Stock Market Today: Ather Energy, BHEL, NHPC, Torrent Power, Adani Power, NCC, Zydus Wellness, Popular Vehicles & Services, BEML, IndusInd Bank in Focus

Market Performance

The stock market today opened with mixed cues as investors turned their attention toward company-specific developments. Several midcap and large-cap names are in focus on the back of fresh project wins, new launches, and boardroom decisions.

Companies such as Ather Energy, BHEL, Torrent Power, Adani Power, NCC, Zydus Wellness, BEML, Popular Vehicles and Services, and IndusInd Bank are expected to remain active through the day. Let’s look at the key updates driving sentiment.

Main News Highlights

• Ather Energy unveiled a new EV platform, marking its first vehicle architecture launch since the debut of the Ather 450.
• Bank of India revised its MCLR rates across tenors, reducing borrowing costs for customers.
• BHEL has signed a technology transfer pact with the Defence Metallurgical Research Laboratory (DMRL).
• Torrent Power bagged a ₹22,000 crore order for a 1,600 MW thermal project in Madhya Pradesh.
• Adani Power won an LoA from MP Power Management Company for an 800 MW ultra-supercritical thermal project.
• NCC secured two new water division orders worth ₹788.34 crore.
• Zydus Wellness’s UK arm signed a deal to acquire controlling stake in Comfort Click, UK.
• Popular Vehicles and Services received in-principle nod to acquire a Maruti Suzuki dealership in Telangana.
• BEML bagged an order of over ₹80 crore from Indian Railways.
• IndusInd Bank shareholders rejected two board nominations but approved Rajiv Anand as the new MD & CEO.

Company-Wise Details

Ather Energy

Electric two-wheeler maker Ather Energy captured attention at its third Community Day event. The company introduced a new vehicle platform, its first since the launch of the popular Ather 450. The launch marks an important step forward for the EV maker as it pushes innovation in India’s fast-expanding electric mobility sector.space.

Bank of India

In the banking sector, Bank of India announced a cut in its MCLR (Marginal Cost of Funds-based Lending Rate).

• 1-, 3-, and 6-month tenors: Reduced by 10 basis points
• 1-year tenor: Reduced by 5 basis points
• 3-year tenor: Reduced by 15 basis points

The move is expected to ease lending rates for borrowers across various segments.

BHEL

Bharat Heavy Electricals Ltd has signed a technology transfer pact with Defence Metallurgical Research Laboratory (DMRL), Hyderabad. This collaboration is expected to strengthen BHEL’s manufacturing capabilities in advanced metallurgical applications.

Torrent Power

Power utility major Torrent Power received a Letter of Award (LoA) for a massive ₹22,000 crore project. The contract covers a 1,600 MW thermal power project in Madhya Pradesh, further solidifying Torrent’s presence in India’s energy sector.

Adani Power

Adani Power secured a significant LoA from MP Power Management Company (MPPMCL).

• Project: 800 MW Ultra-Supercritical Thermal Plant
• Location: Anuppur, Madhya Pradesh
• Model: DBFOO (Design, Build, Finance, Own, Operate)

This development underlines the group’s expanding footprint in the power generation business.

NCC Ltd

Infrastructure player NCC has won two orders in its water division, totaling ₹788.34 crore. These contracts add momentum to NCC’s order book in public infrastructure projects.

Zydus Wellness

Zydus Wellness’s subsidiary, Alidac UK, approved a sharpurchase agreement to acquire a majority stake in Comfort Click, UK.

The deal includes:

• 100% of Class A and B shares
• 71.43% of Class C shares
• 66.67% of Class D shares

This acquisition boosts Zydus’s international wellness footprint.

Popular Vehicles and Services

The automobile services company Popular Vehicles and Services received a green signal from Maruti Suzuki India. The in-principle approval allows the firm to take over an authorized dealership in Telangana. The deal covers operational assets like equipment and digital resources but excludes land and buildings.

BEML

BEML Ltd bagged an order exceeding ₹80 crore from Indian Railways. The supply order is for utility track vehicles, strengthening BEML’s role in the railway equipment segment.

IndusInd Bank

At the shareholder meeting, IndusInd Bank saw a mixed outcome. Two nominee director proposals were rejected. However, shareholders approved the appointment of Rajiv Anand as MD & CEO, marking a leadership transition at the private lender.

Summary

The stock market today is buzzing with updates from Ather Energy, BHEL, NHPC, Torrent Power, Adani Power, NCC, Zydus Wellness, BEML, Popular Vehicles and Services, and IndusInd Bank. From new EV platforms and technology tie-ups to big-ticket project wins and acquisitions, these developments are set to guide investor sentiment through the session.

In short:

• Power and energy firms like Torrent Power and Adani Power reported mega project wins.
• Industrial giants BHEL and BEML announced strategic deals.
• Consumer and auto players such as Zydus Wellness and Popular Vehicles made key acquisitions.
• Banking updates came from Bank of India’s rate cuts and IndusInd Bank’s leadership changes.