IGI Logo

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 873 points higher at 23,997 on Wednesday.

ACME Solar Holdings

The company commissioned additional 4 MW wind capacity taking totalcommissioned capacity to 96 MW out of 100 MW project in Gujarat.

Cyient

The company’s semiconductor arm invested $85 million for majority stake inKinetic Technologies adding 100 plus IPs and 250 plus products acrosspower semiconductor solutions

HFCL

The company’s subsidiary HTL secured domestic OFC supply orders worth~Rs.1,366 crore from a Tier-1 customer to be executed by December 2026.

KEC International

The company secured new orders worth ?2,518 crore across civiltransportation T&D and cables including largest commercial real estateorder and TCAS project in India

Le Travenues Technology

The company partnered with Swiggy enabling ixigo Trains and ConfirmTktusers to order food from 40,000+ restaurants across 160+ stations with realtime tracking and berth delivery.

Lupin

The company received USFDA approval for Dapagliflozin and Metformin ERtablets across multiple strengths and tentative approval for 2.5 mg or 1,000mg strength.

Max Healthcare Institute

The company approved acquisition of ~58.39% stake in Kalinga Hospitaloperating 250 bed hospital in Bhubaneswar with Rs.100 crore loan $5 millionguarantee and Rs.300 crore ECB financing.

Network People Services Technologies

The company secured order from a public sector bank to deploy AI poweredRIDP platform for merchant underwriting and lifecycle risk monitoring onSaaS model

NHPC

The company received approval for Rs.26,069.50 crore 1,720 MW Kamalahydro project with 6,870 MUs annual generation and 96 month completiontimeline.

NTPC

The company’s Dadri Thermal Power Station Units 5 and 6 were upratedfrom 2×490 MW to 2×500 MW, taking total installed capacity to 89,128 MWand commercial capacity to 88,048 MW

RITES

The company received amendment to NALCO contract increasing value to Rs.118.89 crore from ?79.73 crore for railway siding PMC at Utkal-D coalmines.

Royal Orchid Hotels

The company signed agreement with Hilton to open 125 Hampton by Hiltonhotels in India across western and southern markets.

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM0000127