Morning Glance - 23rd 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 198 points lower at 24,378 on Wednesday.
ACME Solar Holdings Limited
The company operationalized cumulative BESS capacity of 2 GWh (591 MW / 2,031 MWh) in Rajasthan, and plans to scale to 10 GWh by 2027.
Ajanta Pharma Limited
The company's Paithan, Maharashtra facility concluded a US FDA inspection with 5 Form-483 observations, to which it will respond within the stipulated timeline.
Associated Alcohols & Breweries Limited
The company received NCLT approval to acquire SDF Industries Ltd., a Thrissur-based distillery-cum-bottling unit with 3.60 lakh cases IMFL capacity and 75 lakh litre ENA capacity, for Rs.30.85 crore.
Bharat Electronics Limited
The company secured orders worth Rs.569 crore at the start of FY27, spanning avionics, EW systems, laser, communication, and tank sub-systems among others.
Larsen & Toubro Limited
The company's subsidiary L&T Energy GreenTech signed a long-term take-or-pay agreement to supply 3 lakh tonnes of green ammonia per annum to Japan's ITOCHU from its proposed Kandla facility.
PNC Infratech Limited
The company emerged as L1 bidder for 2 HAM-based NHAI highway projects on NH-927 in Uttar Pradesh with an aggregate bid project cost of Rs.3,483 crore.
Premier Explosives Limited
The company received an international order for supply of defence products worth Rs.350.23 crore, to be executed over 2 years.
Sunteck Realty Limited
The company reported FY26 revenue of Rs.1,124 crore (+32% YoY), pre-sales of Rs.3,157 crore (+25% YoY), and net cash flow surplus of Rs.552 crore (+48% YoY), with net debt-to-equity at 0.06.
The Indian Hotels Company Limited
The company completed acquisition of a 51% stake in Brij Hospital Private Limited for up to Rs.222 crore, making it a subsidiary of IHCL.
Trent
The company reported Q4 FY26 revenue growth of 20% and EBITDA growth of 43% YoY, approved a 1:2 bonus issue, and operates 1,250+ stores across 321 cities with 17.7 mn sqft footprint.
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