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2026-04-22 09:07:44 am | Source: ARETE Securities Ltd
Morning Glance - 22nd April 2026 - ARETE Securities Ltd
Morning Glance - 22nd April 2026 - ARETE Securities Ltd

Market Updates

The markets are expected to open marginally lower today as trends in GIFT NIFTY indicate a negative start for the broader index after NIFTY closed 221 points higher at 24,576 on Tuesday.

BEML

The company has secured an order from Ministry of Defence for supply of Trawl Assemblies with contract value of Rs. 590 crores approximately.

City Union Bank

The bank has expanded its network by opening two new branches in Rajasthan and Gujarat, taking its total branch count to 973.

Clean Max Enviro Energy Solutions

The company has announced supply of renewable power through hybrid wind–solar projects (~30 MW combined capacity) to Shell India’s LNG terminal at Hazira and technology centre in Bengaluru.

OneSource Specialty Pharma

The company has announced its partner has secured tentative U.S. FDA ANDA approval for generic version of Ozempic® (Semaglutide Injection), with OneSource acting as CDMO partner.

PNC Infratech

The company has emerged as L1 bidder for 2 HAM based National Highway Projects with aggregate BPC of Rs. 3483.00 crores.

Prestige Estates Projects

The company has announced that Prestige Golden Grove project achieved sales of over 1,700 units with total sales value exceeding Rs.2,500 crore within two weeks of launch.

Saatvik Green Energy

The company has received and accepted order aggregating to INR 71.25 Crores for supply of Solar PV Modules by its material subsidiary.

Shakti Pumps

The company invested Rs.10 crore in wholly owned subsidiary Shakti EV Mobility via 1 crore equity shares taking total investment to Rs.65 crore.

Stanley Lifestyles

The company launched three stores in Bengaluru including two Sofas and More outlets and one Hilker India store with total retail area of 28,000 sq ft.

The Indian Hotels Company

The company has completed acquisition of 51% share capital in Brij Hospital Private Limited for total investment of up to Rs.222 crores.

Transrail Lighting

The company has informed total installed capacity increased from 84,000 MTPA to 1,72,400 MTPA, with greenfield expansion completed and commercial production commenced.

 

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