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Indian Stocks Rally on Major Fundraises and Capacity Expansions

Market gains on June 27 reflected falling oil prices, a softer dollar alongside large corporate fundraisers fueling investor confidence

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Top stocks in news: UltraTech, HCL Tech, Hexaware, Premier Energies, Torrent Pharma, Radico Khaitan

Overview

  • NTPC will start commercial operations of its 660 MW Unit-3 at the Barh Super Thermal Power Project in Bihar from July 1, expanding Stage-I capacity to 3,300 MW.
  • UltraTech Cement commissioned a 1.8 mtpa grinding mill at its Maihar plant in Madhya Pradesh, raising its domestic grey cement capacity to 186.86 mtpa.
  • PB Fintech co-founders Yashish Dahiya and Alok Bansal divested about 1.1 percent of the company through open-market sales valued at roughly Rs 920 crore.
  • HCL Technologies and Salesforce launched new Agentforce-powered services designed to accelerate enterprise adoption of AI-driven workflows.
  • Power Mech Projects secured Rs 159 crore in contracts to set up grid-connected solar plants in Bihar under the PM-KUSUM scheme.