09-04-2024 09:20 AM | Source: ARETE Securities Ltd
Nifty closed 153 points higher at 22,666.3 on Monday - ARETE Securities Ltd

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The markets are expected to open marginally higher today astrends in GIFT Nifty indicate a positive start for the broader indexafter Nifty closed 153 points higher at 22,666.3 on Monday.

 

 Gland Pharma:

Nicomac Machinery and RP Advisory Services to offload up to 4.9% at Rs1,725 each, a 7.34% market discount.

Dilip Buildcon:

The company secured a Rs 1,092 crore contract from Haryana RailInfrastructure Development Corp for an EPC project.

Rail Vikas Nigam:

The company incorporated a subsidiary, “RVNL INFRA MIDDLE EAST,”in Oman.

Paisalo Digital:

The company will hold a board meeting on April 12 to considerfundraising via NCD allotment on a Private Placement basis.

H.G. Infra Engineering:

The company has incorporated a wholly owned subsidiary, ‘H.G.Chennai-Tirupati,’ to undertake an Rs 862.11 crore project from theNational Highways Authority of India.

PCBL:

The company’s arm commissioned a 12 MW power plant in Tamil Nadu,bringing its total cogeneration power capacity to 122 MW.

Hikal:

The company acquired a 5.73% stake in FPEL Ujwal for Rs 4.12 crore tomeet captive electricity needs as per the Indian Electricity Act, 2003.

Axis Bank:

Bain Capital intends to sell its entire stake through a block deal.

Yes Bank:

The company received Rs 244 crore from a trust in the SecurityReceipts Portfolio following the NPA Portfolio sale to JC Flower ARCin December 2022

Shilpa Medicare:

The company initiated its qualified institutional placement at Rs 477.33per share, a 10% discount to the market price, leading to an 11.24%equity dilution post-issue.

SJVN:

The company’s arm, SJVN Green Energy, entered a joint venture withAssam Power Distribution Company for renewable energy projects,holding a 51% stake.

 

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