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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 775 points lower at 23,002 on Thursday.

Hindustan Construction Company

The company secured Rs.1,662.27 crore BMC contract for GMLR Phase IV via49% JV including flyovers interchanges and associated road works inMumbai.

JK Cement

The company increased Muddapur grinding capacity by 1.00 MnTPA to 4.50MnTPA taking total grey cement capacity to 32.26 MnTPA and declaredpreferred bidder for Itauri Jharkua limestone block in Panna,M.P. covering350 hectares.

Lemon Tree Hotels

The company signed a license agreement for Lemon Tree Resort in Lonavalato be managed by subsidiary Carnation Hotels with 50 rooms and amenities.

Lupin

The company through subsidiary Lupin Manufacturing Solutions expandedDabhasa facility adding new block and peptide units to strengthen CRDMOand peptide manufacturing capabilities.

Mahindra Lifespace Developers

The company launched residential phases of Mahindra Rainforest in Mumbaiwith estimated GDV of ?3000 crore through wholly owned subsidiary.

NBCC

The company said Rajasthan Cabinet revised Rajasthan Mandapam projectvalue to Rs.5,800 crore from Rs.3,700 crore and received ?319.78 crore newwork orders.

NTPC Green Energy

The company declared commercial operation of 165 MW at Khavda II SolarPV project in Gujarat taking total installed capacity to 9727.68 MW.

Patel Engineering

The company received Rs.910.08 crore LOA from HPPCL for Renukaji DamProject PKG1 to be executed over 30 months.

RailTel Corporation of India

The company received Rs.168.75 crore work order from Bihar EducationProject Council for education quality enhancement project execution acrossgovernment schools by September 2026.

TARC

The company launched Ishvara at TARC Ishva in Gurugram expandingdevelopment to over 9 acres with 518 residences and estimated GDV of Rs.3,600 crore.

Texmaco Rail & Engineering

The company received Rs.51.45 crore order from North Eastern Railway forGKC VKNR section electrification and power supply works to be executedwithin 24 months

WeWork India Management

The company entered into a Rs.475.49 crore managed office agreement withTMUS India for Hyderabad workspace across five floors with 1507workstations over 60 months.

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