Things I read yesterday as part of my stock research activities.
New Orders Received
🟢 KEC International announces fresh orders worth ₹1,016 Cr across key transmission and distribution segments.
🟢 WPIL won a ₹426 Cr water works contract in South Africa, strengthening its international order book and execution visibility in African water infrastructure projects.
🟢 NBCC reports a new construction order of about ₹498 Cr from Damodar Valley Corporation in Jharkhand, adding to its government project pipeline.
🟢 IRB Infra has bagged a large NHAI project worth about ₹9,270 Cr, boosting future toll and construction revenue visibility.
🟢 Pace Digitek wins a significant energy sector contract worth about ₹930 Cr.
🟢 Saatvik Green secures a renewable energy contract worth about ₹178 Cr
🟢 Paras Defence and Space Technologies receives a ₹71.68 Cr order from IRDE DRDO for 2 optronic periscopes for submarine applications, with execution targeted in August to September 2026.
Core Business & Regulatory
🟢 Puravankara signs a lease agreement with IKEA for retail space at Purva Zentech Park in Bengaluru, anchoring a marquee global tenant for its commercial project.
🟢 Cyient introduces the ARKA GKT 1 chip, India’s first generation IP powered silicon designed with Azimuth AI for edge AI and smart energy applications, supporting semiconductor self reliance.
🟢 Jio Financial Services through the JioFinance app launches a new feature allowing users to link and analyse all bank accounts, mutual funds and stock portfolios in one consolidated dashboard.
🟢 Max Healthcare Institute outlines plans to add over 8,300 beds with about 4,800 beds in the next 3 to 4 years through brownfield, greenfield, asset light models and digital plus AI initiatives.
🟢 Tata Power commissions a 300 MW solar project in Bikaner, adding sizeable green generation capacity
🟢 PTC Industries announces expansion of its Gujarat facility, adding over 50,000 square feet of shop floor area to support future aerospace and defence casting demand.
Partnerships, Investments & Acquisitons
🟢 JSW Infra agrees to acquire a 51% stake in an Oman port special purpose vehicle and commits about $419 million for development, expanding its international ports portfolio.
🟢 HCLTech launches an innovation lab with Nvidia in Santa Clara focused on physical AI and cognitive robotics, aiming to co create advanced AI solutions for global enterprises.
🟢 AstraZeneca Pharma India partners with Sun Pharma to commercialise SZC for hyperkalaemia, to be marketed as Lokelma and Gimliand. AstraZeneca receives ₹26 Cr from Sun Pharma.
🟢 KPIT Technologies raises its stake to 90% in N Dream AG for €2.82 million, deepening its presence in automotive gaming and cockpit experience software.
🟢 Kings Infra signs an MoU with the Andhra Pradesh government to develop a ₹2,500 Cr Kings Maritime Aquaculture Technology Park over 500 acres.
Economy, Sectors & Other
🔴 Government restricts imports of precious metal jewellery until 30 April 2026, tightening controls that may pressure jewellery trade volumes in the near term.
🔴 Commerce ministry data show October gold imports surged to about $14.72 bn and silver imports to about $2.72 bn, sharply higher year on year and adding stress to external balances.
🔴 India trade data show October exports fell 11.8% to $34.38 bn while imports rose 16.63% to $76.06 bn, widening the monthly trade deficit to $41.68 bn and signalling external pressure.
🟢 Indian Railways allows premium single brand outlets such as McDonald’s and KFC at stations, opening regulated retail opportunities on railway premises.
🟢 Supreme Court suggests a phased ban on luxury petrol and diesel cars to accelerate electric vehicle adoption, hinting at future policy direction for auto and fuel markets.
🟢 CBDT indicates new income tax rules will be notified by year end or early next year, signalling an updated framework for taxpayers and advisors.
Company Results
Source: Company Filings, Finvezto Toolkit
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