IGI Logo

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 82 points lower at 23,250 on Thursday.

BHEL

The company, in a consortium with Hitachi Energy India, signed a contract for a ±800 kV, 6,000 MW Bhadla-Fatehpur HVDC Terminal project under Adani Energy Solutions.

Gabriel India

The company commenced commercial production at its new manufacturing facility in MIDC Chakan, Pune, after acquiring assets from Marelli Motherson Auto Suspension Parts.

Jupiter Wagons

The company’s subsidiary, Jupiter Tatravagonka, secured land in Odisha for India’s first forged railwheel & axle plant, investing ?2,500 crore to produce 100,000 wheelsets annually.

Nestlé India

The company commenced construction of its first Eastern India factory in Khordha, Odisha, with an initial ?900 crore investment for food products.

Ola Electric

The company launched #HyperDelivery, enabling same-day vehicle registration and delivery, starting in Bangalore, with nationwide expansion planned this quarter.

Paras Defence

The company signed an MoU with Israel’s MicroCon to manufacture advanced drone cameras in India, reducing costs by 50-60% and boosting domestic production.

Premier Energies

The company incorporated a wholly owned subsidiary, Premier-Green Aluminium, for manufacturing aluminum frames, with an authorized share capital of ?10 lakh.

Rashtriya Chemicals and Fertilizers

The company approved forming a wholly owned subsidiary in India for organic and innovative inorganic fertilizers, subject to regulatory approvals.

Shakti Pumps

The company secured a ?12.42 crore order from Maharashtra Energy Department Agency for 445 off-grid solar water pumping systems under PM-KUSUM Component-B.

Torrent Power

The company’s subsidiary Torrent Green Energy incorporated Torrent Urja 38, a step-down subsidiary, for renewable energy and hydrogen-related operations with ?5 lakh capital.

UltraTech Cement

The company approved acquiring 100% equity in Wonder WallCare for ?235 crore, adding a 6 lakh MT putty plant in Rajasthan.

Zaggle Prepaid Ocean Services

The company entered into a 2-year agreement with Thomas Cook India to integrate its expense management platform with Thomas Cook’s corporate travel services.

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM0000127