Market Commentary     18-Jun-24
Stock Alert
Stock alert: Ixigo, Westlife Foodworld, Bharti Airtel, Som Distilleries, Paytm

Securities in F&O ban: Balrampur Chini Mills, GMR Infra, Hindustan Copper, India Cements, SAIL, SUN TV network.

Travel platform Ixigo's parent company, Le Travenues Technology, debuts on the stock exchange today, June 18th, 2024. Their IPO, priced between Rs 88 and Rs 93 per share, received a strong response with over 98 times subscription during the June 10th to 12th application window.

Westlife Foodworld: Promoter Anurag Jatia sold 39,800 shares on June 11th, 12th.

Advanced Enzyme Technologies: Promoter Advanced Vital Enzymes sold 2.34 lakh shares on June 12th, 13th.

Bharti Airtel prepaid Rs 7,904 crore to clear deferred liabilities for spectrum acquired in 2012 and 2015. The company fully prepaid all deferred liabilities related to spectrum acquired in 2012 and 2015.

Som Distilleries and Breweries terminated the contract with vendor services of its associated company over allegations of child labour. Police has launched an investigation after the Government's child protection agency found out children working at its liquor factory in Madhya Pradesh.

One97 Communication (Payim) is in talks with Zomato to sell its movie and ticketing business. The fintech firm is going to focus on its core business: payment and financial services along with goods commerce.

Adani Enterprises' promoters increased their stake in the company to 73.95% from 71.93% after acquiring 2.02% equity between September 2023 and June 2024.

State Bank of India will raise MCLR by 10 bps across tenures effective June 15th.

Jubilant Pharmova's US-based arm to voluntarily prepay a term loan worth Rs 626 crore and the company's arm to invest $50 million to expand its radiopharmacy network in the US.

RVNL emerged as the lowest bidder for a project worth Rs 160 crore from East Coast Railway.

Life Insurance Corporation of India has clarified that no formal proposal has been initiated to enter the health insurance market.

Adani Power incorporated a wholly owned subsidiary in Singapore.

InterGlobe Aviation amended its existing pact with Pratt & Whitney affiliate International Aero Engines, IAE, to give compensation to the company for the unavailability of engines.

Rites signed a Mou with Damodar Valley Corp. for innovation in rail infrastructure.

Elgi Rubber's Brazilian unit has executed an agreement for the sale of land to Sergio Augusto Pimentel Zeraik, Brazil for Rs 4.5 crore.

Pidilite Industries' Industria Chimica, Italy joint venture ICA Pidilite entered into an agreement with ICA for licensing of certain UV technology from ICA.

Vashu Bhagnani Industries signed a deal with Pooja Leisure and Lifestyle for the transformation of commercial buildings in Juhu.

INOX Wind incorporated four wholly-owned subsidiaries.

Supriya Lifescience's CEO and KMP Rajeev Kumar Jai will be retiring from the services effective June 14th on attaining the age of superannuation.

Blue Dart appointed Dipanjan Banerjee as Chief Commercial Officer.

Previous News
  Cartrade Tech Ltd leads losers in 'A' group
 ( Hot Pursuit - 24-Feb-26   15:00 )
  Adani Group commits USD 100 billion to develop AI infrastructure ecosystem in India
 ( Corporate News - 17-Feb-26   17:25 )
  Adani Group stocks gain after $100 billion AI infrastructure push
 ( Hot Pursuit - 17-Feb-26   14:43 )
  Westlife Foodworld Ltd leads gainers in 'A' group
 ( Hot Pursuit - 05-Feb-26   12:00 )
  Westlife Foodworld consolidated net profit declines 85.45% in the December 2025 quarter
 ( Results - Announcements 04-Feb-26   17:00 )
  Adani Ent sizzles after Q3 profit spikes 97x to Rs 5,627 cr
 ( Hot Pursuit - 03-Feb-26   16:50 )
  Adani Enterprises consolidated net profit rises 9630.28% in the December 2025 quarter
 ( Results - Announcements 03-Feb-26   16:28 )
  Hindustan Zinc Ltd Spurts 2.93%, BSE Metal index Gains 1.63%
 ( Hot Pursuit - 27-Jan-26   09:30 )
  Adani Enterprises announces acquisition of 72.8% stake in Flight Simulation Technique Centre
 ( Corporate News - 23-Jan-26   19:30 )
  Adani Green Energy Ltd leads losers in 'A' group
 ( Hot Pursuit - 23-Jan-26   15:00 )
  Le Travenues Technology consolidated net profit rises 56.31% in the December 2025 quarter
 ( Results - Announcements 23-Jan-26   07:38 )
Other Stories
  Stock Alert: Fractal Analytics, Wipro, Tata Elxsi, DRL
  06-Mar-26   07:55
  Stock Alert: Bharat Forge, Gujarat Gas, GE Shipping, Neogen Chemical
  05-Mar-26   07:48
  Stock Alert: Adani Ports, Natco Pharma, Gland Pharma, Allied Blenders, JSW Cement
  04-Mar-26   07:56
  Stock Alert: Aurobindo Pharma, Oriental Rail, ITCONS E-Solution, SWPE, Artefact Projects
  02-Mar-26   07:50
  Stock Alert: NBCC, Tata steel, Netweb Tech, Brigade Enterprises, BPCL, Hindalco
  27-Feb-26   07:34
  Stock Alert: Lupin, Zydus Life, Shaily Engineering, KSB, Sanofi India, KP Energy, RVNL
  26-Feb-26   07:25
  Stock Alert: HG Infra, IRFC, RVNL, Schaeffler India, Dr Reddys Lab, Waaree Energies
  25-Feb-26   07:32
  Stock Alert: Tata Tech, Torrent Power, MobiKwik, Bharti Airtel, IDFC First Bank, BPCL, Chalet Hotels
  24-Feb-26   07:38
  Stock Alert: Bharti Airtel, UPL, RailTel Corp, Cipla, Highway Infrastructure
  23-Feb-26   07:35
  Stock Alert: RailTel Corp, Texmaco Rail & Engineering, GHV Infra Projects, IIFL Finance
  20-Feb-26   08:07
Back Top