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Market Updates

The markets are expected to open marginally lower today as trendsin GIFT NIFTY indicate a negative start for the broader index afterNIFTY closed 36 points lower at 22,082 on Tuesday.

ABB India:

The company’s parent ABB Motion partnered with UptimeAI to enhanceasset health and performance management across heavy asset industries inIndia.

Apollo Hospitals:

The company plans to commission a Comprehensive Oncology Centre withIndia’s first Proteus One Proton System at Rs.250 crore over three years.

Coforge:

The company signed a 13-year strategic partnership contract with Sabreworth $1.56 billion to accelerate AI-enabled product innovation anddelivery.

GE Vernova T&D India:

The company received orders worth ~Rs.500 crore from Power Grid forsupply and installation of 765kV transformers & reactors.

Ola Electric Mobility:

The company’s subsidiary Ola Cell Technologies received a notice from IFCIfor non-achievement of Milestone-1 under PLI ACC scheme, with responseunder preparation.

ONGC:

The company invested Rs.1,200 crore in ONGC Green and acquired 100% inPTC Energy with 288.80 MW wind capacity across Andhra Pradesh, MadhyaPradesh, and Karnataka for Rs.925 crore.

Power Grid Corporation:

The company won 3 inter-state transmission projects under TBCB forRajasthan, Gujarat, Andhra Pradesh, and Karnataka, with LOI received.

Rail Vikas Nigam:

The company received LoA worth Rs.729.82 crore from HPSEBL fordevelopment of distribution infrastructure in Central Zone, HimachalPradesh under RDSS scheme.

Refex Industries:

The company’s subsidiary Refex eVeelz to expand EV fleet by 1,000 electriccars via strategic partnership with leading ride-hailing platform acrossChennai, Hyderabad, Bengaluru & Mumbai in FY26.

Samvardhana Motherson International:

The company’s subsidiary CIM Tools signed a multi-year contract to supplyaerospace components directly to Airbus commercial aircraft from theBengaluru facility.

Welspun Specialty Solutions:

The company emerged L1 bidder for Rs.231.77 crore supply contract fromBHEL for 4,050 tonnes stainless steel seamless boiler tubes for supercriticalthermal power projects.

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