Raymond Limited witnessed a surge in its stock price to a record high on June 10 after its real estate arm was chosen as the “preferred developer” for the redevelopment of MIG VI CHS Ltd in Mumbai’s Bandra East area, as announced by the company on June 8.

Textiles firm Mafatlal Industries witnessed a 15% surge in its stock price on June 15 following the announcement of an agreement with the Defence Research and Development Organisation (DRDO) and the defence ministry. The deal involves the production and sale of anti-microbial bed sheets.

Heritage Foods shares, spearheaded by TDP leader Nara Chandrababu Naidu’s family, have witnessed an exceptional surge in market performance, with the share price hitting the upper circuit by 10 percent consistently over the past six trading sessions. This remarkable ascent over the span of a month has propelled the FMCG stock to remarkable heights, with its price soaring from ₹346 to ₹727.35 per share on the NSE, marking a staggering 100 percent increase.

Shares of Godawari Power and Ispat surged nearly 12 percent, reaching a record high of Rs 1,088.65 on June 10, following the company’s announcement of plans to consider a share buyback at its upcoming board meeting on June 15.

The Turkish Competition Authority announced on Monday that it had imposed a fine of approximately 482 million lira, which is equivalent to $14.85 million, on Google. This penalty was levied due to Google’s failure to meet its obligations concerning hotel searches.

Magenta Lifecare IPO Allotment Update: With an overwhelming response from investors during the bidding period from June 5 to June 7, all eyes are now on the allotment process for Magenta Lifecare. The allotment for the Magenta Lifecare IPO is expected to be finalized today.