Stocks in News

• Afcons Infrastructure selected as lowest bidder for a Europe project worth ₹7,544 crore. • Muthoot Microfin got SEBI approval exempting Muthoot Family Trusts from making an open offer for acquisition. • Hindustan Aeronautics Limited (HAL) received government approval for CMD to take additional charge as Director (Operations). •

got relief as a ₹182 crore tax demand was fully cancelled by Chennai tax authorities. • Graphite India increased stake in Graftech from 6.82% to 9.79%. • signed a long-term supply deal with Embraer for landing gear forgings. • secured export orders worth ₹184 crore. • Vodafone Idea denied reports related to stake sale talks. • raised MCLR by 5 basis points across all loan tenures. • Syrma SGS Technology cancelled K-Solare acquisition and joint venture plans. • Adani Ports and Special Economic Zone appointed Neeraj Bansal as CEO – Ports. • Maruti Suzuki India’s CCI case hearing postponed until 25 May. • HG Infra Engineering won a Maharashtra road project worth ₹3,931 crore. • TeamLease Services board to consider share buyback on 20 May. • United Spirits revised RCB stake sale agreement; deal value remains ₹16,660 crore. • CarTrade Tech reported 50%+ EBITDA growth for 12 consecutive quarters. • BLS International Services got approval to strike off subsidiary Reired BLS. • Prime Focus continues to get interim relief from NCLAT in insolvency matter. • Gabriel India got NCLT Mumbai approval for restructuring plan. • Somany Ceramics called creditors’ meeting on 13 June for merger discussions. • ACME Solar Holdings formed a new subsidiary and started BESS projects in Rajasthan. • Easy Trip Planners postponed board meeting on fundraising to 13 May. • NHPC Limited reduced stake in Chenab Valley Power Projects to 50.86%. • Voltas won Qatar appeal, securing ₹425 crore payment, ₹104 crore compensation, and return of ₹433 crore bank guarantees.