Stocks in News & Key Economic Updates 27th June 2025 by GEPL Capital
Stocks in News
* HCL TECHNOLOGIES: The company deepened its partnership with Salesforce to boost enterprise adoption of Agentic AI through new services.
* HITACHI ENERGY: The company secured an order to supply 765 kV transformers to Power Grid Corp, supporting national grid expansion.
* PREMIER ENERGIES: The company commissioned a 1.2 GW TOPCon solar cell manufacturing line in Hyderabad.
* HINDUSTAN COPPER: The company entered a tripartite agreement with Alankit Assignments (new RTA) and CB Management Services (previous RTA).
* ULTRATECH CEMENT: The company commissioned a second 1.8 MTPA cement grinding mill at its Madhya Pradesh unit.
* POWER MECH PROJECTS: The company received a Rs.159 crore order from Bihar State Power Generation Company to develop grid-connected solar power plants.
* SHARE INDIA SECURITIES: The company approved a Rs.41 crore investment in Master Trust by acquiring up to 27 lakh shares.
* HG INFRA: The company received a Rs.127 crore show cause notice, including interest and penalty, from the Ghaziabad GST department for FY19.
* BANSAL WIRE INDUSTRIES: The company received a show cause notice for irregular availing of Rs.890 crore Input Tax Credit during FY19.
* WESTERN CARRIERS: The company received a Rs.230 crore order from Jindal Stainless for an end-to-end EXIM rail transportation agreement.
Economic News
* India Imposes Anti-Dumping Duties to Protect Domestic Industry: India has imposed a five-year anti-dumping duty on plastic processing machines imported from China and Taiwan, following a DGTR recommendation to safeguard domestic industry, the CBIC announced. In a separate clarification, the CBIC stated that mica pearlescent pigments used in the auto sector will not attract countervailing duty, and anti-dumping duty will vary by pigment grade. Notably, anti-dumping duty on pearlescent pigments from China was already in place since November 2023.
Global News
* U.S. Q1 GDP Shrinks Amid Tariff Fears and Falling Government Spending: The U.S. economy contracted by 0.5% in Q1 2025, revised down from an earlier 0.2% estimate, as businesses accelerated imports ahead of potential Trump-era tariffs, widening the trade deficit. This decline follows a 2.4% growth in Q4 2024. Federal spending also dropped sharply by 4.6%, the steepest fall since 1986. Rising imports weighed on GDP, as they are subtracted to reflect only domestic production.
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