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2025-02-06 08:53:13 am | Source: ARETE Securities Ltd
The markets are expected to open marginally higher today as trends in GIFT NIFTY indicate a positive - ARETE Securities Ltd
 The markets are expected to open marginally higher today as trends in GIFT NIFTY indicate a positive  - ARETE Securities Ltd

The markets are expected to open marginally higher today as trends in GIFT NIFTY indicate a positive start for the broader index after NIFTY closed 43 points lower at 23,696 on Wednesday.

Cyient

The company signed an MoU with Micware Navigations to collaborate on engineering services, customer introduction, and marketing strategy for intelligent mobility solutions.

Data Patterns (India)

The company reported Q3FY25 results with revenue down -16.1% YoY to Rs.117 crore (28.6% QoQ), EBITDA down -10.0% YoY to Rs.54 crore (57.4% QoQ), EBITDA margin up by +314 bps at 46.15% (846 bps QoQ), and PAT down -32.0% YoY to Rs.45 crore (47.5% QoQ).

Datamatics

The company won an order for AFC system deployment at 23 Pune Metro Line 3 stations, integrating NCMC-based digital fare collection.

HDFC Life Insurance

The company approved issuance of NCDs worth Rs.1,000 crore via private placement, within the overall Rs.2,000 crore limit.

Inventurus Knowledge Solutions:

The company reported Q3FY25 results with revenue up +15.9% YoY to Rs.657 crore (2.2% QoQ), EBITDA up +24.3% YoY to Rs.201 crore (5.7% QoQ), EBITDA margin up by +206 bps at 30.52% (99 bps QoQ), and PAT up +14.8% YoY to Rs.130 crore (7.2% QoQ).

JSW Energy

The company received LoA from WBSEDCL for a 1,600 MW domestic coal-based TPP, taking its total locked-in generation capacity to 30 GW.

JTL Industries

The company secured a 3,000 MT GI pipe order worth Rs.24 crore from PHE Department, Jammu, under Jal Jeevan Mission, with delivery in 30 days.

Piccadily Agro Industries:

The company reported Q3FY25 results with revenue up +7.2% YoY to Rs.206 crore (2.6% QoQ), EBITDA up +46.3% YoY to Rs.51 crore (16.7% QoQ), EBITDA margin up by +661 bps at 24.74% (299 bps QoQ), and PAT down -44.8% YoY to Rs.25 crore (0.4% QoQ).

RIR Power Electronics

The company received the Odisha govt. approval for incentives under the Semiconductor Policy for its Rs.618 crore SiC plant in Bhubaneswar.

RMC Switchgears

The company received a Rs.108.05 crore work order for 11 KV UG cable & RMU system development in Gujarat from a private contractor.

Sula Vineyards

The company reported Q3FY25 results with revenue down -0.6% YoY to Rs.218 crore (53.2% QoQ), EBITDA down -26.4% YoY to Rs.54 crore (56.7% QoQ), EBITDA margin down by -860 bps at 24.8% (60 bps QoQ), and PAT down -34.7% YoY to Rs.28 crore (93.8% QoQ).

Updater Services

The company's subsidiary received a Rs.23.38 lakh order under Section 74 CGST Act, 2017, which it plans to challenge legally.

 

 

 

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