“We continue to favor themes such as PSU banks, oil marketing companies, and defense, while using dips to accumulate quality names from the metal and auto sectors,” said Ajit Mishra – SVP, Research, Religare Broking.
In today’s trade, shares of Adani Green, M&M, Kalyan Jewellers, ONGC, Brigade Enterprises among others will be in focus due to various news developments.
Zydus Life
Zydus Lifesciences said it has received final approval from the US health regulator for its generic version of Deflazacort oral suspension used in treating a severe form of inherited muscular dystrophy. The approval by the USFDA is for Deflazacort oral suspension of strength 22.75 mg/ml, the company said in a regulatory filing.
KEC International
EPC major KEC International said it has secured new orders worth Rs 1,102 crore across various businesses. The company, in a statement, said its civil business has secured an order for civil and structural works of a 150 MW thermal power plant from a leading private player in India. The T&D (transmission and distribution) business has bagged orders for the supply of towers, hardware & poles in the Americas and the Middle East.
M&M
Automaker Mahindra & Mahindra launched a new range of its popular Bolero, featuring refreshed styling and advanced features. The updated Bolero lineup includes the top-end variants, Bolero B8 and Bolero Neo N11, which are designed to offer a more premium and contemporary SUV experience.Kalyan Jewellers
Listed jewellery firm Kalyan Jewellers has clocked a consolidated revenue growth of nearly 30% in the second quarter of FY26, when compared to the same period in the previous financial year, according to the stock exchange filing. The company’s India operations witnessed revenue growth of approximately 31% during Q2 FY2026 as compared to Q2 FY2025, driven primarily by wedding demand and a strong start to the festive season.ONGC
Oil and Natural Gas Corporation Limited (ONGC) is set to invest Rs 8,110 crore for onshore development and production of oil and gas from 172 wells in eight PML (petroleum mining lease) blocks in Andhra Pradesh. A committee under the Ministry of Environment, Forest and Climate Change has recommended Environmental Clearance for the project in a meeting held last month.
Adani Green
Adani Green Energy, controlled by Indian billionaire Gautam Adani, signed a deal to raise around $250 million from a group of global lenders, Bloomberg reported, in what would be the unit’s first foreign currency loan since an indictment by the US Department of Justice.
Aster DM Healthcare
The company has received no objection letters with ‘no adverse observations’ from BSE and NSE in relation to the merger with Quality Care India. The scheme will remain subject to such other statutory and regulatory approvals, including the approval of the respective shareholders and creditors of the companies involved.
Brigade Enterprises
The company has signed joint development agreement (JDA) for upcoming premium residential projects in West Chennai. The development is spread across 6.6 acres land parcel. The estimated gross development value (GDV) of the project is Rs 1,000 crore.
ABLB
SBI Life Insurance, Aditya Birla MF, Morgan Stanley, Goldman Sachs, and other entities have cumulatively acquired over 7.31 crore shares, representing a 6% stake, in Aditya Birla Lifestyle Brands from Flipkart Investments for Rs 998 crore through open market transactions on Monday.
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