• Sector and Company Updates -6 June 2025

    >> Financial Services
    Banks (Private/Public/Co-operative)
    Bank Holidays: Banks are closed today and tomorrow in several states due to Bakrid.
    ndtv.com, m.economictimes.com, etnownews.com

    >> NBFCs (Retail/Wholesale)
    SK Finance: Received SEBI approval for IPO; plans to enhance financing for women entrepreneurs and electric vehicles.
    en.wikipedia.org

    >> Mutual Funds / Asset Management
    HDFC AMC: Ex-date for dividend of ₹90/share is tomorrow.

    >> Capital Markets / Brokerages
    Block Deals Surge: Significant increase in block deals during May has boosted market sentiment for IPOs and QIPs.
    financialexpress.com

    >> Manufacturing & Industrial Goods
    Packaging
    3B Films: Shares listed today on BSE SME platform; IPO was a fresh equity sale of 67.5 lakh shares.
    m.economictimes.com

    >> Tools & Machinery
    Ganga Bath Fittings: IPO ongoing; price band set at ₹46-49 per equity share.
    indiatvnews.com

    >> Infrastructure & Construction
    Railways
    Jammu–Baramulla Line: Final section inaugurated, connecting Kashmir Valley to India’s rail grid; Vande Bharat Express trains flagged off.
    en.wikipedia.org

    >> Energy & Utilities
    Renewable Energy
    Vedanta: Increased renewable energy capacity to 1.03 GW; aims for 2.5 GW by 2030.

    >> Healthcare & Pharmaceuticals
    Healthcare Services
    Medibuddy: Plans to raise $130 million in pre-IPO funding.
    startupnews.fyi

    >> Consumer & Retail
    FMCG
    ITC Hotels: Launched ‘Yura’, targeting India’s growing dessert market.

    >> Automobile & Auto Components
    OEMs
    Force Motors: Total sales up 19.1% YoY at 3,088 units.

    >> Technology & Innovation
    Cybersecurity
    QNu Labs: Focused on quantum physics to strengthen India’s cyber defense.
    yourstory.com

    >> Logistics & Supply Chain
    Transport
    Shadowfax: Selected investment banks for 2025 IPO; aims to raise ₹2,000–3,000 crore.
    moneycontrol.com

    >> Metals & Mining
    Steel
    JSW Steel: Maintained ‘Equal Weight’ rating with a target price of ₹1,000/share.
    >> Government & Regulatory
    RBI & SEBI
    Monetary Policy: RBI’s decision on repo rate is awaited; potential rate cut could bring EMIs under 7.75%.
    businesstoday.in

    >> Upcoming IPOs
    Reliance Jio: Planning IPO in Q2/Q3 2025; expected to be India’s largest public issue at around ₹40,000 crore.

    Tata Capital: Preparing for IPO to comply with RBI regulations; size around ₹15,000 crore.

    Zepto: Quick commerce platform aiming for IPO in 2025 to raise ₹7,000–8,800 crore.
    zoomnews.in

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