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2025-03-24 08:46:15 am | Source: ARETE Securities Ltd
Stock Insights : Adani Energy Solutions Ltd, Bharat Heavy Electricals Ltd, Godrej Properties Ltd, Lemon Tree Hotels Ltd, NCC Ltd - ARETE Securities Ltd
Stock Insights : Adani Energy Solutions Ltd, Bharat Heavy Electricals Ltd, Godrej Properties Ltd, Lemon Tree Hotels Ltd, NCC Ltd - ARETE Securities Ltd

Market Updates

The markets are expected to open marginally higher today astrends in GIFT NIFTY indicate a positive start for the broader indexafter NIFTY closed 159 points higher at 23,350 on Friday.

Adani Energy Solutions

The company signed an SPA with PFC to acquire 100% equity in Mundra ITransmission for a Rs.2,800 crore Gujarat project supporting GreenHydrogen/Ammonia.

AXISCADES

The company's subsidiary, Mistral, launched the DCP1000 module forreal-time mmWave radar data capture and playback, featuring lowlatency Gigabit Ethernet connectivity.

BHEL

The company received an LOI from GSECL for a Rs.7,500 crore EPC packageof 1x800 MW Ukai Extn. Unit-7 in Gujarat, to be executed in 54 months.

Godrej Properties

The company acquired ~10 acres in Yelahanka, Bengaluru, with ~1.5million sq. ft. potential and estimated revenue of Rs.2,500 crore.

Lemon Tree Hotels

The company signed license agreements for Keys Select hotels inVrindavan (FY26) and Navsari (FY28), managed by Carnation Hotels.

NCC

The company received a Rs.1,480.34 crore order from Bihar MedicalServices & Infrastructure Corporation for redeveloping DarbhangaMedical College & Hospital.

Mazagon Dock Shipbuilders

The company signed an MoU with Goa's State Disaster ManagementAuthority for an AI-based disaster detection and communication system.

PFC

The company incorporated NES Dharashiv Transmission and NES NaviTransmission as SPVs for Maharashtra’s RE evacuation and data centerload supply projects.

Polyplex Corporation

The company’s US subsidiary started trial runs for a 50,000 MT BOPET filmline and PET resin debottlenecking to 86,000 MT.

VA Tech Wabag

The company signed a non-binding term sheet for a $100 millionMunicipal Platform with Norfund and others, focusing on municipal waterprojects.

 

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