Morning Glance 11 May 2026 by ARETE Securities Ltd
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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 151 points lower at 24,176 on Friday.
ACME Solar Holdings
The company reported FY26 revenue of Rs 2,507 crore, commissioned 2.31 GWh of battery energy storage systems (BESS), and secured 301 MW of firm and dispatchable renewable energy (FDRE) capacity.
Biocon
The company approved the acquisition of an additional 2% stake in Biocon Biologics Limited via a share-swap arrangement valued at up to Rs 330.73 crore.
Gravita India
The company approved setting up a Rs160 crore copper recycling plant in Mandvi, Gujarat with a capacity of 29,400 MTPA, with operations expected to commence within 12 months.
Hyundai Motor India
The company announced plans to expand its Pune manufacturing capacity to 1.14 million units annually by 2030.
JSW Infrastructure
The company announced plans for Rs 30,000 crore capex and Rs 9,000 crore logistics expansion, and reported a Rs 67.83 crore fire loss at its Fujairah terminal, with permission also received to commence operations at Berth 7 at NSD, Kolkata.
KPI Green Energy
The company received Notifications of Award (NOAs) from NTPC Renewable Energy Limited for a 500 MW solar BOS project in Rajasthan worth Rs 621 crore.
Larsen & Toubro
The company won a significant EPC order from BCGCL for a coal-to-ammonium-nitrate project in Odisha on May 8, 2026.
Oberoi Realty
The company completed the HHPL resolution plan on May 7, 2026, infusing Rs 460 crore and gaining control of the entity.
Texmaco Rail
The company won an order from Kochi Metro Rail Limited worth Rs 130.22 crore for ballastless track work, to be executed over 16 months.
Titan Company
The company reported FY26 revenue of RS 78,089 crore and PAT of Rs 4,630 crore, and completed the acquisition of a 67% stake in Damas.
Ujjivan Small Finance Bank
The company reported Q4FY26 PAT growth of 238% to Rs 282 crore and board approved an equity fundraise of up to Rs 2,000 crore.
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