STOCKS IN ACTION 6 JUNE

RVNL: The company emerged as the lowest bidder for a project worth Rs 391 crore by Eastern
Railway.

Torrent Pharmaceuticals: The company signed a non-exclusive patent pact with Takeda Pharmaceuticals to commercialise Vonoprazan in India.

Intellect Design Arena: The company's consumer banking unit announced the launch of the eMACH ai Digital Engagement Platform (eMACH.ai DEP) at Money20/20 in Amsterdam. The platform offers a single origination platform for retail, SME and corporate entities and can coexist with the older version.

Indian Energy Exchange: The company reported a total monthly volume of 10,633 MU, up 29% YoY, and renewable energy certificate volumes up 640% YoY and the green market achieved growth of 74% Yor.

NBCC India:
The company received 13 orders worth Rs 491 crore.

KPI Green Energy: The company received new orders for a 26.15 MW solar power plant under the Captive Power Producer Segment's

Century Textiles and Industries: The company's arm has entered a joint venture with Barmalt India for a luxury residential group housing development in Gurugram. The land parcel is spread across 13.27 acres with a development potential of approx. 2.4 million sq feet, offering a revenue potential of approx. Rs 5,000 crore.

Bharat Heavy Electricals: The company received an order worth Rs 3,500 crore from Adani Power for setting up a thermal power project in Chhattisgarh.

Kalpataru Projects International: The company is considering raising funds on June 10 via the issuance of NCD on a private placement basis.

Sun Pharma Advanced Research Company: Chetan Rajpara has resigned from the post of CFO.

UNO Minda: The company is in a tech license pact with Lnovance for combined charging units and high-voltage EV products.

Hindustan Aeronautics: ISRO Chairman S. Somanath inaugurated state-of-the-art propellant tank production and computer numerical control machining facilities at the company's Aerospace Division, boosting rocket manufacturing capacity.

Heritage Foods:
The company has launched a new product, Laddus and Ice-Creams, in the Sweet and Ice-Cream category.

Sterlite Technologies: The company terminated Paul Atkinson, CEO of Optical Networking Business, on June 5 and hired MD Ankit Agarwal to take up the additional role of heading the optical networking business on his behalf.

Endurance Technologies: The company has appointed R. S. Raja Gopal Sastry as the Chief Financial Officer of the company.

Nazara Technologies: The company's subsidiary Absolute Sports announced the acquisition of the US entertainment content website SoapCentral.com for an all-cash consideration of $1.4
million (Rs 11.6 crore).

@daytradertelugu
 
 
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