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2026-05-21 09:01:29 am | Source: ARETE Securities Ltd
Morning Glance 21st May 2026 - ARETE Securities Ltd
Morning Glance 21st May 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 41 points higher at 23,659 on Wednesday.

Ashok Leyland

The company’s material subsidiary HLFL received BSE no-objection for its proposed merger with NDL Ventures Ltd.

Balaji Amines

The company commissioned India's first DME plant with 1,00,000 TPA capacity at commercial production.

Grasim Industries

The company subscribed Rs 2,880 crore in Aditya Birla Capital's preferential issue, raising stake to 53.08%.

Gravita India

The company expanded lead recycling capacity at Phagi, Jaipur by 40,500 MTPA, taking total to 75,819 MTPA.

IOL Chemicals

The company approved Triacetin and Pantoprazole capacity expansion at Barnala with 6000 MTPA and 36 MTPA additions respectively through internal accrual capex of Rs16.88 crore and Rs5.87 crore.

J K Cements

The company received LOIs from Andhra Pradesh and Madhya Pradesh for two limestone mining leases of 1,188 and 349 hectares respectively.

Kajaria Ceramics

The company's subsidiary KAPL commenced tile adhesive production with 1,08,000 MT annual capacity.

Pace Digitek

The company won Rs264.65 crore BSNL BharatNet contract in Sikkim, executable in 3 years.

RVNL

The company emerged L1 on East Coast Railway (Rs164.19 crore) and North Eastern Railway (Rs129.46 crore) contracts.

Shaily Engineering

The company's ShailyPen Neo device received USFDA, Health Canada and India approvals; semaglutide injection launched in Canada and India.

Wheels India

The company approved a 50:50 JV with Bosch and Brakes India to develop and manufacture commercial vehicle air, braking and suspension systems in India, with a 5-year lock-in.

 

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