IGI Logo

Market Updates

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 33 points higher at 25,083 on Thursday.

Apollo Micro Systems

The company emerged as the lowest bidder for orders worth Rs.25.12 crore from DRDO and Defence PSUs in its regular business.

Enviro Infra Engineers

The company, through EIE Renewables, acquired Vento Power Infra for Rs.115.6 crore, gaining 100% stake in a 40 MW solar project in Odisha.

Hindustan Aeronautics

The company received CCS approval for supplying 97 Light Combat Aircraft Mk-1A with associated equipment to the Indian Air Force.

Indian Railway Finance Corporation

The company executed a Rs.1,125 crore refinancing facility for BRBCL, supporting lower financing costs and enhancing cost-efficiency for Indian Railways-linked power supply.

JSW Steel

The company’s subsidiary Mivaan Steels was declared successful bidder for Rajgamar Dipside coal block in Chhattisgarh with a 31.50% revenue share offer.

Jupiter Wagons

The company’s subsidiary JTRFPL received an LOI to supply 5,376 wheelsets worth Rs.215 crore for the Vande Bharat project.

Oriana Power

The company received LOA from SECI under SIGHT Scheme for producing and supplying 60,000 MT green ammonia annually to Madhya Bharat Agro Products.

Paras Defence and Space Technologies

The company received a Rs.45.32 crore order from Bharat Electronics to supply signal processing and multi-sensor fusion systems for air defence over 29 months.

PTC Industries

The company secured a Rs.110 crore order from BrahMos Aerospace for producing and supplying critical titanium castings over 24 months.

SJVN

The company successfully synchronized the first 660 MW unit of its Rs.13,756.56 crore 1320 MW Buxar Thermal Power Project with the National Grid in Bihar.

Titagarh Rail Systems

The company received Rs.445 crore LOI from Garden Reach Shipbuilders for constructing two research vessels for Geological Survey of India.

Transrail

The company secured Rs.837 crore T&D orders including domestic EPC and international supply, taking FY26 order inflows to Rs.3,157 crore, up 57% YoY.

Valor Estate

The company received an LOA worth ~Rs.2,000 crore from MCGM for a 60-month Malad PAP housing project with GHV as EPC partner.

Wipro

The company signed a definitive agreement to acquire Harman Connected Services and assets for $375 million, strengthening ER&D and AI-driven digital engineering capabilities globally

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

SEBI Regn. No.: INM0000127