Markets

Dhara Rail Projects Limited Secures Rs 2.04 Crore Contract for Engine and Wagon Maintenance Services Dhara Rail Projects Limited has secured a two-year service contract valued at Rs 2,04,15,638.83. The order pertains to the repair and maintenance of Cummins Engines and Major Components of 8-Wheeler Tower Wagons under the Lumding Division.The work order was received from Sr. DEE/TRD/LMG of the Lumding Division Electrical Office in Assam, India. The contract involves comprehensive maintenance services for these components across KYQ, CPK, SCE, and LMG Depots within the scope of the Lumding Division.The contract, which covers a two-year period, is categorized as a domestic engagement.Key details regarding the secured order are...

Nakoda Logistics Sells Shares of Virgo Global Ltd in Open Market Shri Nakoda Logistics Private Limited has completed the disposal of a portion of its stake in Virgo Global Ltd through an open market transaction that took place on June 17, 2026. The sale was part of the company's share adjustments in relation to the target entity.The acquisition/disposal concerns Shri Nakoda Logistics Private Limited, which holds a Promoter status, and pertains to Virgo Global Ltd., which is listed on the BSE.Prior to the transaction, Shri Nakoda Logistics Private Limited held 3,254,150 shares in Virgo Global Ltd., representing 30.98% of the total share capital. The equity share capital of Virgo Global Ltd. before the said acquisition was reported at...

Sanstar Limited Approves Preferential Allotment and Key Board Appointments Sanstar Limited, during its board meeting held on June 24, 2026, approved several key corporate decisions, including the preferential allotment of equity shares and the appointment of two directors to the company. The successful issuance boosted the company's total issued capital.The board ratified the preferential allotment of 18,024,157 fully paid up Equity Shares to Corn Products Development Inc., a Delaware incorporated entity based in the USA. The allotment was executed at an issue price of ₹110 per share, which includes a premium of ₹108 over the face value of ₹2 per share.This transaction resulted in the total aggregate consideration for the shares...

Promoter PACs Execute Share Sales of Adishakti Loha and Ispat Ltd Adishakti Loha and Ispat Limited has seen its Persons Acting in Concert (PAC) execute significant open market sales of equity shares, involving members of the Promoter group. The sales, which occurred across multiple dates in June 2026, represent a disposal of shares by Pawan Kumar Mittal and Kiran Mittal.The sales transactions were conducted through the open market for Adishakti Loha and Ispat Ltd securities.Details of Share Disposals The aggregate sale involved members of the promoter group, including Pawan Kumar Mittal and Kiran Mittal. The details of the share disposals are as follows:ShareholderTransaction DateShares Sold (Equity)Pawan Kumar MittalJune 19...

Equitas Small Finance Bank Grants 3 Lakh Stock Options Under Employee Scheme Equitas Small Finance Bank Ltd has approved the grant of stock options to an eligible employee under the ESFB Employee Stock Option Scheme, 2019. The decision was made by the Nomination & Remuneration Committee at a meeting held on June 24, 2026.The committee sanctioned the grant of 300,000 stock options. These options are linked to an exercise price of Rs 77.08 per share and are governed by the terms established in the ESFB Employee Stock Option Scheme, 2019. The shares arising from these grants will be pari-passu with existing equity shares concerning dividend and all other aspects.The options grant is tied to a four-year vesting period, commencing from...

EMS Ltd Clarifies Price Movement Citing No Undisclosed Material Information EMS Ltd has confirmed that there is no pending or undisclosed material information that could affect the operation or performance of the company, addressing recent inquiries regarding stock price movements.The company stated that any movement observed in the volume of its shares is market driven. This clarification was provided to address concerns related to fluctuations and market sentiment surrounding the stock.EMS Ltd reiterated that it remains committed to adherence to all applicable laws concerning corporate governance and operations.EMSLIMITED Stock Price Movement As of 10:47 AM, shares of EMS Limited are shedding value by 6.16%, currently trading at...

KOSPI Surges as Asian Stocks React to Tech Volatility Amid Global Equities Outlook Asian markets presented a mixed picture on June 24, as South Korea’s Kospi Index managed a rebound after enduring one of its steepest single-day declines on record. The benchmark index climbed approximately 1.5 percent, following the prior session where it plunged by 10 percent, triggering a circuit breaker in the market.Meanwhile, regional markets showed varied performance. Hong Kong’s Hang Seng and China’s Shanghai Composite posted marginal gains. In Japan, the Nikkei slipped 1 percent, while Taiwan’s Taiex Index fell 2 percent. Both India’s Sensex and Nifty also traded marginally higher.Semiconductor Stocks Drive Korean Market Recovery The recovery...

Koriander Consultants LLP Acquires Equity Shares in Callista Industries Ltd through Preferential Allotment Koriander Consultants LLP has completed a preferential allotment of equity shares in Callista Industries Ltd. The transaction involved the issuance and receipt of 10,00,000 equity shares by the consulting firm.The shares were allotted to Koriander Consultants LLP on June 22, 2026. These equity shares had a face value of Rs. 10/- each.This acquisition represents a material change in ownership structure within Callista Industries Ltd. The transaction details indicate that the acquired shares constituted 24.71% of the total share/voting capital and 3.34% of the total diluted share/voting capital of the target company.Financial...

Promoter Group Acquires Shares of NINtec Systems Ltd in Open Market Transaction NINtec Systems Ltd reported a share acquisition by promoter individuals from the open market. The transaction saw Niraj Chhaganraj Gemawat, along with associated Persons Acting in Concert (PACs), increase his holding in the company shares.The acquirer is identified as Niraj Chhaganraj Gemawat, and the PACs include Rachana Gemawat Chhaganraj Gemawat, Sumanlata Gemawat, and Indrajeet Mitra. The acquisition was conducted through the open market mode on June 22 and 23, 2026.The transaction details reflect a steady increase in the promoter group's stake in NINtec Systems Ltd, which is listed on the BSE and National Stock Exchange of India Limited (NSE).A...

Nikita Hiren Patel Disposes of Shares in Bacil Pharma Ltd Nikita Hiren Patel has undertaken a share disposal in Bacil Pharma Limited over multiple days this month, as per recorded details related to the company's stock movement. The transactions took place across June 22, 2026, and June 23, 2026.The acquisition or disposal activity involved shares carrying voting rights of Bacil Pharma Limited. Patel held an initial stake in the target company prior to this activity.Details regarding the pre-transaction holding and subsequent status are presented below:MetricPre-Transaction HoldingTransaction DetailsPost-Transaction HoldingShares Carrying Voting Rights24,63,896 (17.17%)Disposal of 10,19,052 shares (7.10%)14,44,844 (10.07%)...

RAN Ventures Acquires Shares in Zaggle Prepaid Ocean Services Ltd in Open Market Transaction RAN Ventures Private Limited, a promoter group entity, has acquired 16,900 equity shares of Zaggle Prepaid Ocean Services Limited from the open market on June 19, 2026. The acquisition pertains to the stock holdings of the target company (TC), Zaggle Prepaid Ocean Services Limited.The purchase represents a minor change in stake for the acquirer. As per the reported data, before the acquisition, RAN Ventures Private Limited held shares equivalent to 43.94% of the total diluted share/voting capital of Zaggle Prepaid Ocean Services Limited.Following the open market transaction, the holding of shares carrying voting rights by the acquirer...

Infomerics Assigns IVR BBB-/Stable Rating for Bank Facilities of Shri Bajrang Alliance Limited Infomerics Valuation and Rating Limited (IVRL) has assigned a credit rating for the bank facilities of Shri Bajrang Alliance Limited, following a review of the company's operational and financial performance for FY26. The rating details were communicated by IVRL on June 23, 2026.The rating specifically covers long-term banking facilities provided to the company, which is listed in relation to HDFC Bank.According to the valuation report issued by Infomerics, the ratings assigned for the bank facilities are as follows:Bank FacilitiesAmountRevised RatingLong Term RatingRs. 25.00 CroreIVR BBB-/Stable (JVR Triple B Minus with Stable...

ByteDance Eyes Massive $20 Billion Offshore Loan as AI Ambitions Spur Tech Sector Spending Frenzy ByteDance Ltd., the global developer of TikTok, is in advanced talks with multiple financial institutions regarding a substantial offshore loan amounting to approximately $20 billion. This potential borrowing represents what would be the largest offshore debt facility undertaken by the Beijing-based social media conglomerate thus far.The firm has approached banks for this new-money loan, which could carry an initial three-year tenor but includes an option for extension up to five years. Industry insiders who are familiar with the matter confirmed that discussions are ongoing in the preliminary stages, and the intended use of these funds...

Opportune Exim Sells Equity Stake in Arman Holdings Ltd Opportune Exim Private Limited has completed a partial sale of its equity shares in Arman Holdings Limited on the open market, significantly adjusting its holding percentage in the company.The transaction took place on June 22, 2026, involving Opportune Exim Private Limited as the seller and Arman Holdings Limited (Scrip code: 538556) as the target company. The sale marks a reduction of Opportune Exim’s stake following its previous holding in the listed entity.Prior to the sale, Opportune Exim held 327,412 shares, representing 6.28% of Arman Holdings Limited's total voting capital.The details regarding the pre-transaction holding and subsequent changes are summarized below...

Tata Motors CV Stock Surges as Brokerages Rally on 40% Market Share Target and Iveco Deal Prospects Shares of Tata Motors Ltd, the demerged commercial vehicles (CV) business, gained nearly 4 percent in morning trade on June 24. The stock traded at Rs 414.40, marking a 3.6 percent rise during the session. This bullish movement follows multiple brokerages reaffirming strongly positive outlooks focused on market share gains and margin expansion prospects.Since its listing in November 2025, the stock has witnessed substantial growth, rising nearly 59 percent from its pre-listing price discovery level of Rs 260 per share. Analysts are citing strong industrial demand and increasing confidence in the CV sector's future trajectory.Brokerage...

Bosch Global Software Technologies Sells Shares in Bosch Home Comfort India Ltd; Stake Drops Significantly Bosch Global Software Technologies Private Limited has completed a substantial part of its Offer for Sale (OFS) equity shares in Bosch Home Comfort India Limited. The sale, which took place across two days in June 2026, significantly reduced the Promoter's holding in the Indian company.The seller successfully sold a total of 2,092,440 Equity Shares, representing 7.70% of the total paid-up Equity Share capital of Bosch Home Comfort India Limited. The transaction was completed through a designated window on both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).The sales were divided between different...

Bitcoin Plummets as US-Iran Uncertainty and ETF Outflows Ignite Global Risk-Off Mood Bitcoin price action has been subdued amid escalating geopolitical tensions and consistent institutional outflows. BTC recently traded at $62,452, marking a 2.34 percent decline over the past 24 hours. The market reaction highlights how crypto is increasingly responding to macro and cross-asset developments rather than operating in isolation.Bitcoin Plummets amid Geopolitical Tensions and ETF Outflows The significant downturn was driven by uncertainty surrounding US-Iran negotiations, creating a clear risk-off mood across global markets. This pullback occurred as investors reduced exposure to risk assets following sharp sell-offs witnessed in AI and...

Varroc Engineering Wins ET AutoTech Award 2026 for Innovative Infotainment and Connected Technology Pune: Varroc Engineering Limited, a global Tier-1 automotive supplier, has received recognition as the winner of the In-Cabin Infotainment & Connected Technology Award at the inaugural ET AutoTech Awards 2026. The award celebrates breakthrough innovations transforming the automotive technology landscape, highlighting Varroc's indigenous solution, VarrocLink.The recognition is for VarrocLink, a sovereign connectivity ecosystem engineered to redefine in-vehicle infotainment interactions. This platform emphasizes deep OEM-centric customisation and seamless integration, providing a differentiated user experience that sets it apart from...

Infosys Jumps on GlobalFoundries Deal; IRFC Plummets Amid State Stake Sale Plans Corporate Developments Drive Stock Volatility in Market The market is set to see continued stock-specific movements as investors react strongly to a variety of corporate developments. Key announcements, order inflows, fundraising initiatives, and strategic developments are keeping news-driven volatility elevated across various sectors on June 24.Infosys saw its share price rise by nearly 2%. This surge was attributed to an expanding multi-year collaboration with GlobalFoundries, a leading Nasdaq-listed semiconductor manufacturer. The partnership involves Infosys providing AI-led managed services across GF's enterprise IT landscape.Rashi Peripherals...

Qualcomm Targets ByteDance for Custom Chip Design as Smartphone Market Slows Down Qualcomm is reportedly in advanced discussions to provide bespoke chip design services to China's ByteDance. This move signifies a strategic effort by the U.S. technology giant to diversify its revenue streams beyond the dominant smartphone market.If successful, ByteDance, the parent company behind the globally popular short-video platform TikTok, would become an early adopter of Qualcomm’s specialized chip design capabilities. Qualcomm is recognized as the world's preeminent supplier of modem chips, which are critical components for managing cellular communications in mobile devices.Diversifying Beyond Smartphones: The Strategy Shift The talks reveal...