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VRIGHT Exchange | Research & Strategy Desk posted an update in the group VRIGHT Exchange | Daily Digest: Corporate & Economy
1 month agoORDER WINS
Atlanta: Bags ₹2,485 Cr Maharashtra expressway sub-contract from IRCON.
Adani Green Energy: Commences 408.1 MW Khavda (Gujarat) power project; total capacity now 16,486 MW.
Innovators Facade: Wins ₹93.77 Cr order from DLF for Chennai Downtown façade project.
CFF Fluid Control: Secures ₹11.69 Cr defence order for Navy’s P75 submarine project.
AGI Infra: Wins ₹325 Cr group housing project contract.
KNR Constructions: Gets ₹72.8 Cr Kukatpally flyover project (Hyderabad).
ITCONS E-Solutions: Secures ₹4.15 Cr manpower services contract from UP Power Transmission Corp.
ACQUISITIONS
GR Infraprojects: Buys Rajgarh Neemuch Power Transmission Ltd for ₹18.9 Cr.
Saraswati Commercial: Acquires 7 lakh convertible warrants in Tilaknagar Industries for ₹26.74 Cr.
COLLABORATIONS / MoUs
Optiemus Infracom: JV with Ordinary Theory USA for “Made in India” enterprise hardware.
Pricol: MoU with BOE Varitronix for advanced automotive display tech.
Swan Defence: Partners with Samsung Heavy for shipbuilding & maritime projects.
KP Energy: MoU with South Korea’s Jeonbuk Province for green hydrogen projects.
NEW PROJECTS & EXPANSION
Sri Lotus Developers: Bags redevelopment project at Bandstand, Bandra (W), Mumbai.
SJVN: Achieves 128.88 MW commissioning at 1,000 MW Bikaner Solar Project.
Olectra Greentech: Targets delivery of 3,000 buses in 12 months.
Keystone Realtors: Reports strong festive sales; GST 2.0 boosts luxury housing demand.
IT & SYSTEMS
LG Balakrishnan & Bros: Malware attack detected; systems secured.
Hemisphere Properties: E-auction of Pune land worth ₹130.56 Cr (Oct 1–3).
Tata Sons: Awaiting RBI nod for potential $200 Bn listing; holding structure in focus.
Hind Rectifiers: Sinnar backward integration plant ready; commercial ops in 30 days.
Electronics Mart: To receive ₹7.53 Cr insurance claim for fire-hit godown.
Zydus Lifesciences: Extends API business acquisition deadline (Sterling Biotech) to Dec 2025.
DCM Shriram: NCLT reserves order on group restructuring scheme.
Dynamatic Tech: Hosts Airbus board in India; explores AI-based inspection tech.
United Spirits: Aadar Poonawalla among RCB buyers; franchise value pegged near $2B.
Allied Blenders: Commissions ₹115 Cr PET bottling plant in Telangana; margin gains expected.
TVS Supply Chain: Expands Iowa facility; eyes $500M US revenue.
PN Gadgil: Opens 63rd store (Mumbai).
Cantabil Retail: Adds 11 new stores in Sept; total 632.
Cement stocks: IMD forecasts above-normal rainfall (Oct–Dec).
Subex: Bags $5.6 Mn 5-yr contract extension with APAC CSP.
Investor Takeaway:
Heavy order inflows across infra, defence, and real estate signal strong Q3 momentum. Leadership churn in VIP, SKF, and Subex raises governance watch. Regulatory easing on gold loans supports banking/finserv. Above-normal rainfall outlook could aid cement & agri-linked demand.

