Morning Glance 2st Jun 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 165 points lower at 23,382 on Monday.
Adani Green Energy
The company operationalized 50 MW solar power project at Khavda, Gujarat, taking total operational renewable generation capacity to 19,835.8 MW and BESS capacity to 3,366 MWh.
Balu Forge Industries
The company secured initial order for 30,000 units of 152 mm artillery shells from a major Indian energetics player, with supplies commencing in June 2026.
Godrej Properties
The company won e-auction for a 23.2-acre residential land parcel in Greater Noida and plans a housing project with estimated revenue potentialexceeding ?7,000 crore. Kalpataru Projects International
The company and its subsidiaries secured new orders worth approximately ?2,002 crore in power transmission and distribution overseas, buildings and factories in India, and railways in India.
Marksans Pharma
The company entered definitive agreement to acquire 100% of Netherlands- based QliniQ B.V. to strengthen direct market access and expand presence across regulated European markets.
NMDC
The company reported May 2026 iron ore production of 5.31 MT (+19.9%YoY) and sales of 4.04 MT (-6.9% YoY), with cumulative production at 9.96 MT (+18.1% YoY) and sales at 7.72 MT (-2.8% YoY).
PNC Infratech
The company received ?194.40 crore LOA from Lucknow Development Authority for construction of 4-lane flyover with 2 loops and 2 ramps in Lucknow on EPC basis, to be completed in 24 months.
Puravankara
The company signed JDA for an 11.23-acre land parcel in North Bengaluru with estimated GDV of ?1,100 crore and developable area of ~0.74 million sq ft. Steel Strips Wheels The company reported May net turnover of ?485.98 crore, up 18.4% YoY, driven by strong growth in aluminium wheels, tractors, and 2 & 3 wheelers.
Zee Entertainment Enterprises
The company partnered with FIFA to secure Indian media rights for 39 FIFAevents, including FIFA World Cups 2026 and 2030, FIFA Women’s World Cup2027, and other tournaments through 2034.
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