Nifty closed 195 points higher at 21,982.80. on Thursday - Arete Securities
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The Markets are expected to open marginally higher today as trend in GIFT nifty indicate a positive start for the broader index after Nifty closed 195 points higher at 21,982.80. on Thursday.
Adani Enterprises:
Company has sold its complete ownership in Vizag Tech Park to Adani Infrastructure and Developers for Rs 151 crore.
Vedanta:
Company formed Hindmetal Exploration Services through its subsidiary, Hindustan Zinc, with the aim of exploring, discovering, developing, and harnessing mineral resources.
Auto Sector:
Automakers will announce their February sales figures on Friday. Companies such as TVS Motor, Bajaj Auto, Tata Motors, Maruti Suzuki India and Hero MotoCorp will be in focus.
Andhra Cement:
Sagar Cements, the promoter of Andhra Cements, has divested a 5% stake in the company through an offer for sale.
Delta Corp:
The company has established Delta Penland, a wholly owned subsidiary intended to serve as a joint venture with Peninsula Land for real estate development initiatives.
MPS:
The company's unit, MPS North America, acquired AJE to scale AI capabilities and enter the B2C market.
Suven Pharmaceuticals:
Company is set to merge with Cohance Lifesciences, where Cohance shareholders will be entitled to receive 11 shares of the merged entity for every 295 shares of Cohance they hold.
ICICI Bank:
The company has increased its ownership in ICICI Lombard by acquiring an additional stake valued at Rs 431 crore. This transaction solidifies ICICI Lombard's status as a subsidiary of the bank.
CG Power And Industrial Solutions:
The company, in partnership with Renesas Electronics Corp., will make an investment of Rs 7,600 crore to set up a semiconductor unit in Gujarat.
Dilip Buildcon:
The company’s unit received an order worth Rs 1,955 crore from the National Highways Authority of India for the construction of the Four-Lane Urga-Patalgaon section in Chhattisgarh.
Rallis India:
The company appointed Gyanendra Shukla as MD and CEO for 5 years, with effect from April 1.
Godrej Industries:
The company has made further investments in Godrej Capital. It now holds an 89.48% stake in the company.
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