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2026-04-21 09:22:44 am | Source: ARETE Securities Ltd
Morning Glance - 21st April 2026 - ARETE Securities Ltd
Morning Glance - 21st 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 11 points higher at 24,364 on Monday.

Apeejay Surrendra Park Hotels

The company signed two hotel management agreements for Zone Connectby The Park properties in Ayodhya with 56 rooms and Ujjain with 64 rooms.

Godawari Power and Ispat

The company transferred 7.3 lakh shares in Ardent Steel for Rs.22.18 crore,reducing stake from 18.46% to 9.22% as part of Rs.90.87 crore divestment.

Hindustan Copper

The company outlined FY27-30 plan with Rs.7,188.60 crore capex, minecapacity expansion to 12.20 MTPA, and PAT projections reaching Rs.1,568crore by FY30.

Hyundai Motor India

The company’s holding company Hyundai Motor signed joint developmentagreement with TVS Motor to develop and commercialize electric threewheelers for India and other markets.

Interarch Building Solutions

The company secured ~Rs.80 crore domestic order for design, engineering,manufacturing, supply, and erection of pre engineered steel building systemto be executed in 6 months.

Multi Commodity Exchange of India

The company received SEBI approval to incorporate coal exchangesubsidiary with up to Rs.100 crore investment and initial 100% ownership.

Oberoi Realty

The company reported Q4FY26 bookings of 229 units (+193.6% YoY), grossbooking value of Rs.1,673 crore (+96.6% YoY) and carpet area of 3.58 lakh sqft (+160.5% YoY)

RailTel Corporation

The company received Rs.86.36 crore LoA from Municipal Corporation ofGreater Mumbai for cloud services provisioning, configuration, testing,commissioning, operations, and maintenance.

Sterling and Wilson Renewable Energy

The company secured ~Rs.3,550 crore domestic orders, including L1 EPCcontract for 875 MW solar project from Coal India and 50 MW project fromprivate IPP.

Vedanta

The company approved demerger into Vedanta Aluminium Metal, TalwandiSabo Power, Malco Energy, Vedanta Iron and Steel with 1:1 share allotmentand BALCO transfer to VAML.

 

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