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Reading: Key Stocks to Monitor Today: Thermax, Meghmani, Dynacons, Envair Electrodyne, EMS
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Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Key Stocks to Monitor Today: Thermax, Meghmani, Dynacons, Envair Electrodyne, EMS
Economy

Key Stocks to Monitor Today: Thermax, Meghmani, Dynacons, Envair Electrodyne, EMS

Indianewsweek By Indianewsweek May 5, 2026 5 Min Read
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Thermax Limited, a prominent energy and environment solutions provider, has joined forces with Ankur Scientific, an international leader in bioenergy and waste-to-energy technology, to establish India’s first Green Methanol Production Facility at Deendayal Port Authority (DPA) in Kandla, Gujarat. This partnership will leverage Thermax’s expertise in fuel and chemical processing alongside Ankur Scientific’s advanced biomass gasification technology. India’s shipping sector, responsible for approximately 3% of national emissions, is a significant driver of methanol demand, anticipated to reach 37,000 tonnes by 2030. The facility is designed with a production capacity of 18,000 tonnes, positioning it to satisfy nearly half of this projected demand, thereby providing a scalable, low-emission fuel alternative that enhances self-sufficiency and reduces import dependencies.

Meghmani Organics Ltd announced that its wholly owned subsidiary, Meghmani Crop Nutrition Ltd, has received approval from the Ministry of Agriculture and Farmers Welfare to manufacture three nano fertiliser products: Nano DAP, Nano NPK, and Nano Zinc. This endorsement underscores the company’s commitment to advancing Indian agriculture through innovative crop nutrition solutions. The new products are expected to enhance Meghmani’s fertiliser portfolio and address the changing needs of farmers in various nutrient categories.

Afcons Infrastructure Ltd has secured a Rs 373 crore order for civil infrastructure projects under its Urban Infrastructure and Metro Business Unit. This contract encompasses Engineering, Procurement, and Construction (EPC) works and tunneling utilizing Tunnel Boring Machines (TBM). Afcons, a flagship of the Shapoorji Pallonji Group, boasts a legacy of over sixty years and is recognized for executing numerous complex EPC projects both domestically and internationally. The most recent Engineering News-Record (ENR) survey ranks Afcons among the Top 140 international contractors, placing 12th in Bridges and 14th in Marine and Ports.

Dynacons Systems & Solutions Ltd has been awarded a Rs 750.82 crore contract for the Supply, Installation, Implementation, Integration, Maintenance, and Facilities Management Services for Private Cloud Infrastructure for the Reserve Bank of India’s Data Centres. This project supports the establishment of a state-of-the-art, energy-efficient Next Generation Data Centre (NGDC) at Bhubaneswar, Odisha. The initiative aims to create a robust, scalable, and secure Private Cloud capable of handling current and future application workloads, with plans for AI Cloud integration.

GRE Renew Enertech Ltd provided updates on orders received from April 15 to April 30, as part of its regular business reporting.

Asahi India Glass reported an incident on May 31 involving a partial failure of an exhaust chimney at its float glass plant in Soniyana, Rajasthan, attributable to a local whirlwind. The chimney, constructed following standard designs by experienced fabricators, did not result in any injuries, and all associated machinery remains operational. The company is currently assessing the extent of the damage and determining the cause of the incident, affirming that there are no risks to supplies for its OEM and project customers.

Envair Electrodyne Limited has received in-principle approval from the Industrial Promotion & Investment Corporation of Odisha Limited (IPICOL) for its Copper Clad Laminate (CCL) manufacturing project, which involves an investment of Rs 136.87 crore.

EMS Ltd has announced that it received a Letter of Award (LOA) for the laying of sewer networks and house connection work in 18 problematic wards of the Nagar Nigam in Varanasi, with an estimated order value of around Rs 143.80 crore, excluding GST.

Additionally, Standard Surfactants reported a fire incident that occurred on May 3 in the Spray Drier Plant at its Mandideep unit in Madhya Pradesh. The company stated there were no casualties or injuries and anticipates that operations will resume within 2-3 months following re-installation; unaffected plants continue to operate as normal. Assets related to the affected plant are sufficiently insured.

Published on May 5, 2026.

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