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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 153 points higher at 26,186 on Friday.

BEML

The company signed a tripartite MoU with HD Korea Shipbuilding and HD Hyundai Samho Heavy Industries in Bangalore to develop and support next-generation maritime and port cranes in India.

Bondada Engineering

The company received a 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.

CEAT

The company approved issuing Rs.250 crore unsecured NCDs in multiple tranches and investing ~INR 2.07 crore in PT CEAT Tyres Indonesia, retaining ~99.93% stake, Mumbai.

Diffusion Engineers

The company received a domestic order worth Rs.7.98 crore in India for supplying 6 intermediate and 2 concentrate thickeners, with completion by August 2026.

Fineotex Chemical

The company acquired U.S.-based CrudeChem Technologies to enter the $11.5 billion North America oilfield chemicals market and target a $200 million business.

GFCL

The company’s subsidiary GFCL EV in Noida received ~US$50 million investment from IFC to build India’s first integrated battery materials facility for EV and energy storage.

G R Infraprojects

The company executed an EPC agreement with the State Highways Authority of Jharkhand for constructing the 26.672 km Giridih Bypass (towards Tundi) for Rs.290.23 crore in Jharkhand.

MTAR Technologies

The company secured Rs.194 crore in civil-nuclear orders as part of the confirmed Rs.504 crore package for the Kaiga 5 and 6 reactors.

PTC Industries

The company’s subsidiary Aerolloy Technologies in Lucknow signed a long-term agreement with Honeywell Aerospace to supply Titanium and Superalloy castings.

Samvardhana Motherson International

The company’s JV SAMRX partnered with Adani Ports at Dighi Port, Maharashtra, to develop a RoRo terminal handling ~200,000 cars annually.

Shriram Pistons & Rings

The company signed a definitive agreement in New Delhi to acquire 100% stake in ALIPL, GAIPL and GACPL for Rs.1,670 crore; the target firms generate Rs.1,179.1 crore annual revenue.

Waaree Energies

The company’s subsidiary Waaree Solar Americas received an international order to supply 288 MW solar modules in FY2026-27 to a US renewable developer.

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