$RECLTD

### Stocks in Focus ** $RECLTD ** & **PFC** – The boards of REC and PFC have approved the proposed merger scheme, a move aimed at creating a stronger, larger power sector financing institution with improved operational efficiencies. *(Positive)* ** $WAAREEENER ** – Waaree Energies clarified that the **U.S. Customs and Border Protection (CBP)** found no evidence that the company exported solar modules made using Chinese-origin solar cells from its Indian facility. The clarification removes a key regulatory overhang and supports its US business. *(Positive)* ** $ADANIGREEN N ** – Adani Green Energy has commissioned a **150 MW solar project at Khavda**, taking its operational renewable energy capacity to nearly **19,986 MW**, reinforcing its leadership in India's renewable energy sector. *(Positive)* ** !APLLTD ** – Alembic Pharma received **USFDA final approval** for **Oseltamivir Phosphate for Oral Suspension**, a product with annual US market sales of approximately **US$27 million**, strengthening its US generics portfolio. *(Positive)* ** $TRANSRAILL ** – Transrail Lighting secured fresh orders worth **₹459 crore**, improving revenue visibility, strengthening its unexecuted order book, and reinforcing its global position in the T&D EPC segment. *(Positive)* ** $PERSISTENT ** – Persistent Systems will acquire **Nagarro** in a **US$2.9 billion** AI engineering deal, significantly expanding its AI capabilities, global delivery footprint, and enterprise digital engineering business. *(Strongly Positive)*