AXISCADES Surges on Defense Deal, India Allocates 200th Coal Mine & More
- Share.Market
- 9 min read
- 17 Jun 2025
Highlights
Indian equity markets turned negative after a positive start, following US President Trump’s warning against Iran amid ongoing conflict. All sectors closed in red except Nifty IT.
Headline Indices
Sectors at a Glance
*Prices shown may have delay up-to 15 minutes
What moved the market?
*Prices shown may have delay up-to 15 minutes
Broader Market Performance
INDIA VIX
Put Call Ratio of Nifty 50 (expiry: 19th Jun) is 0.83
What Made Headlines?
AXISCADESIndra (European defence company) and AXISCADES Technologies signed a strategic defense partnership at the Paris Air Show to boost cutting-edge systems production in India, exploring joint product development for Indian and global markets.
CGPOWERCG Power secured its largest order worth ₹641 crores from Power Grid Corporation of India for 765kV transformers, strengthening its position as a global transformer manufacturer.
SIEMENSInfracon, Siemens Limited, and Siemens Mobility won a ₹4,100 crore contract for India’s first high-speed rail project. Siemens’ ₹1,230 crore share covers signaling systems with 15-year maintenance over 54 months.
GODREJPROPGodrej Properties acquired 16 acres in Upper Kharadi, Pune, for premium housing and retail with ₹3,100 crore revenue potential. This is their second Kharadi acquisition this month, totaling ₹7,300 crore in potential.
What’s Happening Beyond Our Markets?
- India’s Coal Ministry allocated its 200th coal mine to a private company, marking progress in opening up the coal sector to private players and reducing reliance on coal imports.
- India’s 12% safeguard duty on five steel categories may halt imports and force buyers to switch to domestic suppliers, potentially raising prices 8-10% and hurting MSMEs, warns think tank Global Trade Research Initiative (GTRI).
- Central banks plan to increase gold purchases this year and reduce US dollar reserves over five years due to geopolitical tensions, with gold now surpassing the euro as the world’s second-largest reserve asset, says the World Gold Council.
- Japan and the US failed to reach a tariff agreement during G7 talks, with Japan seeking to avoid 25% car tariffs and 24% on other imports. Leaders agreed to continue negotiations beyond the July 9 deadline.
- US President Trump and UK PM Starmer signed a trade deal at the G7, reducing tariffs on British cars to 10% and removing aerospace tariffs, while working toward a broader agreement.
Back to Basics
Terms that put you one step ahead – every day.
What Is a Bonus Issue?
A bonus issue is when companies give you extra shares without asking for any money.
If you own 100 shares of a company and they announce a 1:1 bonus, you now own 200 shares.
But wait, where’s the catch? The stock price adjusts proportionally. Your total investment value stays the same, but you own more pieces of the pie.
Why do companies do this?
To make shares more affordable and increase liquidity.
A ₹2000 stock becomes ₹1000 after a 1:1 bonus, attracting more retail investors. It’s also a way to reward loyal shareholders and signal confidence in the company’s future.
Bonus issues don’t create wealth instantly, but they can improve trading activity.
IPO Corner: Mainboard
Upcoming IPO
| Company | Date | Issue Price | Minimum Investment |
| Arisinfra Solutions | June 18, 2025 to June 20, 2025 | ₹210 to ₹222 per share | ₹14,070 |
Corporate Actions
| Stock | Ex-Date | Record Date | Event Type | Event Details |
| Tata Communications Ltd. | 19 Jun 2025 | 19 Jun 2025 | Final Dividend | ₹25.00 |
| Tejas Networks Ltd. | 19 Jun 2025 | 19 Jun 2025 | Final Dividend | ₹2.50 |
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back tomorrow to cut through the noise, so you can focus on investing intelligently.
Disclaimer and Disclosure
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