Morning Glance 29th June 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 34 points higher at 24,056 on Thursday.
Ashoka Buildcon
The company received an LOA from the Central Housing and Planning Authority, Guyana, for a four-lane highway project worth $35.42 million, with execution over 20 months.
BEML
The company received an additional export order worth ~$5.35 million from the Middle East for heavy earth-moving equipment, increasing the contract value to ~$41.73 million.
Greaves Cotton
The company’s Ampere electric scooter brand crossed 4 lakh cumulative units manufactured and sold, with FY26 sales growth of 51% and market share rising to 4.4% from 3.6%.
ONGC
The company signed a technical services contract with bp for 43 Western Offshore Basin blocks, with bp receiving fixed fees for 2 years, followed by revenue-linked fees on incremental production.
Power Grid Corporation
The company commissioned a transmission project for the 2,500 MW Ananthapur and 1,000 MW Kurnool solar energy zones in Andhra Pradesh.
RailTel Corporation
The company received a Rs 29.84 crore LoA from the Southern Power Distribution Company of AP for the supply, installation, testing, and maintenance of SD-WAN devices, hardware, bandwidth licences, and security solutions.
RITES
The company approved the formation of a joint venture with NICC Infrastructure Construction LLC through a limited liability company in the UAE.
Rossari Biotech
The company’s subsidiary, Unistar Thai, commissioned a blending facility in Thailand with a 5,000 MTPA installed capacity to serve the Southeast Asian market.
Suzlon Energy
The company secured a 400 MW EPC wind project from Tata Power Renewable Energy and will install 127 S144 wind turbines of 3.15 MW each in Andhra Pradesh.
Transrail Lighting
The company secured Rs 459 crore international transmission and distribution EPC orders in the MENA region, taking FY27 order inflows to Rs 1,034 crore.
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