News that may have an impact on prices of some stocks today, 1st July, 2025

CG Power to raise Rs 3,000 crore through QIP

CG Power and Industrial Solutions is looking to raise funds of around Rs 3,000 crore via a qualified institutional placement (QIP) that is likely to be launched soon. The impact of the news on the stock price is likely to be positive.

Apollo Hospitals spins off digital health business into a new subsidiary

Apollo Hospitals Enterprise Ltd. (AHEL) announced spinoff of its digital health, pharmacy distribution, and telehealth businesses into a new entity NewCo, with an aim to unlock value  by direct listing. Board approved that its two subsidiaries to form Apollo Healthtech. The merged company will then be listed on the NSE and BSE. The combined entity will have FY25 revenues of approximately Rs 16,300 crore (US$1.9 billion), with ambitions to reach Rs 25,000 crore (US$2.9 billion) by FY27, supported by a targeted EBITDA margin of 7%. AHEL shareholders will receive 195.2 shares of New Company for every 100 shares held, enabling direct participation in the high-growth digital health and pharmacy business. The impact of the news on the stock price is likely to be positive.

Stanley Lifestyles to increase prices

Stanley Lifestyles Limited has decided to increase the prices of its products across all retail formats – ‘Stanley Level Next’, ‘Stanley Boutique’ and ‘Sofas and More’ in the range of 4-6%, effective from 1st July 2025. The price revision is intended to mitigate the impact of rising input/raw material costs.

Castrol India expands product portfolio

Castrol India Limited has expanded its autocare product portfolio with three new launches, a Throttle Body Cleaner, a Fuel Injector and Carburettor Cleaner, and a Brake Cleaner. These additions reinforce Castrol’s commitment to enabling high-quality service and repair at professional workshops across the country.

BEL gets new orders of Rs 528 crore

Bharat Electronics Limited (BEL), has secured additional orders worth Rs 528 crore since the last disclosure on 20th June 2025. Major orders received include Radars, communication equipment, EVMs, jammers, shelters, control centre, spares, services etc.

Government raises natural gas prices for July

The price of natural gas used for producing CNG for vehicles and cooking gas was raised 5 per cent for July, following a surge in oil prices triggered by Israel’s military strike on Iran.

LTTS, Thyssenkrupp partner for setting up software development centre

Thyssenkrupp Steering, a global leader in steering systems, and L&T Technology Services (LTTS), have announced a strategic agreement to establish a state-of-the-art software development center in Pune, India. This collaboration marks a significant milestone for both companies in enabling modern automotive software solutions.

NCC receives new orders of Rs 1690.5 crore

Company has received orders valuing Rs.1690.5 crore (Excluding GST) in June-2025. The orders are related to Building Division. These orders are received from State Government Agencies and Private Limited Company and does not include any internal orders. Job durations of the above orders range from 4 months to 24 months.

KSB receives new order

KSB Limited has received a significant order for supply of Boiler Feed Pumps from Larsen & Toubro Limited (L&T) for NTPC’s supercritical power plant projects namely Gadarwara STPP Stage-II (2×800 MW) and Nabinagar STPP, Stage-II (3×800 MW). This is an order for KSB Limited for supplying these pumps to Supercritical Power plants in India. It would be executed between 20 to 28 months from the date of award of contract.

Kalpataru Projects receives new orders of Rs 989 crore

KPIL has received orders in the Power Transmission & Distribution (T&D) in overseas market of approx. Rs 989 crore.

L&T Energy Green Tech sets up new subsidiary

L&T Energy Green Tech, a wholly owned subsidiary of Larsen & Toubro, has incorporated a new wholly owned subsidiary – Panipat Green Hydrogen (PGHPL).

Jindal Steel & Power commissions continuous galvanizing line at Angul Plant

Jindal Steel & Power has successfully commissioned its first Continuous Galvanising Line at the Angul Integrated Steel Complex significantly expanding its coated steel product offerings. Going ahead, Jindal Steel is set to add another 6 MTPA crude steel capacity at the Angul plant this year, taking the total capacity to 12 MTPA by the end of 2025—making it one of the largest singlelocation steel plants in India.

Bharat Forge to restructure its defense business

Bharat Forge Limited (BFL) approved two key strategic actions — an internal restructuring of its defence business and an upward revision in the acquisition cost of AAM India Manufacturing Corporation Private Limited. As part of the internal restructuring, Bharat Forge will transfer identified assets and related obligations of its defence business to its wholly owned subsidiary, Kalyani Strategic Systems Ltd (KSSL), via an itemised sale.

Federal Bank to raise up to Rs 6,000 crore through equity and debt

Federal Bank board approves fundraising plans via equity and debt instruments up to Rs 6,000 crore. On the equity front, the bank aims to raise capital through various instruments such as a rights issue, preferential issue, further public offer (FPO), qualified institutional placement (QIP), global depository receipts (GDR), American depository receipts (ADR), foreign currency convertible bonds (FCCBs), or a combination of these.

Reliance Defense, Coastal Mechanics to partner for defense MRO

Reliance Defense announced a strategic partnership with US-based Coastal Mechanics Inc. to tap into India’s expanding defense maintenance, repair & overhaul (MRO) and upgrade market, valued at around Rs 20,000 crore. The collaboration will focus on delivering end-to-end MRO, upgrade and lifecycle support services for a range of Indian defence platforms. Reliance Defence and Coastal Mechanics will also set up Joint Venture (JV) at MIHAN in Maharashtra, to serve both the Indian market and export markets.

Texmaco Rail receives new order of Rs 27.75 crore

Company received an order of Rs 27.75 crore for TRD maintenance & breakdown activities, which is to be completed in 24 months from the date of LoA.

Astec Lifesciences to come out with rights issue

Board approved rights issue in 1:7 ratio at Rs 890 per share. It would raise aggregating to Rs 249.35 crore. It has fixed record date as July 04, 2025.

Court rules in favor of Yasharth Hospital

Land dispute for Ramraja Hospital resolved following MP High Court order; operations remained unaffected. The Commissionerate has officially set aside their earlier order, thereby confirming the company’s rightful claim to the land. As a result, the Ramraja Hospital land dispute stands conclusively resolved, and no further actions or proceedings are pending in this matter.

Godrej Industries increases stake in Godrej Capital

Company said that it has increased stake in Godrej Capital to 90.89% from 89.48%. This further acquisition of Equity Shares of GCL is done by GIL based on the Valuation Report for a total consideration of ~Rs 285 crore.

Diffusion Engineers receives new order of Rs 48 crore

Diffusion Engineers Limited has received a domestic order worth about Rs 48 crore for Supply of High Pressure Grinding Rolls (HPGRs) for Cement industry to be delivered over a period of next 11 months.

Bajaj Amines starts commercial production of ISOPROPYLAMINE

Company has commenced the commercial production of ISOPROPYLAMINE (MIPA/DIPA) successfully, at Unit 1, Tamalwadi Village Tuljapur Taluka, Osmanabad District.

S Chand to invest up to Rs 35 crore in a test preparation company

Board of Directors of the Company has approved to invest upto an amount of Rs 35 crore in one or more tranches for a potential acquisition of a company engaged in the test preparation segment.

Bajaj Hindusthan to buy back shares from Lalitpur Power

Bajaj Hindusthan Sugar Limited’s board approves the buyback of equity shares from Lalitpur Power Generation Company Limited for up to Rs 630.80 crore.

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Source: HDFC Securities Prime Research