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Market Updates

The markets are expected to open marginally lower today as trendsin GIFT NIFTY indicate a negative start for the broader index afterNIFTY closed 5 points lower at 22,119 on Monday.

ASK Automotive:

The company entered a strategic partnership with Japan’s KyushuYanagawa Seiki to manufacture high-pressure die-cast alloy wheels for 2-wheelers.

EIH :

The company announced two new resorts in Rishikesh, an 80-key OberoiVilas and 120-key Trident, in partnership with Ladhani Group.

Embassy REIT:

The company committed Rs.100 crore to Bengaluru Metro Outer Ring RoadProject for Kadubeesanahalli Station, securing naming rights for 30 years.

Jupiter Wagons:

The company’s subsidiary Jupiter Electric Mobility launched JEM TEZelectric LCV and inaugurated new EV plant at Pithampur, Indore with 8,000-10,000 unit capacity.

Sudarshan Chemical Industries:

The company’s subsidiary Sudarshan Europe B.V. completed acquisition ofGermany-based Heubach Group, strengthening its global pigmentleadership across 19 sites.

Thyrocare Technologies:

The company infused $25,000 (Rs.21.98 lakh) in JV Thyrocare LaboratoriesTanzania, making it a subsidiary, expanding diagnostic services in Tanzania.

Time Technoplast:

The company will introduce PE Pipes for Gas Distribution with Rs.8 croreCAPEX, targeting 30% growth in the PE pipe segment.

Tips Music:

The company expanded its global publishing partnership with Sony MusicPublishing, adding YouTube (excluding India) for international publishingexploitation.

Transformers and Rectifiers (India):

The company secured domestic orders worth Rs.272 crore from Adani Groupand export orders worth Rs.78 crore from Iraq & Australia.

TVS Motor:

The company rolled out OBD-2B compliant range starting with TVS Jupiter110, with full portfolio transition by March 2025

Wendt India:

The company approved incorporating a wholly owned subsidiary inGermany with ?5 crore investment to expand European business presence.

Zen Technologies:

The company secured its third patent for T-90 Tank Simulator, expanding itsportfolio to six patents across T-90, T-72, and BMP-II simulators.

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