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2026-04-16 09:05:31 am | Source: ARETE Securities Ltd
Morning Glance - 16th April 2026 - ARETE Securities Ltd
Morning Glance - 16th April 2026 - ARETE Securities Ltd

Market Updates

The markets are expected to open marginally higher today astrends in GIFT NIFTY indicate a positive start for the broader indexafter NIFTY closed 388 points higher at 24,231 on Wednesday.

Brigade Enterprises

The company signed JDA for 8.63 acres in East Bengaluru, enabling 39-acreresidential township development with estimated GDV of Rs.7,200 crore.

CG Power and Industrial Solutions

The company’s subsidiary Axiro Semiconductor invested in EdgeCortix toadvance next-generation edge AI platforms, including SAKURA X chipletbased platform.

Clean Max Enviro Energy Solutions

The company partnered with Sangam India for 30 MWp solar, 20 MW wind,and 2 MWh BESS hybrid renewable project, supplying power across fivefacilities in Rajasthan.

Container Corporation of India

The company placed ?175.36 crore order with Braithwaite for manufactureand supply of 9 BLSS spine car rakes on turnkey basis.

Diamond Power Infrastructure

The company received Rs.45.47 crore letter of intent from Adani ElectricityMumbai for supply of cables to be executed from May 2026 to May 2027.

EaseMyTrip

The company signed MoUs with AGK Corretora de Câmbio, Neo Sector,AMVALE, DATAGRO, X3 Brazil, and Lummio Technologia to expandcorporate travel presence in Brazil.

GAIL

The company approved Rs.3,800 crore investment to set up 700 MW solarprojects with BESS, including 600 MW in UP and 100 MW in Maharashtra forcaptive use.

GMR Airports

The company reported Q4 passenger traffic of 3.18 crore up 0.9% YoY,March traffic at 1.04 crore down 1.5% YoY, and FY26 traffic at 12.1 crore up0.9% YoY.

John Cockerill India

The company received Rs.300 crore order from JSW Steel Coated Products fordesign, manufacturing, supply, and commissioning of continuous galvanizing line.

Marine Electricals

The company operationalised Vadodara plant at GIDC Savli with 51,000 sq ftleased facility, adding 25% assembly shopfloor capacity.

SAMHI Hotels

The company, through its wholly owned subsidiary, signed an agreementwith Ingka Centres India to lease and develop a ~162-room upscale hotel ina mixed-use project in Noida under a long-term variable lease model.

 

 

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