IGI Logo

The markets are expected to open marginally lower today as trendsin GIFT Nifty indicate a negative start for the broader index afterNifty closed 234 points lower at 22,519.4 on Friday.

HAL:

The company has received a ?65,000 crore tender from the Indian DefenceMinistry for 97 LCA Mark 1A fighter jets, an advanced version of the ‘Tejas’aircraft, and is poised to secure deals for over 200 LCA Mark 2s and fifthgeneration Advanced Medium Combat Aircraft.

Reliance Power:

The firm has completed the transfer of its wind power project, with acapacity of 45 MW situated in Maharashtra, over to JSW Renewable Energy,in exchange for a sum of Rs 132.39 crore.

Engineers India Limited:

The firm inked an MoU with Detect Technologies for the deployment of AIin monitoring construction activities.

ISMT:

The company received two orders totaling Rs 343.7 crore from ONDC forthe supply of casing pipes.

Rail Vikas Nigam:

The company secured a letter of acceptance for projects related to the newline between Araria and Galgalia under N.F. Railway, with the project valuedat Rs 95 crore.

Ami Organics:

The company has sanctioned a fundraise of up to ?500 crore via QIP.

Power Grid Corp:

The company is considering raising up to ?12,000 crore through NCDs on aprivate placement basis, with the matter set for discussion in the boardmeeting on April 17.

Zuari Industries:

The National Company Law Tribunal has approved the merger of ZuariSugar and Power into the company.

NIBE:

The subsidiary Karmayogi Manufacturing Pvt. Ltd. received an order fromOrdefence Systems Limited worth ?307.76 crore for small arms assembliesand kits.

Granules:

The company underwent a U.S. FDA inspection at its Andhra Pradesh facilityfrom April 8-12, which concluded with zero observations.

Oriana Power:

The firm has commenced operations of a 29MWP captive open access solarpower facility in Karnataka.

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM000012740