1. L&T Wins Rs 1,000–2,500 Crore Water Project in Assam
L&T | ▲ +3.46%
Larsen & Toubro's Water & Effluent Treatment division secured a major design-build-operate order from Guwahati Metropolitan Drinking Water & Sewerage Board (GMDWSB). The project will deliver 24x7 safe drinking water to South-East Guwahati. Scope includes water treatment plants, reservoirs, pumping stations, household connections, and a SCADA monitoring system with 5 years of operation and maintenance. L&T stock rose 3.46% to Rs 3,637 on BSE.
2. Jindal Stainless Commissions 1.2 MTPA Steel Melt Shop in Indonesia
Jindal Stainless | ▲ +0.95%
Jindal Stainless has commissioned a 1.2 million tonne per annum (MTPA) stainless steel melt shop in Indonesia through its joint venture — ahead of schedule. Total melting capacity now stands at 4.2 MTPA. The company also plans to add a 1.1 MTPA Hot Rolled line in Odisha by Q4FY27 and is investing Rs 900 crore more at Hisar and Kharagpur. Target: Sales volume of 3.5 MTPA by FY29. Stock rose 0.95% to Rs 724.70.
3. Tata Power Commissions Two High-Voltage Transmission Lines in UP
Tata Power | ▲ +1.82%
Tata Power has successfully commissioned two 400 kV transmission lines — Tanda–Gonda and Gonda–Basti — spanning 154 circuit km in Uttar Pradesh, completing all lines under the SEUPPTCL project. The network now enables evacuation of over 4,000 MW of thermal power within the state, strengthening grid stability. SEUPPTCL is a joint venture of Tata Power, ICICI Bank, and global investors. Stock rose 1.82% to Rs 391.75.
4. Avantel Gets Rs 459.90 Crore Contract for Satellite Equipment
Avantel | ▲ +11.32%
Avantel received a rate contract worth Rs 459.90 crore (excluding taxes) from Zetwerk Manufacturing Businesses for supply of satellite communication equipment. The contract includes 1-year on-site warranty and 5-year Annual Maintenance Contract (AMC). To be executed within 3 years. Stock jumped 11.32% to Rs 134.70 — the biggest gainer of the day.
5. Sterlite Technologies Launches India's First Hollow Core Fibre Cable
Sterlite Technologies | ▲ +8.62%
Sterlite Technologies launched India's first Hollow Core Fibre (HCF) cable, where light travels through an air-filled core instead of solid glass. This enables signals to travel ~46% faster, reducing latency significantly. Designed for data centres, hyperscalers, and high-frequency networks. The company also developed a Hybrid Cable combining HCF with two other fibre types for diverse network needs. Stock surged 8.62% to Rs 195.25.
6. WeWork India Expands in Bengaluru with 81,000 Sq Ft New Centre
WeWork India | ▲ +3.60%
WeWork India Management signed a 10-year lease for 'WeWork Embassy Vertex' — an approximately 81,000 sq ft, 6-floor workspace in Embassy Vertex, Bengaluru's Central Business District. Set to open in Q1 FY27 with over 1,250 desks. The company now operates 29 centres across 8 cities with over 1.21 lakh total desks. Enterprise desks in Bengaluru have grown 44% in the past 2 years. Stock rose 3.60% to Rs 461.
7. Pilani Investment Raises Rs 500 Crore via AA+ Rated NCDs
Pilani Investment | ▲ +0.74%
Pilani Investment and Industries Corporation raised Rs 500 crore by issuing 50,000 Non-Convertible Debentures (NCDs) at Rs 1 lakh face value each, on a private placement basis. The NCDs are rated AA+ (Stable) by both CARE and CRISIL — indicating very high credit quality. Stock rose 0.74% to Rs 4,545.
8. Shakti Pumps Invests Rs 5 Crore in Solar Manufacturing Subsidiary
Shakti Pumps | ▲ +2.35%
Shakti Pumps (India) invested Rs 5 crore in its wholly owned subsidiary Shakti Energy Solutions to set up a greenfield solar manufacturing plant in Pithampur, Madhya Pradesh. The plant will produce high-efficiency Solar DCR cells and PV modules with a capacity of 2.20 GW. This aligns with India's push for domestic solar manufacturing. Stock rose 2.35% to Rs 498.60.
9. Arkade Developers Launches 'Arkade Evoke' in Goregaon West, Mumbai
Arkade Developers | ▲ +3.39%
Arkade Developers launched 'Arkade Evoke', a premium residential project in Goregaon West, Mumbai with a Gross Development Value (GDV) of Rs 230 crore. Spread across 1.09 acres, the project features 2 and 3 BHK apartments with balconies, surface parking, and cross ventilation. Located near the Bangur Nagar metro station, this is Arkade's 8th project in the Goregaon-Malad belt. Stock rose 3.39% to Rs 105.15.
10. DEVX to Raise Rs 35 Crore to Set Up 4.5 Lakh Sq Ft Workspace in Ahmedabad
DEVX (Dev Accelerator) | ▲ +1.99%
Dev Accelerator (DEVX) received board approval to raise up to Rs 35 crore via preferential issue of convertible warrants and equity shares. Promoters will infuse Rs 15 crore; a non-promoter investor will put in Rs 20 crore. Funds will be used as a security deposit for a massive ~4,50,000 sq ft managed workspace called 'Winston' on Bopal-Ambli Road, Ahmedabad. Stock rose 1.99% to Rs 36.90.
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