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2026-01-05 08:59:49 am | Source: ARETE Securities Ltd
Markets may open slightly higher; GIFT NIFTY signals a positive start - ARETE Securities Ltd
Markets may open slightly higher; GIFT NIFTY signals a positive start - 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 182 points higher at 26,328 on Friday.

Apollo Micro Systems

The company was declared lowest bidder by a Defence PSU for orders worth Rs.25.79 crore to be executed within eighteen months.

Avenue Supermarts

The company reported standalone Q3 revenue of Rs.17,612.62 crore and store count of 442 including one temporarily closed store.

Bansal Wire Industries

The company reported Q3FY26 sales volume of 121,702 MT up 31.70% YoY and 6.18% QoQ marking its highest quarterly volume.

Ceigall India

The company approved acquisition of Velgaon Power Transmission for Rs.5 lakh and incorporation of SPVs for 130 MW solar projects and a 48.10 km HAM highway.

HPCL

The company commissioned a 3.55 MMTPA residue upgradation facility with LC-Max technology at its Visakh refinery improving conversion efficiency and distillate yield.

Info Edge India

The company approved transferring its entire Gramophone stake to Unnati for Rs.91.71 crore and investing Rs.35 crore, resulting in about 20.53 percent holding.

Kiri Industries

The company received $689.03 million from sale of its 37.57% DyStar stake, concluding litigation with DyStar ceasing as an associate.

KPI Green Energy

The company’s 92.15 MWp hybrid IPP project awarded by GUVNL has commenced power supply to the state grid ahead of schedule.

L&T

The company’s Minerals and Metals business won major domestic orders from SAIL for EPC packages at IISCO Burnpur and Bokaro Steel Plant expansions.

Nibe

The company signed a Rs.292.69 crore supply contract with the Indian Army for manufacturing and supplying ground equipment and ammunition for a universal rocket launcher system.

Royal Orchid Hotels

The company signed a hotel management agreement for a 200-key all-suite Regenta property in Jodhpur Rajasthan scheduled to open by December 2029.

Shakti Pumps India

The company received a work order from HAREDA for 792 solar water pumping systems in Haryana valued at Rs.23.54 crore inclusive GST.

 

 

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