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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 255 points lower at 24,712 on Tuesday.

Aurobindo Pharma

The company’s subsidiary CuraTeQ Biologics received UK MHRA approval for Dazublys, its trastuzumab biosimilar, marking its fourth MHRA-approved biosimilar.

BLS International Services

The company received a Rs.2,055.35 crore work order from UIDAI to establish and operate district-level Aadhaar Seva Kendras across India for six years.

Cipla

The company completed acquisition of 20% voting rights in iCaltech Innovations Private Limited to strengthen its presence in healthcare technology solutions.

Escorts Kubota

The company launched Kubota MU4201 tractor in 41-44 HP segment and introduced upgraded MU4501 and MU5502 models with advanced Japanese lift technology.

G R Infraprojects

The company received LOI from REC to build power evacuation systems for 2,500 MW RE projects in MP with ?367.07 crore annual charges for 35 years.

Graphite India

The company subscribed to Godi India’s rights issue for ?Rs.18.65 crore, raising its stake from 33.77% to 45.76% in the associate.

JSW Steel

The company incorporated APJSW Private Limited, an 89%-owned JV with APMDC to develop the Rs.1,075 crore Konijedu Marlapadu Integrated Iron Ore Project in Andhra Pradesh.

Maruti Suzuki

The company started production of its first BEV e VITARA for sales in over 100 countries and began lithium-ion battery cell manufacturing in India.

Oil India

The company signed a JV agreement with BPCL to develop city gas distribution in Arunachal Pradesh including CNG stations and PNG supply.

SAMHI Hotels

The company signed an agreement to lease a 260-room mid-scale hotel in Hyderabad’s Financial District with estimated development cost of Rs.125-Rs.143 crores.

Texmaco Rail & Engineering

The company approved a joint venture with RVNL, acquiring 49% stake for Rs.4.9 crore to manufacture rolling stock and execute rail EPC projects.

United Breweries

The company will add a canning line at Nizam Brewery, increasing capacity from 0.5 mhl by 80% in one year with Rs.90 crore investment through internal accruals.

Waaree Energies

The company’s subsidiary Waaree Solar Americas secured an order to supply 452MW solar modules to a leading U.S. utility-scale solar and energy storage developer.

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