Market Commentary     03-Jun-24
Stock Alert
Stock alert: auto firms, Angel One, Adani Ports, NTPC, Aurobindo Pharma
Shares of auto companies will be in focus after May sales data announcement.

Canara Bank is to dilute a 14.5% stake in the arm of Canara HSBC Life through an IPO.

Bank of India is to raise MCLR by 5 bps across most tenures, effective June 1st.

Angel One's arm incorporated a wholly owned subsidiary for the distribution of financial products and services.

PNC Infratech arm gets a one-time settlement amount worth Rs 391 crore from NHAl.

Adani Ports and Special Economic Zone's arm has signed a 30-year concession pact with the Tanzania Ports Authority for container terminals.

Wipro has expanded its retail media offering by partnering with Cisco and AT&T.

NTPC commissioned the second and last part capacity of 33 MW out of the 90 MW Anta Solar PV Project in Rajasthan. The company’s total capacity on a standalone and group basis now stands at 59,168 MW and 76,048 MW, respectively.

Aurobindo Pharma's arm executed a master service pact with Merck Sharpe and will invest Rs 1,000 crore for the manufacturing facility.

REC approved raising up to Rs 1.45 lakh crore through bonds and appointed Harsh Baweja as CFO.

Inox Wind's board of the company has approved raising Rs 1,000 crore in one or more tranches through preference shares. The fundraising is subject to all requisite approvals, including those of the shareholders.

Previous News
  REC announces incorporation of subsidiary - Jalna Power Transmission
 ( Corporate News - 30-Jun-25   19:33 )
  REC announces incorporation of subsidiary - Davanagere Power Transmission
 ( Corporate News - 27-Jun-25   16:31 )
  Bank of India spurts 0.88%, gains for five straight sessions
 ( Hot Pursuit - 27-Jun-25   13:00 )
  REC announces incorporation of step-down subsidiary
 ( Corporate News - 26-Jun-25   18:41 )
  Board of Bank of India approves infra bonds issue of Rs 20,000 cr in FY26
 ( Corporate News - 26-Jun-25   15:37 )
  Canara Bank spurts 2.85%, up for third straight session
 ( Hot Pursuit - 24-Jun-25   13:05 )
  Bank of India to conduct board meeting
 ( Corporate News - 21-Jun-25   10:59 )
  REC intimates on Subsidiary incorporation
 ( Corporate News - 18-Jun-25   13:55 )
  Canara Bank slips for fifth straight session
 ( Hot Pursuit - 17-Jun-25   13:35 )
  REC Ltd drops for fifth straight session
 ( Hot Pursuit - 16-Jun-25   13:35 )
  Bank of India down for fifth straight session
 ( Hot Pursuit - 16-Jun-25   13:35 )
Other Stories
  Stock Alert: Waaree Energies, Asian Paints, Rattanindia Ent, BHEL, Prestige Estates
  30-Jun-25   08:05
  Stock Alert: Hitachi Energy, Power Mech Projects, Torrent Pharma, Western Carriers
  27-Jun-25   08:04
  Stock Alert: Wheels India, Balaji Amines, Ask Automotive, CEAT, H.G. Infra Engg
  26-Jun-25   08:06
  Stock Alert: PTC Inds, Mastek, Aurobindo Pharma, JB Chemicals, Hindalco Inds
  25-Jun-25   08:07
  Stock Alert: Satin Creditcare, KPIT Tech, Lemon Tree Hotels, Metro Brands
  24-Jun-25   08:12
  Stock Alert: Lloyd Metals, CEAT, Waaree Renewable Tech, EMS, Interarch Building
  23-Jun-25   08:02
  Stock Alert: Mastek, Kaynes Tech, Kamat Hotels, Uno Minda, Natco Pharma
  20-Jun-25   08:04
  Stock Alert: Vodafone Idea, Avas Financers, Zydus Life, Medplus Health, Jio Financial Services
  19-Jun-25   08:12
  Stock Alert: Ugro Capital, Heranba Inds, Polycab India, EMS, Manba Finance
  18-Jun-25   08:12
  Stock Alert: Zee Entertainment, Hikal, NTPC, Biocon, Hyundai Motor India
  17-Jun-25   08:09
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