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✅ *Sansera Engineering:* The company has entered into a Memorandum of Understanding with Karnataka Udyog Mitra, Directorate of Industries & Commerce, Government of Karnataka, for the acquisition of 55 acres of industrial land in Harohalli, Ramanagra, Bengaluru. This strategic move is part of the company's long-term growth and expansion plans in the region for both automotive and non-automotive sectors. ✅ *Wipro:* Wipro has been selected by MAHLE, a global automotive supplier, to transform their IT infrastructure with an innovative hybrid cloud solution. As part of this multi-year project, Wipro will migrate MAHLE's two core data centers into Wipro FullStride Cloud's hybrid cloud solutions. ✅ *GE T&D* Revenue for the quarter ended June 2024 was Rs 960 crore, up 34 percent from Rs 720 crore in the quarter ended June 2023. EBITDA stood at Rs 194 crore compared to Rs 62.8 crore in the same quarter the previous year. Profit after tax was Rs 134.5 crore, up from Rs 28.2 crore in the quarter ended June 2023. ✅ *Vedanta Limited:* The company has received “no objection” letters from BSE Limited and the National Stock Exchange of India Limited regarding the proposed Scheme of Arrangement between Vedanta Limited, Vedanta Aluminium Metal Limited, Talwandi Sabo Power Limited, Malco Energy Limited, Vedanta Base Metals Limited, Vedanta Iron and Steel Limited, and their respective shareholders and creditors. ✅ *Techno Electric & Engineering Company:* The company has acquired NERGS-I 30, Power Transmission Limited from REC Power Development & Consultancy Limited (RECPDCL) in July 2024, along with all its assets and liabilities. The company had previously been declared the successful bidder through a tariff-based competitive bidding process. As of the acquisition date, NERGS-PTL became a subsidiary of Techno Electric & Engineering Company Limited. ✅ *Bharat Forge:* Kalyani Strategic Systems Limited, a wholly-owned subsidiary of the company, has been granted a defense license by the Department for Promotion of Industry & Internal Trade under The Industries (Development and Regulation) Act, 1951, for the manufacture of various defense products at its Jejuri unit. ✅ *GE Power:* GE Power India Limited has received purchase orders from Torrent Power Limited and NTPC Limited totaling Rs 3.83 crores for the supply of boiler spares for NTPC Mouda thermal station.

*Stock on Focus:* ✅ *Aster DM:* The company's revenue grew by 20 percent year-on-year to Rs 1,002 crore in Q1FY25. Net profit (post NCI) grew by 80 percent to Rs 74 crore in Q1FY25. ✅ *Relaxo Footwear:* The company's revenue increased by 1 percent year-on-year to Rs 748 crore in Q1FY25. PAT fell by 21 percent year-on-year to Rs 44 crore in the same period. The Phoenix Mills The company has approved the issuance of bonus shares in the ratio of 1:1 with a face value of Rs 2. ✅ *Maestros Electronics & Telecommunications Systems:* The company has acquired a deal from the DG Armed Forces Medical Service from the Ministry of Defense. The deal is for the delivery of 178 pieces of Portable Lightweight Computerized Multi-Channel ECG Machines. ✅ *Godrej Properties:* The company reported a net profit of Rs 520 crore, compared to Rs 125 crore year-on-year. Revenue decreased by 21.1 percent to Rs 739 crore, compared to Rs 936 crore year-on-year. The company recorded an EBITDA loss of Rs 125.7 crore, compared to an EBITDA loss of Rs 149 crore year-on-year. ✅ *BHEL:* The company reported a net loss of Rs 211.4 crore against Rs 205 crore in the previous fiscal. Revenue for the quarter was up 9.6 percent at Rs 5,485 crore against Rs 5,003 crore. ✅ *Mahindra and Mahindra:* Mahindra & Mahindra (M&M) reported a net profit of Rs 2,612 crore and revenues of Rs 27,039 crore. The automotive segment saw a 13 percent year-on-year increase in revenue to Rs 18,947 crore. Additionally, the EBIT margin for the auto segment grew to 9.5 percent from 7.7 percent year-on-year. ✅ *BirlaSoft:* Birlasoft reported a 16.6 percent year-on-year decline in net profit for Q1 to Rs 150.2 crore. Revenue decreased by 2.6 percent, totaling Rs 1,327.4 crore compared to Rs 1,362.5 crore. ✅ *Crompton Greaves Electricals:* The company reported a 25 percent jump in net profit to Rs 152.35 crore in Q1FY25. Revenue from operations also grew by 14 percent to Rs 2,137.69 crore. ✅ *Adani Power:* The company reported a 55 percent year-on-year fall in net profit at Rs 3,900 crore, compared to Rs 8,759 crore in the previous fiscal. Revenue for the quarter was Rs 14,717 crore, an increase of 29 percent year-on-year from Rs 11,005 crore in Q1FY24. ✅ *Maruti Suzuki:* Maruti Suzuki India reported a 47 percent year-on-year increase in its Q1FY25 net profit to Rs 3,650 crore. Revenue for the same period rose by 10 percent year-on-year to Rs 35,531 crore. ✅ *Bank of Baroda:* Bank of Baroda reported a 9.5 percent rise in standalone net profit to Rs 4,458 crore for the quarter ended June 2024. NII for the period was up 5.5 percent to Rs 11,600 crore. ✅ *Coal India:* Coal India reported a 4 percent year-on-year rise in consolidated net profit at Rs 10,959 crore for the quarter ended June 30, 2024. Revenue from operations rose by 1.3 percent to Rs 36,465 crore in Q1FY25 compared to Rs 35,983 crore in the year-ago period. ✅ *Mankind Pharma:* Mankind Pharma reported a 10 percent year-on-year jump in net profit to Rs 543 crore. Revenue from operations also witnessed a 12 percent year-on-year growth in the same period to Rs 2,893 crore. ✅ *Tata Steel:* Tata Steel Ltd reported a 51 percent year-on-year jump in consolidated net profit at Rs 960 crore for the quarter ended June 30, 2024. Revenue from operations fell by 8 percent year-on-year to Rs 54,771 crore in Q1FY25 compared to Rs 59,490 crore in Q1FY24. ✅ *Bikaji Foods International:* Deepak Agarwal, from the Promoter and Promoter Group, sold 300,000 equity shares with a face value of Rs 1 each on July 31, 2024, representing 0.12 percent of the company's total paid-up equity share capital. This sale was to meet Minimum Public Shareholding requirements. As a result, the Promoter and Promoter Group's shareholding decreased from 75.10 percent to 74.98 percent. ✅ *Teamlease:* The company posted a quarterly profit of Rs 19 crore, which is a 25 percent year-on-year decline. The EBITDA margin for the quarter fell to 0.9 percent in Q1FY25 from 1.2 percent in Q1FY24.

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Viral News Stock Market LIVE Updates: Sensex up 400 pts, Nifty at 24,950; Bandhan Bank, RITES, PNB most active Ola Electric IPO price band set at ₹72-₹76 per share: Check timeline, issue size and key details Stocks in news: ICICI Bank, Adani Wilmar, ACC, Dr Reddy's, IndiGo, IndusInd Bank Chennai Super Kings ownership not affected as UltraTech acquires India Cements Brokerages hail ICICI Bank strong Q1 results, forecast further re-rating Q1 results this week: ITC, SBI, TaMo, Zomato among 130 firms to announce earnings IndusInd Bank stock gains 2% on decent Q1 show, analysts find valuations attractive for re-rating RITES stock zooms 11% ahead of board meeting to consider bonus issue, Q1 earnings IndiGo shares fall 5% after weak Q1 show; brokerages remain bullish Bandhan Bank shares leap 11% on robust Q1 results; brokerages boost target prices

✅ *Laxmi Organic Industries* The company has received an Assessment Order from the Income Tax Department for the assessment year 2020-21, demanding Rs 26.27 crore for the income tax return filed for the financial year 2020-21. The company believes the claim under the said assessment order is not maintainable and is in the process of preferring an appeal and rectification against the said order. The assessment order has no material impact on the financials, operations, or other activities of the company. ✅ *Colgate Palmolive India:* The company has received a final assessment order for Assessment Year 2020-21, demanding Rs 248.7 crore (including interest) for transfer pricing-related issues. The company will be filing an appeal before the Income Tax Appellate Tribunal against the said order. There is no impact on the financial operations or any other activities of the company due to this order.

*Stocks To Watch:* ✅ *UltraTech Cement and India Cements:* The cement major has received board approval for the acquisition of a 32.72% stake in India Cements at a price of Rs 390 per share. The cost of acquisition is Rs 3,954 crore. In addition, it announced an open offer for an additional 26% stake in India Cements at Rs 390 per share, which is a 4 percent premium over Friday's closing price. ✅ *Biocon:* The US Food and Drug Administration conducted the cGMP and pre-licensing inspection at Biocon Biologics' facilities in Bengaluru during July 15-26. At the close of the inspection, the regulator issued a Form-483 with 10 observations: one across the four drug substance facilities, seven across the two drug product facilities, and two on the analytical quality control laboratories. ✅ *Bharat Heavy Electricals* BHEL has received a Letter of Intent (LOI) from Damodar Valley Corporation (DVC) for setting up the 2x800 MW Koderma Phase-II thermal power station at Koderma in Jharkhand on an EPC basis. The contract is worth Rs 10,000 crore. ✅ *Maruti Suzuki India* The automobile company has received a final assessment order with a total tax demand (including interest) of Rs 779.2 crore. It has also received a Show Cause Notice for the initiation of penalty proceedings concerning this order. Maruti will be filing an appeal before the Income Tax Appellate Tribunal and stated that the order would have no impact on the financial, operational, or other activities of the company. ✅ *Sun Pharma Advanced Research Company:* The pharma research company has re-designated Nitin Dharmadhikari as Chief Operation Officer effective July 26. Mudgal Kothekar, Vice President, and Sandeep Inamdar, Vice President - Clinical Development, have been designated as senior management personnel of the company effective July 26. ✅ *Glenmark Life Sciences:* The Gujarat Pollution Control Board (GPCB) has issued a closure notice for the company's Ankleshwar facility. The sample collected from the GIDC storm water drain was found to be contaminated with high COD levels and other parameters. GPCB has ordered the company to deposit interim environment damage compensation as determined by GPCB and to submit a bank guarantee of Rs 15 lakh for compliance assurance at the time of revocation. ✅ *Hindustan Zinc:* The company has received an order from the Assessment Unit, Income Tax Department (NFAC) for the Assessment Year 2013-14, demanding Rs 1,884.3 crore on July 25. It has already filed an application for rectification of mistakes on July 26 and is hopeful of a favourable outcome from the said rectification application. It also believes that the erroneous demand should be revised to reflect the correct tax liability of NIL. ✅ *Godawari Power and Ispat* The company has received permission from the Chhattisgarh Environment Conservation Board for setting up a 2 million ton pellet plant for the expansion of iron ore pelletisation capacity from 2.7 to 4.7 MTPA. The pellet plant is proposed to be financed from internal accruals of the company and is expected to be commissioned by Q1FY26. ✅ *Manappuram Finance:* The gold financing company has received intimation from its subsidiary company and its service vendor (Manappuram Comptech and Consultants) about a potential fraud perpetuated by an employee. The estimated quantum of the potential fraud is Rs 20 crore. It has appointed KPMG to conduct a detailed analysis of the fraud. ✅ *Jubilant Pharmova:* The company has received an order from the Income Tax Department for FY20, raising a tax demand of Rs 38.13 crore on its subsidiary Jubilant Generics due to mistakes apparent from records apart from certain transfer pricing adjustments. ✅ *Strides Pharma Science:* The step-down subsidiary of the company Strides Pharma Global Pte in Singapore has incorporated a company - Strides Pharma New Zealand Pty Limited in New Zealand. Strides New Zealand will hold market authorizations for the products in New Zealand and will also undertake trading in pharmaceutical products.