Stock Market Live Updates 10 June 2024: Sensex and Nifty open flat-to-positive; analysts see government continuity boost

Ward wizard: Company gets order worth $1.29 billion from Beulah International Development Corporation to revolutionize Philippines public transport with electric vehicles

KEC Int: Company gets new orders worth Rs 1,061 crore across business verticals. 

Artson Engineering: Company gets Rs 126 crore order for engineering and construction at Guwahati International Airport

Vakrangee: Company Partners with Tax2Win for Offering Income Tax Return Filing Services, GST Registration / Return and other Value Added Services on Pan India Basis. 

*IDBI Bank: Gets income tax order determining Rs 2,701.6 crore refund for AY 2016-17. 

RVNL: Company emerges lowest bidder for a project of Southern Railways worth ₹156.47 crore 

Kotak Mahindra Bank: RBI green signal to Kotak Mahindra General Insurance for 70% stake sale to Zurich Insurance.

Raymond: Company to redevelop residential project in Bandra estimated to have revenue potential of over Rs 2,000 crore

Gulsha Polyols: Company Updated Regarding Successful Trail Run For Grain Based Ethanol Plant Of 250 Klpd Capacity At Goalpara, Distt. Assam. 

Sharda Motor: Company plans to buy back up to 10,27,777 fully paid-up equity shares at INR 1,800 per share. 

Lupin: Company signs business transfer agreement with arm Lupin Life Sciences for trade generics business in India. 

Adani Green: Company to set up two wind farms in SriLanka’s Mannar town and Pooneryn villages 

HDFC AMC: Company has approved the declaration of Interim Dividend of Rs. 70/- per equity share 

Railtel Corp: Company gets order worth Rs 81 crore from National Informatics Centre Services for ICT infra 

Samvardhana Motherson: Company and its subsidiary SMRP B.V have been upgraded to “Baa3 Stable / Investment Grade” ratings by Moody’s. 

Ami Organics: Company says the inspection has concluded successfully on June 7, 2024 without any critical/major observation 

EIH Associated Hotels: Board meeting on June 14 to consider issuing Bonus Shares

Godawari Power: Board to consider a buyback of equity shares on June 15.

Adani Enterprises: Adani Airports handles over one million tonnes of Cargo in financial year 2024 to capture a 30.1% market share

PFC: Maithan Alloys acquires shares worth Rs 101 crore of Power Finance Corp

Happy Forging: board gives in-principle approval for setting up solar power plant with investment of up to Rs 120 crore 

Thermax: Nalanda Capital sells 1.2% stake in company for Rs 765 cr 

Tata Motors: Company launched Altroz Racer, prices start from Rs 9.49 Lakh

Petronet LNG: Petroleum board draft regulations pose challenges for Petronet LNG pricing strategy.

HDFC Bank: Announces a reduction in its home loan rate for the 2-year tenure.

ICICI Bank: SEBI issues administrative warning to ICICI Bank on outreach for ICICI Securities delist. 

Borosil Renewables: Company board approves raising up to Rs 450 crore via rights issue of shares. 

Dalmia Bharat: Company has received reaffirmation in credit rating for bank facilities at CRISIL AA+; Stable / CRISIL A1+. 

MPhasis: BCP Topco IX Pte likely to sell 10.6% stake in Mphasis via block deals; base price at ₹2,350/share.

Dr Reddy: Company’s manufacturing unit in Andhra Pradesh gets 4 observations from US FDA. 

Jubilant Pharmova: U.S. FDA completes audit of contract manufacturing facility at Washington, issues 3 observations

Gland Pharma: Company appoints Srinivas Sadu as Executive Chairman & CEO of the company w.e.f. June 10, 2024. 

Suzlon: Independent director-Mark Desaedeeleer resigns citing corporate governance standards

Jindal Saw: Company has received reaffirmation in credit rating for non-convertible debentures of Rs 500 crore at CARE AA; Stable. 

IIFL Finance: RBI appointed auditor concludes audit in IIFL Finance case. 

Inox Wind: Company incorporates 4 wholly-owned subsidiaries

Elgi Equipment: Elgi USA in its Joint Venture G3 Industrial Solutions LLC, USA, was expected to be completed and closed by 31 May 2024.

Uco Bank: To hike MCLR on 3-month and 1-year tenures by 5 bps w.e.f. June 10

APL Apollo: Company’s promoter entity pares 1% stake for Rs 485 cr

Max Estate: Corporate Guarantee provided to Max Square (a Subsidiary Company) upto Rs 400crs 

PTC India: Net profit falls 30% to Rs 91 cr in Q4