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2026-01-12 09:06:27 am | Source: ARETE Securities Ltd
Markets may open lower; stocks in focus include Tata Power, NBCC, Waaree, Fortis - ARETE Securities Ltd
Markets may open lower; stocks in focus include Tata Power, NBCC, Waaree, Fortis - ARETE Securities Ltd

The markets are expected to open marginally lower today as trends in GIFT NIFTY indicate a negative start for the broader index after NIFTY closed 193 points lower at 25,683 on Friday.

Ceigall India

The company acquired 100% equity in Velgaon Power Transmission from REC Power Development making it a wholly owned subsidiary for Rs.1.89 crore.

Fortis Healthcare

The company’s wholly owned subsidiary completed the acquisition of TMI Healthcare Private Limited and the underlying hospital land and building.

Lemon Tree Hotels

The company approved a composite reorganisation involving amalgamation and demerger of subsidiaries and investor-backed capital support in its asset platform up to Rs.960 crore.

Lloyds Engineering Works

The company entered a purchase and licensing agreement with US-based The Material Works to design manufacture and sell EPS Gen 4 cells globally excluding specified regions.

NBCC

The company established a branch office in Dubai Mainland to undertake project management services through NBCC India Limited Dubai Branch.

NIIT Learning Systems

The company acquired SweetRush Inc through its US subsidiary for up to $26 million to expand learning solutions and near-shore delivery in the Americas.

PTC Industries

The company’s subsidiary Aerolloy Technologies received a development and supply order from Blue Origin to manufacture Superalloy investment castings for BE-4 rocket engines.

Ravindra Energy

The company received 13 LOAs from HESCOM to develop and operate 62 MW AC solar projects in Karnataka with estimated capex of Rs.225 crore.

Saatvik Green Energy

The company’s material subsidiary received and accepted Rs.13.80 crore order for supply of solar PV modules from domestic IPP EPC players.

Tata Power

The company commissioned a 400/220 kV transmission line and substation at Greater Noida adding 1,000 MVA capacity to Uttar Pradesh and Northern Grid.

Texmaco Rail & Engineering

The company received an order worth Rs.2.96 crore from East Coast Railways to set up a bird prevention system in KUR Division.

Waaree Energies

The company received an order to supply 105 MW solar modules to a domestic renewable power developer in India.

 

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