#NewListing | #Kusumgar Lists At ₹569/Sh Vs Issue Price Of ₹419/Sh On NSE
*Stocks in News*
*KEC International:* Company has received new orders worth Rs 1,180 crore. (Positive)
*RBL Bank:* CARE Ratings upgraded the rating on Tier II bonds to CARE AAA/Stable from CARE AA-. (Positive)
*PDS:* Company partners with Busana Apparel Group to build next-generation global apparel manufacturing and expand sourcing capabilities, scale and supply chain resilience. (Positive)
*Jammu & Kashmir Bank:* Monetization of stake in PNB MetLife. (Positive)
*SEAMEC:* Board approved sale of vessel “SEAMEC Gallant”. (Positive)
*Ather Energy:* Additional investments of Rs 1000 cr by Hero Moto Corp. (Positive)
*Textile Stocks, United Spirits:* India-UK FTA effective from today. (Positive)
*Quess Corp, Teamlease:* India has prohibited the import of goods produced using forced labour. (Positive)
*SG Mart:* Abu Dhabi Investment Authority bought 11.23lk shares (Positive)
*Dalmia Sugar:* Company has approved development of an integrated sugar project in Tanzania through its subsidiary. (Positive)
*Capacite Infraprojects:* Company has secured repeat order worth ₹482 Crore. (Positive)
*LTTS:* Company has partnered with Anthropic to accelerate AI-led engineering, integrating Claude models across its proprietary platforms (Positive)
*Landmark Cars:* Company has recorded highest-ever Q1 sales, with revenue rising 22.5% YoY to ₹1,733 crore, driven by strong vehicle sales growth and robust after-sales performance. (Positive)
*IOL Chemicals & Pharmaceuticals:* Company’s Clopidogrel Bisulfate API has received approval from China’s National Medical Products Administration (NMPA), strengthening its presence in the Chinese pharmaceutical market. (Positive)
*OM Infra:* Infomerics has upgraded the company’s credit ratings for Rs. 718.96 crore of bank loan facilities. (Positive)
*Vedanta:* Company plans to nearly triple its zinc and lead production capacity by FY31. (Positive)
*Easy Trip Planners:* Company has signed MoU with the Government of Jharkhand to promote tourism digitally across the state. (Positive)
*United Spirits:* Management stated that India is poised to become one of the world’s largest premium alcoholic beverage markets over the next decade. (Positive)
*Kirloskar Brothers:* Company’s UK subsidiary has secured an order worth GBP 11.7 million from Saipem for the supply of vertical pumps and spares. (Positive)
*Delhivery:* Company’s wholly owned subsidiary has received RBI approval for registration as a Non-Banking Financial Company (NBFC), subject to compliance with regulatory conditions. (Positive)
*Shriram Finance:* Company’s Board will meet on July 24, 2026 to consider raising funds through the issuance of Non-Convertible Debentures (NCDs). (Neutral)
*Axis Bank:* Company has completed the preferential issue in Axis Finance Ltd. Following the issue, its stake has reduced to 94.92%, while retaining its status as the holding company. (Neutral)
*Vedanta:* Management stated that India could achieve 50% self-sufficiency in critical minerals within the next 5–10 years. (Neutral)
*Manaksia Coated Metals & Industries:* Q1 FY27 Standalone Net Profit at Rs. 14.2 crore vs Rs. 14.1 crore YoY. Revenue at Rs. 262 crore vs Rs. 250 crore YoY. (Neutral)
*ICICI Bank:* Board will consider a proposal to revise the overseas bond fundraising limit. (Neutral)
*Jindal SAW:* Q1 FY27 Net Profit at Rs. 104 crore vs Rs. 424 crore YoY. Revenue at Rs. 4,452 crore vs Rs. 4,085 crore YoY. (Neutral)
*HPCL:* India Ratings & Research has assigned an IND A1+ rating with a Stable outlook to the company’s proposed Rs. 10,000 crore Commercial Paper programme. (Neutral)
*Jet Freight Logistics:* Company has agreed to acquire a 45% stake in Natwest Trade & Logistics Services – FZCO for Rs. 18 crore, payable in tranches over two years. (Neutral)
*Belrise Industries:* QIP opens; floor price set at ₹230.79 per share. (Neutral)
*Signature Global:* Pre-sales at ₹1,970 cr vs ₹1,570 cr, up 25% QoQ. (Neutral)
*HEG:* Company’s TACC Unit Gets ‘IND A-‘ Rating for Major Battery Material Project. (Neutral)
*SJVN:* Company has received notices from BSE and NSE imposing fines for non-compliance with certain SEBI (LODR) Regulations, 2015. The Board has taken note of the notices and approved the company’s response. (Neutral)
*Texmaco Rail:* Kishor Kumar Rajgaria resigns as CFO. (Neutral)
*Tata Elxsi:* Net profit at Rs 171 crore versus Rs 220 crore, Revenue at Rs 1,021 crore versus Rs 994 crore QoQ. (Neutral)
*LTTS:* Net profit at Rs 357 crore versus Rs 332 crore, Revenue at Rs 2940 crore versus Rs 2858 crore QoQ. (Neutral)
*NBCC:* Board approved the merger of HSCC into NBCC. (Neutral)
*63 Moons Technologies:* Subsidiary Financial Technologies Singapore Pte Ltd acquired 79.58 lakh equity shares in unlisted subsidiary Ticker Ltd. (Neutral)
*Sobha:* Board meeting scheduled on July 20, 2026 to consider Q1FY27 results and issuance of non-convertible debentures through private placement in one or more tranches. (Neutral)
*State Bank of India:* Moody’s affirmed the bank’s long-term deposit rating at Baa3 and Baseline Credit Assessment at baa3 with a stable outlook. (Neutral)
*Keystone Realtors:* CRISIL assigned a CRISIL AA-/Stable rating to the company’s bank loan facilities and reaffirmed the CRISIL AA-/Stable rating on Rs 335 crore of non-convertible debentures. (Neutral)
*Just Dial:* Irage Broking Services LLP net sold 2,87,355 shares at Rs. 765.25 per share. (Neutral)
List of stocks included in the short term ASM Framework: Kalyan Jewellers, C.E. Info Systems. (Neutral)
List of stocks excluded from ASM Framework: EPack Prefab, Amir Chand Jagdish Kumar (Exports) Limited. (Neutral)
Circuit filter change from 20% to 10%: Just Dial Limited. (Neutral)
*Utkarsh Small Finance Bank:* CARE Ratings downgraded the rating. (Negative)
*Jain Resource Recycling:* Company informed about a furnace explosion at its manufacturing facility in Tamil Nadu. (Negative)
*ICICI Lombard:* An arbitral tribunal directed the company to pay Rs 78 crore to an insured party along with interest at 7.5% per annum. (Negative)
*IT Sector Stocks:* IBM announced weak early quarter numbers with cautious guidance. (Negative)
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