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2025-06-16 08:32:26 am | Source: ARETE Securities Ltd
Stock Insights : ACME Solar Holdings Ltd , Adani Enterprises Ltd , Arkade Developers Ltd , Birla Corporation Ltd , HBL Engineering Ltd , IOL Chemicals Ltd - ARETE Securities Ltd
 Stock Insights : ACME Solar Holdings Ltd , Adani Enterprises Ltd , Arkade Developers Ltd , Birla Corporation Ltd , HBL Engineering Ltd , IOL Chemicals Ltd - ARETE Securities Ltd

The markets are expected to open marginally higher today as trends in GIFT NIFTY indicate a positive start for the broader index after NIFTY closed 169 points lower at 24,718 on Friday.

ACME Solar Holdings

The company’s subsidiary ACME Pokhran Solar commissioned an additional 19.8 MW wind capacity at Shapar, taking the total commissioned to 46.2 MW.

Adani Enterprises

The company’s step-down arm Agneya Systems incorporated 100% subsidiary Astraan Defence to manufacture propellants, explosives and ammunition in India.

Arkade Developers

The company acquired 6.28-acre land in Thane for ?172.48 crore to develop a mixed-use project with ?2,000 crore GDV, launching in FY26.

Birla Corporation

The company was declared preferred bidder for Gourum Khan Ki Dhani (South) limestone block in Jaisalmer over 499.64 hectares at 20.60% bid.

HBL Engineering

The company received ?132.95 crore order from South Central Railway for Kavach across 48 stations covering 446 Kms of track and 10 locomotives in Vijayawada—Ballarshah section.

IOL Chemicals

The company’s product Acetic Anhydride received REACH certification, enabling exports to all European Union countries.

ITC

The company acquired 100% stake in Sresta Natural Bioproducts for ?400 crore plus ?72.5 crore over 24 months making it a wholly owned subsidiary.

NTPC

The company and Maharashtra State Power Gen. Co. received LoI as successful resolution applicants to acquire 1,350 MW Sinnar Thermal Power (5×270 MW).

RPP Infra Projects

The company received ?282.88 crore order from UPSIDA for industrial area development at Bharapachpera, Pilibhit, to be completed in 18 months.

Valor Estate

The company received NCLT approval for merger with Esteem Properties and demerger into Advent Hotels.

 

 

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