Buzzing Stocks: Anthem Bio, Bosch Home Comfort gain on stake sale; Kirloskar Ferrous surges 11% on export order win

About this update from Kirloskar Ferrous Industries Ltd.

Several stocks are likely to remain in focus on June 18 amid stake sales, order wins and corporate developments.Anthem Biosciences gained nearly 4 percent after sources indicated that the promoter group is likely to offload up to a 3.05 percent stake through block deals. The floor price for the transaction has reportedly been set at ₹715 per share.Kirloskar Ferrous Industries surged 11 percent after securing an export order worth $13.51 million for the supply of 30,000 (±5 percent) metric tonnes of basic grade pig iron on an FOB basis, backed by a sight letter of credit.HFCL rose 2 percent after receiving a ₹2,666.09-crore contract from Rail Vikas Nigam (RVNL) for the BharatNet Phase-III project in Uttar Pradesh.Rail Vikas Nigam advanced nearly 1 percent after receiving a Letter of Acceptance from East Coast Railway for the construction of bridges for the third and fourth railway lines between Nergundi–Barang and Khurda Road–Vizianagaram on the Bhadrak–Vizianagaram section. The EPC-mode project is valued at ₹967.92 crore.Bosch Home Comfort gained 2 percent after promoter Bosch Global Software Technologies announced plans to sell up to a 7.97 percent stake, or 21.7 lakh shares, through an offer-for-sale on June 18-19. The issue includes a greenshoe option of 0.75 percent, with the floor price fixed at ₹1,150 per share.Overall, stock-specific action is expected to remain robust as investors react to stake sales, order wins and other corporate developments, keeping these counters in focus during the trading session.

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