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2025-05-26 08:44:42 am | Source: ARETE Securities Ltd
Stock Insights : Apollo Micro Systems Ltd , Biocon Ltd , Havells India Ltd, Bondada Engineering Ltd, IIFL Finance Ltd - ARETE Securities Ltd
Stock Insights : Apollo Micro Systems Ltd , Biocon Ltd , Havells India Ltd, Bondada Engineering Ltd, IIFL Finance 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 243 points higher at 24,853 on Friday.

Apollo Micro Systems

The company’s subsidiary ADIPL acquired 100% of IDL Explosives to strengthen integrated defence capabilities and become a Tier-I OEM.

Biocon

The company’s arm Biocon Biologics got UK MHRA and EU EC nod to market Ustekinumab biosimilar YESINTEK® for psoriasis and arthritis.

Bondada Engineering

The company received 2000 MW AC/2600 MWp DC solar project allocation by Government of Andhra Pradesh worth Rs.9,000 crore, adding Rs.14,000 crore order book.

Havells India

The company will increase Alwar cable capacity by 0.25 lakh km with Rs.340 crore investment, totaling 41.45 lakh km by Sept 2026.

IIFL Finance

The company received approval to open branches in J&K, aiming to expand credit access in unbanked and underbanked regions.

LT Foods

The company’s US arm acquired the remaining 49% in Golden Star Trading, California, for $15 million, making it a 100% subsidiary.

Metropolis Healthcare

The company’s subsidiary Dapic Metropolis completed acquisition of Dr. Ahujas’ Pathology & Imaging Centre as a going concern.

Poonawalla Fincorp

The company’s finance committee approved Rs.2,500 crore secured, rated, listed NCD issuance via private placement, with green shoe options.

Radico Khaitan

The company launched Morpheus Super Premium Whisky to target India’s fast-growing super-premium segment with a Scotch-Indian grain blend.

Syrma SGS Technology

The company incorporated a wholly owned subsidiary 'Syrma Eecomp' to manufacture electronic components and circuit board assemblies.

Zydus Lifesciences

The company received USFDA approval for Isotretinoin capsules USP in multiple strengths, produced at Moraiya, Ahmedabad

 

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