Morning Glance 06th July 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 95 points higher at 24,271 on Friday.
Bluspring Enterprises
The company’s step-down subsidiary, STEAG Energy Services India, secured a Rs1,437.17 crore operations and maintenance contract from Vedanta Aluminium Metal for a 1,215 MW captive power plant over 5 years.
Coal India
The company signed a JV agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam to develop renewable energy projects in Uttar Pradesh through a 51:49 joint venture.
Fortis Healthcare
The company signed an O&M agreement with Dion Group to operate a 300-bed greenfield multi-specialty hospital in Cuttack, marking its entry into Odisha.
HCL Technologies
The company signed a $1.14 billion strategic partnership with a Europe-headquartered Fortune Global 50 firm to deliver AI-driven digital workplace and enterprise network transformation over an initial term through December 2031.
Hi-Tech Pipes
The company reported Q1FY27 sales volume of 1,56,136 MT, up 26% YoY and 6% QoQ, driven by infrastructure, construction, and engineering demand.
HUDCO
The company signed an MoU with the Bihar Government to provide up to Rs1,00,000 crore in term loans over 5 years for urban infrastructure projects, including greenfield satellite cities and land acquisition.
Indian Energy Exchange
The company reported Q1FY27 electricity traded volume of 37.5 BU, up 15.9% YoY; RTM volume of 16.0 BU, up 23.5% YoY; green market volume, up 6.3% YoY; and June electricity traded volume of 12.2 BU, up 12.5% YoY, with RTM volume up 25.7% YoY.
Marathon Nextgen Realty
The company’s subsidiary, Sunset Spaces, executed a development agreement to redevelop a 1.5-acre residential society in Versova, Mumbai, with estimated GDV exceeding Rs 450 crore.
Prestige Estates Projects
The company entered an agreement to acquire a 50% stake in Advent Convention and Hotels International for up to Rs 504 crore to develop a Rs 4,500 crore GDV commercial project in Mumbai.
PTC India
The company signed a power purchase agreement with NTPC Renewable Energy for the procurement of 1,200 MW solar power under a bilateral arrangement.
Vedanta Aluminium Metal
The company reported record Q1FY27 aluminium production of 632 KT, up 5% YoY; alumina production of 826 KT, up 41% YoY; and record value-added production of 389 KT, up 14% YoY.
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