Prostarm Info System

July 15 (Reuters) - Prostarm Info Systems Ltd PRON.NS:

• PROSTARM INFO SYSTEMS - DELAY IN COMMENCEMENT OF COMMERCIAL PRODUCTION AT MANUFACTURING FACILITIES

Source text: ID:nBSE3LvgLl

Further company coverage: PRON.NS

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June 24 (Reuters) - Prostarm Info Systems Ltd PRON.NS:

• PROSTARM INFO SYSTEMS - DECLARED L-1 BIDDER FOR 40.3 MILLION RUPEES CONTRACT

Source text: ID:nBSEtv7k3

Further company coverage: PRON.NS

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June 23 (Reuters) - Prostarm Info Systems Ltd PRON.NS:

• PROSTARM INFO SYSTEMS LTD- DECLARED AS L-1 BIDDER FOR PROJECT WORTH 40.3 MILLION RUPEES

Source text: ID:nnAZN4T3RE2

Further company coverage: PRON.NS

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June 16 (Reuters) - Prostarm Info Systems Ltd PRON.NS:

• PROSTARM INFO SYSTEMS LTD- APPROVED STRATEGIC REALIGNMENT OF CERTAIN MANUFACTURING AND BUSINESS OPERATIONS OF CO

Source text: ID:nNSEb5phlj

Further company coverage: PRON.NS

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** Shares of Prostarm Info Systems PRON.NS rise as much as 13.2% to their highest since February 27 at 148 rupees; last up 9.3%

** UPS and inverter maker gets order worth 1.65 billion rupees ($17.80 million) from Solarium Green Energy

** Order for execution of engineering, procurement and construction works for 50 MWac solar PV power project in Maharashtra state

** YTD, PRON down about 20%

($1 = 92.6980 Indian rupees)

(Reporting by Brijesh Patel in Bengaluru)

(([email protected]; Ph no. +91 9590227221;))

April 7 (Reuters) - Prostarm Info Systems Ltd PRON.NS:

• PROSTARM INFO SYSTEMS LTD - GETS ORDER WORTH 1.65 BILLION RUPEES

Source text: ID:nBSE62dFDZ

Further company coverage: PRON.NS

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March 17 (Reuters) - Prostarm Info Systems Ltd PRON.NS:

• PROSTARM INFO SYSTEMS LTD - DECLARED L-1 BIDDER FOR ORDER WORTH 904.4 MILLION RUPEES

Source text: ID:nNSE3f7CZQ

Further company coverage: PRON.NS

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March 13 (Reuters) - Prostarm Info Systems Ltd PRON.NS:

• GETS LOA FROM SAIL FOR 67.1 MILLION RUPEES

Source text: ID:nNSE6hwlyc

Further company coverage: PRON.NS

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Feb 23 (Reuters) - Prostarm Info Systems Ltd PRON.NS:

• RECEIVES LOA FOR SOLAR POWER PLANT AT 134.3 MILLION RUPEES

Source text: ID:nNSEbrLWm8

Further company coverage: PRON.NS

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Jan 20 (Reuters) - Prostarm Info Systems Ltd PRON.NS:

• PROSTARM INFO SYSTEMS LTD - DECLARED L-1 BIDDER BY SAIL FOR SOLAR PROJECT

• PROSTARM INFO SYSTEMS LTD - TO SUPPLY 2MW SOLAR SYSTEM FOR 67.1 MILLION RUPEES

Source text: ID:nBSEdNNrT

Further company coverage: PRON.NS

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** Drugmaker Cipla's CIPL.NS stock falls as much as 4.7% to 1,367.20 rupees, lowest level since April 2025

** Last down 2.4%, top loser on Nifty 50 .NSEI, which is up 0.77%

** Tumour drug Lanreotide supply hit after partner Pharmathen's production pause; drug is major rev source for CIPL in U.S.

** Nuvama downgrades to "reduce" from "hold", cuts PT to 1,360 rupees from 1,715 rupees; says pause brings uncertainty for FY27E

** BofA Securities cuts PT to 1,420 rupees from 1,500 rupees; says co's near-term earnings, news flow could weigh on stock

** Morgan Stanley says pause creates U.S. revenue overhang; stock to underperform over next 30 days

** CIPL rated "buy" on avg by 36 analysts, median PT 1,675 rupees - LSEG data

(Reporting by Brijesh Patel in Bengaluru)

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** Co-working and workspace solutions firm Indiqube Spaces' IDIQ.NS stock rises nearly 5% to 204.05 rupees

** Co expands footprint into Odisha capital Bhubaneswar, its 17th city of operations across India

** All four analysts covering IDIQ rate it "buy"; median PT at 310 rupees - data compiled by LSEG

** Stock down 5.5% since debut in July, 2025

(Reporting by Brijesh Patel in Bengaluru)

(([email protected]; Ph no. +91 9590227221;))

Updates

** HDFC Bank HDBK.NS drops 2.4% to 977.6 rupees after co's quarterly update

** Stock is the biggest percentage loser on benchmark Nifty 50 index, which is down 0.3%

** India's top private lender posted 11.9% y/y in loan growth as of December-end on Monday, while deposits increased 11.5%

** Its loan to deposit ratio (LDR), a metric that assesses whether it has enough deposits to fund loan growth, went up by 50 bps q/q to 98.5%, Suresh Ganapathy analyst at Macquarie said

** This in contrast to the bank's target to bring it below 90% by FY27

** HDBK has said it expects to grow loans in line with the industry in FY 2026, and faster than the industry in FY 2027

** "...They will have to operate at a 95%+ LDR if they have any aspirations of maintaining their loan growth above system," Ganapathy said

** HDBK rose 12.10% in 2025 vs a 10.5% rise in Nifty 50

($1 = 90.2400 Indian rupees)

(Reporting by Brijesh Patel and Nishit Navin in Bengaluru)

(([email protected]; Ph no. +91 9590227221;))

Dec 30 (Reuters) - Prostarm Info Systems Ltd PRON.NS:

• SETTING UP NEW MANUFACTURING UNIT AT BAKROL, GUJARAT

• ESTIMATED CAPEX OF 60 MILLION RUPEES

Source text: ID:nBSE13PmWQ

Further company coverage: PRON.NS

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** Shares of Ola Electric Mobility OLAE.NS climb 4.5% to 55.11 rupees

** Electric scooter maker launched its first battery energy storage systems (BESS) solution

** Expects annual consumption for BESS to scale up to 5 gigawatt-hour in the next couple of years

** Introductory prices start at 29,999 rupees ($341.47) for a 1.5 kilowatt-hour battery; prices go up to 159,999 rupees for 9.1 KWh for the first 10,000 units

** Stock top percentage gainer on the Nifty small-cap index .NIFSMCP100, which is up 0.4%

** OLAE stock is rated "hold" on avg by 7 brokerages, median PT at 45 rupees - data compiled by LSEG

** Stock down 35.6% YTD

($1 = 87.8538 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of HCLTech HCLT.NS drop 0.9% ahead of quarterly report due later in the day

** Analysts, on avg, expect co to post Q2 consolidated revenue of 313.55 billion rupees vs 288.62 billion rupees a year ago - data compiled by LSEG

** However, analysts say Indian IT firms are set for another quarter of tepid earnings as weak global demand, steep U.S. tariffs and trade jitters weigh

** India's top IT firm TCS TCS.NS kickstarted IT earnings last week; beat quarterly revenue estimates but its plans to invest $7 bln in a 1 GW data centre sparked cautious reactions

** Analysts project better sequential revenue growth for HCLT on deals ramp-up, particularly in BSFI segment and hi-tech verticals

** HCLT among 5 stocks rated "hold" on 10-member IT index .NIFTYIT, TCS is rated "buy" - LSEG data

** As of Friday's close, HCLT down ~22% so far in 2025 vs ~18% decline in IT index

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Citi Research raises PT on India's Eternal ETEA.NS to 395 rupees from 320 rupees, implying ~16% upside to last close; keeps "buy"

** Shares of Eternal, which owns Zomato and Blinkit, rises as much as 1.5% to a record high of 346.8 rupees

** Citi says Blinkit's growth momentum "remains stellar" on user acquisition focus, continued investment in dark store expansion, adding new cities

** Sees strong rise in app traffic in Q2 for Blinkit, driven by festive season in later part of quarter

** Expects Blinkit's gross order value (GOV) to grow at 140% y/y in Q2 vs 106% for rival Swiggy's SWIG.NS Instamart

** Expects slight improvement in Zomato's food delivery growth on better traffic conversion, increase in investments

** Estimates Zomato's Q2 GOV to grow at 18%

** Eternal, Swiggy rated "buy" on avg, per data compiled by LSEG

** YTD, ETEA up 24%, SWIG down ~21%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of LTIMindtree LTIM.NS gain as much as 4.3% to 5,501 rupees, last up 0.6%

** Stock among top gainers on Nifty IT index .NIFTYIT, which was up 0.4%

** IT services company said on Monday it had won its largest-ever deal; it did not reveal name of the client and financial details

** Two sources pegged the deal size at $580 million, Reuters reported

** LTIM rated "hold" on average by 38 brokerages, same as HCLTech HCLT.NS, Tech Mahindra TEML.NS and Wipro WIPR.NS - LSEG data

** YTD, LTIM down ~5% vs ~20% decline in NIFTYIT

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Kotak Mahindra Bank KTKM.NS rise as much as 1.8% to 2,138.9 rupees, their highest level since late-July

** Last up 0.8%

** Stock among top six gainers on the blue-chip Nifty 50 .NSEI, which is up 0.3% .BO

** Private lender on Saturday said CASA deposits grew 6.2% y/y in Q2

** Total deposits grew 14.6%, as of September 30, which MS analysts see as key positive

** Citi analysts say KTKM's net advances growth at 15.8% surpassed their estimates of 14.7%

** KTKM rated "buy" on avg by 36 analysts, median PT at 2,346 rupees - data compiled by LSEG

** YTD, KTKM up about 19% vs nearly 6% rise in Nifty

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Tata Motors TAMO.NS climbs 1.9% to 677.1 rupees; top gainer on Nifty auto index .NIFTYAUTO, which is up 0.1%

** Carmaker's luxury unit Jaguar Land Rover (JLR) says some of its digital systems back online after recent cyber attack

** TAMO fell 5.3% in the past two sessions on cyber attack woes

** NIFTYAUTO only index trading in green among 16 major sub-indexes

** Tata Motors rated "hold" on avg; median PT is 720 rupees, per data compiled by LSEG

** YTD, TAMO down ~9%, NIFTYAUTO down ~15%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Tata Motors TAMO.NS fell 1.9% to 670.25 rupees, extending losses from previous session

** Stock down 4.4% in the two sessions

** Co's luxury car unit, Jaguar Land Rover (JLR), will likely bear the full cost for a damaging cyber attack - which led it to shutdown operations - costing billions of pounds in lost revenues and profit, the Financial Times reports

** Tata Motors did not immediately respond to a Reuters' request for comment

** It later extended the closure of its factories until October 1, Reuters reported earlier this week

** TAMO is the top drag on the Nifty auto index .NIFTYAUTO - down 0.5%

** Stock is the biggest percentage loser on Nifty 50 .NSEI, which was flat

** Stock rated "hold" on avg, median PT at 720 rupees - data compiled by LSEG

** Stock is down ~9% so far in 2025 vs an ~18% rise in NIFTYAUTO

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** HCLTech HCLT.NS rises as much as 1% to 1,444 rupees; last up 0.6%

** HCLT only stock in green on 10-member Nifty IT index .NIFTYIT, which is down 0.9%

** A Swedish truck and bus maker renews deal with co, signing multi-year contract for IT infrastructure, services

** No financial details disclosed

** Morgan Stanley says deal will likely aid co's total contract wins in Q2, boost confidence for HY2 FY26, build revenues on top of co's existing base

** Adds deal reaffirms co's ability to maintain scope in large deal renewals, signals improvement in co's market share

** Stock rated "hold" on avg, median PT is 1,670 rupees, per data compiled by LSEG

** YTD, HCLT falls ~25%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** India's Nifty Auto .NIFTYAUTO rises 2.1% to hit a record high, outperforms as 15 of 16 major sub-indexes trade in red

** Auto firms saw strong bookings for passenger vehicles on the first day of GST cut rollout on Monday, local media reports show

** Reuters could not immediately verify the reports

** Sales were led by Maruti Suzuki MRTI.NS and Hyundai Motor India HYUN.NS, according to the reports

** Shares of MRTI up 2.3% and HYUN jumps 1.2% on the day

** The GST cut is likely to trigger a volume-driven upcycle in the passenger vehicle industry in India, aiding sustained momentum in FY26, analysts at ICICI Direct said

** The analysts' top picks are MRTI and Mahindra MAHM.NS, which are up 1%; added that the boost in volumes "reflects pent-up demand and strategic consumer response to pricing advantages"

** Gains in the index led by MRTI, among top gainers on the Nifty 50 index .NSEI, which is down 0.3% .BO

** Most stocks on the 15-member index were trading in the green

** Year-to-date, Nifty auto was up ~20% vs a 6% rise in Nifty 50

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** UBS hikes Avenue Supermarts AVEU.NS PT to 5,600 rupees from 5,050 rupees, nearly 19% upside to last close; keeps "buy" rating

** DMart supermarket chain operator's stock up 1.4% to 4,784.7 rupees

** Brokerage cites DMart's highest discount among peers at 21%, boosting customer loyalty in middle/lower-middle income segments

** Notes value retail edge in offline stores and online platform DMart Ready after store, channel checks

** DMart opened 130 stores across India in last 3 years; UBS estimates 230-250 new outlets in next three years

** Adds, growth set to accelerate on quick-commerce foray, value retail business model

** AVEU rated "hold" by 28 analysts on avg, median PT 4,040 rupees - data compiled by LSEG

** YTD, stock up 34%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Krystal Integrated Services KRYT.NS gain as much as 6.7% to 688.7 rupees, last up 3%

** Management services co gets contract worth 1.68 billion rupees ($19.1 million) for supplying sanitation services for hospitals in Andhra Pradesh state

** Contract for a period of 3 years

** Stock down 8.2% so far in 2025

($1 = 88.0275 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Jefferies starts coverage on Indian alcoholic beverage makers, United Spirits UNSP.NS, Radico Khaitan RADC.NS and Allied Blenders ALLE.NS with "buy"

** Stocks rise between 1% and 2.5%

** Jefferies sets price target for UNSP and RADC at 1,570 rupees and 3,590 rupees, respectively; sets Street High PT on ALLE at 620 rupees

** PT on UNSP, RADC, ALLE at ~20%, 25%, ~14% premium on last close

** Brokerage says the spirits sector offers premiumization-led strong growth potential; sees double-digit revenue CAGR across firms with room for margin expansion

** RADC is top pick for Jefferies, on the back of leading EPS CAGR growth over FY25-28; adds UNSP has likely favorable risk reward, ALLE has meaningful upside underway

** Estimates 20% EBITDA CAGR for RADC, ALLE and 13% for UNSP

** UNSP, RADC, ALLE rated "buy" on avg - data compiled by LSEG

** YTD, UNSP down ~19%; RADC, ALLE up 12%, 28%, respectively

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** JP Morgan initiates coverage on Indian pipe makers Astral ASTL.NS and Supreme Industries SUPI.NS with "overweight," price targets at 1,700 rupees and 4,930 rupees, respectively

** Shares of ASTL up 2.1% to 1,470.1 rupees, SUPI climbs 2.2% to 4,448.1 rupees

** PTs at ~18%, ~13% premium on last close of ASTL and SUPI, respectively

** JP Morgan sees India pipe majors nearing demand recovery, on the back of strong real-estate construction activity, higher water infrastructure spends and favorable channel inventories

** Expects double-digit volume growth for ASTL, SUPI in FY25-28 vs an 8% rise in the broader industry

** Upbeat on ASTL's leadership position in the chlorinated polyvinyl chloride pipes - a type of thermoplastic pipes - segment; see SUPI's scale and distribution edge as a key positive

** Both stocks rated "buy" on avg, median PTs at 1,494.5 rupees, 4,490 rupees, respectively - data compiled by LSEG

** YTD, ASTL, SUPI down ~11%, ~5%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Prostarm Info Systems PRON.NS up 10% to 207.3 rupees, their biggest intraday pct-gain in about three weeks

** Energy storage firm wins Karnataka Power Transmission Corp contract to set up 150 MW/300 MWh battery storage system at rental of 254,000 rupees ($2,902.66)/MW/month

** More than 3.3 mln shares traded so far, more than 2x 30-day avg

** Stock up 72.7% since its June debut

($1 = 87.5060 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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