POWERGRID: WINS ₹1,152 CR ANNUAL TRANSMISSION PROJECT UNDER TBCB

• POWERGRID declared successful bidder under Tariff Based Competitive Bidding for Gujarat’s Lakadia REZ Phase-II (7,500 MW) project.

• Quoted annual transmission charges: ₹1,152.49 Cr.

• Project to be implemented on BOOT basis.

• Scope includes new 765/400kV Lakadia-II Sub-station and 765kV transmission lines in Gujarat.

• Also includes installation and commissioning of synchronous condenser and associated equipment.

• Letter of Intent received on September 3, 2026.

MARKET BUZZ: NDTV PROFIT

IIFL FINANCE 🟢
• Buy flows seen on large HNI desk
• Dealers expect positive corporate development / potential fund raise announcement

ALKEM LAB 🟢
• Buzz of new CEO announcement soon

SOLARA ACTIVE 🟢
• Buzz of shutdown of loss-making plant

MANGALAM CEMENT 🟢
• Buy flows seen on PMS desk
• Dealers expect possible M&A activity

NGL FINE 🟢
• Buzz of PE investor fund infusion
• Stock up ~8% today

SUDARSHAN CHEMICALS / DEEP IND 🟢
• Large prominent HNI reportedly accumulating shares

AUROBINDO PHARMA 🔴
• Buzz of promoter block deal

AVENUES AI:

UAE AND OMAN ARE OPERATIONAL MARKETS;

CO TARGETS INTERNATIONAL OPERATIONS CONTRIBUTING 12 - 15% OF PAYMENTS NET REVENUE BY FY28.

CNBC-TV18 DEALING BUZZ

HUBTOWN
Buy flows at HNI desk | Street expects corporate development soon (Potential fund raise)

GAIL , GMR AIRPORT :
DELIVERY-BASED FII BUYING

BEML -NDTV PROFIT

A leading domestic MF & PMS accumulating at current levels

MONARCH SURVEYORS & ENGINEERING: WINS ₹4.3 CR GADCHIROLI AIRPORT CONSULTANCY CONTRACT ✈️

• Secures ₹4.30 Cr contract from Maharashtra Airport Development Company Ltd.

• Scope: Consultancy for forest diversion, revenue coordination & statutory clearances for proposed Greenfield Airport at Gadchiroli, Maharashtra

• Work to commence immediately; completion timeline as per contract terms

• Domestic contract; cash consideration

• Subject to necessary government approvals

• No promoter/group company interest; not a related party transaction

INDIAN FOREIGN MINISTER SAYS THAT HIS COUNTRY IS READY TO HELP END THE WAR IN UKRAINE.

IDFC FIRST BANK: MOBILISES ~$3.57 BN UNDER RBI FCNR(B) SWAP WINDOW 💰

• Mobilised gross ~$3.57 Bn (~₹33,975 Cr) from NRI customers under RBI’s FCNR(B) swap window

• Mobilisation equals ~11% of deposit base as of June 30, 2026

• IFSC Banking Unit facilitated ~$2.60 Bn (~₹24,720 Cr) of lending during the period

• INR equivalents based on Aug 31, 2026 exchange rate

• FCNR(B) mobilisation figures are provisional & unaudited

BRENT OIL EXTENDS GAINS, TRADES NEAR $97 A BARREL IN LONDON

Rupee Closes At 94.49/$ Vs Wednesday’s Close Of 94.97/$

RAIL VIKAS NIGAM: EMERGES L-1 FOR ₹404.88 CR EAST COAST RAILWAY PROJECT 🚆

• Emerges as Lowest Bidder (L-1) for East Coast Railway project worth ₹404.88 Cr

• Scope includes roadbed, bridges & electrification works

• Project execution period: 30 months

• Final order award awaited

SHANTHI GEARS:

CO BOARD APPOINTS SAI KRISHNA ALLURI AS CHIEF FINANCIAL OFFICER

STEEL STRIPS WHEELS:

CO RE-APPOINTS DHEERAJ GARG AS MD

SICAL LOGISTICS:

CO SCALES HEAVY MINING LOGISTICS BACKLOG ACROSS CENTRAL INDIA COALFIELDS

GUJARAT APOLLO INDUSTRIES:

CO BOARD APPROVES SALE OF 17.96% STAKE IN CREDO ADVANCED CHEMICALS FOR ₹37.63 CRORE

IEX August Biz Update

⚡️Electricity Traded Volume At 13.94 BU, Up 20.2% YoY

⚡️Real-time Market Volume Up 10.6% YoY To 5.6 BU

⚡️Day-ahead Market Volume Traded 1,765 MU

POWERGRID: WINS ₹1,152 CR ANNUAL TRANSMISSION PROJECT UNDER TBCB

• POWERGRID declared successful bidder under Tariff Based Competitive Bidding for Gujarat’s Lakadia REZ Phase-II (7,500 MW) project.

• Quoted annual transmission charges: ₹1,152.49 Cr.

• Project to be implemented on BOOT basis.

• Scope includes new 765/400kV Lakadia-II Sub-station and 765kV transmission lines in Gujarat.

• Also includes installation and commissioning of synchronous condenser and associated equipment.

• Letter of Intent received on September 3, 2026.

Nifty opens above 23,000, Sensex up 250 pts; BSE, HUDCO, Adani Ports, Power Grid gain


Details here ⤵️
https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-nifty50-share-price-sensex-share-price-crude-fii-gift-nifty-rupee-latest-updates-03-09-2026-alpha-liveblog-14021332.html

NSE IPO effect: NIACL, IFCI extend gains on buzz of issue launch this month

Details here ⤵️
https://www.moneycontrol.com/news/business/markets/nse-ipo-effect-niacl-ifci-extend-gains-on-buzz-of-issue-launch-this-month-14021592.html

India's $136 billion dollar haul aids rupee but raises future risks


-Rupee hits 2-month high on $136.4 bln fundraising.
-India's FX reserves reach record $729.3 bln.
-RBI's dollar liabilities may cap rupee appreciation.


Read More ⤵️
https://www.moneycontrol.com/news/currency/india-s-136-billion-dollar-haul-aids-rupee-but-raises-future-risks-14021725.html

Closing Bell: Sensex down 417 points, Nifty below 23,900; IT, FMCG drag, realty, banks shine

https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-nifty50-share-price-sensex-share-price-crude-fii-gift-nifty-rupee-latest-updates-03-09-2026-alpha-liveblog-14021332.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial