Stock Insights : ACME Solar Holdings Ltd, Bharat Forge Ltd, Granules India Ltd, JSW Energy Ltd, Reliance Power Ltd - ARETE Securities Ltd
Market Updates
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 120 points higher at 25,695 on Tuesday.
ACME Solar Holdings
The company was awarded a 450 MW-1800 MWh peak power project integrating 300 MW solar and BESS, supporting grid stability in Rajasthan.
BASF India
The company signed an agreement to acquire 26% stake in Clean Max Amalfi for Rs.6.59 crore to source ~28,860 MWh of renewable power annually.
Bharat Forge
The company’s subsidiary KSSL received Rs.250 crore MoD contracts for supply of underwater systems, enhancing its defence and unmanned marine systems portfolio.
Granules India
The company’s subsidiary Granules Life Sciences received first FDA approval for its Hyderabad facility, enabling U.S. launch and multi-site manufacturing continuity.
Hindustan Foods
The company’s subsidiary HFL Consumer Products acquired two ice-cream cone manufacturing units in Nashik for Rs.26.25 crore on a slump sale basis.
JSW Energy
The company commissioned India’s largest green hydrogen plant at Vijayanagar to supply 3,800 TPA hydrogen and 30,000 TPA oxygen to JSW Steel.
Kilburn Engineering
The company secured multiple LOIs and orders worth Rs.87.87 crore, including projects for Heavy Water Board and various industrial dryer systems.
Paras Defence and Space Technologies
The company received a Rs. 35.68 crore order from the Ministry of Defence for Portable Counter-Drone Systems (PCDS).
Premier Explosives
The company has received an order worth Rs 16.4 crore for the supply of commercial explosives.
Reliance Power
The company’s subsidiary Reliance NU Energies secured 750 MW / 3,000 MWh in SJVN’s FDRE ISTS tender, the largest allocation supporting round-the-clock renewable power.
Shyam Metalics and Energy
The company reported pellet sales of 90,711 MT (+43% YoY) and CR sheets of 13,050 MT (+1852% YoY), while stainless steel and sponge iron volumes fell 2% and 16%.
Waaree Energies
The company received a domestic order for supplying 360 MW solar modules in FY26 from a leading developer and owner-operator of utility-scale solar and energy storage projects.
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