🇮🇳 India Daybook: NCC Bags Major Metro Order, Brightcom Group Trading Resumes

📍 ORDER WIN

• NCC Limited: The infrastructure company has received a major contract valued at ₹2,269 crore (excluding GST) from the Mumbai Metropolitan Region Development Authority. The order is for the construction of Mumbai Metro Line 6 – Package 1-CA-232.
• SPML Infra: The company has won a water supply project.

📍 EARNINGS/FINANCIAL RESULTS

• Avenue Supermarts (DMart): The company reported a marginally flat net profit of ₹773 crore for the quarter ended June 2025, compared to ₹774 crore in the previous corresponding period. Revenue, however, increased by 16.30% year-on-year to ₹16,359.70 crore, with EBITDA growing by 6.4% to ₹1,299 crore.
• GTPL Hathway: The company announced its Q1 results.

📍 REGULATORY & COMPLIANCE

• Brightcom Group: Trading of the company's equity shares officially resumed on both the BSE and NSE from July 14, 2025, following the revocation of a previous suspension. The shares will trade under the 'T' Group on BSE and in the 'BE' series on NSE, on a trade-for-trade basis. The suspension, which began on June 14, 2024, was due to an ongoing SEBI investigation into accounting irregularities.
• Gland Pharma: Its Pashamylaram facility has secured GMP certification from the Danish Medicines Agency. This approval covers aseptic powder formulations for injection, infusion, and inhalation, applicable to markets outside the European Economic Area.
• Castrol India: The company received a favourable ruling from CESTAT in a ₹4,131 crore dispute with the Maharashtra Sales Tax Department regarding alleged inter-state sales.
• Glenmark Pharma: The company received a USFDA warning.

📍 CORPORATE ACTIONS

• BEML: The state-owned company announced that its board meeting on July 21, 2025, will consider a stock split, marking the first such sub-division of its equity shares since its incorporation.
• Adani Green: The company is undertaking a fundraise of ₹1,208 crore.
• Brigade Enterprises: The company is considering fund raising through the issue of Non-Convertible Debentures (NCDs) on a private placement basis.

• Ex-Dividend Companies: Several companies traded ex-dividend on July 14, 2025, including:

  • Bimetal Bearings (Final Dividend - ₹13.00 per share)
  • Craftsman Automation (Final Dividend - ₹5.00 per share)
  • GHCL Textiles (Final Dividend - ₹0.50 per share)
  • Persistent Systems (Final Dividend - ₹15.00 per share)
  • R R Kabel (Final Dividend - ₹3.50 per share)
  • Super Sales India (Final Dividend - ₹2.50 per share)
  • Wendt (India) (Final Dividend - ₹20.00 per share)

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

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