MANAGEMENT OUTLOOK/COMMENTARY/RESULT UPDATE/ GUIDANCE / NEWS

#AsterDM: PE firm Olympus to sell upto 10% stake in Aster DM tomorrow

#Vedanta Group biggest wealth creator in FY25 so far, adds over ₹2.2 lakh crore in market cap #HindZinc #Aluminium #copper #metals #silver

Bank of England holds rate steady at 5.25% before UK election

Sebi orders Religare to seek regulatory approvals for Burman family open offer Sebi has directed non-banking financial company Religare Enterprises (REL) to obtain statutory approvals from regulatory authorities for an open offer by the Burman family, promoters of Dabur India, before July 12. The Burman group has accused Religare's board and its Chairperson, Rashmi Saluja, of obstructing the open offer. Meanwhile, Religare contends that the Burman family is not 'fit and proper' to undertake the acquisition.

Aster DM block deal on June 21; Olympus Capital Asia is the seller Block deal price at Rs 331; 7% discount to CMPOffer size at Rs 835-1670 cr

Italy boosts crypto risk oversight and toughens sanctions, draft shows Italy is set to implement measures to enhance surveillance of risks associated with cryptoassets, including imposing hefty fines for market manipulation, according to a draft decree reviewed by Reuters on Thursday. The decree, expected to be approved by the cabinet later in the day, outlines fines ranging from 5,000 to 5 million euros ($5,400-$5.4 million) for offenses such as insider trading, unlawful disclosure of inside information, or market manipulation.

Airtel closes gap with Jio in revenue market share FY24 Q4 Adjusted gross revenue of the Telecom Industry - ₹58,200 crore, up 1.9% vs PQ, up 9.7% YOY FY24 AGR - ₹234,600 crore, up 8% YOY Telecom Revenue share in Q4FY24 Airtel share - 37.9%, up 0.35% vs PQ, up 1.39% YOY Jio - 42.1%, up 0.03% vs PQ, up 0.49% YOY Vodafone - 15.4%, down 0.4% vs PQ AGR in Q4FY24 Airtel - ₹23,100 crore Jio - ₹25,700 crore Source - ET

Bandhan Bank & City Union Bank rise 5% each on positive brokerage note Metal stocks higher, Hindalco, JSW Steel & Tata Steel top Nifty gainers PNB Hsg Fin ends 6% lower after 5.2% equity changes hands in a block deal

Chavda Infra #Chavda #ChavdaInfra Concall at 4pm today Orderbook in hand of approx 900cr FY24: Rev at 243cr vs 162cr EBITDA at 43cr vs 27cr OPM at 18% vs 17% PBT at 25cr vs 17cr PAT at 19cr vs 12cr Orderbook at 3.6x of FY24 revenue

Yes Securities sees 9% UPSIDE in CRISIL Limited- H2 CY24 to be better