Morning Glance 10th September 2026 - ARETE Securities Ltd
The markets are expected to open marginally higher today astrends in GIFT NIFTY indicate a positive start for the broader indexafter NIFTY closed 204 points lower at 23,431 on Wednesday.
Adani Enterprises
The company’s airport subsidiary, AAHL, agreed to raise Rs9,825 crore(~US$1bn) from Alpha Wave, Premji Invest, Temasek, and BlackRockmanaged funds at ~US$18bn pre-money valuation, with investors to hold5.54% post-transaction.
Adani Ports
The company received an LOA for a 30-year concession to develop andoperate two dry bulk berths at Paradip Port, adding 18 MMT capacity, withthe concession agreement to be signed within 30 days.
Cochin Shipyard
The company approved a 50:50 JV with Drydocks World Dubai to transferand operate its Kochi ISRF at a consideration of ≥Rs1,800 crore, withimplementation targeted by FY27-end, subject to approvals.
Dilip Buildcon
The company received PNGRB LOI to develop and operate the ParadipRaipur LPG pipeline, with Rs1,800 crore EPC opportunity over 3 years and 25-year operating rights through a 100%-owned SPV.
Enviro Infra Engineers
The company’s step-down subsidiary, Suyog Urja, received a Rs224.19 croreLOI from Tata Power Renewable Energy for EPC works on NTPC’s 180 MWwind project in Maharashtra, with execution by Mar'27.
GPT Infraprojects
The company’s WOS secured a Rs114.82 crore railway signalling order fromNortheast Frontier Railway, involving electronic interlocking across 10stations, with execution over 730 days.
Kalpataru Projects International
The company approved an IPO of step-down subsidiary Linjemontage onNasdaq Stockholm, with an offer valuation of up to ~Rs2,324 crore andcompletion targeted by end-Sep'26, while KPIL remains a shareholder.
Larsen & Toubro
The company secured a Rs2,500-5,000 crore offshore EPCIC order fromONGC for the ADR-I and NLM-14 projects, covering new platforms, subseapipelines and cables, and brownfield modifications.
Power Mech Projects
The company secured a Rs970 crore, 5-year O&M contract from VedantaPower for its 2x600 MW Sakti thermal power plant in Chhattisgarh.
Shakti Pumps
The company received empanelment from MSEDCL for 10,000 off-grid solarwater pumps worth Rs216.64 crore, with execution within 60 days of workorder/NTP.
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