IGI Logo

The markets are expected to open marginally higher today astrends in GIFT NIFTY indicate a positive start for the broader indexafter NIFTY closed 155 points lower at 24,013 on Friday.

Bharat Forge

The company signs a Rs. 425 crore contract with the Defence Ministry tosupply gas turbine generators to the Indian Navy.

Delhivery

The company launched Delhivery Maps, an AI-native geospatial API suitebuilt on data from over 2 billion shipments and 1 billion daily GPS pings, nowavailable commercially. Goodluck India The company's subsidiary Goodluck Defence & Aerospace Ltd received a~Rs255 crore domestic order to supply 155mm long-range empty shells inready-to-fill condition.

Hindalco Industries

The company commissioned aluminium bicycle component facility in Punewith annual capacity of 5 lakh frames and forks, 7.5 lakh handlebars and 8lakh pairs of wheel rims, as part of its value-added aluminium and mobilityapplications expansion strategy.

John Cockerill India

The company secures an order of Rs. 85-90 crore from JSW JFE ElectricalSteel for tunnel furnace packages.

Kirloskar Oil Engines

The company secured an order from HyperNext for 96 units of 2,500 kVAOptiprime™ Dual Core power systems aggregating 192 MW for hyperscaledata centre infrastructure.

Mahindra Lifespace Developers

The company acquired a 15-acre land parcel in Kandivali East, Mumbai withestimated GDV of ~Rs5,600 crore and development potential of ~1.8 millionsq ft.

Sun Pharmaceutical Industries

The company agreed to acquire 100% stake in Innovcare Lifesciences Pvt Ltdfor ~Rs271.2 crore, adding a business engaged in marketing, distribution andsale of pharmaceutical, nutraceutical and cosmeceutical products.

Tata Power

The company received LOI from REC Power Development and Consultancyto acquire Ryapte Power Transmission, a transmission project SPV with Rs521.07 crore annual transmission charges and 35-year concession period.

VA Tech Wabag

The company, through a JV led by it, secured a mega DBO contract in Kuwaitfor a 272 MLD SWRO desalination plant, implying order value above $150million, with 36-month execution and 5-year O&M period.

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM000012