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2026-06-03 09:02:47 am | Source: ARETE Securities Ltd
Morning Glance 2nd January 2026 - ARETE Securities Ltd
Morning Glance 2nd January 2026 - ARETE Securities Ltd

The markets are expected to open marginally lower today as trends in GIFT NIFTY indicate a negative start for the broader index after NIFTY closed 101 points higher at 23,483 on Tuesday.

 

Adani Ports & SEZ

The company handled 48.3 MMT cargo in May 2026 (+16% YoY), taking YTD cargo volume to 91.4 MMT (+15% YoY), while rail logistics volumes declined 19% YoY to 48,170 TEUs.

Alkem Laboratories

The company became the first in India to launch semaglutide single-shot pre-filled syringes, priced from Rs 350, after DCGI approval for Type 2 diabetes and obesity treatment.

Canara Bank

The company approved a Rs 8,500 crore capital raising plan for FY27 through Basel III-compliant bonds, comprising Rs 4,500 crore AT1 bonds and Rs 4,000 crore Tier II bonds.

Concord Biotech

The company received US FDA approval for Mycophenolate Mofetil for Oral Suspension USP, 200 mg/mL, targeting a ~US$30 million U.S. market.

DEE Development Engineers

The company secured Rs 206.55 crore order from a public sector Maharatna power EPC company for manufacturing and supply of critical piping assemblies.

Delhivery

The company incorporated a wholly owned subsidiary, Delhivery Fintech Distribution Pvt Ltd, in India.

John Cockerill India

The company and its subsidiary JCMI received a Rs 1,250–1,300 crore CRNO project order from JSW Vijayanagar Metallics for two Annealing & Coating Lines and one Annealing & Pickling Line.

Paras Defence and Space Technologies

The company received Rs 52.82 crore order from Bharat Electronics for supply of electro-optics, to be executed by September 2027.

Royal Orchid Hotels

The company completed sale of 96.37% stake in subsidiary Multi Hotels for $3.41 million after receiving final consideration, resulting in cessation of subsidiary status.

Transrail Lighting

The company secured new orders worth Rs 575 crore across T&D, civil and pole businesses, and holds L1 position for projects worth around Rs 400 crore.

 

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