❁Stocks❁ ❁Result❁& BREAKING News

Kotak Mahindra Bank – Completes ₹9,587.62 Crore Loan Portfolio Assignment • Kotak Mahindra Bank has completed the direct assignment of a loan portfolio worth ₹9,587.62 crore from its wholly owned subsidiary, Kotak Mahindra Investments Ltd. (KMIL). • The assignment was completed as of July 1, 2026. • The transaction is part of the bank's group simplification initiative, with KMIL's business activities being conducted departmentally from April 1, 2026, to improve operational synergies.

TVS Motor – Launches All-New Callisto 110 Scooter in Indonesia • TVS Motor has launched the all-new Callisto 110 scooter in Jakarta, Indonesia, targeting urban commuters. • The scooter features 33-litre under-seat storage, front fuel filling, USB charging, Body Balance Technology, and a next-generation engine with Integrated Starter Generator (ISG). • It also includes Stop-Go Technology for improved fuel efficiency, Emergency Brake Signal, and a metal body for enhanced durability.

Kaka Industries – Commissions 7.5 MW Captive Solar Power Plant • Kaka Industries has commissioned a 7.5 MW captive solar power plant in Kheda, Gujarat, which has been operational since mid-June 2026. • The plant is expected to generate EBITDA benefits from July 1, 2026, with estimated power cost savings of ₹45 lakh per month (₹5.4 crore annually). • The captive solar facility will support the company's PVC, WPC, and uPVC manufacturing operations, improving cost efficiency and reducing exposure to grid tariff volatility.

United Drilling Tools – Bags ₹3.88 Crore Repeat Order from Vedanta • United Drilling Tools secured a repeat domestic order worth ₹3.88 crore from Vedanta Ltd. • The order is for the supply of Tubings, Pup Joints, and Crossovers used in oil drilling operations. • The contract is scheduled to be executed within 24 weeks, reinforcing the company's ongoing relationship with Vedanta.

Meera Industries – Bags ₹7.95 Crore Order from DNB Textiles • Meera Industries secured a domestic order worth ₹7.95 crore from DNB Textiles Pvt. Ltd., Surat. • The order is for a High-Speed BSY Yarn Twisting & Cop Winding Line to manufacture BSY filament twisted yarn for textile and industrial applications. • The order is scheduled for execution in Q2 FY27 and supports DNB Textiles' capacity expansion in Surat.

Aurobindo Pharma – Completes Domestic Branded Business Transfer • Aurobindo Pharma has completed the transfer of its domestic branded generic pharmaceutical formulations business to its wholly owned subsidiary, Auropharm Limited. • The transfer became effective from July 1, 2026 and was executed on a slump sale basis under the previously signed Business Transfer Agreement. • The transaction is part of the company's internal restructuring to streamline its operations.

Tata Communications – Part of India–Southeast Asia Subsea Cable Consortium • Tata Communications is part of a consortium led by Microsoft and Lightstorm to build the I-2SEA undersea cable connecting India, Malaysia, and Singapore. • Other consortium members include Singtel, ASEAN Cableship, and NEC Corp. • The subsea cable will support AI, cloud computing, and hyperscale data centre workloads, strengthening digital connectivity across the region.

THERMAX CO SAYS EXTREMLY BULLISH ON ALL SEGMENTS HAVE VERY STRONG ORDER BOOK WITH RISING DEMAND IN DOMESTIC AND INTERNATIONAL MARKET: INTERVIEW

ODISHA ALUMINIUM PROJECT MOU Adani Group, IHC to sign MoU with Odisha Govt today Proposed aluminium project to come up in Odisha 1.08 lakh crore total project cost divided between Adani and IHC Proposed integrated aluminium value chain expected to be Odisha's largest-ever FDI Project to create 12 billion tonnes per annum capacity

ANUBHAV PLAST | Investors Acquire 6.50% Stake • Craft Emerging Market Fund PCC – Citadel Capital Fund and Craft Emerging Market Fund PCC – Elite Capital Fund have acquired 7,15,200 equity shares of Anubhav Plast Ltd. • The acquisition represents 6.50% of the company's total share capital through IPO and open market purchases. • Following the acquisition, the combined holding of the two funds stands at 6.50% of the total diluted share capital. • The acquisition was completed on June 25, 2024.

GK ENERGY | Bags ₹48.02 Cr Solar Rooftop Order • Received an order for 10 MW rooftop solar projects across 1,150 locations. • Order value: ₹48.02 crore (inclusive of GST). • The project has been awarded by a Distribution Company. • The order is scheduled to be executed within 90 days. • It is a domestic order and not a related-party transaction.

CUPID | Raises FY27 Revenue Guidance After Strong Q1 • Expects Q1 FY27 revenue to exceed ₹150 crore, making it one of the strongest quarterly performances in the company's history. • Raised FY27 revenue guidance to ₹660+ crore from ₹600 crore. • Growth is being driven by strong international B2B demand, the PFSCM supply agreement, institutional orders and global tenders. • The company expects strong growth across male condoms, female condoms, lubricants, IVD kits and consumer wellness products. • The new Palava manufacturing facility is expected to become operational next quarter, increasing production capacity. • Management expects profit margins to remain strong, supported by favourable USD-INR realisations and improved pricing.

HSBC ON HOSPITALS Watch for competition from Manipal Manipal, the largest private hospital chain in India, prepares for an IPO Expect hospitals will continue to see higher competition from Manipal for doctors Prefer Fortis Healthcare and Apollo Hospitals; both are Buy-rated

MACQUARIE ON AUTO SECTOR June 2026: Demand momentum remains strong PV leads demand growth; 2W demand stays firm June wholesale sales remained firm & retail volumes confirm underlying demand Q1 margins will be muted; focus shifts to Q2 margin outlook TVS and M&M are top picks

NLC INDIA | Wins 600 MW Solar Project LoA • Wholly owned subsidiary NLC India Renewables Ltd. (NIRL) has received a Letter of Award (LoA). • The award is for setting up 2×300 MW (600 MW) Solar Power Projects. • The projects will be developed at the 1,200 MW Jalaun Solar Power Park in Jalaun, Uttar Pradesh. • The LoA has been awarded by Bundelkhand Saur Urja Ltd. (BSUL), a joint venture of NHPC Ltd. and UPNEDA. • The project was secured through Tariff-Based Competitive Bidding (TBCB).

J&K BANK | Q1 Business Crosses ₹3.04 Lakh Crore • Total business grew 20.4% YoY and 4.7% QoQ to ₹3.04 lakh crore. • Total deposits increased 16.8% YoY and 4.9% QoQ to ₹1.73 lakh crore. • Gross advances surged 25.5% YoY and 4.5% QoQ to ₹1.31 lakh crore. • CASA deposits rose 7.5% YoY but declined 3.3% QoQ to ₹72,979 crore. • Gross investments stood at ₹43,706 crore, up 0.9% YoY and 5.8% QoQ. • CASA ratio moderated to 42.08%, from 45.64% QoQ and 45.71% YoY.

TEXMACO RAIL : BAGS ₹351.16 CR WAGON ORDERS 🚆 • 📝 Received 2 domestic orders worth ₹351.16 crore • 🚛 JSW (South) Rail Logistics awarded an order worth ₹253.28 crore for BFNSM1 rakes with BVCM wagons • 🚛 Sushila Transport awarded an order worth ₹97.88 crore for ACT1 rakes with BVCM wagons • ⏳ JSW order to be executed within 13.5 months; Sushila Transport order by 31 October 2027 • 🤝 Neither order is a related-party transaction 🟢 Impact: Positive (Strong order inflow improves revenue visibility and strengthens the order book.)

MORGAN STANLEY ON AUTO SECTOR June 2026 - Retail Growth Trajectory Remains Strong Retail sales trend in June 2026 remained healthy across PVs, 2Ws, CVs and Tractors EV penetration continued to improve across segments Falling commodity costs, healthy volume growth support margin improvement Maruti, M&M and TVS remain preferred Overweight

ANTIQUE ON CLEAN MAX Target Price ₹1711 Recommendation Accumulate Bypassing the DISCOM to power corporate energy transition The largest and most differentiated commercial and industrial platform Data and Al: a concentrated, contracted demand engine Visible contracted growth, on economics safe from regulation Expect operational capacity to scale 2.5x reaching 7.8 GW by FY29

HSBC ON TATA MOTORS PV MAINTAIN HOLD TARGET PRICE: ₹400 Domestic Volume Growth Outlook Stays Positive Tata Is Likely To Outperform The Industry, Though At Lower Margins JLR Outlook Is Still Murky With An Ageing Portfolio Disappointment On Margin Normalisation Guidance In FY27 Stock Can Stay Volatile With Any Positive Surprise From JLR As Top Upside Risk