Morning Glance 21st September 2026 - ARETE Securities Ltd
The markets are expected to open marginally lower today as trendsin GIFT NIFTY indicate a negative start for the broader index afterNIFTY closed 76 points higher at 23,346 on Friday.
Apollo Pipes
The company’s subsidiary acquired 76% stake and profit-sharing rights inMazzini Tiles for Rs 40.42 crore, adding 72 lakh sq m annual tile capacity atMorbi under a Rs 300 crore investment plan.
BEML
The company secured a Rs 5,400+ crore order from NHSRCL for supply andmaintenance of high-speed rolling stock and allied works for the MumbaiAhmedabad High Speed Rail Corridor.
Dr. Reddy's Laboratories
The company entered an exclusive distribution and marketing agreementwith Takeda for Qdenga in India’s private market, with vaccine availabilityexpected in H1CY27 and no upfront or milestone payments.
HEG Advanced Materials
The company’s subsidiary, Replus Engitech, received a Rs 217.56 crore order fromIndus Towers for supply of lithium-ion battery banks, with execution by Mar'27.
KNR Constructions
The company completed the sale of its entire stake in KNR Guruvayur Infrato Indus Infra Trust for Rs 485.86 crore, against Rs 193.32 crore invested inequity and subordinated debt.
Knowledge Marine & Engineering Works
The company secured a Rs 279.33 crore, 15-year work order from MumbaiPort Authority to charter, operate, and maintain a 60-tonne bollard pullbattery-operated electric tug.
Mazagon Dock Shipbuilders
The company signed an MoU with NSHIPAP to participate as anchorshipyard in the proposed greenfield shipbuilding cluster at Dugarajapatnam,Andhra Pradesh, with planned capacity of ≥1.2 mn GT annually.
NTPC
The company commissioned 68.22 MW of Gujarat solar capacity and 9.45MW of Vanki wind capacity, effective Jul'26 and Sep'26, respectively, takinggroup installed capacity to 91,164 MW.
RVNL
The company received a Rs 404.9 crore LOA from East Coast Railway for 3rdline and allied works on the Bhadrak-Vizianagaram section, with executionover ~2.5 years.
Tega Industries
The company’s wholly owned subsidiary secured a Rs 126 crore contract fromKalpataru Projects International for equipment supply and related services,with execution over 14 months.
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