Morning Glance - 9 February 2026 - ARETE Securities Ltd
The markets are expected to open marginally higher today as trends in GIFT NIFTY indicate a positive start for the broader index after NIFTY closed 50 points higher at 25,693 on Friday.
Ashoka Buildcon
The company received Rs 241.93 crore LOA from Bihar Rajya Pul Nirman Nigam for 30 months EPC construction of 2,280 meter Gandak river bridge in Muzaffarpur.
Bharat Electronics
The company secured additional orders worth Rs 581 crore comprising communication equipment radar warning receivers tank subsystems radar software upgrades spares and services.
Force Motors
The company executed an MoU to acquire 100% stake in Veera Tanneries for Rs 175 crore subject to due diligence and definitive agreements.
Mahindra & Mahindra
The company announced a Rs 15,000 crore investment to set up its largest integrated auto and tractor manufacturing facility in Nagpur Maharashtra with production starting in 2028.
Mahindra Lifespace Developers
The company announced commencement of Mitsubishi Electric India’s Rs 2,100 crore air conditioner and compressor manufacturing facility at Origins by Mahindra Chennai.
NBCC (India)
The company said the Supreme Court upheld NCLAT’s order approving NBCC to complete 16 stalled Supertech projects involving 49,748 homes with Rs 9,445 crore construction cost.
Power Finance Corporation
The company approved in-principle merger with REC after acquiring 52.63% government stake, aiming to restructure public sector NBFCs while retaining government company status.
SEPC
The company received an LOI from TCIL for smart prepaid metering in Punjab on a DBFOOT basis along with Adya Smart Metering.
Tata Chemicals
The company approved Rs 515 crore investment to set up a 210 KTPA iodised vacuum salt dried greenfield manufacturing facility at Valinokkam Tamil Nadu.
Tube Investments of India
The company entered metal injection molding through staggered acquisition of up to 87% stake in Orange Koi for up to Rs 73 crore.
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