Oracle Corp’s shares surged 8% in trading after a strong earnings outlook. Oracle expects cloud revenue to exceed half a trillion dollars and predicts 32-36% growth, driven by AI demand, while CEO Safra Catz highlighted Oracle Cloud’s advanced AI reasoning models, including ChatGPT and Gemini, to attract multi-billion-dollar customers and boost revenue.
Sterling & Wilson Renewable Energy Share
Sterling and Wilson Renewable Energy bagged a Rs 415 crore solar power project order in Rajasthan. The project involves 300 MW AC / 420 MWp DC solar PV along with a 220/33 kV pooling substation. The order includes operation and maintenance. The company’s gross order inflows exceeded Rs 2,400 crore this year, with a portfolio of 22.8 GWp in projects under construction and commissioned.
Kotak Mahindra BankShare
Kotak Mahindra Bank Ltd. shares gained 1% on September 10 after a block deal where Japan’s Sumitomo Mitsui likely exited its entire 1.65% stake. The 3.22 crore shares worth Rs 6,256 crore changed hands at Rs 1,941 per share.
PC JewellerShare
PC Jeweller’s Board of Directors approved the allotment of 13.61 crore equity shares to three allottees. The total amount received is ₹573.76 crore. The company’s paid-up equity share capital increased from ₹693.19 crore to ₹706.80 crore, and public shareholding increased to 61.44 percent. Unico Global Opportunities Fund, an institutional investor, participated in the conversion.
PatanjaliShare
Patanjali Foods has fixed Thursday, September 11, as the record date for a 2:1 bonus issue. Investors must own shares by today, the trading day before, to be eligible. The company expects to issue additional equity shares by capitalizing free reserves, and the bonus shares will be credited to eligible shareholders’ demat accounts after the announcement.
Sun PharmaShare
The US FDA classified Sun Pharma’s Halol manufacturing facility as “Official Action Indicated” following a June 2025 inspection due to non-compliance with current Good Manufacturing Practices (CGMP). The facility, under import alert since December 2022, faces shipment restrictions, impacting earnings and valuations.
Samvardhana MothersonShare
Samvardhana Motherson International Ltd (SAMIL) completed the acquisition of the remaining 25% stake in two Turkish subsidiaries, consolidating full ownership. The deal is part of its broader expansion strategy, aiming to achieve $108 billion in gross revenue by FY30 and double Return on Capital Employed (RoCE) to 40%.
