Things I read yesterday as part of my stock research activities.
New Orders Received
🟢 HFCL secures export orders worth $72.96 million (₹656.10 Cr) via its overseas subsidiary to supply optical fiber cables, enhancing its global telecom product footprint.
🟢 Renew Photovoltaics receives Andhra government approval for a ₹4,000 Cr solar ingot and wafer manufacturing facility.
🟢 Hazoor Multi Projects wins an infrastructure order worth ₹235.4 Cr.
🟢 SPML Infra wins a ₹207 Cr Jal Jeevan Mission order to augment water supply systems in Rajasthan.
🟢 Ashoka Buildcon receives a ₹447.21 Cr additional work order from BMC for the Sion–Panvel highway flyover project.
🟢 MTAR Technologies wins ₹194 Cr orders from new customer Megha Engineering for civil nuclear power components linked to Kaiga 5 & 6 units, deepening energy exposure.
🟢 Dynamatic Technologies signs deal with Dassault Aviation to manufacture and assemble the complete rear fuselage of Falcon 6X business jets.
🟢 Cochin Shipyard bags a significant ₹250–500 Cr order from Svitzer, Denmark to build advanced electric transverse tugs.
🟢 Zen Technologies secures a ₹120 Cr Ministry of Defence contract to set up India’s first Combat Training Node at Mhow, installing over 60 combat simulators.
🟢 G R Infraprojects signs an EPC agreement worth ₹290.23 Cr for construction of the Giridih bypass.
Core Business & Regulatory
🟢 Ola Electric launches mass deliveries of vehicles powered by its in-house 4680 Bharat Cell, becoming India’s first fully integrated battery cell and pack manufacturer.
🟢 Delhivery successfully tests an autonomous logistics drone in Deoria, completing a 12 km delivery in minutes and showcasing high-speed rural connectivity potential.
🟢 NBCC sells 175 residential units at Aspire Leisure Valley, Greater Noida for about ₹485.41 Cr.
🟢 Godavari Biorefineries secures a US patent for anti-cancer compounds, enhancing its specialty chemicals portfolio.
🟢 IndiGo reports operations back on track with over 1,650 flights versus ~1,500 earlier, on-time performance improving to 75% and refund/luggage processes actively handled.
🔴 IndiGo officials are summoned by the Civil Aviation Ministry as government considers heavy financial penalties, flight curbs and possible CEO removal after the chaos.
Partnerships & Acquisitons
🟢 Patanjali Group signs an MoU and agreement with the Government of Moscow/Russia to supply skilled labour and wellness services.
🟢 Shriram Pistons & Rings plans to acquire 100% of Grupo Antolin’s Indian operations for about ₹1670 Cr, entering the automotive interior solutions segment.
🟢 Sun Pharma unit plans a ₹3,000 Cr investment to build a new manufacturing plant in Madhya Pradesh, expanding formulation capacity and regional footprint.
Economy, Industry & Other
🟢 CoinDCX report shows women’s participation in crypto doubling YoY, with Ethereum and Dogecoin emerging as the most popular tokens among female investors.
🟢 India’s smartphone industry exports to the US triple to $1.47 billion in October, underscoring rapid scale-up of domestic electronics manufacturing.
🟢 India-Russia joint statement highlights plans to deepen cooperation in critical minerals, rare earth processing and advanced defence R&D partnerships.
🟢 PM Modi says the Chennai–Vladivostok maritime corridor will become a reality soon, promising shorter shipping routes and stronger Indo-Russian trade ties.
🟢 India-US trade talks are scheduled to begin in New Delhi on 10 December, aiming to address tariffs, market access and strategic economic cooperation.
That’s it for today.
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Disclaimer: Anand Ganapathy K is a SEBI-registered Research Analyst with SEBI registration number INH000016630. This post is purely for learning purposes to understand more about the business. It does not recommend buying or selling stocks mentioned in this newsletter. Securities market investments carry market risks. Kindly review all related documents before investing.