Here’s a quick look at stocks likely to be in focus in today’s trade.
Larsen & Toubro
Larsen & Toubro revealed that it has obtained a $700 million Sustainability-Linked Trade Facility (SLTF) from Standard Chartered.
IRFC
The state-owned firm announced that it has secured two significant loan agreements totaling ₹16,489 crore to fund upcoming supercritical thermal power projects in Haryana and Maharashtra.
Mahindra & Mahindra
Mahindra & Mahindra (M&M) said it has signed a share purchase agreement with Tera Yatirim Teknoloji Holding Anonim Sirketi (TERA) to divest its entire stake in Sampo Rosenlew Oy.
Tata Motors
Moody’s Ratings has revised Tata Motors’ outlook to negative from positive after a cyberattack on its UK subsidiary, Jaguar Land Rover, resulted in a complete production shutdown.
Bharat Electronics Limited
Navratna defence PSU Bharat Electronics Ltd (BEL) has bagged fresh orders worth ₹1,092 crore over the past 15 days. The key contracts include projects for EW system upgrades, defence network enhancements, tank sub-systems, TR modules, communication equipment, EVMs, as well as spares and services.
JSW Infra
The Sajjan Jindal-led firm announced that its subsidiary, Ennore Coal Terminal Private Limited (ECTPL), has been issued a show cause notice by the GST authorities over alleged tax violations totaling ₹96.58 crore.
Mazagon Dock Shipbuilders
The government-owned company has announced a final dividend of ₹2.71 per share for FY25.
Tata Steel
Tata Steel, Tata Steel Nederland, the Dutch Government, and the Province of North Holland have entered into a non-binding Joint Letter of Intent (JLoI) to initiate the first phase of transitioning to low-CO2 steel production and enhancing the living environment around the IJmuiden facility.
Reliance Power
Reliance Power announced that it has entered into an agreement to divest its entire shareholding in five Indonesian coal companies for a total value of $12 million.
Thomas Cook India
Omnichannel travel services provider Thomas Cook (India) announced that it has joined hands with the Ministry of Tourism (MoT) to improve destination experiences across the country.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
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