Stock Insights : Balrampur Chini Mills Ltd, Coal India, Diamond Power Infrastructure Ltd, GNA Axles Ltd, KP Energy Ltd, Lemon Tree Hotels Ltd, Oil India, PI Industries, SRF, Swiggy - ARETE Securities Ltd
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 117 points lower at 22,795 on Friday.
Balrampur Chini Mills:
The company commenced India's first PLA biopolymer plant in Kumbhi, Uttar Pradesh, with a ?2,850 crore investment and 80,000 TPA capacity.
Coal India:
The company signed a non-binding SHA term sheet with EDF India to form a JV for PSP and renewable energy projects in India and nearby regions.
Diamond Power Infrastructure:
The company commenced a Medium Voltage extrusion line at Vadodara, adding 175 km/month capacity, targeting 1,350 km/month by September 2025.
GNA Axles:
The company incorporated a wholly owned subsidiary, G N A Mobility, for manufacturing auto components with an initial capital of ?10 lakh.
KP Energy:
The company commissioned a 2.8 MW wind power project at Vagra, Bharuch, increasing its IPP capacity to 48.5 MW.
Lemon Tree Hotels:
The company signed a license agreement for Lemon Tree Resort, Chittorgarh, Rajasthan, with 98 rooms, set to start operations in FY26.
Oil India:
The company signed an MoU with MECL to jointly explore and develop critical mineral blocks in India and overseas, including the Phop Graphite-Vanadium block in Arunachal Pradesh.
PI Industries:
The company partnered with C-CAMP for exclusive biocontrol technologies, AphidControl and XanthoControl, targeting major agricultural pests and diseases.
SRF:
The company commissioned and capitalized the remaining part of its Fluorocarbon Refrigerant Gas expansion at Dahej for ?361 crores.
Swiggy:
The company approved an investment of ?1,000 crores in Scootsy Logistics via rights issue for working capital and business expansion.
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