Markets seen marginally lower as GIFT NIFTY signals weak open - ARETE Securities Ltd
The markets are expected to open marginally lower today as trends in GIFT NIFTY indicate a negative start for the broader index after NIFTY closed 100 points lower at 25,942 on Monday.
Bharat Electronics
The company received additional orders worth Rs.569 crore covering radars communication equipment fire control systems simulators software spares and related services.
Ceigall India
The company’s subsidiary received an LOA from MPRDC for the Indore–Ujjain four-lane HAM highway project with bid cost Rs.1,089 crore.
Hindalco Industries
The company’s subsidiary Novelis entered a subscription agreement to issue 50 lakh shares to AV Minerals for $750 million.
Lemon Tree Hotels
The company’s subsidiary executed an HOA for a 228-room Lemon Tree Suites hotel in Tirupati to be operated under a licence agreement.
Lupin
The company signed an exclusive licensing, supply and distribution agreement with Gan & Lee to commercialize the GLP-1 agonist Bofanglutide in India.
NTPC Green Energy
The company declared commercial operation of 13.98 MW from Khavda-I Solar PV Project in Gujarat raising group installed capacity to 8,010.28 MW.
Praveg
The company signed a three-year inventory agreement with Mahindra Holidays for 25 rooms at Praveg Atoll Lakshadweep on a floating basis.
Rail Vikas Nigam
The company emerged L1 from East Coast Railway for setting up a 200-wagon POH workshop at Kantabanji with project cost Rs.201.23 crore.
SEPC
The company received a Rs.230 crore turnkey mining infrastructure order from MOIL for design construction and commissioning of a vertical shaft at Chikla Mine.
VA Tech Wabag
The company secured a Letter of Award from Saudi Water Authority for EPC of a 50 MLD BWRO plant at Aljouf, Saudi Arabia.
Waaree Energies
The company’s subsidiary commenced operations at a 3.05 GW solar inverter manufacturing facility in Sarodhi Valsad Gujarat.
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