News that may have an impact on prices of some stocks today, 26th June, 2025

SBI mutual fund buys 2.8% stake in Star Health and Allied Insurance

WF Asian Smaller Companies Fund Limited sold 1.67 crore shares or 2.85% at Rs 420.03 apiece, while SBI Mutual Fund bought 1.64 crore shares or 2.8% at Rs 420 apiece. The impact of this news on the stock price is likely to be positive.

Texmaco Rail and Engineering gets new order of $62.2 million

Texmaco Rail And Engineering Ltd. received an order worth US$ 62.2 million (Rs 535 crore) from Cameroon based Camalco SA, for the manufacture and supply of wagons, with an initial order for 560 open top wagons. This is to be completed in two phases within 24 months from its purchase order date.

Exicom Tele systems to raise Rs 260 crore through rights issue

Board approved fund raise up to Rs 260 crore through rights issue. It will fix price, entitlement ratio on July 01, 2025. Additionally, Board approved the conversion of an unsecured loan of approximately Rs 283.2 crore, including accrued interest, into equity shares of its wholly owned subsidiary, Exicom Power Solutions B.V., Netherlands. The move is intended to reduce interest outflows, ease working capital pressure, and enhance liquidity at the subsidiary, which operates in the EV sector.

Coal India’s coking coal production down year-on-year by 8.7% in May

Coal India Limited saw a dip in coking coal production in May. The production fell by 8.7 percent. This happened even as the government aims to increase domestic coking coal production. The goal is to reach 140 million tonnes by 2030. The government wants to reduce reliance on imports for the steel sector.

LTTS gets new contract of $50 million

L&T Technology Services Limited (LTTS) has secured an exclusive five-year agreement of over US$ 50 million by a major global energy company. LTTS will serve as enterprise rata and digital services provider across the client’s international affiliates.

Adani Total, Jio-BP to partner for selling fuel across each other’s outlets

Adani Total Gas Ltd and Reliance Industries Ltd arm Jio-bp have partnered to sell auto fuel across select outlets. Select ATGL outlets will sell Jio-bp’s petrol and diesel, and the Jio-bp outlets will integrate ATGL’s compressed natural gas (CNG) dispensing units.

Vodafone Idea in talks for $2.9 billion loan

Vodafone Idea Ltd. is talking to lenders to borrow about 250 billion rupees ($2.9 billion) in loans to bolster its network and compete better with large rivals.

CEAT to raise Rs 500 crore through non-convertible debentures

CEAT plans to raise up to Rs 500 crore through the issuance of unsecured NCDs on a private placement basis. It also plans to infuse up to Rs 400 crore (equivalent in Sri Lankan rupees) into its wholly owned subsidiary, CEAT OHT Lanka, in one or more tranches through equity and/or preference shares.

USFDA inspection of SMS Pharma’s facility results in zero adverse observations

Company said that this was the second successful completion of the United States Food and Drug Administration (US FDA) inspection at Central Laboratory Analytical Services, located at, Gagillapur, Medchal Malkajgiri District, Hyderabad, Telangana. The inspection, conducted from 23rd June 2025 to 25th June 2025, concluded with zero Form 483 observations.

Western Carriers gets new order of Rs 558 crore

Company received order worth Rs 558 crore from Jindal Stainless. It is for a period of 36 months.

Panorama Studios signs licensing agreement for airborne rights of 4 Telgu films

Panorama Studios Inflight LLP, a subsidiary of Panorama Studios International Limited has executed an Assignment Agreement with Arha Media and Broadcasting Private Limited for granting exclusive license of Airborne Rights of 4 Telugu Films for 3 years.

Balaji Amines gets consent for manufacturing of ISO PROPYL AMINE

The company received consent to operate the manufacture of ISO PROPYL AMINE. Trial runs will start and commencement of commercial Production would take effect shortly.

Can Fin Homes to raise Rs 10,000 crore through debt

The company approved to raise up to Rs 10,000 crore via debt and Rs 1,000 crore via QIP.

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

Source: HDFC Securities Prime Research