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2025-09-22 09:15:13 am | Source: ARETE Securities Ltd
Stock Insights : CESC Ltd, Godrej Consumer Products Ltd, KP Green Engineering Ltd, NBCC India Ltd, Shakti Pumps Ltd, Zen Technologies Ltd - ARETE Securities Ltd
Stock Insights : CESC Ltd, Godrej Consumer Products Ltd, KP Green Engineering Ltd, NBCC India Ltd, Shakti Pumps Ltd, Zen Technologies 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 96 points higher at 25,327 on Friday.

CESC

The company’s subsidiary CESC Green Power is setting up 3+ GW solar cell plant, battery unit, 60 MW RE plant with Rs.5,000 crore investment.

Ceigall India

The company emerged L-1 bidder for 220 MW solar plus BESS project at Morena Solar Park, MP valued around Rs.1,700 crore.

Garden Reach Shipbuilders & Engineers

The company signed a $62.44 million contract with Carsten Rehder, Germany for four hybrid multi-purpose vessels construction.

Godrej Consumer Products

The company infused $85 million equity in wholly owned subsidiary Godrej Mauritius Africa Holdings to strengthen the balance sheet while retaining full ownership.

Hind Rectifiers

The company acquired France-based BeLink Solutions for €1 million, creating a European hub for robotics, power electronics and EMS expansion.

Hindustan Copper

The company signed an MoU with Oil India to jointly explore and develop copper and critical minerals in India and overseas.

KP Green Engineering

The company secured new orders worth Rs.54.60 crore across solar, transmission towers, isolators, crash barriers, rooftop, and cable trays segments.

L&T

The company’s Construction and Industrial Products vertical won significant Rs.1,000–2,500 crore orders across mining, tyre machinery, valves, and after-sales support in India.

NBCC India

The company secured Rs.117 crore work orders from HUDCO for projects in Ghaziabad, Panchkula, Ahmedabad and New Delhi under project management consultancy.

Netweb Technologies India

The company received a Rs.450 crore purchase order from a domestic client for supply and deployment of Tyrone AI GPU-accelerated systems.

Ramky Infrastructure

The company’s subsidiary Mallannasagar Water Supply signed Rs.2,085 crore concessionaire agreement with HMWSSB for Godavari water supply project under HAM.

Shakti Pumps

The company completed three tranches of 34,720 off-grid solar pumps empanelled with MSEDCL, with 25,578 pumps already selected by farmers.

Swan Defence and Heavy Industries

The company signed Rs.4,250 crore MoU with Gujarat Maritime Board to expand shipyard, develop maritime cluster and training centre.

Zen Technologies

The company’s stake in Aituring Technologies diluted to 49%, resulting in ATPL ceasing as a subsidiary and becoming an associate entity.

 

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