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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 100 points lower at 24,668 on Monday.

Economic Update:

November’s trade deficit widened to $37.84 billion, surpassing forecasts,with imports rising +8.35% YoY to $69.95 billion and exports up +2.17% YoYto $32.11 billion. Petroleum exports fell -18.9% YoY, while non-petroleumexports increased to $28.40 billion. Gold imports surged +49.08% YoY to$14.8 billion.

Bharat Global Developers:

The company completed a Rs.300 crore Fluidized Catalytic Cracker project forReliance Industries, contributing to its order book of Rs.1,500 crore.

Caplin Point Laboratories:

The company’s subsidiary, Caplin Steriles, received USFDA approval forDifluprednate Ophthalmic Emulsion 0.05%, targeting a $21 million US market.

DroneAcharya Aerial Innovations:

The company expanded to Abu Dhabi, UAE, establishing DRONE ENTRYAERIAL SERVICES - L.L.C., holding 99% stake for drone-based services.

Godavari Biorefineries:

The company plans to invest Rs.130 crore in a 200 KLPD corn/grain-baseddistillery, enhancing ethanol production flexibility, with commissioning inQ4 FY 2026.

HPCL:

The company approved the Rs.4,679 crore "Lube Modernization and BottomsUpgradation Project" at Mumbai Refinery to boost LOBS production to 764KTPA and Bitumen production by 487 KTPA.

Insolation Energy:

The company set a consolidated revenue target of Rs.8,000 crore ($1 billion)and approved the allotment of 45 acres (1,82,108.5 sq. mtr) in MadhyaPradesh for a solar integrated plant, with a proposed investment of Rs.1,800crore.

JSW Energy:

The company secured multiple renewable energy projects, increasing itstotal locked-in generation capacity to 20 GW, including PPAs with DCMShriram and Indus Towers.

LTIMindtree:

The company launched a Cyber Defense Resiliency Center in Bengaluru,leveraging AI and GenAI to strengthen global cybersecurity capabilities.

NBCC (India):

The company secured work orders worth Rs.489.60 crore, including Rs.459.60crore for Eklavya Model Schools in Chhattisgarh.

Patanjali Foods:

The company commenced commercial production at Niglok Palm Oil ProcessingMill in Arunachal Pradesh with a crushing capacity of 5 MTs per hour.

Waaree Energies:

The company received orders for 398 MW of solar modules for two projects(249 MW and 149 MW) from a renowned domestic customer.

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