OlaElectric denies reports that claimed the company has received closure orders of over 100 showrooms.

Hindalco delivers 10,000 aluminium battery enclosures to Mahindra

🎯Most sectors turn red as Indo-Pak tension grips D-street, Nifty Defence worst hit.

🔹Army chief arrives in J&K, to review counter-terror operations.

🔸Garden Reach Shipbuilders, PTC Industries, and Ideaforge Technology top losers in Nifty India Defence index.

Have not announced any blanket cancellation, say industry sources on IndiGo cancellations.

🔸ED issues look-out circular against Gensol promoters Puneet and Anmol Jaggi, tracks overseas remittances.

Tesla #Cybertruck spotted near Mumbai; raises hopes of an India launch soon

Midcap IT stocks recover, Firstsource, Cyient more than 2% off lows

Minor recovery in market, midcap IT off lows

Maruti Suzuki is set to report a steady set of Q4FY25 earnings later today.

🟡European Stocks Are Set To Open Higher On Friday As Investors Closely Monitor Earnings Reports From Companies Amid Persistent Trade Uncertainty; European Futures; DAX (+0.35%); CAC (+0.72%); FTSE (-0.11%)

AxisBank shares tumble over 4% despite a 10% jump in consensus target price.

🚨 NSE announces donation of ₹1 crore to support the families of Pahalgam terror attack victims, after the tragic incident on April 22 claimed 26 lives

IRFC: CO EMEERGES AS THE LOWEST BIDDER FOR A 5000CR TERM LOAN TO NTPC

Cyient Q4 Concall Highlights

- Q4 Performance: Revenue was lower than expected due to global uncertainties, especially in March.

- Customer programs are still committed to starting in the coming months.

- Semiconductor Business: Spun off into a separate entity named Science Semiconductor Private Limited.

- Suman Narayan appointed as CEO of the new entity.

- Key Wins & Partnerships: Received a large order for engineering a green hydrogen production project.

- Formed an alliance with Mware Navigations to focus on intelligent mobility solutions.

⚡ Patel Engineering declared L1 bidder for ₹718 Cr hydropower project from NEEPCO

👉🏻 Project: 240 MW HEO Hydro Electric Project in Arunachal Pradesh
👉🏻 Scope: Civil infra + hydro-mechanical works + commissioning
👉🏻 Location: Shi Yomi district | Completion timeline: 44 months
👉🏻 Expected generation: 1,000 MU/year

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🏗️ Patel Engineering declared L1 bidder for ₹1,318.89 Cr CIDCO dam project in Maharashtra

👉🏻 #Scope: Construction of Kondhane Dam using Roller Compacted Concrete Tech
👉🏻 Includes 1209m long, 83m high dam + hydro-mechanical & electrical works
👉🏻 Project #timeline: 42 months | Location: Karjat, Raigad

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🧪 Rossari Biotech to invest ₹97 Cr to expand capacity at Unitop & Tristar subsidiaries

👉🏻 Unitop to add 18,500 MTPA capacity (phased till Q4 FY26) – ₹77 Cr
👉🏻 Tristar to expand by 3,600 MTPA (Q4 FY26) – ₹20 Cr
👉🏻 Funded via mix of internal accruals & debt
👉🏻 Aims to meet rising demand, boost exports, improve tech efficiency

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