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Market Updates

The markets are expected to open marginally lower today as trends in GIFT NIFTY indicate a negative start for the broader index after NIFTY closed 166 points lower at 24,890 on Thursday.

ABB India

The company announced 23% capacity expansion by 2029 at an investment of ?140 crore to introduce and ramp up new products including Flame Proof, Smoke Vent, and Roller Table Motors, and launched IE5 Ultra Premium Efficiency LV Motors.

Ceigall India

The company’s JV with JSP Projects received Rs.509.21 crore LOA from GMADA for Aerotropolis SAS Nagar internal road construction over 24 months.

Dilip Buildcon

The company received LOAs for Rajasthan Water Grid Project on HAM for Rs.2905 crore over 27 months via DBL-RAMKY Consortium and Kerala Industrial Corridor on EPC for Rs.1115.37 crore over 42 months via DBL-PSP JV.

Hindustan Aeronautics

The company signed a Rs.62,370 crore contract with MoD to supply 97 LCA Mk-1A aircraft to the Indian Air Force.

HPL Electric & Power

The company received a Rs.65.72 crore work order from regular customers for the supply of smart meters under normal business operations.

Jupiter Wagons

The company launched 10 ft and 20 ft containerised battery systems with modular, air-cooled design for DG replacement, solar storage, and backup power.

Maharashtra Seamless

The company received a domestic order worth Rs.256 crore for supply of seamless pipes to the oil and gas sector, execution over two quarters.

Optiemus Infracom

The company signed a binding term sheet with Nothing to form a JV for manufacturing and global operations of CMF products in India, planning an investment of over $100 million over the next 3 years.

RITES

The company received an $18 million order from Talis Logistics, South Africa for supply and commissioning of overhauled Cape Gauge ALCO locomotives.

Saregama India

The company approved Pocket Aces Pictures to acquire 100% stake in Finnet Media for Rs.8.70 crore, making it a wholly owned subsidiary.

Sterlite Technologies

The company expanded its partnership with Netomnia to provide end-to-end FTTH solutions, accelerating UK full-fibre rollout while reducing cost and carbon footprint.

Supreme Petrochem

The company commissioned its first ABS line with 70,000 TPA capacity at Amdoshi plant, Maharashtra, and commenced production with Versatis support.

Thomas Cook India

The company partnered with Blinkit to enable rapid delivery of Borderless Multicurrency and Study Buddy forex cards, streamlining access to foreign exchange services.

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