Hiliks, VA Tech Wabag Win Big; FIIs Buy F&O
By Sivam
Hiliks Technologies surges 9% on a Rs 95.51 crore subcontract. VA Tech Wabag secures a major Kuwait project. FIIs show strong buying in derivatives.
Corporate Deals Drive Market Action
Hiliks Technologies shares surged over 9% today after securing a significant subcontract, while VA Tech Wabag announced a major project in Kuwait, marking key corporate developments.
- Hiliks Technologies saw its shares climb 9.30% to Rs 59.00. The company bagged a subcontract order worth Rs 95.51 crore, slated for execution within 24 months.
- VA Tech Wabag is expanding its operations in Kuwait with a ‘Mega’ SWRO Project, breaking new ground in the region.
- Jubilant Pharmova confirmed the completion of a USFDA inspection at its Jubilant HollisterStier LLC (‘JHS’) CMO business facility in Spokane, Washington, U.S.A.
Anik Industries Reports Loss, FIIs Show Buying Interest
On the earnings front, Anik Industries faced a net loss, while Foreign Institutional Investors (FIIs) demonstrated strong buying activity in the derivatives segment.
- Anik Industries reported a net loss of Rs -5.36 million for the quarter ended March 2026, a significant drop from a net profit of Rs 7.93 million in March 2025.
- Quarterly sales for Anik Industries declined by 83.51%, falling to Rs 80.39 million from Rs 487.43 million year-on-year.
- FIIs were net buyers of Rs 6353.97 crore in the index futures and options segments on June 18. This included net buying of Rs 508.47 crore in index futures and Rs 5845.50 crore in index options.
- The total Futures & Options (F&O) turnover for June 18 stood at a massive Rs 83,75,732.09 crore.