News that may have an impact on prices of some stocks today, 14th July, 2025

Apeejay Surrendra Park signs MoU for new properties

The company has entered into a Memorandum of Understanding (MoU) with Katsons Hotel and Developer Private Limited and Mr. Ved Parkash Kataria to acquire on lease and manage properties located in Goa, Manali, Shimla, and Dharamshala. The MoU covers a 12-year lease arrangement for all four properties, which together comprise a total of 138 rooms — 42 in Goa, 24 each in Manali and Shimla, and 48 in Dharamshala. Post execution of definitive lease agreements, the properties in Goa and Dharamshala are expected to be operational within 60 days and the other two properties at Manali and Shimla within 90 days.

Multiples Private Equity et al. buy 32% stake in VIP Industries

Multiples Private Equity Fund IV, Multiples Private Equity Gift Fund IV, Samvibhag Securities Pvt. Ltd., Mithun Sacheti and Siddhartha Sacheti, have come together to acquire 32% stake in VIP Industries, held by a group of promoters. The buyers will also make a mandatory open offer for an additional 26% stake in the company. It has been fixed at Rs 388 per share, for a total consideration of Rs 1438 crore.

NCC gets new order of Rs 2,269 crore

Company has been awarded a major contract worth approximately Rs 2,269 crore (excluding GST) by the Mumbai Metropolitan Region Development Authority (MMRDA) for work on Mumbai Metro Line 6 – Package 1- CA-232.

Hindustan Copper says 50% US tariff on copper will not impact it

Hindustan Copper Limited informs that the recent 50% tariff on copper imposed by the USA effective from August 1,2025 is unlikely to impact its operations as the company primarily sells copper concentrate within India.

Mahindra Logistics to raise Rs 750 crore through rights issue

Mahindra Logistics Limited has approved a rights issue to raise up to Rs 750 crore through the issuance of equity shares.

HCL Tech’s profit in June quarter may go up by 13.7% year-on-year

HCL Tech is likely to report 0.3% QoQ and 6.7% YoY revenue growth to Rs 30,347 crore in INR terms. In USD terms, revenue could rise by 1.3% QoQ and 5.4% YoY to US$ 3,545 mn in Q1FY26. Net profit is likely to grow by 1% QoQ and 13.7% YoY to Rs 4,351 crore in Q1FY26. EBIT margin could decrease by 40 bps QoQ and increase by 50 bps YoY to 17.6% in the quarter. The company is likely to comment on tech spending outlook, specifically in the BFSI & ER&D segment, macro demand environment, and deal pipeline. Margin outlook and hiring guidance are the other aspects to watch out for.

Bharat Petroleum to shut down crude unit at Bina refinery for maintenance

Bharat Petroleum Corporation Ltd (BPCL) will shut its Bina refinery’s crude unit, which has a capacity of 156,000 barrels per day, for 15 days starting August 11 for maintenance. This shutdown will affect diesel production. However, gasoline production will continue through the secondary unit. The refinery is also scheduled for a 30- day shutdown in 2027 for capacity expansion.

IRB infra’s toll revenue in June quarter up by 8%

Company and its listed private InvIT joint venture, IRB Infrastructure Trust, reported a combined toll revenue of Rs. 1,680 crore for the April-June quarter of FY26, registering an 8% year-on-year growth over Rs 1,556 crore in Q1 FY25.

Grand Pharma’s Pashamylaram facility gets GMP certification from Danish regulator

The company said that its Pashamylaram Facility has received certificate of Good Manufacturing Practices (GMP) Compliance from Danish Medicines Agency in connection with Marketing authorizations listing manufacturers located outside of the European Economic Area, for aseptically prepared Powder for injection, infusion and inhalation.

Glenmark’s Indore facility gets warning letter from UD FDA

The company has received a warning letter from the US FDA for its Indore, Madhya Pradesh (India) facility. US FDA had inspected the Glenmark’s Indore site from 03 February 2025 to 14 February 2025. The Company does not believe that the warning letter will have an impact on disruption of supplies or the existing revenues from operations of this facility. On May 09, 2025, the company had said that the facility had received OAI status from the authority.

D-Mart’s net profit in June quarter marginally down

D-Mart, reported a subdued performance in Q1FY26, with net profit flat at Rs 773 crore, compared to Rs 774 crore in the year-ago period. Revenue rose 16.3% YoY to Rs 16,359.7 crore, up from Rs 14,069 crore in Q1FY25, while EBITDA grew 6.4% to Rs 1,299 crore, compared to Rs 1,221.2 crore a year ago. EBITDA margin contracted to 7.94% from 8.68% in the same quarter last year, reflecting shifts in product mix and elevated input costs.

Amber Enterprises to raise up to Rs 2,500 crore

Amber Enterprises’ board of directors has approved an enabling resolution to raise funds up to Rs 2,500 crore through the issuance of permissible securities.

Castrol wins court case

Castrol has received a favourable ruling from CESTAT in a decade long Rs 4,131 crore dispute with the Maharashtra Sales Tax Department over alleged inter-state sales. The tribunal rejected the department’s appeals, bringing closure to the case with no financial impact on the company.

Ajmera Realty’s sales down by 65% in June quarter

Ajmera’s Q1 sales dropped 65% YoY to Rs 108 Crore, due to project delays and low inventory, while collections rose 42% YoY to Rs 234 crore, showing strong cash flow despite weak sales.

RVNL gets new project of Rs 213.22 crore

Rail Vikas Nigam Limited (RVNL) has received LoA from South Central Railway for Design, Supply, Erection, Testing and Commissioning for OHE upgradation of existing 1X25kV system to 2X25kV at feeding system with feeder and earthing works in Duvvada Rajahmundry & Samalkot-Kakinada Port section of Vijayawada. The order is valued at Rs 213.22 crore and to be executed over the next 24 months.

Religare Enterprises to raise up to Rs 1,500 crore through issuance of warrants

Religare Enterprises Limited announced that its Board has approved a capital raise of Rs 1,500 crore to support the Company’s next phase of growth. Board approved issuance of 6.38 crore warrants to promoter and non-promoter entity at Rs 235 per warrant.

Cipla to enter into weight management segment

Cipla Ltd is preparing to foray into the weight management segment in India, its MD and global CEO Umang Vohra has said. The company will continue to invest in big brands, strategic alliances, digital infrastructure, and next-generation therapies.

DLF finalizes comprehensive settlement with Hubtown et al.

The company has finalised a comprehensive settlement with Hubtown, Chinsha Property, Twenty Five Downtown Realty Limited (formerly Joyous Housing), and others.

Adani Green Energy issues 1.08  crore shares to Ardour Investment

The firm said it has allotted 1.08 crore equity shares to Ardour Investment Holding Ltd, a promoter group entity, through the conversion of share warrants, raising Rs 1,208.6 crore. Each share has a face value of Rs 10 and was issued at a premium of Rs 1,470.75, in line with the terms set during the initial warrant allotment on January 25, 2024.

RITES gets new contract of Rs 46.82 crore

RITES bagged a turnkey contract valued at Rs 46.82 crore (excluding GST) for the construction and renovation of Government First Grade Colleges across multiple locations in Karnataka. The project will be executed under the centrally sponsored PM USHA Scheme.

Kolte-Patil Developers’ sales up by 5.2% on quarter-on-quarter basis in June quarter

The company reported a sales volume of 0.84 million square feet in Q1 FY26, marking a 5.2% sequential growth. The sales value for the quarter stood at Rs 616 crore, while collections came in at Rs 550 crore, the company said in its operational update for the quarter ended June 30, 2025. The company stated that sustenance inventory contributed significantly to the sales volume, with the Life Republic Integrated Township accounting for 0.53 million square feet of the total sales.

Ramco Cements realizes Rs 24.05 crore from sale of noncore assets

The company has realised Rs 24.05 crore from the disposal of noncore assets, including Rs 19.77 crore from shares held in other companies and Rs 4.28 crore from land owned by the company. With this, the total value of non-core assets disposed of by the company stands at Rs 483.84 crore. The move is part of Ramco Cements’ plan to monetise non-core assets worth around Rs 1,000 crore.

Ceinsys gets LoI for new project

Ceinsys Tech Limited has received letter of intent from Nashik Municipal Corporation for appointment of Project Management Consultancy Service for improvement of sewage management system in Nashik City to prevent Pollution in river Godavari based on PPP-HAM Model amounting to Rs 5.8 crore.

VPRPL gets LoA for new project

Company has received Letter of Acceptance from Jaipur Development Authority for Construction of ROB at LC-67(A) Saligrampura Phatak-Sawai Madhopur (JP-SWM) Railway line in zone-14 JDA Jaipur. It is valued at Rs 77.92 crore.

Allcargo Terminals handles 48.7 thousand TEUs in June

The company recorded Container Freight Station (CFS) volumes of 48.7 thousand TEUs in June 2025, slightly down from 51 thousand TEUs in May.

Sula Vineyards consolidated net revenue down by 7.9% in June quarter

Sula Vineyards reported a 7.9% year-on-year drop in consolidated net revenue for Q1 FY26, falling to Rs 118.3 crore from Rs 128.4 crore. The decline was mainly due to a 10.8% dip in own-brand wine sales, impacted by sluggish urban consumption and the lingering effects of excise-driven trade pre-loading in Maharashtra.

Titagarh gets 99 year lease on 40 acres of land, from  West Bengal government

Titagarh Rail Systems Ltd has secured a 99-year lease for 40 acres of land from the West Bengal government for Rs 126 crore. This acquisition will significantly boost the company’s production capabilities at its Uttarpara facility, enabling increased manufacturing of Vande Bharat coaches and metro cars. The expansion aims to elevate production capacity to approximately 850 cars annually by FY28.

Disclaimer: This content is only for informational purpose. It does not make any recommendation to act or invest. To get any error corrected, write to content@hdfcsec.com.

Source: HDFC Securities Prime Research