Stocks to keep an eye on : 14 July 2025

has received approval for the enhancement of Intermittent Bonded Ribbon (IBR) cable manufacturing capacity from around 1.73 million fiber kilometres per annum (mfkm/p.a.) to around 19.01 mfkm/p.a. at its existing facilities in Hyderabad and Goa with a total capital outlay of approximately Rs 125.55 crore. This expansion is in line with the company’s strategy to diversify its optical fiber cable product portfolio, capture high-value market segments, and drive market expansion. Industries’ promoters -- Dilip Piramal and Family have entered into a definitive agreement with the Multiples Consortium to sell up to 32% stake in the company. Upon completion of the transaction, control of the company will be transferred to Multiples Private Equity while Dilip Piramal and Family will continue to be shareholders in the Company. Developers has launched -- Suraj Aureva, a premium residential project under the Value-Luxury segment, strategically located in the highly coveted neighbourhood of Prabhadevi, Mumbai. With a projected Gross Development Value (GDV) of Rs 120 crore and a saleable carpet area of approximately 0.24 lakh square feet, this project is being developed under a capital-efficient redevelopment model, combining Regulations 33(7), 33(7)(B), and 33(12) of DCPR 2034. Suraj Aureva is a thoughtfully designed 21-storey residential tower offering well-optimized 1 BHK,2 BHK and 3 BHK homes ranging from 450 to 806 square feet RERA carpet area, with prices starting at Rs 2.47 crore. The project addresses the growing demand for premium compact homes in Prabhadevi -- a micro-market characterized by limited new supply in these configurations.