Stocks in News – Key Corporate Updates (3rd Oct 2025)

Positive Developments

Swelect Energy: Commissioned additional 2 MW solar plant in Tamil Nadu.

GNG Electronics: Signed facility lease pact with Ajman Free Zones Authority.

Goodluck India: Obtained industrial licence to produce empty shells; trial production to begin in Q3.

Bansal Wire: Q2 sales volume up 45.9% YoY to 1.15 lakh MT.

Lemon Tree Hotels: Opened 111-room property in Andhra Pradesh.

PC Jeweller: Q2 revenue up 63% YoY; bank debt reduced by 23%.

PTC Industries: Arm won multi-million-pound project with Coolbook for machine & cast components.

CSB Bank: Q2 deposits up 25% YoY to ₹39,651 cr; advances up 29% to ₹34,730 cr.

John Cockerill: Secured contract from Godawari Power for 6-Hi Reversible Cold Rolling Mill at Raipur.

Capital Trust: Commenced gold loan business.

Eveready Industries: Arbitration proceedings withdrawn after consent award.

Veerhealth Care: Received order from leading Indian pharmacy chain for hair & oral care products.

Niva Bupa: Meerut Tax Authority dropped alleged GST demand of ₹124 cr.

V-Mart Retail: Q2 revenue up 22% YoY at ₹807 cr; SSSG at +11%.

PFC: Set up new subsidiary for power transmission projects.

United Spirits: Bombay HC set aside ₹443 cr water charge demand; ordered interim deposit of ₹66.5 cr.

Sai Silks: Q2 turnover up 28% to ₹444 cr; 5 new stores opened, 10 more planned.

Diffusion Engineers: Secured ₹22.9 cr domestic order for power equipment.

Hyundai Motor India: Commenced PV production at Talegaon plant (1.7 lakh annual capacity).

Hero MotoCorp: September sales at 6.87 lakh units vs est. 6.5 lakh.

KRBL: Won bid for Haryana PACL properties at ₹403 cr.

SBI Card: Announced transaction fee changes from November.

Sammaan Capital: Board clears ₹8,850 cr preferential issue to IHC; GS Singapore bought 66.38 lakh shares at ₹164.6.

IndiGo: To resume direct India–China flights in late October.

RBL Bank: MS Asia Singapore bought 32.5 lakh shares at ₹274.4.

BMW Ventures: Neomile Growth Fund bought 5 lakh shares at ₹78.

Neutral Updates

HDFC AMC: Board to consider Q2 results on Oct 15.

Eicher Motors: September sales at 1,24,328 units (vs est. 1,35,100).

Maruti Suzuki: September auto sales at 1.89 lakh units, up 2.7% YoY.

Coal India: September production down 3.9% YoY at 48.97 MT.

Swarnsarita Jewels: Re-appointed Mahendra M. Chordia as MD for 5 years.

Indostar Capital Finance: Appointed Jasmine Bawa as CHRO.

Virat Crane Industries: Re-appointed Srihari Puvvada as Director & CFO.

Raymond: Confirmed IT Dept survey completion; assured full cooperation.

Shaily Engineering Plastics: CARE reaffirmed ratings.

Mega Corp: CFO Surendra Chhalani resigned.

Pondy Oxides: Invested $500,008 in Ace Green (battery recycling).

Wipro: Dissolved Philippine arm to streamline structure.

Systematix: NSE approved listing of 13.65 cr equity shares on main board.

SKF India: Oct 15 fixed as record date for SKF Industrial shares.

Nestle India: Added new Maggi line at Sanand with ₹85 cr investment.

Tata Power: Signed pact with Tata Power Mumbai Distribution for 80 MW RE project.

Adani Green: Commissioned 50 MW solar & 31.2 MW wind projects at Khavda; total RE capacity now 16,680 MW.

Zydus Lifesciences: Received USFDA complete response letter for CUTX-101; to seek meeting.

RBL Bank: Received ₹92 cr GST show-cause notice.

Indian Bank: Q2 business up 12.4% YoY to ₹13.9 lakh cr; deposits up 12% YoY.

ASM & Circuit Filter Changes:

From 10% → 5%: ANB Metals, Prudential Sugar.

From 20% → 5%: Manaksia, Madhav Copper, Medico Remedies, Natural Capsules, Trigyn Tech, KCK Industries.

ASM Stage I: De Neers Tools, Destiny Logistics, Umiya Buildcon.

Corporate Actions (Ex-Date Today):

Bonus Issues: GEE Ltd (1:1), Paushak (3:1), Shilpa Medicare (1:1).

Stock Splits: Paushak (10→5), Sumeet Ind. (10→2).

Dividends: Glenmark Pharma (₹2.5).

Rights Issue: UH Zaveri.

Corporate Actions (Ex-Date Oct 6):

CyberTech Systems (Dividend), Julien Agro (Bonus 1:1), Sigma Solve (Split 10→1).

Negative Developments

PVR INOX: CCI launched probe into levy of Virtual Print Fee.

Unimech Aerospace: Reported continued revenue slowdown.

Hexaware Technologies: Natsoft & Updraft filed complaints in US alleging patent infringement & breach of contract (no notices received yet).