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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 172 points higher at 23,581 on Tuesday.

Bharat Electronics

The company secured additional orders worth Rs.1,011 crore forcommunication equipment radar and electronic warfare systems fire controlsystems electro optic sights software solutions and related services.

Ceigall India

The company’s WOS CIPPL emerged as L1 bidder for two HAM projects inLudhiana from PIDB worth Rs.207 crore with 8-month construction and 6-yearmaintenance period.

Kalpataru Projects International

The company along with subsidiaries secured new orders worth Rs.2,471crore across metro rail, power transmission and distribution in India andoverseas and buildings and factories segments.

KPI Green Energy

The company secured Rs.979 crore sanction from Canara Bank comprising Rs.931 crore term loan and Rs.48 crore bank guarantee for its 150 MW GUVNLwind project under IPP.

Lupin

The company entered a licensing and supply agreement with Zydus Lifesciencesto co market semaglutide injection in India with semi exclusive rights underSemanext and Livarise with upfront and milestone payments to Zydus.

Mastek

The company secured a £15 million two year contract with FinancialConduct Authority for engineering and development work to support itsDigital Delivery Hub with potential two year extension.

Persistent Systems

The company partnered with NVIDIA to launch GenAI driven GenerativeMolecules and Virtual Screening solution using NVIDIA BioNeMo and NeMofor AI led drug discovery.

Puravankara

The company subsidiary Starworth Infrastructure received a Rs.280.35 croreLOI from VIT for construction of Ruby Block Phase I at Vellore campus.

Samvardhana Motherson International

The company completed acquisition of 100% stake in Yutaka Autoparts Indiamaking it a wholly owned subsidiary as part of its Yutaka Giken transaction.

Tata Steel

The board approves the merger of Neelachal Ispat Nigam with the companyand plans to invest Rs 18,488 crore in its arm, T Steel Holdings, in tranchesstarting FY27.

WeWork India Management

The company signed a lease in Bengaluru to add 2,327 desks with ?32 croreinvestment funded through internal accruals or debt.

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