Markets may open slightly higher; stock-specific news in focus - ARETE Securities Ltd
.jpg)
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 99 points lower at 26,042 on Friday.
Astra Microwave Products
The company executed an MoU with Bharat Electronics to collaborate on design and manufacturing of defence and aerospace electronic systems.
Ceigall India
The company’s subsidiary received a provisional certificate for the NH-54 six-laning HAM project in Punjab enabling commercial operations with bid cost Rs.613.11 crore.
Coforge
The company approved acquiring Encora through a share swap valuing Rs.17,032.6 crore, issuing 21.25% equity and authorising fund raise up to $550 million.
Concord Control Systems
The company secured a Rs.56.58 crore Indian Railways order through its subsidiary for supply installation and commissioning of a loco wireless control system.
Diamond Power Infrastructure
The company received a letter of intent from Hild Projects for power cable supply worth Rs.66.18 crore excluding GST.
Dilip Buildcon
The company received an LOA from Adani Road Transport for a Rs.3400 crore EPC road project and was declared L-1 bidder by RECPDCL for a Karnataka transmission project with EPC value Rs.1850 crore.
Gujarat Industries Power Company
The company commissioned the final 135 MW phase completing the 600 MW solar project at Khavda Renewable Energy Park in Gujarat.
NBCC India
The company reached a settlement with GNCTD for 42.46 acres Ghitorni land in Delhi, securing 21.23 acres with perpetual lease and development rights.
RailTel
The company received a Rs.19.84 crore international work order from the Ministry of External Affairs for data centre implementation in Addis Ababa, Ethiopia.
Steel Strips Wheels
The company approved leasing ~3.1 million sq ft land in Gujarat to set up alloy wheel and aluminum steering knuckle units with Rs.420 crore capex by Q4 FY27.
The Great Eastern Shipping Company
The company contracted to sell its 2002-built Very Large Gas Carrier Jag Vishnu (~77,922 cbm) to a third party, delivery scheduled in Q4 FY26.
Vikran Engineering
The company accepted LOAs from M.P. Urja Vikas Nigam for 45.75 MW AC solar projects under PM KUSUM-C in Vidisha district, Madhya Pradesh.
Please refer disclaimer at http://www.aretesecurities.com/
SEBI Regn. No.: INM0000127
More News
Markets to open marginally higher; GIFT NIFTY signals positive start - ARETE Securities Ltd
