Morning news

26/06/2025  8.00AM
Good morning  Vande Mataram 
News Headlines from Leading Financial News Papers, Compiled by Rudra Shares 
Thursday, 26 June 2025


 Markets & Exchanges 
* NSE may waive fee on electricity futures trade
* NSE may get go-ahead to file IPO papers by July-end; listing likely by Q4FY26
* NSE to pay additional ₹600 crore to SEBI before the IPO; files settlement application

 Healthcare & Pharma 
* Bharat Biotech and GSK to reduce malaria vaccine pricing
* Pharma companies risk losing licenses if drug tests fail
* Star Health shares rise as insurer partners with Medi Assist to transform claims through AI and innovation
* Sudeep Pharma files IPO papers with SEBI to raise funds

 Auto & EV 
* Sona Comstar expands focus to eastern markets to diversify revenue
* Hyundai Motor India hits record high after Avendus Spark initiates with 'Buy'; Nomura raises target
* Servotech Power Systems shares rally on winning a solar project in Madhya Pradesh
* FASTag may soon be used for parking, EV charging, and insurance payments

 Consumer & Electronics 
* Panasonic exits Indian market for washing machines and refrigerators
* Magnum Ice Cream Company to acquire Kwality Wall's shares from Unilever group

 Quick Commerce & Retail 
* Indian quick commerce market expected to touch \$30 billion by FY30 amid mobile-first consumption: Bessemer report

 Defence & Infrastructure 
* PTC Industries gains after subsidiary signs MoU with Safran, a French military engine giant
* Reliance Infra shares hit upper circuit after subsidiary wins ₹600 crore defence order from German firm
* KNR Constructions JV bags ₹4,801 crore contract; shares gain

 Industrial & Manufacturing 
* Exicom shares surge after announcing a ₹260-crore rights issue
* Belrise Industries shares rally as one-month lock-in ends; 3.6 crore shares now available for trade
* Manika Plastech files draft IPO papers; fresh issue size ₹115 crore
* Union Bank approves plan to raise ₹6,000 crore via equity and debt instruments

 IPO & Fundraising 
* HDB Financial Services IPO subscribed 37% on Day 1
* Globe Civil Projects IPO subscribed 15x on Day 2; NII portion booked 21x
* Ellenbarrie Industrial Gases IPO subscribed 31x on Day 2
* Sambhv Steel Tubes IPO subscribed 60% on Day 1, led by retail and NII investors
* Kalpataru IPO subscribed 35% on Day 2, retail portion 72% booked
* Indogulf Cropsciences raises ₹58.2 crore via anchor book; Abakkus (Sunil Singhania) picks ₹28.2 crore worth of shares
* Citigroup, HSBC, Morgan Stanley, Kotak, and I-Sec to lead SBI's ₹25,000 crore QIP

 Banking & Financial Services 
* SBI Mutual Fund picks 2.79% stake in Star Health and Allied Insurance (bulk deal)
* Arisinfra Solutions makes weak market debut; shares plunge over 21% despite market rally
* SEBI imposes ₹25 lakh penalty on BSE for regulatory violations

 Telecom & Tech 
* Vodafone Idea seeks \$2.9 billion in loans to strengthen its network: Report
* Mukesh Ambani: Reliance aims to be a deep-tech and advanced manufacturing company
* Mukesh Ambani adds: "Scale is important, and Jio was the biggest risk taken so far"

 Energy & Sustainability 
* Adani Energy in talks to acquire Megha Engineering's transmission assets
* Adani and Reliance to offer each other’s fuels at select outlets
* Government drafts proposal for emission reduction targets for PSUs, private refineries, and textile sector

Global & M\&A 
* Trump says 3-4 people are under consideration to replace Jerome Powell at US Fed
* Shell denies any takeover discussions with BP: Report

 Brand & Valuation 
* Tata Group becomes first Indian brand to cross \$30 billion in brand value; Eternal joins top 50 brands


Jai Hind
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Risk Disclosure on Derivatives

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22

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