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2026-05-20 09:00:29 am | Source: ARETE Securities Ltd
Morning Glance 20th May 2026 - ARETE Securities Ltd
Morning Glance 20th May 2026 - ARETE Securities Ltd

The markets are expected to open marginally lower today as trends in GIFT NIFTY indicate a negative start for the broader index after NIFTY closed 32 points lower at 23,618 on Tuesday.

Bharat Forge

The company signed MoU with Andhra Pradesh government to establish India’s first private-sector marine gas turbine repair overhaul and development facility at Visakhapatnam over 80 acres.

HealthCare Global Enterprises

The company launched 132-bed cancer hospital in Hebbal Bengaluru with Karnataka’s first Elekta Unity MR-Linac and Rs129 crore investment.

Kirloskar Pneumatic Company

The company launched Tonalli, a decentralised waste-to-energy solution converting organic waste into biogas and organic fertiliser for industrial, hospitality and residential applications.

KPI Green Energy 

Subsidiary Sun Drops Energia executed BESPA with GUVNL for 120 MW/240 MWh standalone BESS project taking cumulative executed BESS portfolio to 565 MW/1,130 MWh.

M&M Financial Services

The NBFC's board has approved the issuance of NCDs worth Rs 2,200 crore.

Mangalore Refinery and Petrochemicals  

The company received PNGRB authorization for 2.5 MMTPA ATF pipeline from Devangonthi to Kempegowda International Airport, Bengaluru, executable in 36 months.

Royal Orchid Hotels

The company launched 74-key Regenta Place HiTech City Hyderabad featuring café and 3,000 sq ft banquet space marking entry into Telangana.

Transformers and Rectifiers India

The company secured Rs175 crore order from Bhanwariya Infra Projects for 4 transformers and 5 reactors for RRVPNL substations.

 

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