Morning Glance 8th September 2026 - ARETE Securities Ltd
The markets are expected to open marginally higher today astrends in GIFT NIFTY indicate a positive start for the broader indexafter NIFTY closed 119 points lower at 23,779 on Monday
Adani Power
The company was declared the successful resolution applicant for GVKEnergy, which owns a 330 MW hydro plant in Uttarakhand, with theacquisition subject to NCLT and regulatory approvals.
Chalet Hotels
The company completed acquisition of 100% of Lakeview Mercantile, ownerof a Goa land parcel with potential for a ~170-room luxury resort, making ita wholly owned subsidiary.
GE Vernova T&D India
The company was declared L1 by Power Grid for a 6,000 MW, ±800 kV HVDCLCC terminal station from Barmer II to South Kalamb, with execution overmultiple years.
Jindal Stainless
The company signed a technical assistance agreement with JFE Steel toenhance manufacturing practices and product quality for selected ferriticstainless steel grades.
National Aluminium Company
The company signed a technology licensing agreement with EGA for DX+ Ultratechnology for its 0.5 MTPA brownfield smelter expansion at Anugul, Odisha.
Novartis India
The company approved acquisition of Minipress and Minipres trademarksand related IP from Pfizer for Rs1,250 crore.
Shyam Metalics & Energy
The company reported August sales volumes up 16% YoY for stainless steel,27% for aluminium foil, 28% for speciality alloys, 114% for carbon steel flat,and 28% for metallics, with aluminium foil plant operations stabilising.
Swiggy
The company agreed to transfer its 100% stake in Lynks Logistics toTrustroot Internet via share swap, with Lynks receiving Swiggy Networks’Rs668 crore B2B distribution business, completion targeted by Oct'26.
TCS
The company launched a 4,500 sq ft AI-native creative engineering studio inLondon, as part of its UK&I expansion and commitment to create 5,000 jobsover three years.
VA Tech Wabag
The company secured a Rs100 crore - Rs250 crore repeat order from RIL foran ETP at DAGEGC, Jamnagar, with execution over 13 months.
Vishnu Chemicals
The company entered a 50:50 JV with France-based DCX Chrome toestablish a 6,000 TPA greenfield high-purity chromium metal facility inVisakhapatnam.
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