STOCKS IN NEWS

• Power Grid Corporation: The PSU has secured a JPY 80 billion (¥80 billion) loan from the Japan Bank for International Cooperation (JBIC). The loan agreement was signed on June 17.
• Cochin Shipyard: The government has launched an Offer for Sale (OFS) to divest up to 5.04% stake in the company at a floor price of ₹1,400 per share. The OFS opens for non-retail investors on July 7 and retail investors on July 8.
• Sterlite Technologies: The company has raised ₹1,500 crore through a Qualified Institutional Placement (QIP) to reduce debt and support its next phase of growth. A total of 2.57 crore equity shares were allotted to institutional investors.
• Oberoi Realty: The company has recorded gross bookings of ₹8,109 crore from its maiden NCR luxury residential project, Three Sixty North, selling 13.52 lakh sq. ft. of RERA carpet area, equivalent to 23.10 lakh sq. ft. of saleable area.
• M&M: Mahindra Tractors has launched the YuvoTech+ 585 DI V1 across India. The company also plans to introduce seven new tractor models and 12 new features in FY27, including products under the Mahindra New Tractor range and Swaraj Protek.
• Torrent Pharmaceuticals: The NCLT has approved the amalgamation of JB Chemicals & Pharmaceuticals with Torrent Pharmaceuticals, as per its order dated July 6, 2026.
• Varun Beverages: Its wholly owned subsidiary, VBL Industries (Kenya) Ltd, has signed an agreement to acquire the value-added dairy beverages, juices, and packaged drinking water business of Devyani Food Industries (Kenya) Ltd for USD 32 million.
• TVS Supply Chain Solutions: India Ratings & Research (Ind-Ra) has upgraded the company’s outlook to Positive from Stable, while reaffirming its ‘IND AA’ rating.
• ZEN Technologies: Subsidiary Vector Technics has become India’s largest fully integrated drone propulsion manufacturer, expanding its annual production capacity to 300,000 units.
• Blue Jet Healthcare: The board has approved a QIP floor price of ₹531.70 per share.
• MobiKwik: Shareholders have approved the transfer of the company’s lending business to a wholly owned subsidiary. They also approved changes in the utilisation timeline and objectives of IPO proceeds. The company has already received an NBFC licence from the RBI.
• BEML: The company is restructuring its R&D ecosystem to transform itself from a manufacturing-focused enterprise into a technology-driven organisation.
• Hexaware Technologies: The company has entered into a strategic partnership with NYSE-listed SmartRent to drive an AI-native transformation across SmartRent’s business operations.
• Embassy Developments: The board has approved raising up to ₹1,170 crore through additional debentures via private placement, increasing the total fundraising limit from ₹400 crore to ₹1,570 crore.
• RITES: The company has secured a USD 35.82 million order from Volantis Asset Finance (Pty) Ltd, South Africa, for the supply and commissioning of 4,000 HP Cape Gauge diesel-electric locomotives.
• TANFAC Industries: The board has approved a preferential issue of 7.41 lakh equity shares at ₹2,341 per share, aggregating ₹173.5 crore.

BULK DEALS

• Karnika Industries: SageOne Growth OE Fund, a Category III AIF, acquired 19.91 lakh shares (3.2% stake) for ₹18.18 crore.
• Agarwal Toughened Glass India: Green Portfolio acquired 92,400 shares (0.52% stake) worth ₹1.27 crore at ₹137.74 per share, while The Golden Bird Investment Trust-I purchased 2.06 lakh shares (1.16% stake) for ₹2.86 crore at ₹138.61 per share.

Cochin Shipyard Limited (OFS) – Key Details & Bidding Schedule

The government has announced an Offer for Sale (OFS) for Cochin Shipyard Limited (COCHINSHIP). Below are the key transaction details and timeline parameters formatted for a website or blog post:

Key Offer Parameters

• Closing Price (Previous Session): ₹1,506.40 (on the NSE)
• Floor Price: ₹1,400.00 per equity share.
• Base Offer Size: Up to 66,29,636 equity shares, representing 2.52% of the total paid-up equity share capital of the company.
• Employee Offer: Up to 26,308 equity shares, representing 0.20% of the Offer Shares.

Bidding Timeline & Window Hours

📅 Non-Retail Investors: July 7, 2026 (“T Day”)

• Trading Window: Open exclusively for Non-Retail Investors from 9:15 a.m. to 3:30 p.m. IST.

📅 Retail Investors & Employees: July 8, 2026 (“T+1 Day”)

• Trading Window: Open for Retail Investors and Eligible Employees from 9:15 a.m. to 3:30 p.m. IST.

Corporate Actions:

Disclaimer:

Investment in securities markets is subject to market risks. Please read all related documents carefully before investing. (Our SEBI Reg. No. INH000010335)

For Full Disclaimer: Click Here