Powered by: Motilal Oswal
2025-03-03 09:01:40 am | Source: ARETE Securities Ltd
Stock Insights : Adani Green Energy Ltd, Anupam Rasayan Ltd, Bharat Forge Ltd, Solar Industries India Ltd, Tata Consultancy Services Ltd, Tinna Rubber and Infrastructure Ltd,Zen Technologies Ltd - ARETE Securities Ltd
Stock Insights :  Adani Green Energy Ltd, Anupam Rasayan Ltd, Bharat Forge Ltd, Solar Industries India Ltd, Tata Consultancy Services Ltd, Tinna Rubber and Infrastructure Ltd,Zen Technologies 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 420 points lower at 22,124 on Friday.

Adani Green Energy:

The company’s subsidiary operationalized 83 MW solar project at Khavda,Gujarat, raising total operational capacity to 12,341.1 MW.

Anupam Rasayan:

The company signed LOI with USA-based Elementium Materials to develop& supply advanced EV battery solvent with $350-450 million sales potential.

Bharat Forge:

The company and Kalyani Centre for Precision Technology acquired 7,762 shareseach in Sunsure Solarpark Twenty Eight, raising their stake to 15.52% each.

Cantabil Retail India:

The company opened 5 new showrooms in India during February 2025,taking total store count to 588.

MOIL:

The company achieved best-ever February production at 1.53 lakh tonnesmanganese ore, February drilling at 11,455 meters (?43% over CPLY), AprilFeb sales at 14.32 lakh tonnes (?3% over CPLY), and April-Feb drilling at94,894 meters (?20% over CPLY).

NCC:

The company approved ?70 crore equity investment in wholly ownedsubsidiary NCC Quantum Technologies for executing Advance MeteringInfrastructure Service Provider projects.

NLC India:

The company secured 200 MW wind power project from SJVN at?3.74/kWh, raising total wind capacity to 301 MW.

Shakti Pumps:

The company received ?23.91 crore order from MEDA for 877 solar waterpumping systems across Maharashtra under PM-KUSUM Component-B.

Som Distilleries and Breweries:

The company’s subsidiary Woodpecker Greenagri Nutrients is setting up?600 crore greenfield brewery, distillery project in UP.

Solar Industries India:

The company and its subsidiary received ?2,150 crore export orders fordefence products to be delivered over 6 years.

Tata Consultancy Services:

The company extended partnership with Norway’s DNB Bank for 5 years tosupport digital modernization and deploy next-gen technologies.

Tinna Rubber and Infrastructure:

The company acquired 49% stake in South Africa-based MbodlaInvestments for ?1.17 crore to develop tyre recycling venture.

Zen Technologies:

The company acquired 100% stake in ARI Labs and 76% stake in AppliedResearch International, making ARI Labs a wholly owned subsidiary.

 

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM0000127

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here