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2025-06-03 08:41:11 am | Source: ARETE Securities Ltd
Stock Insights : DOMS Industries Ltd , EaseMyTrip Ltd , Godrej Properties Ltd, Grasim Industries Ltd, HCLTech Ltd - ARETE Securities Ltd
 Stock Insights : DOMS Industries Ltd , EaseMyTrip Ltd , Godrej Properties Ltd, Grasim Industries Ltd, HCLTech Ltd - ARETE Securities Ltd

The markets are expected to open marginally higher today as trends in GIFT NIFTY indicate a positive start for the broader index after NIFTY closed 34 points lower at 24,716 on Monday.

DOMS Industries

The company acquired 51% equity in Super Treads by purchasing 5.1 lakh shares for ?6.12 crore, making it a subsidiary.

EaseMyTrip

The company launched EaseMyTrip 2.0 to invest in scalable businesses by acquiring up to 49% equity while founders retain operational control.

Godrej Properties

The company acquired ~14-acre land in Kharadi-Wagholi, Pune for premium group housing with ~3.7 million sq ft developable area and ~?4,200 crore revenue potential.

Grasim Industries

The company approved issuance of Fully Paid, Unsecured, Listed, Rated, Redeemable, Rupee-denominated NCDs worth up to ?1,000 crore via private placement.

HCLTech

The company partnered with UiPath to deploy agentic automation globally, including AI labs in India and pre-configured AI agents for business processes.

Jindal Stainless

The company acquired 33.64% stake in SPV Oyster Green Hybrid One for ?79.20 crore (out of ?132 crore committed) to develop a 282 MW hybrid renewable project.

NMDC

The company reported provisional iron ore production of 4.43 MT in May 2025 (+89% YoY) and cumulative production of 8.43 MT (+45% YoY) for FY 2025-26. Sales were 4.34 MT in May (+54% YoY) and 7.94 MT cumulatively (+25% YoY).

Poonawalla Fincorp

The company approved issuance of ?300 crore unsecured, rated, listed Tier-II NCDs via private placement with ?100 crore green shoe option.

Star Cement

The company’s subsidiary, Star Smart Building Solutions, commenced commercial production of AAC Blocks at its Assam manufacturing unit.

Torrent Power

The company signed a long-term SPA with BP Singapore for up to 0.41 MMTPA LNG supply during 2027–2036 to support power and gas operations.

UPL

The company’s unit Advanta Seeds acquired temperate corn assets, hybrids pipeline, and germplasm from K-Adriatica to strengthen its European portfolio.

 

 

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