Stock Insights : Bharat Electronics Ltd, CMS Info Systems Ltd, Cyient Ltd, Mahindra Lifespace Developers Ltd, NLC India Ltd, Tata Power Ltd - ARETE Securities Ltd
Market Updates
The markets are expected to open marginally higher today as trends in GIFT NIFTY indicate a positive start for the broader index after NIFTY closed 169 points higher at 25,239 on Tuesday.
Bharat Electronics
The company secured additional orders worth Rs.712 crore for IT infra, cyber security, ESM systems, communication equipment, spares, and services.
CMS Info Systems
The company acquired 15.14 lakh CCPS representing 53.89% in Securens Systems, with plans to purchase remaining shares in tranches.
Cyient
The company’s semiconductor arm partnered with Anora to establish a Bangalore test facility, offering integrated end-to-end validation and production solutions for customers.
Godrej Industries
The company approved issuance of 80,000 rated listed unsecured redeemable NCDs of Rs.1,00,000 each, aggregating to Rs.800 crore on private placement basis.
Interarch Building Solutions
The company commissioned a new Uttarakhand box column line and Andhra Pradesh Phase 2 PEB unit, raising capacity beyond 200000 MT annually.
Larsen & Toubro
The company’s Heavy Civil Infrastructure unit won a significant NPCIL order for mechanical works at the 2X1000 MWe Kudankulam Nuclear Power Project.
Mahindra Lifespace Developers
The company was chosen to redevelop two housing societies in Chembur, Mumbai with a combined gross development potential of Rs.1,700 crore.
Metropolis Healthcare
The company incorporated Metropolis Quality Solutions as a wholly owned subsidiary to develop technology-driven products and services in the healthcare sector.
NLC India
The company received LoI from Chhattisgarh government for Semhardih and Raipura phosphorite & limestone blocks in Balod, strengthening resource base.
Quality Power Electrical Equipments
The company received a domestic order worth Rs.11.5 crore for supply of reactors to a STATCOM project, executable in 12 months.
RailTel Corporation of India
The company received Rs.57.49 crores LOA from Bihar State Educational Infrastructure Development Corporation to develop hybrid Smart Classrooms and ICT Labs.
Tata Power
The company’s subsidiary TPREL partnered with Suzlon to co-develop 838 MW wind energy projects across multiple states, strengthening its renewable portfolio.
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