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Market Updates

The markets are expected to open marginally higher today astrends in GIFT NIFTY indicate a positive start for the broader indexafter NIFTY closed 289 points higher at 24,328 on Monday.

Avenue Supermarts

The company opened a new store in Rewa, Madhya Pradesh, taking thetotal store count to 418.

Coforge

The company approved the sale of 100% stake in step-down subsidiaryCoforge Advantage Go to Sapiens UK for GBP 43 million.

Deepak Fertilisers and Petrochemicals

The company’s subsidiary DMSL allotted Rs.800 crore CCDs on privateplacement to Tata Capital (Rs.500 crore) and SCM Growth LLP (?300 crore).

KPIT Technologies

The company reported Q4 results with sales up +16% YoY to Rs.1,528 crore(+3.4% QoQ) EBITDA up +18.4% YoY to Rs.323 crore (+3.4% QoQ) and netprofit up +47.5% YoY to Rs.245 crore (+30.9% QoQ).

Nazara Technologies

The company approved sale of the entire stake in Openplay Technologies toMoonshine Technology via non-cash consideration through postal ballot.

RateGain Travel Technologies

The company launched UNO VIVA, the first CRS-integrated AI voice agentfor hotels to enhance reservation management and guest experience.

Royal Orchid Hotels

The company signed a 70-key upscale lifestyle hotel in Mussoorie, spreadacross 7 acres, offering suites, restaurants, wedding zones, wellnessfacilities, and conference spaces, increasing its Uttarakhand presence to 6hotels.

Sonata Software

The company secured a $73 million five-year deal with a major US-basedTMT player to drive AI-led modernization and digital transformation.

UltraTech Cement

The company reported Q4 results with sales up +7% YoY to Rs.20,856 crore(+30% QoQ), EBITDA up +13% YoY to Rs.4,725 crore (+58% QoQ) and netprofit up +19% YoY to Rs.2,682 crore (+87% QoQ) and declared a dividend of Rs.77.50 per share.

Wipro

The company secured a five-year contract from Vorwerk to manage andtransform its IT landscape including infrastructure consolidation and cybersecurity enhancement.

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