Powered by: Motilal Oswal
2026-06-17 08:49:11 am | Source: ARETE Securities Ltd
Morning Glance 17th June 2026 - ARETE Securities Ltd
Morning Glance 17th 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 135 points higher at 23,989 on Tuesday

 

Bondada Engineering

The company received Rs1,338.03 crore EPC order from NTPC RenewableEnergy for a 250 MW solar project with 50 MW/200 MWh BESS at Sitapur,Uttar Pradesh.

Grasim Industries

The company inaugurated Phase 1 of its CPVC resin plant at Vilayat, Gujarat,with planned capacity of ~50,000 metric tonnes per annum, in collaborationwith Lubrizol.

Great Eastern Shipping

The company contracted to acquire a secondhand 110,000 dwt Long Range2 tanker, funded through internal accruals, with delivery expected inQ2FY27.

Krishna Defence & Allied Industries

The company received a Rs45.64 crore order from the Ministry of Defencefor supply of special steel products for a shipbuilding project, to be executedwithin 8 months.

Mahindra Holidays & Resorts India

The company completed acquisition of 100% stake in coffee plantation firmAditatva Estates for Rs37.5 crore, adding a ~50-acre Chikmagalur land parcelfor leisure resort development.

Marine Electricals

The company received orders worth ~Rs76.38 crore from STT Global DataCentres India and Deepak Chem Tech for supply, installation, testing, andcommissioning of power distribution systems, with execution over 12-18months.

NBCC

The company secured orders worth Rs20.92 crore from Chennai PortAuthority and Power Grid Corporation for hospital improvement works inChennai and construction of a 150-bed Vishram Sadan in Kurnool.

NHPC

The company signed an MoA with the Government of Arunachal Pradesh forimplementation of the 3,097 MW Etalin Hydroelectric Project on a BOOTbasis with a 40-year lease period.

Power Grid Corporation of India

The company was declared the successful bidder under TBCB for the WR-ERInter-Regional Network Expansion Scheme Part-A, involving 2 new 765/400kV substations and associated transmission lines on a BOOT basis.

Welspun Living

The company’s subsidiary Welspun USA commenced full commercialproduction at its Nevada pillow manufacturing unit, established with aplanned capital expenditure of $13 million.

 

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