Today’s top morning headlines - 6th June 2024

Good afternoon

Top gainer: Shriram Finance 2,490 ▲ 103 (+4.3%)
Top loser: Hero MotoCorp 5,506 ▼ 152 (-2.6%)

:star: BHEL bags ₹3,500 crore order from Adani Power for Chhattisgarh thermal plant, shares up 13%
Shares of BHEL were trading 13.1% higher at ₹289 on the NSE after it secured an order worth more than ₹3,500 crore from Adani Power Limited (APL) for setting up the 2x800 megawatt (MW) thermal power plant (TPP) at Chhattisgarh’s Raipur. Read more.

:star: IEX reports 29% jump in May volumes at 10,633 million units, shares rally over 6%
Indian Energy Exchange achieved a monthly overall volume of 10,633 million units (MU) in May 2024, registering a 28.9% year-over-year (YoY) increase. Electricity volumes rose 21% YoY to 9,568 MU during the month while renewable energy certificates (REC) rose 640.3% YoY to 1,055 MU. Read more.

:star: Aimtron Electronics IPO opens strong with 50% premium listing on NSE SME platform
Aimtron Electronics Ltd, a leading SME that provides electronic design and manufacturing services, made a strong debut on the stock exchanges on June 6, with the shares listing at a nearly 50% premium on the NSE Emerge platform. The Aimtron Electronics stock opened the session at ₹241, up 49.7% from its initial public offering (IPO) size of ₹161. Read more.