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2026-04-07 08:42:41 am | Source: ARETE Securities Ltd
Morning Glance - 07th April 2026 - ARETE Securities Ltd
Morning Glance - 07th April 2026 - ARETE Securities Ltd

Market Updates

The markets are expected to open marginally lower today as trendsin GIFT NIFTY indicate a negative start for the broader index afterNIFTY closed 255 points higher at 22,968 on Monday.

Apeejay Surrendra Park Hotels

The company launched three hotels Zone by The Park Darjeeling, ZoneConnect Gangtok, Zone Connect Katra expanding presence across keyleisure and spiritual destinations

Diamond Power Infrastructure

The company received LOI from Adani Electricity Mumbai for Rs.100.54 crorecable supply to be executed from April 2026 to February 2027.

Great Eastern Shipping Company

The company contracted sale of 2007-built MR tanker Jag Prakash 47,848dwt to an unaffiliated party with delivery in Q1 FY27 fleet at 40 vessels 3.20million dwt

Hi-Tech Pipes

The company reported Q4FY26 sales volume 1,47,125 MT up 27% YoY and8% QoQ while FY26 volume rose 10% to 5,32,437 MT.

Indian Energy Exchange

The company reported FY26 volume 141 BU up 17% YoY Q4 volume 39.4 BUup 24.3% YoY March 13.90 BU up 23.5% YoY with REC 187.20 lakh up 5%YoY and DAM price ?3.86 per unit down 13.7% YoY.

Jindal Steel

The company deployed coal gasification using syngas across DRI plantgalvanising colour coating furnaces and blast furnace reducing fuel importsand carbon emissions

Marine Electricals India

The company received Rs.115 crore order from Larsen & Toubro for supply,installation, testing and commissioning of LT boards and branch panels forTata Semiconductor Dholera facility to be executed over 18 months.

Smartworks Coworking Spaces

The company expanded multi city deal to 5,000+ seats across four citiesadding 1,150 seats in Navi Mumbai with expected rental revenue exceeding Rs.155 crore including Rs.51 crore Mumbai deal

Titagarh Rail Systems

The company’s subsidiary received in principle approval for shipbuildingbrownfield expansion at Falta, West Bengal with Rs.610 crore cost eligible for Rs.128.89 crore assistance.

Waaree Energies

The company’s subsidiary Sangam Solar One commissioned 4 solar modulelines of 750 MW each totaling 3,000 MW capacity at Kutch, Gujarat.

WeWork India

The company signed five long term leases adding 700,000+ sq ft acrossBengaluru, Hyderabad and Chennai with  -12,000 desks across five centres.

Wipro

The company to acquire 100% stake in Mindsprint for $375 million viasubsidiaries linked to an 8 year $1 billion Olam deal with $800 millioncommitted spend.

 

 

 

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