Nifty closed 238 points lower at 21,817.45 on Tuesday - ARETE Securities Ltd
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 238 points lower at 21,817.45 on Tuesday.
UltraTech Cement:
The composite scheme of arrangement with Kesoram Industries has been successfully executed, signifying a substantial landmark for both companies.
KIOCL:
In the pellet plant unit located in Mangalore, the company has successfully installed four vertical pressure filters, each boasting a capacity of 100 tons per hour.
Matrimony.com:
The board has sanctioned the re-appointment of Murugavel Janakiraman to the position of managing director for a term of three years, commencing on April 1.
Rushil Decor:
The establishment of the unit Rushil Modala Ply has been completed by the company, dedicated to the production and distribution of plywood and related products.
Narayan Hrudayalaya:
The company has sanctioned the issuance of 30,000 NCDs, aggregating to a sum of Rs 300 crore, through a private placement.
IFCI:
The firm has endorsed a preferential allotment of equity shares valued at Rs 500 crore to the government for the fiscal year 2024.
Persistent System:
The acquisition of a complete 100% stake in Persistent Systems U.K. from the Aepona Group has been finalized by the company.
Indiabulls Housing:
The board has authorized the release of a circular related to the offering of bonds in foreign currency.
Aditya Birla Capital:
The promoter is set to utilize the green shoe option for the shares of Aditya Birla Sun Life AMC.
Care Ratings:
The company's board has ratified the establishment of a fully owned subsidiary within GIFT City, Gujarat.
Apollo Hospital:
Apollo Hospital: The firm has reappointed Madhu Sasidhar as President and CEO of the Hospitals Division, with the new designation taking effect from April 1.
Samvardhana Motherson International:
The firm has declared the procurement of an 81% interest in Yachiyo 4W's operations and full equity ownership in Yachiyo India's manufacturing unit.
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Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities