Stock Insights : Adani Power Ltd, Ashoka Buildcon Ltd, HCL Technologies Ltd, ITD Cementation India Ltd - 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 18 points lower at 24,793 on Thursday.
Adani Power
The company received NCLT approval to acquire 100% of Vidarbha Industries Power for ?4,000 crore under the CIRP process.
Ashoka Buildcon
The company signed a $67.25 million contract with Guyana Govt’s Public Works Dept for East Bank–East Coast Road Phase 2 to be executed in 18 months.
HCL Technologies
The company was selected by US-based Just Energy to boost operations and customer experience using GenAI and digital process outsourcing platforms.
ITD Cementation India
The company secured two new contracts worth ~Rs.960 crore for works at Trivandrum International Airport and a commercial building in Kolkata.
JSW Infrastructure
The company’s subsidiary Jaigarh Port signed a binding MoU with KRCL to develop Bhoke Railway Siding for improved port connectivity.
KPI Green Energy
The company’s subsidiary Sun Drops Energia received LoIs to develop 36.87?MW solar projects under the CPP segment for FY26 including DREBP-linked projects.
Samvardhana Motherson
The company approved 3 deals including full buyout of 2 Turkish arms for €3.225 million by Q2 FY26, a JV with South Korea’s Egtronics for EV and hydrogen commercial vehicle solutions in India (51% SAMIL), and acquisition of 28.15% in HRDPL for Rs.14.13 crore to support a 50MWp solar plant in Tamil Nadu with completion expected in Q2 FY26.
Tata Technologies
The company was selected as a strategic supplier by Volvo Cars to deliver product engineering, embedded software, and PLM services globally.
Uno Minda
The company approved Rs.210 crore capex for EV casting parts facility in Sambhaji Nagar, Maharashtra, over 5 years, via internal accruals and term loan.
United Spirits
The company will acquire 97.07% in NAO Spirits via Rs.53.80 crore share purchase and Rs.56 crore fresh subscription, later raising it to 100%.
Valor Estate
The company received NCLT’s certified order approving amalgamation of Esteem into VEL and demerger of VEL’s hospitality business into AHIL.
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