Morning Glance 4th May 2026 by ARETE Securities Ltd
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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 180 points lower at 23,998 on Wednesday.
Balrampur Chini
The company updated the PLA project cost to Rs3,080 crore, approved a Rs160 crore gypsum plant, and sanctioned a Rs450 crore preferential issue.
Bharat Forge
The company announced plans to acquire a 30% stake in Fortuna Engineering (FEPL) for Rs 129.6 crore, with an option to increase its stake to 50%+1, subject to regulatory approvals.
Coal India
The company received a Letter of Award for an 80 MW/320 MWh Battery Energy Storage System (BESS) project worth approximately Rs 400 crore.
5paisa Capital
The company reported FY26 revenue of Rs319.9 crore and PAT of Rs44.2 crore, and confirmed it raised Rs468.8 crore via a rights issue.
Indian Hume Pipe
The company's JVs secured two irrigation project orders with a combined share worth Rs461 crore, executable over 48 months.
Maruti Suzuki
The company sold 239,646 units in April 2026, its highest-ever monthly sales, with domestic sales reaching 191,122 units.
NCC
The company received four orders in April 2026 totaling Rs 1,703.27 crore across its Buildings, Electrical, and Transportation divisions.
Siemens
The company received a work allocation of INR 1,825 crore on March 25, 2026, for supply of bogies, traction motors, and gearboxes.
Tata Power
The company's subsidiary TPREL approved adoption of PV ingot and wafer manufacturing as a new line of business, with an investment of up to Rs6,500 crore for 10 GW capacity.
Vodafone Idea
The Department of Telecommunications (DoT) finalized Vodafone Idea's AGR dues at Rs 64,046 crore, payable in installments from FY2031 to FY2040.
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