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2025-05-21 08:48:51 am | Source: ARETE Securities Ltd
Stock Insights : ACME Solar , IRCON, IDFC FIRST Bank , KPI Green Energy , PCBL - ARETE Securities Ltd
Stock Insights : ACME Solar , IRCON, IDFC FIRST Bank , KPI Green Energy , PCBL - 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 261 points lower at 24,683 on Tuesday.

ACME Solar

The company commissioned 112.5 MW at its Sikar project in Bikaner, raising total to 165 MW of 300 MW; operational capacity now 2,705 MW.

Astra Microwave Products

The company approved preferential allotment of 20 lakh convertible warrants at Rs.864 each, totaling Rs.174 crore, convertible into equity shares within 18 months.

IDFC FIRST Bank

The company’s shareholders approved a fund raise of Rs.7,500 crore with strong support from public institutions and non-institutions.

IRCON

The company received a Rs.253.56 crore LOA from South Western Railway for KAVACH works over 778 RKM in Bengaluru and Mysuru Divisions, to be executed in 18 months.

Kamat Hotels

The company signed a management deal for a 49-room IRA by Orchid Hotel in Dwarka, Gujarat, slated to open by October 2025.

KPI Green Energy

The company’s subsidiary Miyani Power Infra LLP received in-principle ISTS connectivity for a 642.6 MW wind project at Jam Khambhaliya, Gujarat.

Nazara Technologies

The company acquired 100% stake in UK-based Curve Games for Rs.247 crore to strengthen its global PC-console gaming presence.

PCBL

The company’s subsidiary Aquapharm commenced commercial polymer production at Mahad (Maharashtra) with 9.2 KTA capacity, raising the total to 21.8 KTA.

State Bank of India

The company approved raising up to $3 billion via foreign currency bonds in multiple tranches.

United Breweries

The company expanded Andhra Pradesh capacity via a leased Ilios Breweries unit to meet rising Kingfisher demand and improve distribution efficiency.

 

 

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