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2025-11-11 08:51:40 am | Source: ARETE Securities Ltd
Stock Insights : Bharat Electronics Ltd, Emcure Pharma Ltd, JSW Steel Ltd, RVNL Ltd, Vikran Engineering Ltd - ARETE Securities Ltd
Stock Insights : Bharat Electronics Ltd, Emcure Pharma Ltd, JSW Steel Ltd, RVNL Ltd, Vikran Engineering 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 82 points higher at 25,574 on Monday.

Bharat Electronics

The company secured additional orders worth Rs.792 crore, including defence network upgrades, radars, communication equipment, drones, combat systems, gun sighting, spares, and services.

Emcure Pharma

The company became the first Indian firm with exclusive rights to distribute and commercialise Poviztra® semaglutide 2.4 mg for weight loss in India.

Indegene

The company’s subsidiary Indegene Ireland signed an agreement to acquire 100% in Cake Group for up to €8.5 million to expand its European healthcare marketing presence.

JSW Steel

The company reported consolidated crude steel production of 24.95 lakh tonnes in October, up 9% YoY, with Indian operations capacity at 83%.

Mahindra EPC Irrigation

The company received a Rs.19.21 crore order from Community Micro Irrigation Project for allied works to be completed within twelve months.

NBCC India

The company signed a strategic MoU with Pantheon Elysee Real Estate UAE to collaborate on construction, development, and mixed-use projects across UAE.

RVNL

The company received a Rs.144.44 crore LOA from South Central Railway for OHE upgradation from 1x25kV to 2x25kV in the Ramgundam–Kazipet section.

Swan Defence and Heavy Industries

The company signed an LoI with Rederiet Stenersen AS to build six 18,000 DWT hybrid chemical tankers valued at $220 million.

Syrma SGS Technology

The company approved acquisition of Elcome Integrated Systems and Navicom Technology for Rs.235 crore to expand presence in defence and maritime equipment manufacturing.

Transformers and Rectifiers (India)

The company secured a Rs.103.45 crore order from GETCO for manufacturing and delivering 54 various types of transformers next year.

Vikran Engineering

The company received a Rs.1,641.91 crore LOA from Carbonminus Maharashtra One for a 505 MWAC solar project under MSEDCL LIS scheme in Maharashtra.

Waaree Renewable Technologies

The company received an enhanced Rs.27.22 crore EPC contract scope for a 980 MWp solar plant, taking total order value to Rs.1017.82 crore.

 

 

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