Things I read yesterday as part of my stock research activities.
New Orders Received
🟢 CEIGALL INDIA secured an LoA from Rewa Ultra Mega Solar for a 220 MW unit at Morena Solar Park, MP, valued at ~₹1,700 Cr.
🟢 RailTel Corporation of India has received a ₹454.95 crore Letter of Acceptance from West Central Railway for a signalling and telecommunication project, to be executed over 960 days till 24 September 2028.
🟢 AXISCADES Technologies won a large LCA Mk1A avionics hardware production order, including ~₹80 crore HAL contract to supply mission computers and smart multifunction displays.
Partnerships, Investments & Acquisitions
🟢 United Spirits (Diageo subsidiary) put RCB up for sale in November 2025. Reports indicate Manchester United co-owner Avram Glazer bidding ~₹16,300 Cr via Lancer Capital for ownership.
🟢 Marico will acquire a 75% stake in premium skincare brand SkinetIQ for about ₹262 crore, aiming to scale its presence in high-growth derma and skincare categories across channels.
🟢 Gravita India has agreed to acquire Rashtriya Metal Industries for ₹565 crore in an all-cash deal, marking its entry into copper recycling. Expanding its portfolio beyond lead and aluminium recycling capabilities.
🟢 Blue Cloud Softech Solutions announced a phased $1B investment plan for AI-native data centers and cloud infrastructure, targeting up to 800 MW capacity nationwide.
Core Business & Regulatory
🟢 TVS Motor strengthened its Egypt presence by launching TVS Ronin and TVS NTorq Race Edition.
🟢 RBI approved Vijay Anandh as new MD & CEO of City Union Bank effective May 1, ensuring leadership continuity as the bank executes growth and asset-quality priorities.
Economy, IPO & Other
🟢 Gujarat has signed a Letter of Intent (LoI) with Starlink to deploy high‑speed satellite broadband, focusing on remote, border, tribal and underserved areas with weak telecom infrastructure.
🟢 Indian tea, coffee, spice and seafood exporters may gain from the latest US deals, improving competitiveness versus China and supporting higher realisations.
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. We do not recommend buying or selling stocks mentioned in this newsletter. Securities market investments carry market risks. Kindly review all related documents before investing.