Stock Insights : Cipla Ltd, Hind Rectifiers Ltd, Lemon Tree Hotels Ltd, Shriram Properties Ltd, Tata Capital 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 41 points higher at 25,763 on Monday.
Cipla
The company entered definitive agreements to acquire 100% stake in Inzpera Healthsciences for Rs.110.65 crore, making it a wholly owned subsidiary.
Hind Rectifiers
The company commenced commercial production of specialised copper conductors at its Sinnar plant, enhancing transformer production efficiency and reducing external dependency.
Info Edge
The company approved an investment of about Rs.100 crore in its wholly owned subsidiary Redstart Labs (India) Ltd to meet capital needs, explore investment opportunities, and for general corporate purposes.
Knowledge Marine & Engineering Works
The company signed MoUs worth Rs.1,560 crore with Mumbai Port, VOC Port, and Maharashtra Maritime Board for multi-year tug, patrol, and ship services.
Lemon Tree Hotels
The company launched its 9th property in Uttarakhand — Lemon Tree Hotel, Mall of Dehradun — featuring 98 rooms, a restaurant, and banquet facilities.
Lloyds Engineering Works
The company received a Rs.613 crore plus €18 million order from SAIL-IISCO Steel Plant for 4.2 MTPA pellet project as consortium partner.
Manaksia Coated Metals & Industries
The company signed MoUs worth Rs.500 crore with European clients to supply 50,000 MT coated steel products, boosting export momentum and capacity utilization.
Shriram Properties
The company signed a JDA for a 5-acre land parcel on Bannerghatta Road, Bengaluru, to develop villaments with GDV potential of Rs.350 crore.
Smartworks Coworking Spaces
The company leased over 8.15 lakh sq. ft. at Eastbridge, Mumbai, the world’s largest managed office campus, going operational in Q4 CY26.
Tata Capital
The company partnered with GCF under the BEACON INDIA Programme to receive a $15.85 million revolving facility and $3 million grant supporting climate-tech start-ups.
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