Stock Insights : JSW Steel Ltd, Tata Power Ltd, BEML Ltd, Delhivery Ltd, ACME Solar Ltd- ARETE Securities Ltd
Market Updates
The markets are expected to open marginally lower today as trendsin GIFT NIFTY indicate a negative start for the broader index afterNIFTY closed 143 points lower at 25,968 on Friday.
ACME Solar
The company signed Battery Energy Storage Purchase Agreements with NHPCfor 275 MW / 550 MWh to support clean energy integration and grid reliability.
BEML
The company received an order worth Rs.185.65 crore from the Ministry ofDefence for supply of bulldozers in regular business.
Brigade Enterprises
The company acquired a 20.19-acre land parcel in Bengaluru's Whitefield–Hoskote corridor for Rs.588.33 crore through subsidiary Ananthay Properties.
Delhivery
The company completed acquisition of 78.75% in Ecom Express for Rs.1,369crore and the balance 21.12% stake transfer is under process.
Godrej Properties
The company acquired ~48 acres in Doddaballapur, Bengaluru with ~1.1million sq. ft. residential plotted development potential near STRR.
Hexaware Technologies
The company, along with its subsidiary, completed acquisition of 100%stake in SMC Squared and its India entities as per agreed terms.
Jio Financial Services
The company formed a 50:50 reinsurance JV with Allianz Europe B.V. andalso signed term-sheets for general and life insurance JVs in India.
JSW Steel
The company approved acquisition of 100% in Saffron Resources, potential24.9% stake in JSSL, and a JV with APMDC for Rs.1,075 crore iron ore project.
Reliance Industries
The company’s subsidiary Reliance Retail acquired Kelvinator to strengthen itspresence in India’s consumer durables and premium home appliances market.
Sona BLW Precision Forgings
The company signed a term sheet to form a China-based JV with JinnaiteMachinery to manufacture driveline systems and components with $12million investment and operations starting in H2 FY26.
Tata Power
The company’s arm TPREL secured its first 120 MWh BESS PurchaseAgreement from NHPC for Kerala SEB under a 12-year BESPA project.
Waaree Energies
The company’s subsidiary Waaree Solar Americas received an internationalorder to supply 500MW solar modules in FY26-27 to a US-based utility-scalesolar and energy storage project developer.
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