*Key Stock Updates* 1️⃣ *Bharat Forge* and French firm *Turgis Gaillard* will jointly offer the AAROK Medium Altitude Long Endurance (MALE) UAV to India's Ministry of Defence, designed for long-range surveillance and strike missions. ✅ *Our View:* This partnership, boosting India's defense indigenization, involves Bharat Forge establishing a domestic production line for the long-endurance, high-payload drone. 2️⃣ *Vedanta's zinc subsidiary* will invest ₹12,000 crore to build a 250 KT integrated zinc complex, boosting capacity to 1,169 KTPA. ✅ *Our View:* This expansion, aligning with doubling zinc, lead, and silver capacity, is expected to generate ₹6,500 crore in revenue and ₹3,500 crore in EBITDA. Vedanta may also sell a 10% stake in its Zinc India business. 3️⃣ *L&T* has acquired land in Kandla, Gujarat, for green hydrogen and ammonia projects, gaining a first-mover advantage with ongoing electrolyser manufacturing. ✅ *Our View:* It plans to invest ₹8,000 crore each in six units producing 300,000 tonnes annually. L&T also offers EPC services for these facilities. 4️⃣ *UGRO Capital* has acquired Profectus Capital for ₹1,398.6 crore, boosting its AUM by 29% to ₹15,471 crore. This all-cash deal, funded by CCD issuance and internal accruals, improves UGRO's secured AUM mix to 75:25. ✅ *Our View:* The deal will strengthen UGRO’s risk profile, and is expected to yield ₹115 crore in cost savings by FY26. 🩷 & 🔄 for better reach! Disclaimer: bit.ly/full-disclaimer