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2026-04-17 09:02:51 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 as trends in GIFT NIFTY indicate a positive start for the broader index after NIFTY closed 34 points lower at 24,196 on Thursday.

Bharat Petroleum Corporation

The company’s subsidiary holds 26.16% effective stake in Brazil BM-SEAL-11 where consortium approved FID for SEAP I project with planned FPSO capacity 120 thousand bopd and 10 million m³ gas processing.

CESC

The company signed PPAs for 600 MW wind solar hybrid projects with Purvah Green Power 300 MW, Vismaya Renewables 100 MW, Hexa Climate 100 MW, and Sprng Energy 100 MW.

Enviro Infra Engineers

The company secured Rs.2,240 crore orders since March taking order book above Rs.4,600 crore including Rs.2,500 crore water, Rs.1,000 crore renewable, Rs.1,100 crore O&M

Marine Electricals

The company received Rs.16.90 crore orders excluding taxes from Afcons Infrastructure, Knowledge Shipyard, and Udupi Cochin Shipyard for power systems, switchboards, and diesel generator.

MosChip Technologies

The company proposed acquiring 73% stake in Vayavya Labs for Rs.245.49 crore via 60.50% cash and 39.50% share swap, with balance 27% post FY28

Pace Digitek

The company reported FY26 order inflow Rs.6,459.7 crore with ?5,814.7 crore from energy and Rs.645 crore from telecom across BOO, EPC, and supply contracts.

Rail Vikas Nigam

The company emerged L1 bidder for Rs.967.93 crore East Coast Railway EPC project for bridge construction on Bhadrak Vizianagaram section.

Shyam Metalics and Energy

The company commenced Phase II colour coated sheets production, adding 0.15 MTPA capacity, taking total installed capacity to 0.40 MTPA at Jamuria plant.

 

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