On Tuesday, 1497 stocks advanced, 2482 declined and 139 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.60 indicating a negative closing in the broader market. The trend of the major indices on Tuesday’s trading is given in the table below.
On NSE, 57 securities advanced and closed at a new 52-week high whereas 24 securities sank to close at their new 52-week lows. In sectoral indices, Nifty Pharma, Nifty Metal and Nifty Media were among the biggest losers. In sectoral indices, Nifty IT was the only gainer.
CG Power and Industrial Solutions (+1.74%) secured a record Rs641 crore order from Power Grid Corporation of India (PGCIL) for the supply of 765/400 kV transformers—its largest-ever single order to date. The project is to be executed over 18–36 months.
HCL Technologies (+0.38%) entered into a strategic partnership with ASISA, a prominent Spanish health insurer, to drive digital transformation across Spain and Portugal. As part of this collaboration, HCLTech will lead a comprehensive IT modernization, including AI-driven solutions and mainframe upgrades, to enhance system agility and operational efficiency. This initiative is designed to improve the customer experience for over 2.2 million ASISA clients, with a focus on the health and insurance sectors.
Hindustan Zinc (-5.19%) approved a Rs12,000 crore capex plan for setting up a 250 KTPA zinc smelter at Debari, Rajasthan, marking a major step in its capacity expansion strategy. The investment includes mining and milling capacity enhancements, aligning with the company’s 2x Growth Plan to double production of zinc, lead, and silver. The project, set to be completed within 36 months from the zero date.
Nelco (-2.80%) received national-level authorization from the Department of Telecommunications to operate as a Virtual Network Operator (VNO) for VSAT (Very Small Aperture Terminal) services. This license enables Nelco to support satellite-based communication solutions by reselling or distributing VSAT services, offering a platform for new entrants to access and deliver satellite connectivity across India. The move strengthens Nelco’s role in expanding digital infrastructure and last-mile connectivity, particularly in remote and underserved regions.
Allied Blenders & Distillers (ABD) (+0.06%) launched Russian Standard Vodka—including the Original, Gold, and Platinum variants—in India through its premium portfolio arm, ABD Maestro. Recognized as Russia’s No.1 premium vodka and sold in over 85 countries. With the Indian vodka segment reaching 14 million cases in 2024 and displaying high double-digit growth, the launch capitalizes on emerging consumer preferences.
Siemens (+1.53%) led consortium won a Rs4,100 crore contract to implement advanced signaling and telecommunication systems for India’s first high-speed rail project, with Siemens’s individual share at Rs1,230 crore. The scope includes design, installation, and ongoing maintenance of critical rail communication infrastructure, ensuring safe and efficient train operations. The project is scheduled to be completed over 54 months.
OpenAI secured a $200 million contract from the U.S. Department of Defense to develop prototype frontier AI capabilities aimed at addressing critical national security challenges in both warfighting and enterprise domains. The initiative, part of OpenAI’s new “OpenAI for Government” division, will focus on applications such as cybersecurity, healthcare access for military personnel, and administrative automation. The work will primarily be conducted in and around Washington, D.C., with an expected completion date of July 2026.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
