News that may impact prices of some stocks today

Zydus gets No Action Indicated in its US FDA inspection report

Company has received EIR report from the US FDA for inspection conducted at its API manufacturing facility at Ankleshwar. This facility underwent an inspection from 10th to 14th March 2025, and the inspection has been classified as No Action Indicated (NAI). The US FDA has concluded that this inspection is closed.

Hindustan Copper to invest Rs 2,000 crore over the next 5-6 years

Hindustan Copper Limited (HCL) announced plans to invest approximately Rs 2,000 crore over the next 5-6 years. The company aims to expand its mine capacity from the current 3.5 MTPA to 12.20 MTPA by FY31.

Tanla Platforms to consider buyback of shares

The company to consider the proposal for buyback of equity shares in its board meeting on June 16. Company had net cash of about Rs 950 crore as of March-2025.

GRSE to build two coastal research vehicles for GSI

Garden Reach Shipbuilders and Engineers (GRSE) Ltd, signed a contract for construction of two Coastal Research Vessels (CRVs) for the Geological Survey of India (GSI).

India’s natural gas consumption to more than double by 2040

India’s natural gas consumption is likely to rise by close to 60 per cent by 2030 and more than double by 2040, on the back of rise in usage of the fuel as CNG in automobiles and for cooking and industrial purposes, according to a study by oil regulator PNGRB.

Indian Oil’s share in bulk diesel market increases to 53.5%

Indian Oil has sharply increased its bulk diesel market share to 53.5% in April-May 2025 from 43.6% a year earlier, overtaking rivals Reliance Industries and Nayara Energy. The surge follows a strategic shift under new chairman A.S. Sahney, who prioritized market dominance over high margins.

HG Infra declared lowest bidder

Company has been declared as lowest bidder for transmission service provider to establish Inter State Transmission system for “Eastern Region Generation Scheme – I (ERGS-I)” through tariff based competitive bidding process in the state of Odisha. This is 35 year operational contract worth Rs 43.1 crore per year.

Dilip Buildcon, Sterlite enter into agreement with BSNL

Sterlite Technologies, through its Global Services Business (the demerged business vertical), in consortium with Dilip Buildcon , has entered into an Agreement with Bharat Sanchar Nigam (BSNL). The agreement pertains to the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network under BharatNet for the Jammu & Kashmir and Ladakh Telecom Circles. The value of the project is Rs 2631.14 crore.

Nazara Technologies’ independent directors find open offer fair and reasonable

Nazara Technologies Ltd. said its Committee of Independent Directors has reviewed and recommended the ongoing open offer by Axana Estates LLP, Plutus Wealth Management LLP, and Junomoneta Finsol Pvt. Ltd. as fair and reasonable. The committee evaluated the offer price of Rs 990 per share under SEBI’s Substantial Acquisition of Shares and Takeovers (SAST) Regulations and shared its findings through an exchange filing.

NIBE gets new order of Rs 23.33 crore

Company has received a purchase order from one of the leading Infra and Defence Company for Supply of Armor Plate MIL12560 (ARMOUR) for a total consideration of Rs 23.33 crore (incl. of all taxes). The order is to be executed over the next 10 months.

Marine Electricals gets new order of Rs 60 crore

The company received an order worth Rs 60 crore from ACG Universal Capsule for the supply, installation, testing & commissioning of the power distribution system.

RailTel gets new work order of Rs 11.94 crore

RailTel Corporation of India Ltd, has secured a work order worth Rs 11.94 crore (inclusive of taxes) from South Eastern Coalfields Limited (SECL) for providing managed bandwidth services under an operating expenditure (opex) model.

Jio BlackRock Investment advisors receives registration certificate from SEBI

Jio BlackRock Investment Advisers Private Limited (JBIAPL), the investment advisory arm of Jio Financial Services and BlackRock’s joint venture, has secured certificate of registration from SEBI to operate as an investment adviser in the country.

Waaree subsidiary gets new order

Waaree Energies said its wholly-owned subsidiary Waaree Solar Americas has secured an order for the supply of 599 MW solar modules. The company said it received the order from a renowned customer who is a developer and owner-operator of utility scale solar and energy storage projects across the US. The delivery of the module supply is scheduled to take place in the calendar year 2026.

Lemon Tree Hotels to start new hotel in Mhow, MP

Lemon Tree Hotels announces its latest signing — Lemon Tree Premier, Mhow, Madhya Pradesh. The property shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary of Lemon Tree Hotels Limited. It will feature 72 well-appointed rooms, a restaurant and others. The Indore Airport, the nearest airport, is approximately 30 kms from the property. Indore Railway Station is about 29 kms away from the property. The resort is also wellconnected by road, offering easy access to both public and private transport.

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Source: HDFC Securities Prime Research