Morning Glance 09th July 2026 - ARETE Securities Ltd
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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 517 points lower at 23,882 on Wednesday.
Ceigall India
The company, with a 74% stake in a joint venture with Sushee Infra & Mining, emerged as the L1 bidder for a Rs 704.70 crore MoRTH EPC road project in Arunachal Pradesh, with a 4-year construction and 5-year maintenance period.
Crompton Greaves Consumer Electricals
The company received an additional allocation worth ~Rs 64.99 crore from MSEDCL to supply, install, and commission 3,000 off-grid solar photovoltaic water pumping systems under the PM-KUSUM scheme.
INOX India
The company secured Rs 939 crore orders, including a mega industrial gas order from the space exploration sector, with Rs 871 crore in industrial gas, Rs 44 crore in LNG, Rs 16 crore in cryo-scientific solutions, and Rs 8 crore in beverage kegs.
JSW Energy
The company commissioned 1,081 MW of renewable capacity since April 2026, taking total installed capacity to 14,535 MW, with renewables contributing 61% of the portfolio.
Marksans Pharma
The company signed a definitive agreement to acquire a 100% stake in Germany-based ABCnow GmbH for €892,384, with completion expected by July 2026.
SEPC
The company approved the acquisition of up to a 90% stake in UAE-based Avenir International Engineers through a Rs 1,530 crore share swap, expected to close by December 2026, and proposed increasing its authorised share capital to Rs 6,000 crore and borrowing limit to Rs 7,500 crore.
SML Mahindra
The company reported June production at 1,587 units, up 2.7% YoY; sales at 1,896 units, up 4.9% YoY; and exports at 34 units, down 46.9% YoY.
State Bank of India
The company's subsidiary, SBI Funds Management, filed the RHP for an IPO comprising an offer for sale of up to 20.37 crore shares, including up to 12.83 crore shares by the company and up to 7.54 crore shares by Amundi India Holding.
Tata Steel
The company reported India crude steel production of 5.82 million tonnes, up 11% YoY, and deliveries of 5.17 million tonnes, up 9% YoY, in Q1FY27.
United Drilling Tools
The company successfully supplied and deployed 5,000 metres of 7-inch premium production casing for an Oil India gas well in Assam under a development order.
Ventive Hospitality
The company will acquire 100% equity and preference share capital of Kelzai Eco Reserves for Rs 281.88 crore at a Rs 466 crore EV, with completion in ~3 months.
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