2 hrs ago

Indian Stocks in Focus as Deals, Orders and Results Emerge

This report lists companies that investors may watch in the stock market.

GIFT Nifty, an indicator of market sentiment, was down 81 points.

Varmora Granito is scheduled to begin trading after raising Rs 708 crore from investors.

Some investors may sell shares in Honasa Consumer and units in Cube Highways Trust.

HCL Technologies plans to buy a company called Robotiq.ai.

ITC completed a purchase of Sproutlife Foods for Rs 645 crore.

Several companies received large orders, including NCC, Ellenbarrie Industrial Gases and Vikram Solar.

Prasol Chemicals and Rays of Belief reported stronger profits or revenue for the June 2026 quarter.

Key facts

GIFT Nifty: Down 81 points.
Varmora Granito issue: Raised Rs 708 crore at Rs 148 per share; the issue was subscribed 1.60 times.
Honasa Consumer stake sale: Certain investors may sell a 2.73 per cent stake for an estimated Rs 400 crore, with a reported floor price of Rs 450 per share.
ITC acquisition: Completed the acquisition of 100 per cent of Sproutlife Foods for Rs 645 crore.
IRFC financing: Signed a Rs 4,200 crore term loan agreement with Damodar Valley Corporation for renewable-energy projects.
Prasol Chemicals results: Net profit rose 151 per cent year over year to Rs 61.02 crore, while revenue increased 36 per cent to Rs 433.65 crore.
Zydus Lifesciences inspection: A USFDA inspection of its Ahmedabad plant ended with one observation and no data-integrity-related observations.

businesstoday.in · 5 hrs ago