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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 0.3 points higher at 25,461.3 on Monday.

Biocon

The company’s subsidiary Biocon Biologics received UK MHRA approval for Denosumab biosimilars Vevzuo® and Evfraxy® for oncology and osteoporosis use.

DCX Systems

The company received a 15-year industrial license from CSEZ to produce radar, EW systems, avionics, and defence electronics at its Bengaluru SEZ unit.

Garware Technical Fibres

The company, via its UK subsidiary, completed 100% acquisition of Norway-based OTS and AMS, making them step-down wholly owned subsidiaries.

HCL Technologies

The company launched Domino 14.5 under HCLSoftware, featuring “Domino IQ” Sovereign AI for governments and regulated clients prioritizing data privacy and compliance.

JK Lakshmi Cement

The company received LoI from AMDCL as H1 bidder to operate 630 ha New Umrangso limestone mines and set up an integrated cement plant in Assam.

JSW Energy

The company commissioned 261 MW RE (189 MW solar, 72 MW wind), raising total installed capacity to 12,760 MW, with renewables now forming 56%.

JSW Infrastructure

The company received a 30-year DBFOT LOA from Kolkata Port for berth mechanization and reconstruction with a capex of Rs.740 crore and 2-year execution.

Kotak Mahindra Bank

The company reported Q1FY26 EOP deposits of Rs.5,12,838 crore, up +14.6% YoY and +2.8% QoQ, and net advances of Rs.4,44,731 crore, up +14.0% YoY and +4.2% QoQ.

Navin Fluorine

The company approved Rs.750 crore QIP at floor price of Rs.4,798.28 per share with option to offer up to 5% discount.

NLC India

The company approved Rs.1,630.89 crore equity infusion into wholly owned arm NLC India Renewables to fund green energy projects, and an ECB of $100 million from SMBC for CAPEX.

Prestige Estates Projects

The company acquired 49% in Prestige Notting Hill for Rs.300 crore and 48.99% in Prestige AAA Investments for Rs.25.6 crore, consolidating 100% and 99.99% stakes respectively.

Puravankara

The company redeveloped 8 societies in Chembur, Mumbai with 1.2 msft potential on 4 acres, targeting Rs.2,100 crore GDV.

Tata Motors

The company’s subsidiary JLR reported Q1FY26 wholesales at 87,286 units (↓10.7% YoY) and retails at 94,420 units (↓15.1% YoY).

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