News that may have an impact on prices of some stocks, today

EMS Ltd declared lowest bidder for Rs 183 crore order

The company becomes the lowest bidder for an order worth Rs 183.8 crore from UP Jal Nigam. It is to be executed in the 24 months.

CCI approves Delhivery’s acquisition of Ecom Express

The Competition Commission of India (CCI) approved Delhivery Ltd’s proposed acquisition of a controlling stake in Ecom Express Ltd for approximately Rs 1,407 crore, marking a major consolidation move in India’s logistics sector.

Ugro Capital will aquire 100% stake in Profectus

UGRO Capital has announced it will acquire 100% stake in Profectus Capital for Rs 1,400 crore in an all-cash deal, aiming to strengthen its position in the secured MSME lending segment. The transaction, subject to regulatory and shareholder approvals, is expected to close within the next two to three months. It had reported revenue of Rs 420 crore in FY25. This acquisition will add approximately Rs 150 crore of annualized profit to UGRO and boost RoA by 0.6–0.7%. Profectus has assets under management of Rs 3,468 crore as of March 2025, with a strong presence across seven states.

IOC to supply LNG to NTPC’s gas-based power plant in Andaman

Indian Oil Corporation (IOC) would supply liquefied natural gas (LNG) to Andaman & Nicobar Islands’ first gas-based power plant, to be set up by state-owned NTPC.

India’s oil demand to increase by 1 million barrels per day, by 2030

India is set to become the leader in global oil demand growth. By 2030, India’s demand will increase significantly. The country will add one million barrels per day. This growth is due to strong economic expansion. Global oil demand is expected to plateau by 2030. The IEA anticipates India to remain a fast-growing economy. Transport fuels will drive the demand.

HCL Tech gets contract from ASISA

HCL Tech has been selected by ASISA, a prominent health insurance provider in Spain, as its strategic IT partner to accelerate business transformation and expansion in Iberia. This partnership aims to accelerate ASISA’s digital transformation journey to enhance the experience for its 2.2 million customers and position the company at the forefront of innovation in the region.

BEML’s order book expected to double by 2026

BEML Ltd.’s order book is expected to double by the end of financial year 2026. The company expects to add over Rs 14,000 crore orders in FY26 and of this, ~20% should come from defence.

Polycab executes new contract with BSNL

Polycab India Limited has executed a contract worth Rs 6,447.5 crore with Bharat Sanchar Nigam Limited (BSNL) to act as the project implementation agency (PIA) for the BharatNet project in Karnataka, Goa, and Puducherry. It includes a capex of Rs 3,741.9 crore, Opex for newly constructed network of Rs 2,245 crore and Opex for Existing Network of Rs 460.47 crore.

Vedanta to offload stake in Hindustan Zinc

Vedanta Ltd has initiated a block deal to offload up to Rs 3,018.2 cr worth of shares in Hindustan Zinc Ltd (HZL), according to sources. The floor price has been set at Rs 452.5 per share, representing a discount of nearly 7% to the closing price.

CG Power gets order of Rs 641 crore from Power Grid

CG Power and Industrial Solutions Ltd has bagged a Rs 641 crore order from Power Grid Corporation of India Ltd (PGCIL), marking the company’s highest single order to date. The order covers the supply and servicing of 765kV and 400kV class transformers and reactors under PowerGrid’s Corporate Package 7TR-12-Bulk, Lot-4.

NBCC gets new order of Rs 172.5 crore from UCO Bank

NBCC has won an order worth Rs 172.5 crore from UCO Bank. The order pertains to construction of modern high rise structure of UCO Bank Head Office with green building rating at Kolkata’s New Town, the company said.

Tata Power Renewable launches affordable rooftop solar solutions in Bhubaneshwar

Tata Power’s rooftop solar business, Tata Power Renewable Energy Limited (TPREL), launched affordable rooftop solar solutions in Bhubaneshwar, Odisha, aimed at making clean energy accessible for households in the state.

Hindustan Zinc to double production capacity of zinc, lead and silver

Hindustan Zinc’s Board has approved initial plans to double the capacity of zinc, lead, and silver production. As part of this 2x growth plan, the company has approved expanding its integrated refined metal capacity by 250 ktpa, along with corresponding increases in mines and mills capacity. The project is targeted for completion within 36 months, with an estimated overall cost of approximately Rs 12,000 crore.

RailTel receives LoI from Zoram for new project

The company said it has received a Letter of Intent (LoI) from Zoram Electronics Development Corporation Ltd (Zenics) for the implementation of the Mizo Fibre Grid Network (MFGN) project. The estimated value of the contract is Rs 43.99 crore as per the bid, though the final contract value will be confirmed upon issuance of the purchase order.

PPFAS Mutual Fund buys 46.27 lakh shares of Zydus Wellness

PPFAS Mutual Fund bought 46.27 lakh shares (7.27%) at Rs 1900 per share, while Threpsi Care LLP sold 46.27 lakh shares at Rs 1900 apiece.

Siemens Ltd gets contract from NHSRCL

The consortium led by Dineshchandra R Agrawal Infracon Private Limited, Siemens Limited, and Siemens Mobility GmbH has been awarded a landmark contract by National High Speed Rail Corporation Limited (NHSRCL)—the implementing agency for India’s first High-Speed rail project. The order valued at approximately Rs. 4,100 crore, includes Siemens Limited’s share of Rs. 1,230 crore for the design, installation, and long-term maintenance of advanced signaling and telecommunications technologies. The project is expected to be executed over a period of 54 months, with Siemens providing 15 years of maintenance services, ensuring lifecycle reliability

GMR Airports handled over 1 crore passengers in May

GMR Airports Limited handled over one crore passengers across its airport network in May 2025, marking a modest YoY growth of 0.8%. The increase was driven by a 2.9% rise in international passenger traffic, while domestic traffic edged up just 0.1% amid operational disruptions. Total aircraft movements (ATMs) for the month stood at 64,931, up 6.3% YoY.

DCX India receives new orders of Rs 28.59 crore

The company received Rs 28.59 crore purchase orders from overseas and domestic customers.

Inox India has received orders worth Rs 373 crore, year-to-date in 2025

Inox India Ltd. said that the company has won orders worth Rs 373 crore so far during the current financial year. These orders were obtained across different business segments of industrial gas, cryoscientific solutions, LNG and beverage kegs.

TVS Motors enters Indonesian market

TVS Motor Company has made its entry into Indonesia’s electric two-wheeler market with the launch of its flagship e-scooter, the iQube, marking a strategic move to expand its presence across Southeast Asia.

Ola Electric rolls our zero commission model

Ride-hailing platform announced the nationwide rollout of its 0% commission model, enabling drivers to retain 100% of their fare earnings. The initiative applies across all categories — autos, bikes, and cabs — with no ride or income limits. Drivers will have the option to choose their own plans and keep the full fare amount without any deductions.

Alembic Pharma gives $22 million corporate guarantee for term loans to subsidiaries

Company issued US$ 22 million corporate guarantee for term loan for US subsidiaries. It is for a tenure of 4.5 years in favour of JPMorgan Chase Bank, N.A. for getting term loan facility in APInc., USA.

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Source: HDFC Securities Prime Research