Morning Glance - 09th March 2026 - ARETE Securities Ltd
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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 315 points lower at 24,450 on Friday.
ACME Solar Holdings
The company commissioned 33.335 MW or 160.48 MWh first phase of its300 MW or 1400 MWh BESS project in Rajasthan through subsidiary ACMESun Power.
Gujarat Narmada Valley Fertilizers & Chemicals
The company said RLNG allocation from GAIL has been restricted to 60% ofdaily contracted quantity due to force majeure by Petronet LNG, impactingNeem Urea production.
HCL Technologies
The company completed acquisition of 100% stake in Singapore basedFinergic Solutions through its wholly owned subsidiary HCL Singapore.
H.G. Infra Engineering
The company’s subsidiary H.G. Bahuvan Jagarnathpur Highway receivedfinancial closure for a Rs.763.11 crore HAM project to upgrade 63.84 km NH227B in Uttar Pradesh.
Keystone Realtors
The company through subsidiary Keymidtown Developers signeddevelopment and construction agreements with MHADA and GTB Nagarsocieties for Sion redevelopment project with estimated GDV of Rs.4,521 crore.
KPI Green Energy
The company’s subsidiary Sun Drops Energia executed a BESPA with GUVNLto develop 445 MW or 890 MWh IPP standalone BESS projects acrossmultiple locations in Gujarat.
Kwality Wall’s India
The company reported Q3 revenue Rs.222 crore with organic sales growth -6.5%, volume growth 1.2% and EBITDA loss Rs.64.2 crore.
Max Estates
The company secured RERA approval for Max One mixed use project inNoida spanning about 10 acres with about 2.5 million sq ft potential, Rs.2,000crore sales potential and Rs.120 crore annuity rental income potential.
RailTel Corporation of India
The company received a Rs.26.73 crore LoA from South East Central Railwayfor supply transportation trenching laying and termination of OFC.
Ramkrishna Forgings
The company commenced commercial production of an 8000 ton hotforging press line at its Jharkhand Plant V adding 40,000 TPA capacity takingtotal forging capacity to 3,11,400 TPA.
Reliance Industries
The company’s subsidiary Reliance Consumer Products signed an MoU withFinland based Fazer to produce market and distribute Fazer brandedpremium chocolates in India
RITES
The company received a Rs.45.19 crore PMC consultancy order from PublicWorks Roads Directorate WB for a four lane Muriganga bridge and a revised Rs.729.28 crore railway electrification project cost from South Western Railway.
Vardhman Textiles
The company commenced commercial production from the new processingline at Vardhman Fabrics Budhni expanding processed fabric capacity byabout 31 million meters per annum.
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