Morning Glance 16th October 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 375 points higher at 22,997 on Thursday.
AXISCADES Technologies Ltd.
The company completed 100% acquisition of Ulosia Holding AG on October 14, 2026, and XIDA will acquire the ITSJ business for up to about Rs 66.5 Cr.
Bharat Dynamics Ltd.
The company signed a Rs 1,307 Cr contract with the Indian Navy for heavyweight torpedoes, to be completed in 42 months.
Enviro Infra Engineers Ltd.
The company, through subsidiary Suyog Urja, received an LOI for EPC of the 100 MW Ajani Wind Project worth rs 228 Cr.
Emmvee Photovoltaic Power Ltd.
The company reported strong Q2/H1 FY27 results and plans to commission 6 GW of expansion by December 2026 and March 2027.
G R Infraprojects Ltd.
The company, through a subsidiary, executed a 45-year concession agreement for the Varanasi MMLP project worth Rs 91.60 Cr.
LTM Ltd.
The company won a multi-million-dollar, three-year managed services deal from a North American engineering company.
NLC India Ltd.
The company's arm NLC Renewables won a Letter of Award for a 50 MW/200 MWh battery storage project at Arambag, West Bengal.
Reliance Industries Ltd.
The company's subsidiary Jio Platforms fixed its IPO price band at Rs 1,065- rs 1,119 for up to 27 crore shares, with subscription opening October 21, 2026.
Vikram Solar Ltd.
The company won a 187 MW module supply order for Karnataka and Tamil Nadu projects, to be executed by December 2026.
Zydus Lifesciences Ltd.
The company's JV signed a Sri Lanka agreement for a pharma facility of about Rs 190 Cr, with commercial operations expected in 2028.
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