Markets to open marginally higher; GIFT NIFTY signals positive start - 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 151 points higher at 25,966 on Friday.
Fortis Healthcare
The company agreed to acquire People Tree Hospital, Yeshwanthpur, Bengaluru for Rs.430 crore and plans additional Rs.410 crore investment to expand capacity to 300+ beds.
Great Eastern Shipping
The company contracted to buy a 2015-built secondhand VLGC of about 84,048 cbm, expected to join the fleet in Q4 FY26.
GMR Airports
The company acquired 49.90% stake in Delhi Duty Free Services from DIAL for Rs.183.22 crore, increasing its holding to 66.93%.
Hindustan Construction Company
The company, through HCC-VCCL JV with 65% stake, secured a Rs.901 crore Northeast Frontier Railway contract for Tunnel 28 on the Tupul–Imphal broad gauge line.
Indus Towers
The company incorporated a step-down wholly owned subsidiary, Indus Towers Management FZE, in the UAE through its wholly owned subsidiary Indus Towers FZE.
Knowledge Marine & Engineering Works
The company received a Rs.58.39 crore work order from DCIL for rock dredging at JNPA, Mumbai, to be completed within 90 days.
Krishna Institute of Medical Sciences
The company entered a long-term lease for ~1.168 acres in Chennai to set up a ~300-bed super speciality hospital.
NBCC (India)
The company received a PMC work order from IIM Sambalpur for Phase-II infrastructure development of its permanent campus worth Rs.179.37 crore.
Park Medi World
The company agreed to acquire 100% stake in KP Institute of Medical Sciences, Agra, Uttar Pradesh, a 360-bed hospital, for Rs.245 crore in cash.
RITES
The company signed an MoU with the Government of Botswana to collaborate on railway and transport infrastructure modernisation projects across the country.
Tata Consultancy Services
The company launched TCS BaNCS AI Compass, an AI upgrade to its BaNCS platform for banking and securities clients, enhancing decision-support capabilities.
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