Market Updates : Adani Green Energy Ltd, Adani Power Ltd, Bharat Electronics Ltd, Premier Explosives Ltd, Websol Energy System Ltd - ARETE Securities Ltd
Market Updates
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 31 points higher at 25,910 on Friday.
Adani Green Energy
The company will invest Rs.15,000 crore in two pumped storage projects with a combined capacity of 2,700 MW in Assam.
Adani Power
The company will invest Rs.48,000 crore to set up a 3,200 MW greenfield ultra super critical thermal power plant in Assam.
Bharat Electronics
The company secured additional orders worth Rs.871 crore, including fire control systems, thermal imagers, ground support equipment, upgrades, spares, and services.
Bondada Engineering
The company received a Rs.465 crore MAHAGENCO LOA for EPC, land procurement and commissioning of 100 MWAC solar project in Maharashtra.
Coromandel International
The company signed a non-binding MoU with AP Economic Development Board for proposed Rs.2,000 crore investment supporting Andhra Pradesh industrial initiatives.
Hindustan Zinc
The company won the bid for the Tungsten and associated mineral block in Balepalyam, Kanaganapalle, Andhra Pradesh, covering 308.30 hectares.
KPI Green Energy
The company signed Rs.696 crore EPC and O&M contracts with SJVN to execute a 200 MW solar project at Khavda, strengthening presence.
Marine Electricals (India)
The company bagged orders worth Rs.75.71 crore across STT Global DC (power distribution for NMDC), UCSL (power distribution), Indian Navy (navigational radar), and Tata Projects (power distribution for Micron).
Premier Explosives
The company signed a non-binding MOU with Andhra Pradesh government to invest Rs.500 crore in a defence and aerospace manufacturing facility.
SJVN
The company’s wholly-owned subsidiary achieved commercial operation of 660 MW Unit-1 at Buxar Thermal Power Project, enhancing Bihar’s power supply and regional energy security.
Waaree Energies
The company’s subsidiary began operations at a Samakhiali-Kutch plant featuring two solar module lines with combined 1500 MW capacity.
Websol Energy System
The company signed an MoU with APEDB to explore developing a 4 GW integrated solar cell and module manufacturing facility in Andhra Pradesh.
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Daily Technical Report 17th November 2025 by Axis Securities Ltd
