Morning Glance 8th 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 50 points lower at 23,366 on Friday.
Alembic Pharmaceuticals
The company received USFDA final approval for Haloperidol Tablets USP in 1-20 mg strengths for psychotic disorders and Tourette's disorder, addressing a US$27 million market.
Bharat Heavy Electricals
The company received notification of award for EPC package of 3x800 MW Meja Stage-II supercritical thermal power project from Meja Urja Nigam, valued at over ?21,000 crore excl. GST.
Bluspring Enterprises
The company’s step-down subsidiary STEAG Energy Services India received ?2,049.8 crore contract from BALCO for operations and maintenance of its 1,740 MW power plant over 60 months.
Creative Newtech
The company, along with its consortium partner, received ?3,194.83 crore advance work order from BSNL for BharatNet middle mile network project in Odisha, with execution over ~3 years.
Glenmark Pharmaceuticals
The company launched Lacosamide Injection USP, 200 mg/20 mL single-dose vials in the US, referencing Vimpat Injection, which has annual sales of ~US$15.2 million.
Godawari Power & Ispat
The company invested additional ?100 crore in wholly owned subsidiary Godawari New Energy through rights issue, increasing total investment to ?450 crore for its 20 GWh BESS project.
Hindustan Construction Company
The company secured ~?127 crore contract from Wangchhu Hydroelectric Power, Bhutan, for diversion tunnels, hydromechanical gates, and cofferdams for the Wangchhu Hydroelectric Project, to be completed in 9 months.
JK Cement
The company executed mining lease with Madhya Pradesh Government for Mahan underground coal mine in Singrauli, spanning 981.75 hectares.
KNR Constructions
The company’s JV KNR-SIML received ?3,361.11 crore coal mining contract from South Eastern Coalfields at Kusmunda OCP, Chhattisgarh, for 8 years.
Shyam Metalics and Energy
The company reported May sales volume growth in pig iron (+135.5% YoY), CR coils/sheets (+73.3% YoY), and stainless steel (+5.3% YoY), while HR tubes/pipes (-37.8% YoY), sponge iron (-44.7% YoY), aluminium foil (-24.6% YoY), speciality alloys (-18.5% YoY), pellets (-11.9% YoY), and carbon steel (-3.8% YoY) declined.
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