🇮🇳 India Daybook ~ Stocks in News

Positive Buzz

• BHEL: The company has signed a strategic collaboration agreement with thyssenkrupp nucera India to develop alkaline electrolyser systems for green hydrogen projects, marking a significant entry into the clean energy value chain.
• JSW Energy: Announced the commissioning of 1,081 MW of renewable energy capacity since April 2026. The company's total installed capacity now stands at 14,535 MW, with renewables making up 61% of the portfolio.
• Kalyan Jewellers: Reported a robust Q1 FY27 business update with consolidated revenue growth of 38% YoY, driven by strong festive and wedding demand across India and the Middle East.
• Phoenix Mills: The retail giant saw Q1 FY27 consumption grow by 32% YoY to ₹4,727 crore. Office occupancy also improved to 72%, supported by fresh leasing of 1.9 lakh sq. ft.
• IRB Infrastructure: Reported a 28% YoY jump in toll collections for June 2026, reaching ₹808 crore compared to ₹631 crore in the same period last year.
• Premier Energies: Shares will be in focus after the company secured major solar orders, strengthening its position in the domestic solar module manufacturing space.
• Rashtriya Chemicals and Fertilizers (RCF): The Board has approved raising up to ₹1,500 crore through a Follow-on Public Offering (FPO), subject to government and shareholder approvals.

Neutral Developments

• State Bank of India (SBI): Its subsidiary, SBI Funds Management, has filed a Red Herring Prospectus (RHP) for its IPO. The issue, which is an Offer for Sale (OFS) of a 10% stake, is scheduled to open on July 14, 2026, with a price band of ₹545–₹574.
• NALCO & NLC India: The two PSUs have signed a joint venture agreement to develop a 1,080 MW captive thermal power plant in Odisha to support NALCO's smelter expansion.
• SML Isuzu: June 2026 sales figures showed a modest 4.9% YoY increase in commercial vehicle sales, though exports saw a sharp decline of nearly 47%.
• Ex-Dividend Stocks: Several high-profile stocks will trade ex-dividend today, including Titan Company (₹15/share), Harsha Engineers (₹1.50/share), Sheela Foam (₹1/share), and Tara Chand InfraLogistic (₹0.20/share).
• Surveillance Action: NSE has moved Gradiente Infotainment, Vipul, Bhilwara Technical Textiles, and Ganga Forging to the 'Trade for Trade' segment effective today to curb speculative volatility.

Negative News

• Graphite India: The company has decided to close its Graphite Specialities and Coating divisions in Germany due to prolonged weak demand and the impact of the Russia-Ukraine conflict. These divisions contributed roughly 4% to the FY26 turnover.
• Greenpanel Industries: ICRA has reaffirmed the company’s long-term rating at [ICRA] A+ but maintained a 'Negative' outlook, citing pressure on margins.
• Oil-Sensitive Sectors: Paint, Aviation, and OMCs (Oil Marketing Companies) may face pressure as Brent crude prices surged over 7% overnight, nearing the $80 per barrel mark following the collapse of the US-Iran ceasefire.
• TANFAC Industries: The company has significantly reduced its proposed preferential issue size from ₹173.49 crore to ₹99.41 crore after a revised commitment from promoter Anupam Rasayan.

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