Shares of Suzlon, BEL, Adani Green, Unimech, Eveready Ind, Jio Financial, Awfiis, Zodiac Energy, Umiya Tubes, Innovision are set to be in focus on Thursday following major announcements across defence, financial, nutrition, infrastructure and battery segments
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Bharat Electronics Ltd (BEL), has secured orders worth ₹569 Crore commencing the order acquisition for the current financial year 2026-27. Major orders received include avionics, EW system, high energy laser, communication equipment, tank sub systems, laser based fuzes, test equipment, upgrades, spares, services etc.
Unimech Aerospace and Manufacturing Ltd has announced a significant strategic move to strengthen its position in the aerospace and defence value chain. The company has approved an investment of up to ₹450 crore to acquire Hobel Bellows Co. through a structured acquisition involving its wholly-owned subsidiary, Innomech Aerospace Toolings Private Limited. Hobel Bellows Co. is a specialised manufacturer of metallic bellows and flexible tubing assemblies. These components are critical for aerospace engines, turbomachinery, defense platforms, and industrial exhaust systems. For Unimech Aerospace, which already specialises in precision machined components for the energy and aerospace sectors, this acquisition represents a natural adjacency.
Adani Green Energy Twenty Six A Ltd, Wholly-owned stepdown subsidiary of Adani Green Energy Limited (”AGEL”) has operationalized solar power project of 292 MW at Khavda, Gujarat. With commissioning of these projects, AGEL has achieved total operational renewable generation capacity of 19,585.8 MW and total operational BESS capacity of 1,376 MWh.
Valencia Nutrition Ltd has announced the execution of a service agreement with Awfis Space Solutions Ltd, marking a strategic entry into India’s rapidly expanding co-working ecosystem through its Vitabev aluminium can beverage portfolio. The portfolio includes Roar Energy Drinks (Classic, Watermelon, Sugar Free), Bootea (Peach Iced Tea), Lime Leezure (Ginger Lemonade), and a range of drink mixers including Ginger Ale, Titonic Classic, and Tonic Elderflower.
Innovision Ltd has received a Letter of Award (LoA) / work order Engagement of user fee agency on the basis Competitive Bidding at Vembukudi fee plaza at Km 152.000 of Cholapuram- Thanjavur Section from Km 116.440 to Km 164.275 of NH-45C in Tamil Nadu and upkeep /maintenance of adjacent Toilet Blocks including recouping the consumable items.vThe scope includes upkeep / maintenance of adjacent Toilet Blocks including recouping the consumable items Contract signed on April 21.
Eveready Industries India Ltd, the country’s leading battery brand with over 52% market share in the dry cell battery segment, has announced the inauguration of India’s only operating alkaline battery facility in Jammu by the Lieutenant Governor (LG) of the Union Territory of Jammu and Kashmir, Manoj Sinha. Eveready’s new manufacturing plant, set up with an investment of approximately ₹200 crore, boasts of a robust annual peak production capacity of approximately 360 million alkaline batteries with an annual installed capacity of 456 million.
Jio Financial Services Ltd and Allianz Group (Allianz), through its wholly-owned subsidiary Allianz Europe B.V., has entered into a binding agreement to form a 50:50 primary insurance joint venture (JV) – covering general insurance and health insurance – to serve the rapidly expanding Indian insurance sector. The binding agreement formalizes a partnership first announced in July 2025. This partnership will bring together two highly trusted financial services brands, recognized for their commitment to customer-centricity, to deliver innovative and accessible protection solutions tailored to the specific needs of the people and businesses of India.
Zodiac Energy Ltd has received a Letter of Intent (LOI) from an international entity based in Zambia for execution of a turnkey solar power project for designing, supply, installation, testing, commissioning, packing and forwarding, dispatch, transportation with transit insurance, delivery on site on DAP (Delivery on Place) basis for a Ground Mounted Solar PV Power Plant 6 MWp DC, 5 MW AC & 1 MWh BESS at Lusaka, Zambia.
Umiya Tubes Ltd has received an order from Cocreate Global Technologies Private Limited for an amount of ₹9.64 crore (including GST) for supply of 3000 KG (3 MT) of Yellow Tungsten Oxide and 2000 KG (2 MT) of Ammonium Paratungstate.
Published on April 23, 2026
