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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