Stock Market Highlights, June 11: Sensex, Nifty end lower as West Asia tensions weigh; IT stocks extend losing streak

Vascon Engineers: Company has secured ₹347.43 crore RBI Quarters redevelopment project in Guwahati. (Positive)

TCPL: Company eyes 20%+ ebitda margin; Growth to be driven by volumes and selective price hikes: Chandrasekaran. (Positive)

BCPL Railway Infrastructure: Company bags Rs. 13.1 crore south east central railway electrification project in Bilaspur division. (Positive)

Krystal Integrated Services: Company bags order worth Rs. 24.38 cr from the Office of Resident Commissioner, Maharashtra Sadan, New Delhi. (Positive)

Dhruv Consultancy: Company bags order worth Rs. 19.34 CR from South East Central Railway (Positive)

Vantage Knowledge Academy Ltd.: Company has entered into a Memorandum of Understanding (MOU) with Kala Institute of Management Studies and Research (KIMSR), Mumbai.. (Positive)

Univastu India Ltd: Company has secured a significant project through a joint venture where it holds a 49% stake. (Positive)

Bharti Hexacom: Company gets relief as Bombay high court sets aside Rs 473.7 crore spectrum charge demand. (Positive)

RMC Switchgears: Company outlines FY27–FY29 growth strategy; bets on EPC, electrical products and pulsebox expansion. (Positive)

Alfa Transformers Limited: Company has been awarded a significant Letter of Award (LOA) from Madhya Gujarat Vij Company Ltd for the supply of various ratings of 11 KV transformers. (Positive)

3i Infotech: Purchase Order received from Hindustan Petroleum Corporation Limited (HPCL) worth ₹37.05 crores (exclusive of applicable tax). (Positive)\u0009

Deccan Gold Mines: Company enters definitive agreement for Logrosan Tungsten Project in Spain. (Positive)

Power Companies: May 2026 power demand rose 11% YoY (Positive)

Tetime stocks: Government approves 96 Companies under round-III of Textile PLI Scheme (Positive)

PPAP Automotive: Partnership with Hutchison, a global leader in automotive sealing solutions. (Positive)

JTL Industries: Company has secured Rs. 26.7 Crore Order for GI Pipes in Himachal Pradesh (Positive)

Sobhagya Mercantile: Company bags Rs. 260.53 Cr Lift Irrigation Project in Maharashtra (Positive)

CMR Green Technologies: Goldman Sachs India Equity Portfolio bought 19.41 lk shares at price Rs. 256.64 per share. (Positive)

NCC: Sirisha Projects Promoter acquired 3.46 lk shares (Positive)

Aluminum stocks: Government Extends Anti-Dumping Duty on Aluminum Foil up to Dec 15, 2026 (Positive)

Hindalco Industries: Subsidiary Novelis successfully restarts the Oswego Hot Mill. (Positive)

Izmo: Company introduces India’s first integrated silicon photonics packaging line to address fragmented workflows. (Positive)

PNB: Bank raises FCNR(B) deposit rates to 6.10%, expects USD 2.5 billion mobilization (Neutral)

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SBIN: Bank offers up to 6% interest on FCNR (USD) deposits (Neutral)

Karur Vysya Bank: Bank raises 3-5 year FCNR(B) deposit rates by 437 bps to 7%. (Neutral)

IndiGrid Infrastructure Trust: Company announces the merger of its Special Purpose Vehicles (SPVs) – Globus Steel, IndiGrid Solar-I (AP), & IndiGrid Solar-II (AP) with Godawari Green Energy Private Limited. (Neutral)

RCOM: Company has announced that its foreign step-down subsidiary, Reliance Communications (UK) Limited, has been officially dissolved. (Neutral)

Cipla: Company wants new-age medicines to contribute 10% of revenue in five years (Neutral)

Sudarshan Pharma: Sudarshan Industries Inc. (Sudarshan USA) incorporated as a wholly-owned subsidiary on 5th June 2026 in Dover, Delaware, USA. (Neutral)

Rane Holdings’: Rane Holdings’ subsidiary enters Power Purchase Agreement with Hexa Energy for solar power procurement at its Bawal, Haryana plant. (Neutral)

Juniper Hotels: GeeCee Ventures acquired 50,000 equity shares in Juniper Hotels Ltd (JHL) at Rs. 198.27 per share. (Neutral)

Lenskart: Platinum Jasmine likely to sell 2.3% stake in company via Block Deal: CNBC. (Neutral)

REC/PFC: Government approves merger of REC with Power Fin Corp. (Neutral)

Zee Ent: Board Approves Fundraising Of Minimum ₹2,300 Cr For Strategic & Business Initiatives (Neutral)

KFin Technologies: Transitions GIFT City branch operations to subsidiary KFin Global Technologies (IFSC) Ltd. (Neutral)

IIFL Finance: Company approves allotment of $500 million fixed-rate, senior, secured notes due 2029.. (Neutral)

Biocon: Company has acquired an equity stake in Ampin C&I Power Twelve Private Limited (AMPIN), a Special Purpose Vehicle (SPV) formed for solar power generation & supply. (Neutral)

Power Grid: Board approved the upgradation of SCADA & Associated Systems at NTAMC/RTAMC for ₹485.04 Cr. (Neutral)

Time Technoplast: Company has entered into a Share Purchase Agreement (‘SPA’) to acquire a 76% stake in Systoverse Private Limited. (Neutral)

Adani Ent: Adani Airport City Limited completed the 100% acquisition of Portus Ventures Private Limited. (Neutral)

IOL Chemicals: A minor fire at its Minoxidil manufacturing unit pauses operations for 8–10 days. The fire was contained with no injuries or plant damage. (Neutral)

VMart Retail: Vineet Jain resigns as Chief Operating Officer. (Neutral)

Bank of Baroda: Bank raises its 1-month, 3-month, and 6-month MCLR by 5 basis points. (Neutral)

Canara Bank: Bank will raise its 1-month and 3-month MCLR by 5 basis points effective June 12. (Neutral)

Ease My Trip: Kurjibhai Rupareliya bought 3.58 cr shares at price Rs. 8.84 per share. (Neutral)

Circuit filter change from 10% to 5%: Cemindia, Fujiyama Power. (Neutral)

Circuit filter change from 20% to 10%: Grand Oak. (Neutral)

Bharat Wire Ropes: Company receives a notice from the Maharashtra Pollution Control Board to halt activities at its manufacturing unit in Chalisgaon. (Negative)