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PRE MARKET
GIFT Nifty indicates a muted opening for the broader index in India. The Nifty futures were trading flat at the 24,789 level.
The US markets were shut on Thursday for the observance of Juneteenth 2025 National Independence Day.
Asian markets traded mostly higher as investors assessed China’s data and monitored escalating tensions between Israel and Iran.
Japan’s Nikkei and the Taiwanese weighted index dropped 0.16 and 0.58 percent, respectively. went up 0.96 percent, KOSPI Index also went up 0.59 percent, while Hong Kong’s Hang Seng Index went up 0.48 percent, and the KOSPI index also went up 1.08 percent.
STOCKS TODAY
Kaynes Technology India
The company has launched its Qualified Institutional Placement (QIP) on June 19, with a floor price of Rs 5,625.75 per share. The company is likely to raise up to Rs 1,600 crore via the QIP.
GMM Pfaudler
The company’s subsidiary, Pfaudler Normag Systems GmbH, Germany, has entered into a contract with a European-based customer for the design, engineering, and supply of complete end-to-end acid recovery equipment and systems. The value of the contract is 33.2 million euros (approximately Rs 330 crore).
Natco Pharma
After the conclusion of the inspection, the US Food and Drug Administration (FDA) issued seven observations in Form 483 for the company’s pharma division in Kothur, Hyderabad. The inspection was conducted from June 9–19. The company will address the observations within the stipulated timeline.
Brigade Enterprises
Brigade Group’s managed workspace brand, BuzzWorks, has expanded its presence in Hyderabad by signing a deal with Infor India for a 24,000 sq ft workspace at Auro Orbit, HITEC City. This supports BuzzWorks’ broader plan to reach 1 million sq ft of managed workspace across its portfolio by the end of FY2026.
JSW Infrastructure
The company’s subsidiary, Jaigarh Port, has signed a binding MoU with Konkan Railway Corporation to provide a refundable and non-lapsable security deposit for the construction and development of the Bhoke Railway Siding project in Ratnagiri on the Konkan Railway route. The project will establish railway access to Jaigarh Port, enabling the movement of various cargo types.
Source – Moneycontrol