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Prachi Mehta

3rd Jun 2025 · SEBI-Registered Analyst

stocks to watch today : 3 June 2025

Ladderup Finance’s subsidiary -- Ladderup Asset Managers has incorporated a new Subsidiary in Gift City, Ahmedabad by the name Ladderup Fund Management IFSC. Consequent to the incorporation, Ladderup Fund Management IFSC has become a Step-Down Subsidiary of the Company.

ESCORTS
Kubota’s construction equipment business division in May 2025 has sold 321 machines, down by 29.9% as against 458 machines sold in May 2024. The construction equipment market is facing challenges due to price escalation caused by changes in emission norms, an early monsoon, and delay in infrastructure projects deployment. However, it expects demand to gradually increase in the latter half of the fiscal year. Nitin Spinners has received approval for execution of power supply agreement & share purchase agreement (SPA) with CGE ll Hybrid Energy. CGE ll Hybrid Energy is subsidiary of Continuum Green Energy and it is newly formed SPA to carry on the business of power generation, distribution, transmission and supply of renewable power in the state of Rajasthan. The investment committee of Board of Directors of the company in its meeting held on June 02, 2025 has approved the same.
SHREECEM
has inked a five-year Memorandum of Understanding (MoU) with RITES to bolster the company’s rail infrastructure network, enabling efficient and sustainable transportation of raw materials and finished goods across its manufacturing units. Under the terms of the agreement, RITES will provide end-to-end services from concept to commissioning - for upgrading, renovating, and establishing new rail connectivity.

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