KNR Bags ₹4,800Cr Coal Deal, Foxconn to Invest $2.2Bn in India and US & More
- Share.Market
- 10 min read
- 25 Jun 2025
Highlights
The benchmark Nifty 50 surged to its strongest close of 2025 today, extending gains for a second consecutive session as falling oil prices and the Iran-Israel ceasefire alleviated investor concerns. All sectors closed in positive territory except the Nifty Private Bank.
Headline Indices
Sectors at a Glance
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What moved the market?
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Broader Market Performance
INDIA VIX
What Made Headlines?
KNR Constructions-led joint venture won a ₹4,800 crore five-year coal mining contract from NTPC subsidiary for the Banhardih block in Jharkhand.
RELINFRAReliance Defence secured a ₹600 crore ammunition export order from Germany’s Rheinmetall, marking one of India’s largest high-tech defence contracts, strengthening the companies’ strategic partnership.
KECKEC International secured ₹1,236 crore civil construction orders, including its largest Buildings & Factories segment contract for high-rise residential projects spanning 50+ lakh square feet in Western India.
GRASIMGrasim Industries has announced its resin manufacturing block at the Mahad plant with 22 million litres annual capacity, enabling in-house resin production for paint manufacturing.
LTTSL&T Technology Services secured a five-year, $50+ million agreement with a global energy major to provide exclusive Enterprise Data and Digital Services for sustainability and digital transformation initiatives.
What’s Happening Beyond Markets?
- India’s Defence Ministry signed ₹2,000 crore emergency contracts for counter-terrorism equipment, including drone detection systems, air defense missiles, bulletproof gear, and armored vehicles to enhance Indian Army capabilities.
- Indian scientists created a water purification system using sunlight, vibrations, and AI that removes 98.9% of harmful dyes. The biodegradable technology offers low-cost, eco-friendly water treatment.
- RBI’s working group recommended extending call money market trading hours to 7 pm and repo market hours to 4 pm to give banks more flexibility in managing their finances, while keeping current timings for government bonds and forex markets.
- Taiwanese electronics giant Foxconn received approval to invest $2.2 billion in India and the US, with $1.49 billion going toward building a new iPhone manufacturing facility in India through its Singapore subsidiary, as part of diversifying production away from China.
- The IMF expects Vietnam’s economic growth to slow to 5.4% this year from 7.09% last year due to the potential 46% US tariffs. Vietnam is negotiating with the US to avoid these tariffs, as exports to America represent 30% of its GDP.
- China’s central bank injected ₹300 billion into banks through one-year lending facilities to maintain liquidity, resulting in a net injection of ₹118 billion after accounting for maturing funds. This marks the fourth consecutive month of increased lending operations.
Back to Basics
Terms that put you one step ahead – every day.
What Is CASA Ratio?
CASA stands for Current Account and Savings Account. The CASA Ratio tells us how much of a bank’s total deposits come from these two types of accounts.
Why does this matter?
Because current and savings accounts are low-cost deposits. Banks don’t have to pay much interest on them, unlike fixed deposits, which come with higher interest rates.
So the more money a bank gets from current and savings accounts, the cheaper it is for the bank to run its business.
Let’s say a bank has ₹1,000 crore in total deposits. Out of this, ₹450 crore comes from current and savings accounts. That means its CASA ratio is 45%.
Banks with strong CASA ratios, like some top private sector banks, can offer better interest rates on loans while still keeping healthy margins.
IPO Corner: Mainboard
Upcoming IPO
| Company | Date | Total Issue Size | Issue Price | Minimum Investment |
Indogulf Cropsciences | June 26, 2025 to June 30, 2025 | ₹200.00 Cr | ₹105 to ₹111 per share | ₹14,175 |
Corporate Actions
| Stock | Ex-Date | Record Date | Event Type | Event Details |
| Allied Blenders & Distillers Ltd. | 27 Jun 2025 | 27 Jun 2025 | Final Dividend | ₹3.60 |
| Bajaj Finserv Ltd. | 27 Jun 2025 | 27 Jun 2025 | Final Dividend | ₹1.00 |
| Bajaj Holdings & Investment Ltd. | 27 Jun 2025 | 27 Jun 2025 | Final Dividend | ₹28.00 |
| CARE Ratings Ltd. | 27 Jun 2025 | 27 Jun 2025 | Final Dividend | ₹11.00 |
| Cipla Ltd. | 27 Jun 2025 | 27 Jun 2025 | Special & Final Dividend | ₹13.00 & ₹3.00 |
| HDFC Bank Ltd. | 27 Jun 2025 | 27 Jun 2025 | Dividend | ₹22.00 |
| Maharashtra Scooters Ltd. | 27 Jun 2025 | 27 Jun 2025 | Special & Final Dividend | ₹30.00 |
| Rainbow Childrens Medicare Ltd. | 27 Jun 2025 | 27 Jun 2025 | Final Dividend | ₹3.00 |
| Swaraj Engines Ltd. | 27 Jun 2025 | 27 Jun 2025 | Final Dividend | ₹104.50 |
| Syngene International Ltd. | 27 Jun 2025 | 27 Jun 2025 | Final Dividend | ₹1.25 |
| Welspun Living Ltd. | 27 Jun 2025 | 27 Jun 2025 | Final Dividend | ₹1.70 |
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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