Positive]

Kothari Industrial Corporation: The Company forms Consortium with UAE based Beeah Tandeef to pursue sustainability and waste management projects in Tamilnadu. [Positive]

Gland Pharma: Received 11 observations from the France Medical Regulator on its manufacturing unit; though operations aren't disrupted, regulatory scrutiny can affect reputation and timelines. [Negative]

YES Bank: Carlyle’s CA Basque Investments offloaded 2.62% stake, reducing total to 4.22%, losing board nomination rights—indicates weakening investor confidence. [Negative]

Escorts Kubota: Launched BLX 75 model under its construction equipment line—product launch with no performance data yet to gauge impact. [Neutral]

Stocks Trade Ex-Dividend
Jindal Saw, Rallis India
Stock Trades Ex-Date for Rights
Ugro Capital
Stock in F&O Ban
Manappuram Finance, ABFRL

Source: NDTV Profit, The Financial Express, Nuvama, Moneycontrol, NSE India, Investing.com

 

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