Morning Glance - 24th March 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 601 points lower at 22,512 on Monday.
Adani Green Energy
The company operationalized 510.1 MW renewable power projects atKhavda Gujarat increasing total operational capacity to 17,982.3 MW.
Birla Corporation
The company commissioned a third production line at its Kundanganj unitincreasing capacityby 1.4 million ton to 21.4 million ton with Rs.300 crore investment.
Bosch
The company entered a 50:50 joint venture with Tata Autocomp Systems tomanufacture eAxles and electric motors in India with operations planned bymid 2026.
Coal India
The company approved divestment of up to 25% stake in MahanadiCoalfields via OFS or IPO, Rs.3,160 crore corporate guarantee for CRAUL solarproject and incorporation of a wholly owned Singapore IHC to pursueoverseas critical mineral acquisitions.
G R Infraprojects
The company received ?2440.87 crore LOA from NHAI for 4 lane NH 33Mokama to Munger project in Bihar on HAM with 910 day completionperiod.
Hindustan Foods
The company entered a BTA to acquire Ultra Beauty Care manufacturingbusiness at Aurangabad on a slump sale basis with completion expected inQ1 FY27.
NBCC
The company received work order worth ?58.61 crore from MaharajaSriram Chandra Bhanja Deo University for project management consultancy.
Samvardhana Motherson International
The company revised completion timelines with 28.15% stake acquisition inHR Dhauliganga expected in Q1 FY27 and MTSL becoming wholly ownedsubsidiary by Q2 FY27.
SEPC
The company approved acquisition of 90% stake in Avenir InternationalEngineers Abu Dhabi for ?1530 crore via share swap subject to approvals.
Vintage Coffee and Beverages
The company commenced commercial production of additional 4,500 MTPAsoluble coffee capacity under brownfield expansion increasing total capacityfrom 6,500 MTPA to 11,000 MTPA funded through internal accruals.
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