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2025-05-22 08:40:52 am | Source: ARETE Securities Ltd
Stock Insights : Adani Green Energy , GMR Airports, Havells , Hindustan Zinc , Indian Hotels Company - ARETE Securities Ltd
Stock Insights : Adani Green Energy , GMR Airports, Havells , Hindustan Zinc , Indian Hotels Company - ARETE Securities Ltd

The markets are expected to open marginally lower today as trends in GIFT NIFTY indicate a negative start for the broader index after NIFTY closed 129 points higher at 24,813 on Wednesday.

Adani Green Energy

The company’s step-down subsidiary operationalised 187.5 MW solar project at Khavda, Gujarat, raising total operational renewable capacity to 14,528.4 MW.

GMR Airports

The company’s arm has entered a share purchase agreement to acquire a 70% stake in ESR GMR Logistics Park for Rs 41.33 crore.

Havells

The company will enter the EVSE segment via EV chargers under switchgear business with Rs.7–10 crore investment and operations by Q3 FY26.

Hindustan Zinc

The company received LoI from Andhra Pradesh Govt for a composite license to mine tungsten over 308.3 hectares in Ananthapuram.

Indian Hotels Company

The company signed Taj Pushpabanta Palace in Agartala with 100 rooms in a PPP with Tripura govt. expanding its North East presence to 14 hotels and has five hotels in the pipeline in Agartala, Itanagar, Guwahati, Jorhat, and Dibrugarh.

Inox Green Energy Services

The company signed O&M agreements for 639 MWp solar assets across India, raising its solar O&M portfolio to ~1.6 GW and total to >5 GW.

ITC

The company acquired 594 equity and 2,201 CCPS of Mother Sparsh for Rs.50.6 crore raising stake to 39.47% in the baby care startup.

KEI Industries

The company acquired 74,000 sqm land from Rajasthan State Industrial Development & Investment Corporation for Rs.93.58 crore to support future expansion.

NBCC

The company received a work order from Power Finance Corporation for interior works at Tower-H, World Trade Centre, New Delhi worth Rs.161.55 crore.

Tejas Networks

The company will supply RAN and related equipment worth Rs.1,525.53 crore (ex-tax) to TCS for BSNL's 4G rollout across 18,685 sites.

 

 

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