Markets seen opening marginally higher; GIFT NIFTY positive - ARETE Securities Ltd
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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 106 points higher at 25,790 on Monday.
Aurionpro Solutions
The company received a Rs.150 crore order from DMRC to implement AFC systems for Bhopal and Indore Metro projects with five-year maintenance scope.
C.E. Info Systems
The company approved a Rs. 2 crore investment via CCPS to acquire 6.06% stake in indoor navigation startup Iwayplus to support innovative technology initiatives.
JTL Industries
The company secured an order from Punjab State Transmission Corporation for manufacture fabrication and galvanization of 220kV transmission tower material and substation structures.
KP Green Engineering
The company signed an MoU with the Government of Gujarat to develop renewable energy projects of about 855 MW involving proposed investment of Rs.4,000 crore.
Larsen & Toubro
The company will acquire the remaining 40% stake in L&T Sapura Shipping for Rs.122.39 crore plus US$16.93 million loan repayment, making it wholly owned to strengthen offshore project execution.
MAN Industries
The company secured Rs.550 crore line pipe orders from domestic and international clients, taking the unexecuted order book to Rs.4,600 crore.
Maruti Suzuki
The company signed an MoU with IOCL to set up service facilities at fuel outlets and approved land acquisition at Khoraj Industrial Estate for Rs.4,960 crore to add 1 million units capacity.
NBCC India
The company’s subsidiary HSCC signed an MoU with BEL for healthcare manufacturing services medical devices healthcare IT project execution and AMC support.
Royal Orchid Hotels
The company signed a hotel management agreement for Regenta Place Udaipur, a 43-key property with banqueting facilities, strengthening its presence in Rajasthan.
Shakti Pumps (India)
The company received a letter of award from Karnataka Renewable Energy Development Limited for 16,780 off-grid solar water pumping systems under PM-KUSUM worth ?654.03 crore.
TVS Supply Chain Solutions
The company secured a three-year contract from Daimler India Commercial Vehicles to manage in-plant warehouse operations at its Chennai manufacturing facility.
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