It depends on whether the bet will be settled or not. But keeping an eye on every movement of the shares can keep our investment safe. Here we are showing the stocks which will be in the news today and which the market will keep an eye on.
Capacity has increased by 21.8 percent. Capacity growth is expected to increase by 10-15 percent in the first quarter of FY 2025. Revenue growth in Q1 FY2025 may be similar to Q1 FY2024. Maintenance and airport charges may increase inflation. Inflation is likely to reach high single digits. There are plans to start tailor-made business on select routes. Codeshare partnerships continue to grow. Pending order book is less than 1000. 1 new aircraft will be received every week. The company is currently facing grounding of some aircraft. The company has a target of 600 aircraft by the end of this decade.
The merger of Terro and Sun Pharma has been approved by the shareholders. Shareholders approved it in the EGM held on 22 May. This approval has cleared the way for the merger of Terro Pharma and Sun Pharma. Terro will become a wholly-owned subsidiary of Sun Pharma. Terro shares will be delisted from NYSE. NYSE stands for New York Stock Exchange. Details of the merger were announced in January 2024. Customers and patients will benefit from the merger. The merger process will be completed in the next 35 days.
A joint venture has been formed with Aarti Industries. A joint venture has been formed for the manufacture and marketing of specialty chemicals. Special Chemicals Company will supply. Aarti Industries and UPL have 50-50 percent stake in the joint venture. There is a plan to start commercial supply in the first quarter of the financial year 2026-27. Annual revenue of Rs 400-500 crore is expected in the next 2-3 years.
will buy CTG's assets for $225 million. CTG stands for Communications Technology Group. CTG is a business division of Hewlett Packard.
Orders were received from AL Anwar International and Adani Group. The company has received orders worth Rs 359 crore. An order of Rs 179 crore was received from Adani Group. An order of Rs 161 crore was received from AL Anwar International.
Culver Max and Bangla Entertainment (Sony) have demanded termination fees. The company has demanded a total termination fee of $90 million.