STOCKS IN NEWS

• Persistent Systems: IT services company Persistent Systems said the NCLT has approved the merger of its wholly owned subsidiary, Arrka Infosec Private Limited, with the parent entity. The merger is aimed at simplifying the company’s corporate structure.
• Bharat Forge: Bharat Forge has entered into a long-term agreement with Brazilian aircraft manufacturer Embraer to manufacture and supply critical landing gear forgings for its commercial and defence aircraft programmes.
• Munjal Auto Industries: The company has secured a major long-term order from Honda Motorcycle for the manufacturing and supply of sheet metal stamping and welding components.
• Windsor Machines: Windsor Machines has signed an agreement with Allerindia Developers LLP to sell industrial plots along with building structures located in the Wagale Thane Industrial Area. The transaction is valued at ₹162 crore and will be completed in multiple tranches.
• HG Infra Engineering: The company has received a Letter of Award (LoA) worth ₹3,931.11 crore from Welspun Enterprises for the construction of a six-lane highway corridor and upgradation of an existing road stretch.
• Fertiliser Stocks: Fertiliser-related companies may remain in focus after the government clarified that India has sufficient fertiliser inventory for the upcoming Kharif season and urged farmers to avoid panic buying amid concerns over supply disruptions linked to the West Asia conflict.
• Groww (Billionbrains Garage Ventures): Existing investors including Peak XV Partners, Y Combinator, and Ribbit Capital are reportedly looking to pare stake through a block deal with a base size of nearly $500 million, according to media reports.
• Afcons Infrastructure: The company has emerged as the L1 bidder for a railway infrastructure project in Europe involving reconstruction of an existing track and construction of a second railway line. The project is valued at ₹7,544 crore.
• HFCL: HFCL has secured export orders worth around $19.32 million (approximately ₹183.95 crore) for the supply of optical fibre cables from international customers.
• LTM: The company has launched the LTM Business Orchestration Platform, an AI-powered solution aimed at enabling real-time intelligent operations across SAP and enterprise ecosystems. LTM BlueVerse will act as the marketplace layer for onboarding SAP-focused AI agents.
• Premier Energies: Premier Energies and Syrma SGS Technology have mutually decided not to proceed with the proposed acquisition of K-Solare Energy. Both parties have amicably terminated discussions, with no material financial impact arising from the decision.

BULK DEALS

• NRB Bearings: Promoter entity Trilochan Singh Sahney Trust 1 sold 14.12 lakh shares, representing a 1.45% stake, in NRB Bearings for ₹46.6 crore at ₹329.97 per share.
• Aditya Consumer Marketing: Fivex Capital VCC, through Fivex Emerging Star Fund, acquired 1.96 lakh shares, equivalent to a 1.33% stake, in the company at ₹34.27 per share, amounting to ₹67.16 lakh.
• Novus Loyalty: Nova Global Opportunities Fund PCC – Touchstone sold 96,000 shares, or a 0.6% stake, in Novus Loyalty at ₹156.68 per share, valued at ₹1.5 crore.
• Value 360 Communications: Nova Global Opportunities Fund PCC – Touchstone purchased an additional 1.8 lakh shares (1.1% stake) in Value 360 Communications for ₹1.41 crore, while Neo Apex Share Broking Services LLP acquired 4.04 lakh shares (2.5% stake) worth ₹3.17 crore. The transaction price stood at ₹78.4 per share.