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Prachi Mehta

18th Jun 2025 · SEBI-Registered Analyst

Stocks in news today : 18 June 2025

BHARATFORG
and French company Turgis Gaillard have signed a memorandum of understanding (MoU) to offer AAROK UAV in alignment to the Indian Ministry of Defence. AAROK is a MALE-class UAV developed to offer the best available technology at the lowest acquisition and deployment cost. Flying at high altitude and for long periods, it performs long-range surveillance missions. Its electromagnetic sensors and radar enable it to monitor the enemy while remaining stand of from the threats.
POLYCAB
has executed an agreement with BSNL as the Project Implementation Agency (PIA) for Design, Supply, Construction, installation, upgradation, operation and maintenance of middle mile network of Bharat Net in Karnataka, Goa and Puducherry Telecom Circle against Package No. 4 amounting Rs 6,447.54 crore (inclusive of GST) (Capex of Rs 3,741.92 crore, Opex for newly constructed network of Rs 2,245.15 crore and Opex for Existing Network of Rs 460.47 crore).
RAILTEL
of India has received a Letter of Intent (LOI) from Zoram Electronics Development Corporation (Zenics) for Implementation of Mizo Fibre Grid Network (MFGN) Project. Estimated size of order as per BID is Rs 43.99 crore. Trident has decided & approved to disinvest the entire shareholdings held in Trident Home Textiles (THTL), a wholly owned subsidiary of the company, to Lotus Hometextiles. An agreement for sale of equity shares has been executed on June 17, 2025 and the consideration has been received accordingly. The shares shall be transferred according to the said agreement in due course. Consequently, THTL ceased as the subsidiary of Trident with effect from June 17, 2025.

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