Stock Insights : AXISCADES Technologies Ltd, Bharti Airtel Ltd, Cyient Ltd, Piramal Enterprises Ltd, GAIL Ltd, Zydus Lifesciences Ltd - ARETE Securities Ltd
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 140 points higher at 24,821 on Tuesday.
AXISCADES Technologies
The company secured Rs.600 crore defence electronics orders across airborne, naval, and radar programs from DRDO and defence PSUs.
Bharti Airtel
The company completed acquisition of ~5% membership interest in Ericsson-formed Aduna Global Holding LLC for global API monetisation.
Brigade Enterprises
The company signed JDAs for Brigade Citadel 2 & 3 in Hyderabad’s Moti Nagar, targeting Rs.970 crore revenue across ~1 million sq. ft. residential development.
Cyient
The company’s subsidiary Cyient Semiconductors incorporated ‘Cyient Semiconductors Singapore Pte. Limited’ to expand semiconductor design and engineering R&D operations in Singapore.
GAIL
The company signed a 50:50 JV agreement with RVUNL to transfer gas-based plants and set up ~1,000 MW solar-wind hybrid projects in Rajasthan.
Intellect Design Arena
The company launched pilot implementations of its eMACH.ai platform for leading South African banks, supporting digital banking aligned with NDP 2030.
KP Green Engineering
The company received LOA from MAHAPREIT for turnkey 5 MW rooftop solar EPC projects at Goa government buildings with 5-year O&M.
Larsen & Toubro
The company secured an ultra-mega offshore hydrocarbon order worth over Rs.15,000 crore from a Middle East client for EPC and upgradation works.
Piramal Enterprises
The company approved raising up to Rs.1,000 crore via NCDs on private placement basis in one or more tranches till March 2026.
Tilaknagar Industries
The company approved a Rs.2,296 crore preferential issue at Rs.382 per share for funding Imperial Blue acquisition and general corporate purposes.
Welspun Corp
The company upsized a US spiral pipe order by Rs.735 crore, taking its consolidated order book to ~Rs.19,000 crore, executable largely in FY26–FY27.
Zaggle
The company will acquire 100% stake in fintech firm Rio.Money for Rs.22 crore in cash to expand into UPI and consumer credit cards.
Zydus Lifesciences
The company completed acquisition of 85.6% stake in France-based Amplitude Surgical for €256 million and will file a simplified tender offer.
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