🗞️ Daily Business Brief – MAY 20 2025
- FII/DII Flow FIIs remained net sellers worth ₹1,597.35 crore while DIIs net bought equities worth ₹1,968.35 crore on a provisional basis.
- JK Cement receives letter of intent from Andhra Pradesh government for limestone mining.
- JK Cement shares ended at ₹5,360, down ₹69.30 or 1.28% on the BSE.
- Arvind SmartSpaces Q4 profit more than doubled; company approved ₹300 crore NCD issuance and declared ₹2.25 dividend.
- RVNL bags ₹164 crore railway signalling order from East Coast Railway.
- Core Sector Data India’s eight core industries grew 1.7% YoY in April versus 1.2% growth in March.
- Mankind Pharma expects double-digit growth in FY27, supported by expansion in chronic portfolio.
- Aditya Birla Capital to issue shares worth ₹4,000 crore at ₹356/share to promoters and investors.
- Colliers Report India may require $10–15 billion worth land parcels over five years to develop solar and wind energy projects.
- Tata Communications shares surged over 7% after appointment of Ganapathi S Lakshminarayanan as MD & CEO.
- RVNL wins ₹129 crore Varanasi-Prayagraj railway electrification project.
- Orkla India management expects continued double-digit growth driven by both pricing and volume growth.
- KEI Industries to acquire 26% stake in Solarcraft Power India 24 for ₹5.90 crore to source captive solar power in Rajasthan.
- Pace Digitek wins ₹264.65 crore BharatNet middle-mile network project from BSNL for Sikkim telecom circle.
- RBI plans $5 billion USD-INR swap auction on May 26 to boost liquidity.
- Vodafone Idea to acquire at least 26% stake in captive power SPV MTK Quantum Green Energy for ₹4.33 crore.
- HG Infra Engineering removes two Maharashtra expressway projects worth ₹4,142 crore from executable order book.
- LTIMindtree named a leader in ISG Provider Lens SAP Ecosystem 2026 report for advanced SAP Business AI capabilities.
- Adani Green Energy to develop 2,250 MW pumped storage project in Andhra Pradesh.
- Shaily Engineering Plastics announces regulatory approval and launch of customer combination product using ShailyPen Neo technology.
- KRN Heat Exchanger receives Rajasthan Investment Promotion Scheme approval for Neemrana plant; eligible for 1.40% turnover-linked incentive on ₹182.95 crore EFCI.
- Balaji Amines commences commercial production at 1,00,000 TPA Dimethyl Ether plant in Solapur; becomes India’s first DME manufacturer.
- Mankind Pharma management guided for double-digit FY27 revenue growth with EBITDA margin target of 25.5%–26.5%.
- Aditya Birla Real Estate Birla Estates achieved ₹1,007 crore sales booking at Birla Taranya project in Thane following strong customer demand.
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