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2025-05-06 09:13:06 am | Source: ARETE Securities Ltd
Stock Insights : BLS International Services,CEIGALL India, Glenmark Pharmaceuticals,Goldiam International, G R Infraprojects,Ircon International, Reliance,Senores Pharmaceuticals, UltraTech Cement - ARETE Securities Ltd
Stock Insights : BLS International Services,CEIGALL India, Glenmark Pharmaceuticals,Goldiam International, G R Infraprojects,Ircon International, Reliance,Senores Pharmaceuticals, UltraTech Cement - ARETE Securities Ltd

Market Updates

The markets are expected to open marginally higher today astrends in GIFT NIFTY indicate a positive start for the broader indexafter NIFTY closed 114 points higher at 24,461 on Monday.

BLS International Services

The company’s step-down subsidiary in Singapore completed acquisitionof 100% equity in Beijing Biaoshi Enterprise Consulting, China.

CEIGALL India

The company’s subsidiary signed a Concession Agreement with NHAI for a6-lane bypass project in Punjab with a bid of Rs.923 crores and a bid projectcost of Rs.1,063.79 crores, with a 24-month completion.

Glenmark Pharmaceuticals

The company’s subsidiary Ichnos Glenmark Innovation received U.S. FDAFast Track designation for ISB 2001 in relapsed/refractory multiplemyeloma.

Goldiam International

The company received Rs.80 crore export orders for manufacturing andexporting lab-grown diamond jewellery, to be fulfilled by July 2025.

G R Infraprojects

The company received Advance Work Order worth Rs.1,257.29 crore fromBSNL for Bharatnet Kerala project with 3 years execution and 7 yearsO&M.

Ircon International

The company received an order worth Rs.187 crore from Kerala State ITInfrastructure for the construction of a dedicated rural industrial park inThiruvananthapuram

Reliance

The company successfully exited the Tapti offshore project with ONGCand Shell after decommissioning five wellhead platforms and 38 wells,enhancing India's offshore and onshore capabilities.

Senores Pharmaceuticals

The company acquired the USFDA-approved ANDA for Topiramate HCltablets from Wockhardt Limited, with a U.S. market size of ~$111.47million.

UltraTech Cement

The company increased its domestic grey cement capacity by 1.4 mtpa,bringing total domestic capacity to 184.76 mtpa, global capacity to 190.16mtpa, including 5.4 mtpa overseas.

 

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