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2026-01-16 09:02:58 am | Source: ARETE Securities Ltd
Morning Glance - 16 January 2026 by ARETE Securities Ltd
Morning Glance - 16 January 2026 by ARETE Securities Ltd

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 66 points lower at 25,665 on Wednesday.

 

Apeejay Surrendra Park Hotels

The company launched Zone Connect by The Park in Patna with rooms, cottages, dining, spa, gym, pool and event spaces for up to 1,000 guests.

BHEL

The company commenced supply of semi-high-speed underslung traction transformers for the Vande Bharat Sleeper Train project executed by a BHEL-led consortium.

Biocon

The company concluded a Rs 4,150 crore QIP through equity issuance to fund acquisition of minority stake in Biocon Biologics and related debt repayment.

CEAT

The company approved investment up to Rs 32.33 crore to acquire 26% stakes in two CleanMax SPVs for ~59 MW hybrid wind-solar captive power projects.

Kernex Microsystems

The company received a Rs 2,465.71 crore order from Chittaranjan Locomotive Works for supply installation testing and commissioning of 3,024 KAVACH loco equipment sets.

NBCC India

The company received a Rs 55.02 crore project management consultancy order from Indian Overseas Bank for constructing its new regional office in Raipur.

Pace Digitek

The company received a Rs 375.73 crore order from Bondada Engineering for BOS works for a 300 MW AC solar project under EPC with O&M.

Prestige Estates Projects

The company launched Evergreen at Prestige Raintree Park in Whitefield Bengaluru with around 2,000 apartments and estimated GDV of Rs 5,000 crore.

RailTel

The company received a Letter of Acceptance from Central Railway for IP-MPLS network deployment with estimated order size of Rs 88.66 crore.

Tata Consultancy Services

The company completed acquisition of 100% equity in Coastal Cloud Holdings LLC, with its US and Canada subsidiaries becoming indirect subsidiaries.

Transrail Lighting

The company secured Rs 527 crore orders across MENA Africa and India in T&D and Poles and Lighting segments in the normal course of business.

Waaree Renewable Technologies

The company received an LOA for EPC of a 25MWac 35MWp ground-mount solar project with 50MW evacuation infrastructure worth Rs 102.75 crore.

Zydus Lifesciences

The company received final USFDA approval for Eltrombopag tablets across four strengths to be manufactured at its SEZ Ahmedabad formulation facility.

 

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