Saturday, July 12, 2025

Stocks to Watch: Enviro Infra, IDBI Bank, LIC, Waaree Energies and more

Date:

RailTel Corporation of India, Ambuja Cements, Emcure Pharmaceuticals, Bharti Airtel, Life Insurance Corporation of India, Muthoot Capital Services, IDBI Bank, Enviro Infra, LIC and more, these are the stocks to watch for tomorrow.1 / 9RailTel Corporation of India Ltd | The govt-backed company has secured a ₹17.47 crore contract from the Chhattisgarh government, marking its third major win this month. With this, RailTel’s total order value for July 2025 reaches ₹130.32 crore.2 / 9Enviro Infra Engineers Ltd | The company 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).3 / 9Ambuja Cements | The company announced that its subsidiary, ACC Limited, has successfully commissioned a 1.5 million tonnes per annum (MTPA) brownfield grinding unit at its Sindri plant in Jharkhand. This strategic expansion boosts Ambuja Cements’ total installed cement capacity to 104.45 MTPA, reinforcing its position in India’s infrastructure sector.4 / 9Emcure Pharmaceuticals Ltd | The pharma announced that the US FDA has completed a pre-approval inspection at its oncology plant in Sanand, Ahmedabad, with no Form 483 issued, indicating full compliance. The inspection took place from June 30 to July 8 at the GIDC facility.5 / 9Bharti Airtel | The telecom company has incorporated a new step-down wholly-owned subsidiary, Airtel Money Limited. The company also deepened its partnership with Ericsson to enhance Fixed Wireless Access (FWA) services in India.6 / 9Muthoot Capital Services Limited | The company has approved the issuance of up to ₹125 crore worth of NCDs through private placement. The company’s Debenture Issue and Allotment Committee cleared the issuance of 12,500 rated, listed, senior, secured, redeemable, and taxable NCDs, each with a face value of ₹1,00,000. The NCDs will carry a coupon rate of 9.5% per annum, with interest payable monthly.7 / 9Waaree Energies | The company’s subsidiary, Indosolar Limited, has launched an Offer for Sale (OFS) of up to 10 lakh equity shares, representing 2.4% of its paid-up capital. The OFS will open for non-retail investors on July 10, 2025, and for retail investors on July 11 via the stock exchange route.8 / 9Life Insurance Corporation of India | The Indian government has approved an Offer for Sale in LIC as part of its FY26 disinvestment push. With a 96.5% stake in the insurer, even a 1% sale could raise around ₹6,000 crore, given LIC’s ₹5.98 lakh crore market cap.9 / 9IDBI Bank | The Inter-Ministerial Group is likely to review the IDBI Bank share purchase agreement (SPA), which will then go to the Core Group of Secretaries and Ministerial panel for approval. Financial bids to follow post internal clearances. FM expects the deal to conclude in FY26.Continue Reading

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Your shopping bill decoded: How GST impacts clothes, shoes, and more

Think your fashion choices are only influenced by trends...

Air India AI171 Crash: AAIB to examine more evidence, no immediate safety directives for Boeing 787 operators

The Aircraft Accident Investigation Bureau (AAIB) has said in...

Divi’s Laboratories shares get an upgrade from HSBC who raises price target by 57%

Shares of Divi's Laboratories Ltd. gained on Tuesday, July...

India Launches 1st Electric Truck Scheme With Maximum Incentive Of Rs 9.6 Lakh Per Vehicle | Mobility News

नई दिल्ली: केंद्र ने शुक्रवार को पीएम ई-ड्राइव पहल...