Stock Insights : ACME Solar Ltd, Adani Power Ltd, HFCL Ltd, Infosys Ltd, JBM Auto Ltd, JSW Energy 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 32 points higher at 25,005 on Thursday.
ACME Solar
The company secured Rs.3,892 crore funding from SBI for a 400 MW FDRE project in Rajasthan through subsidiary ACME Venus Urja.
Adani Power
The company received LoA from MPPMCL for additional 800 MW under greenshoe option, raising Anuppur thermal project capacity to 1600 MW.
Bharat Forge
The company’s subsidiary Kalyani Strategic Systems signed a landmark contract with UAE’s GRADEONE to supply 155mm artillery system barrels.
HFCL
The company received Andhra Pradesh approval for 1,000 acres land allotment in Sri Sathya Sai district to establish advanced defence manufacturing facilities.
Infosys
The company entered a 10-year alliance with HanesBrands to deploy AI-first platforms, modernize IT operations, enhance agility, and unlock productivity.
JBM Auto
The company’s arm JBM Ecolife Mobility secured $100 million from IFC to finance 1,455 e-buses deployment across Maharashtra, Assam and Gujarat.
JSW Energy
The company commissioned 317 MW renewable capacity including hydro, solar, and wind, raising total installed capacity to 13,097 MW with 57% renewables.
JSW Infrastructure
The company’s subsidiary JSW Port Logistics acquired a brownfield rail siding at Kudathini, Ballari for Rs.57 crore to develop a multimodal logistics park.
Lodha Developers
The company signed a Rs.30,000 crore MoU with Maharashtra govt to develop a 2 GW green integrated data centre park in Palava.
NBCC
The company signed an MoU with RIICO for Rs.3,700 crore projects near Jaipur Airport, including Rajasthan Mandapam and allied infrastructure development.
NLC India
The company signed an MoU with KABIL to jointly identify, acquire and develop global critical and strategic mineral projects.
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