Market Pulse Shifts on Big Bets and Fresh Announcements
- Vodafone Idea’s AGR plea in Supreme Court and Ola Electric’s Rs 400 Crore PLI claim highlight regulatory action.
- Adani Enterprises, Sanghvi Movers, NCC and JSW Infra bag multi-crore infrastructure and energy contracts.
- Maruti Suzuki’s new model launch, Wipro’s AI-driven cyber service, and Zydus’ FDA-approved pet drugs fuel sectoral buzz.
As the new trading day unfolds, several big names across telecom, IT, auto, infrastructure, and green energy are expected to capture investor attention. Here’s a look at the companies making headlines.
Vodafone Idea: The Supreme Court is set to hear cash-strapped Vodafone Idea’s plea on Friday. The company is seeking to quash the Department of Telecommunications’ additional demand of Rs 9,450 crore toward AGR dues until FY19.
Maruti Suzuki: The automaker has announced the pricing for its newly launched model, Victoris. The introductory price begins at Rs 10 lakh, keeping it in the competitive mid-segment range.
NTPC Green Energy: The company has commenced commercial operations of a 25 MW solar project in Gujarat, taking its total installed renewable capacity to 7,272.575 MW.
Adani Enterprises: The company has bagged a Letter of Award worth Rs 4,081 crore to build a 12.9 km ropeway project connecting Sonprayag to Kedarnath, a key religious tourism spot.
Wipro: The IT giant has deepened its partnership with CrowdStrike to launch Wipro CyberShield MDR, an AI-powered security service using the Falcon Next-Gen SIEM platform. This aims to enhance real-time threat detection and response.
Zydus Lifesciences: Subsidiary ZyVet has launched FDA-approved generic drugs in the US. These include phenylpropanolamine for urinary incontinence in dogs and furosemide for treating heart failure and fluid retention in pets.
Sanghvi Movers: The company secured contracts worth Rs 292 crore from independent power producers, boosting its project pipeline.
Ola Electric: Ola has filed a claim of about Rs 400 crore under the government’s PLI scheme, highlighting compliance with localisation and regulatory standards.
NCC: The company won a contract for constructing the Barnar reservoir, dam, irrigation canals, and related works in Bihar’s Jamui district.
JSW Infrastructure: The firm signed a 30-year concession with Syama Prasad Mookerjee Port Authority to redevelop and mechanise berths 7 and 8 at Netaji Subhash Dock, Kolkata.
