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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 225 points lower at 24,837 on Friday.

Bharat Dynamics

The company received a Rs.809 crore order from Armoured Vehicles Nigam for supply of an ATGM system to be executed over 3 years.

Bharat Electronics

The company signed a Rs.1,640 crore contract with MoD to supply DRDO-designed Air Defence Fire Control Radars to the Indian Army.

Brigade Enterprises

The company launched 'Brigade Avalon', a 206-unit ultra-premium residential project in Whitefield, Bengaluru, with revenue potential exceeding Rs.1,000 crore.

Dr. Reddy’s Laboratories

The company invested Rs.565.4 crore in DRL Russia for a 45.19% equity stake to support its working capital requirements.

GAIL

The company received a PNGRB nod to double the capacity of its Jamnagar-Loni LPG pipeline from 3.25 MMTPA to 6.5 MMTPA, supporting future growth.

G E Shipping

The company contracted to buy a 2015-built Kamsarmax Dry Bulk Carrier (81,843 dwt), delivery expected by Q3 FY26, funded via internal accruals.

JSW Energy

The company’s arm JSW Neo signed its first 25-year FDRE PPA with SECI for 230?MW at Rs.4.98/unit under Tranche IV scheme.

L&T Technology Services

The company secured a ~$60 million multi-year software engineering deal from a US Tier-I telecom provider to support network software automation.

Oil India

The company formed a JV named Assam Valley Fertilizer and Chemical with 18% stake along with GoA, NFL, HURL, and BVFCL to set up Namrup IV plant.

Petronet LNG

The company approved investment of Rs.6,354.80 crore to set up a 5?MMTPA land-based LNG terminal at Gopalpur, replacing earlier 4?MMTPA FSRU plan.

RITES

The company received Rs.177.23 crore LOI from Bharat Electronics for 24-month PMC and construction of mass manufacturing facility at Palasamudram, AP.

VA Tech Wabag

The company secured a Rs.380 crore DBO order from BWSSB, funded by the World Bank, for energy-efficient water reuse facilities in Bengaluru.

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