Powered by: Motilal Oswal
2026-06-16 09:06:38 am | Source: ARETE Securities Ltd
Morning Glance 16th June 2026 - ARETE Securities Ltd
Morning Glance 16th June 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 231 points higher at 23,854 on Monday

 

Adani Enterprises

The company announced a strategic alliance with Jabil Inc. to establish an AIand data center infrastructure manufacturing platform in India.

Arvind SmartSpaces

The company signed a 58.25-acre residential plotted development jointdevelopment project in South Ahmedabad with estimated revenuepotential of ~Rs180 crore and saleable area of 2.5 million sq ft.

CarTrade Tech

The company launched CarTrade Used Auto, a unified platform for used-carbuy, sell, exchange and finance, targeting ~2 million annual transactionsworth ~Rs1.2 lakh crore.

G R Infraprojects

The company received appointed date for Rs1,897.51 crore Sidhi-Singraulirail link project from West Central Railway in Madhya Pradesh, with a 900-day execution period.

GMR Airports

The company handled 10.63 million passengers, up 6.1% YoY, and 66,434aircraft movements, up 2.3% YoY, across its airport portfolio, excludingCebu, in May 2026.

HCL Technologies

The company will acquire a 10.46% stake in Axonwise Pvt Ltd (Sarvam AI) for Rs1,427.25 crore in cash, valuing the company at a US$1.5 billion post-moneyvaluation.

Northern Arc Capital

The company signed an MoU with YES Bank to leverage its network of 368originator partners for credit deployment, co-lending, technologyintegration, and distribution of investment products.

Patel Engineering

The company received LOA from Maharashtra Krishna Valley DevelopmentCorporation for Tasgaon Lift Irrigation Scheme in Maharashtra, with a 51%share in the Rs126.37 crore JV contract, translating to Rs64.45 crore.

RailTel Corporation

The company received Rs15.78 crore work order from Munitions India forMPLS bandwidth upgradation of existing COMNET 2.0 across 45 units of 7DPSUs and DoO.

Shriram Properties

The company signed a JDA for a 9.1-acre residential project in Bengaluru with~6.7 lakh sq ft development potential and estimated GDV of over Rs600 crore.

Waaree Energies

The company received an order from a domestic energy solutions providerfor supply of 800 MW solar modules during FY27.

 

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM000012

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here