📍 ORDER WIN

• Bharat Heavy Electricals Ltd (BHEL): The public sector undertaking secured a significant domestic order valued at approximately ₹6,500 crore from Adani Power Ltd. The order involves supplying equipment and supervising the construction of six thermal power units, each with an 800 MW capacity.
• Titagarh Rail Systems: A consortium led by Titagarh Rail Systems, along with its associate Titagarh Firema S.p.A, was awarded a contract worth ₹430.53 crore. This contract entails the design, manufacturing, supply, testing, and commissioning of 12 Electrical Multiple Units (EMU) passenger trains for the Pune Metro, including personnel training.
• Waaree Energies: Waaree Solar Americas, the US arm of Waaree Energies, secured a major order to supply 540 MW of solar modules from a US-based developer of large-scale solar and energy storage projects.
• Ahluwalia Contracts (India): The company secured two significant domestic construction projects with a combined value of ₹1,103.56 crore.
• NLC India: Received a Letter of Award from NTPC Ltd for the development of a 450 MW wind-solar hybrid power project, which will span across Rajasthan and Gujarat.

📍 ACQUISITION

• Torrent Pharmaceuticals: The company announced its decision to acquire a controlling stake in JB Chemicals. The acquisition involves purchasing 74.48 million shares (46.39%) for ₹11,917 crore from Tau Investment Holdings Pte. Ltd., with a subsequent open offer for an additional 26% stake at ₹1,639.18 per share.
• Mazagon Dock Shipbuilders: The state-run defense shipbuilder received approval to acquire a controlling stake in Colombo Dockyard PLC, Sri Lanka, for $52.96 million (approximately ₹452 crore). This marks the company's first major international expansion in maritime infrastructure.

📍 NEW PROJECT/CAPACITY

• NTPC Green Energy: A subsidiary of NTPC, commenced commercial operations of the final 120 MW capacity (Unit-II) of its 220 MW Shajapur Solar Project located in Madhya Pradesh.

📍 REGULATORY/LEGAL

• Tata Steel: The company received a show cause-cum-demand notice from the GST audit department concerning irregular Input Tax Credit (ITC) claims from FY2018–19 to FY2022–23, with the total tax demand amounting to ₹1,007.54 crore.
• Jaiprakash Associates: Both the BSE and NSE imposed fines on Jaiprakash Associates for delaying the filing of its financial results for the quarter and financial year ended March 31, 2025. The total fine amounted to ₹3.06 lakh.

📍 DIVIDEND

• Hindustan Aeronautics Ltd (HAL): The board of the state-owned defense company recommended a final dividend of ₹15 per equity share for FY25, representing 300% of the face value. The record date for the dividend payout is set as August 21, 2025.

📍 PARTNERSHIP/COLLABORATION

• AU Small Finance Bank: Announced a bancassurance partnership with Life Insurance Corporation of India (LIC).

📍 FINANCIAL DEVELOPMENTS

• Piramal Enterprises: The company invested ₹700 crore into its subsidiary, Piramal Finance, through a rights issue.
• Jio Financial Services: Shares of Jio Financial Services saw an uptick after the Securities and Exchange Board of India (SEBI) granted Jio BlackRock Broking permission to operate as a stockbroker and clearing member.
• Trent: Topped the list of gainers, climbing 3.34% amidst strong momentum in retail stocks.
• State Bank of India (SBI): Gained 1.86%, contributing to the strong performance of PSU banks, which emerged as clear outperformers among sectoral indices.
• Bharat Electronics Ltd (BEL): Added 1.63% to its share price.
• Market Performance: Benchmark indices, Sensex and Nifty, snapped a four-day winning streak, closing lower due to profit-booking, particularly in high-weight financials like HDFC Bank, Kotak Mahindra Bank, and Axis Bank. However, broader markets, including mid-cap and small-cap indices, showed resilience and outperformed.

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