Focus on 15 stocks in today’s trade: Asian Paints, Akzo Nobel, GAIL, OIL India, Crisil, ICRA, CARE Ratings, HCL Tech among key movers
Asian Paints – the country’s largest paint-maker- has sold its entire stake in Akzo Nobel India for Rs 734 crore. Over 20,00,000 equity shares representing 4.42 per cent of the paid up capital of Akzo was off-loaded via bulk deals. In a notice to the bourses, on Wednesday, Asian Paints said, “the entire holding of 20,10,626 equity shares in Akzo Nobel India Limited, representing 4.42% of its paid-up share capital” was sold. “The sale was executed at a price of Rs. 3,651 per share through the bulk deal mechanism,” the notice said.
State-run GAIL (India) said on Wednesday that it has signed a Gas Sale and Purchase Agreement with Oil India (OIL) for extending the existing agreement for another 15 years, starting from July, 1, 2025. The agreement is to supply up to 900,000 Standard Cubic Meters per Day (SCMD) of natural gas from OIL’s Bakhri Tibba Block of Rajasthan covering Dandewala, Tanot and Bagi Tibba fields.
Regulator SEBI has proposed permitting credit rating agencies (CRAs) to undertake the rating of financial instruments that may come under other financial sector regulators, even if they have not issued any rating-related guidelines. Under the current CRA regulations, credit rating agencies are only allowed to rate securities that are listed or proposed to be listed on a stock exchange recognised by SEBI. Focus will be on Crisis, ICRA and Care Ratings.
HM Electro Mech has bagged an order worth ₹19.63 crore for comprehensive operation and maintenance of Surendranagar Integrated Phase- II RWSS for all component of civil and mechanical work. The order is to be executed within 24 months.
Share India Securities Ltd, a technology-driven financial services provider offering tailored solutions in the Indian capital markets, has announced a further strategic investment in Metropolitan Stock Exchange of India Limited (MSEI). This move reflects the Company’s continued commitment to strengthening its presence in India’s financial ecosystem. The Board has approved an additional investment of ₹30 crore in MSEI through the acquisition of 15 crore equity shares.
HCLTechnologies and Astemo Cypremos, a subsidiary of Astemo, that specialises in software and cloud services, announced a partnership to advance innovation in the autonomous and smart vehicle ecosystem. As part of the multi-year engagement, HCLTech will leverage its global leadership in engineering to help Cypremos transition to a software-defined model using a comprehensive suite of HCLTech’s proprietary next-gen smart vehicle enablers.
Lupin Ltd and Zentiva Group (Zentiva), a pan-European pharmaceutical company, have entered into a license and supply agreement for commercialization of Lupin’s biosimilar Certolizumab Pegol, across multiple markets globally. This strategic alliance aims to accelerate the availability of high-quality, cost-effective biosimilar Certolizumab Pegol to patients worldwide.
Tasty Bite Eatables Limited plans to launche new product range under the retail brand- CHEFFIN for Dal Makhani Kit, Butter Chicken Kit, Chicken Tikka Masala Kit, Kadai Veg Kit and Shahi Paneer Kit. It is likely to be launched before August 31, the company said in a release to the exchanges.
Yash Highvoltage has executed a Binding Team Sheet for acquisition of 100% stake in Sukrut Electric Company Private Limited jointly with Quality Power Electrical Equipments Limited, in equal proportion by each organisation
The board of Girnar Spintex Industries Limited (formerly Amit Spinning Industries Limited) has approved proposals for expansion and modernisation of the existing manufacturing plant and partial sale of machinery which does not exceed twenty per cent of the value of the total machinery of the Company.
The board NIIT Learning Systems has approved the investment by NIIT (Ireland) Limited, a wholly owned overseas subsidiary of the Company, by way of acquisition of 100 per cent equity stake in MST Investment Holding GmbH along with its subsidiaries. NIIT (Ireland) has completed the said acquisition
ACC, part of the Adani-owned Ambuja Cements, has successfully commissioned brownfield Grinding Unit project – a new 1.5 million tonne per year grinding unit – at its Sindri plant in Jharkhand. With this, Ambuja’s total cement capacity now stands at over 104 million tonnes, boosting its overall output capabilities.
RailTel Corporation informed the exchanges that it has bagged a contract worth Rs 17.47 crore from the Chhattisgarh government. With this fresh order, the company’s cumulative order value for the month has surged to Rs 130.32 crore. The order involves the implementation of a revamped integrated communication infrastructure, including WLAN, LAN, and EPBAX systems, along with network connectivity, hardware procurement, commissioning, and long-term operation and maintenance and expected to be completed by July 2031.
Emcure Pharmaceuticals has informed the exchanges that it has completed a USFDA inspection at its oncology facility in Ahmedabad without any observations. The inspection was conducted from June 30 to July 8. The clean outcome indicates that the facility met all the required standards.
Bharti Airtel has set up a new step-down subsidiary Airtel Money Limited. As per the filing, it’s a related-party transaction, and the shares were issued at face value. No major operations or plans have been shared yet.
Enviro Infra Engineers has won a ₹395 crore project as the lead partner in a joint venture with AltoraPro Infrastructure, awarded by the Maharashtra Industrial Development Corporation (MIDC).
Published on July 10, 2025
