Markets seen opening slightly higher as GIFT NIFTY signals gains - 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 78 points lower at 26,250 on Monday.
Bondada Engineering
The company received LOA from AP TRANSCO for 225 MW 450 MWh standalone BESS at Hindupur Andhra Pradesh valued at Rs.627 crore.
Diamond Power Infrastructure
The company received a letter of intent from Larsen & Toubro Construction for supply of power cables valued at Rs.72.51 crore exclusive of GST.
Heritage Foods
The company completed acquisition of 51% stake in Peanutbutter and Jelly for Rs.9 crore making it a subsidiary.
Hi-Tech Pipes
The company commenced commercial production at its Kathua Jammu greenfield plant with 80,000 tonne capacity investing Rs.51 crore to expand value added steel products.
Leela Palaces Hotels & Resorts
The company incorporated a wholly owned subsidiary Leela Imperial Suites to own and operate luxury hotels and resorts under The Leela brand.
MOIL
The company reported record manganese ore production of 4.77 lakh tonnes in Q3 up 3.7% YoY and 14.21 lakh tonnes in nine months up 6.8% YoY.
NBCC India
The company received work orders worth Rs.134.05 crore for university renovation and school civil works in Odisha under PM-USHA and state education schemes.
Park Medi World
The company acquired 100% shareholding of 250-bed Krishna Super-speciality Hospital, Bathinda from promoters for Rs.40 crore, expanding its North India hospital network.
Samvardhana Motherson International
The company’s subsidiary secured Government ECMS incentives for electronics enclosures with planned investment of Rs.1,900 crore over six years.
Waaree Energies
The company’s subsidiary Waaree Energy Storage Solutions raised ~Rs.1,003 crore to fund a 20 GWh lithium-ion cell and battery pack manufacturing facility.
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