The Markets are expected to open positively today as trend in SGX nifty indicate a positive start - ARETE Securities Ltd
Market Updates
The Markets are expected to open positively today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 2.85 points higher at 19,396.5 on tuesday.
Jio Financial Services:
The stock hit the 5% lower circuit on Tuesday, as a result of which the scrip will now be removed from all S&P BSE indices on Aug. 29. If JFS continues to hit a lower circuit in the next two days, the removal date will be deferred by another three days.
Adani Total Gas:
Its unit Adani TotalEnergies E Mobility has partnered with Prakriti EMobility to develop electric vehicle charging infrastructure in New Delhi with 200 EV charging point. The partnership will function on a revenue sharing model.
Piramal Enterprises:
The company has approved raising up to Rs 3,000 via non-convertible debentures in one or more tranches.
Bharat Forge:
The validity period for the guarantee provided by the company to its wholly owned step-down subsidiary, Bharat Forge Aluminum USA, has been revised from Nov. 27, 2023 to July 31, 2026. The amount is $15.5 million issued in favour of JP Morgan Bank.
Sula Vineyards:
Promoter, Managing Director and CEO Rajeev Samant has sold 0.99% stake reducing his total stake to 24.98%.
Linde India:
The company received an LoA from IOCL for setting-up of Air Separation Unit for production and supply of instrument air, plant air and cryogenic nitrogen to IOCL Panipat Refinery Expansion Project. On completion, it will operate and maintain the facility for a period of 20 years. The company will fund the capital expenditure by using internal accruals.
Somany Ceramics:
The company entered into a joint venture to operate Cerapro Nepal and acquire a 30% stake in it. CNPL will establish a tile manufacturing facility in Nepal.
NBCC:
The company signed an MoU with Delhi Metro to work together in the field of building and infrastructure development in overseas.
BEML:
The company bagged a Rs 101 crore order from Ministry of Defence (Army) for supply of command post vehicles.
Ex-date Dividend:
Astra Microwave Products, Capri Global Capital, Permanent Magnets.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at http://www.aretesecurities.com/
SEBI Regn. No.: INM000012740
Above views are of the author and not of the website kindly read disclaimer
Tag News
The Markets are expected to open higher today as trend in SGX nifty - ARETE Securities