Things I read yesterday as part of my stock research activities.
New Orders Received
🟢 Saatvik Green Energy bags ₹87 Cr order for solar PV modules from a leading IPP/EPC player.
🟢 Shaily Engineering Plastics bags ₹423 Cr pen injector supply order from a large domestic player.
🟢 Univastu India Limited receives work order worth ₹485.67 Cr from IRCON International.
🟢 Coforge secures a USD 158M (₹1400 Cr) 5-year contract with a UK-based client, starting April 2026.
Partnerships, Investments & Acquisitions
🟢 TCS and GitLab partner on AI software orchestration.
🟢 Savita Oil Tech expands strategic Mahindra partnership, targeting EV/immersion cooling and renewables with a new synthetic ester plant.
🟢 Mindspace REIT pre-leases 5.3 lakh sq ft in Hyderabad to Chalet Hotels for a ₹350 Cr luxury hotel project.
🟢 Advance Agrolife enters MOU with Bileshwar Pharmaceuticals to acquire 17,491 sq mtrs land at Dahej-II GIDC, Gujarat, for setting up a new technical pesticides manufacturing plant.
Core Business & Regulatory
🟢 Coal India arm SECL identifies 7 mine dumps for rare earth exploration.
🟢 Waaree Energies clarifies that the 126% US countervailing duty on solar products does not apply to the company as it does not use India-manufactured solar cells for US-bound products. US manufacturing capacity to substantially support existing US commitments.
🔴 Diageo sees organic sales down 2-3% on global weakness with operating profit growth flat.
Economy, IPO & Other
🟢 NSE International Exchange (NSE IX) will allow Indian investors to trade across 30+ international markets over the next 6 months via its Global Access platform, with the US as the first phase.
🟢 Israel’s Economy and Industry Minister states Israel is open to more Indian investment, mentions Adani Group’s Haifa Port, and affirms support for Adani Group.
🟢 Tesla Europe EV sales are down 17% while BYD Europe EV sales are up 165%.
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.