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2025-07-16 09:07:14 am | Source: ARETE Securities Ltd
Stock Insights : Brigade Enterprises Ltd, Cupid Ltd, GAIL Ltd, L&T Finance Ltd, Poonawalla Fincorp Ltd, Pricol Ltd - ARETE Securities Ltd
Stock Insights : Brigade Enterprises Ltd, Cupid Ltd, GAIL Ltd, L&T Finance Ltd, Poonawalla Fincorp Ltd, Pricol Ltd - ARETE Securities Ltd

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 113 points higher at 25,195 on Tuesday.

Brigade Enterprises

The company’s flexible office brand BuzzWorks expanded in Hyderabad with a new 50,000 sq ft, 1,000-seat centre at Mindspace Business Park, HITEC City.

Container Corporation of India

The company signed an MoU with Rais Hassan Saadi Group, Dubai to jointly explore overseas logistics and enhance multimodal connectivity.

Cupid

The company made its first strategic Middle East entry by investing in GII Healthcare Investment, which holds a stake in a Saudi healthcare provider.

Dixon Technologies (India)

The company signed a binding term sheet to acquire 51% in Q Tech India for camera and fingerprint modules, and another with Chongqing Yuhai Precision to form a 74:26 JV for precision components for mobiles, laptops, IoT, and automotive.

GAIL

The company signed a 10-year LNG SPA with Vitol Asia for supply of 1 MMTPA LNG starting 2026, sourced from Vitol’s global portfolio.

Himadri Speciality

The company’s Board approved setting up a wholly owned subsidiary in UAE named Alliance Worldwide LLC to expand its overseas business operations.

KPI Green Energy

The company received 150MW LOI from GUVNL for a wind power project under Phase IX tender and PPA signing awaiting GERC approval.

L&T Finance

The company allotted Rs.1,000 crore NCDs via private placement for 2-year tenure at 7.12%, secured by charge on fixed deposits/standard receivables.

Lemon Tree Hotels

The company opened Lemon Tree Hotel in Erode, Tamil Nadu with 64 rooms, a multi-cuisine restaurant, and a conference facility.

Poonawalla Fincorp

The company allotted Rs.1,005 crore secured listed NCDs at 7.5% for 2 years 71 days via private placement under Series D1 FY26.

Pricol

The company signed a technology license pact with Italy’s DOMINO S.r.l. to co-develop advanced handlebar controls for India and Southeast Asia

 

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