Key corporate actions across the power, manufacturing, and infrastructure sectors drew market attention on Monday. Several big companies were in the spotlight following fresh updates, BHEL, Asian Paints, Tata Steel, and NLC India stood out.
Stocks to focus on June 30
BHEL
BHEL received an order from Adani Power to supply equipment and oversee the operation of six thermal power units, each with a capacity of 800 MW.
Asian Paints
Asian Paints acquired the remaining 40% stake in Obgenix Software, owner of the White Teak brand, for Rs. 188 crores in cash.
Tata Steel
Tata Steel received a GST demand notice exceeding Rs. 1,000 crore for allegedly claiming wrongful input tax credit claims from FY19 to FY23.
Adani Enterprises
The U.S. SEC informed a New York court that it is still in the process of serving legal documents to Gautam and Sagar Adani.
NLC India
NTPC awarded NLC India a contract to develop a 450 MW wind-solar hybrid power project linked to the Interstate Transmission System.
