Cipla, IndusInd International Holdings, Wonderland Foods, Hero MotoCorp, Premier Energies, Welspun Enterprises, Coal India, NTPC Green Energy stocks to see action today
BusinessLine·2025-10-24 02:43

Group 1: Cipla and Eli Lilly Agreement - Cipla and Eli Lilly announced an agreement to distribute and promote Tirzepatide, a type-2 diabetes and chronic weight management drug, under the brand name Yurpeak in India [1] - Tirzepatide was initially launched in India by Lilly in March 2025 under the brand name Mounjaro [1] Group 2: IndusInd International Holdings Ltd - NCLAT has requested IndusInd International Holdings Ltd to provide a timeline for discontinuing the use of the Reliance trademark for Reliance Capital [2] - The counsel for IIHL indicated that the name change process has begun and is expected to be completed in eight weeks [2][3] Group 3: Wonderland Foods Funding - Wonderland Foods announced it will raise ₹140 crore in its first round of funding to expand its presence in India's branded dry fruits and nuts market [4] - The funding round was led by Asha Ventures and British International Investments, aimed at setting up a green processing facility and creating over 1,000 formal jobs primarily for women [4] Group 4: Hero MotoCorp UK Launch - Hero MotoCorp announced its entry into the UK market in partnership with MotoGB, introducing its Euro 5+ range including Hunk 440 [5] - This marks Hero MotoCorp's 51st international market, enhancing its presence in Europe [5] Group 5: Premier Energies Acquisition - Premier Energies has acquired a 51% stake in Transcon Industries for ₹500.3 crore, marking its entry into transformer manufacturing [6] - This acquisition is part of Premier Energies' strategy to become a fully-integrated clean energy solutions provider [6] Group 6: Welspun Enterprises GST Order - Welspun Enterprises received a GST order from the Tamil Nadu State GST Authority for FY 2018-19, totaling ₹18 crore, which includes ₹9 crore in tax demand and ₹9 crore in penalty [7] - The company plans to appeal the order, deeming the demand unjustifiable, and does not foresee any material impact on its activities [7] Group 7: Coal India SECL Projects - SECL's 12 coal mining projects are behind schedule due to delays in green clearances and land possession [8] - These delays occur despite the government's focus on boosting domestic coal production to reduce imports [8] Group 8: NTPC Green Energy Wind Power - NTPC Green Energy announced that 9.9 MW of wind power capacity has been declared commercially operational as of October 25 [9] - This capacity is part of a total installed 92.4 MW wind project located in Bhuj, Gujarat, developed by Ayana Renewable Power Four Private Ltd [9]