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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 108 points higher at 24,324 on Wednesday.

Ahasolar Technologies:

The company gets a work order for electric vehicle charging infrastructure worth INR 4.5 million.

Bajaj Finance:

The company allotted 3,42,020 NCDs at a face value of INR 1 lakh each, aggregating to INR 34.43 billion on a private placement basis.

Bajaj Healthcare:

The company approved the issuance of convertible equity warrants worth INR 70.3 crore and the issuance of equity shares on a preferential basis worth INR 136.7 crore.

GTL Infra:

Telecom equipment manufacturing sales cross the INR 50,000 crore milestone under the PLI scheme, according to government sources.

IRCTC:

The company, DMRC, and CRIS collaborate to promote the 'One India – One Ticket' initiative, enhancing the travel experience for mainline railway and metro passengers in the Delhi NCR area.

JTL Industries:

The company reports Q1 EBITDA at INR 397 million vs INR 355 million YoY and Q1 EBITDA margin at 7.7% vs 7.04% YoY.

M&M:

The company says it kick started efforts with the launch of AX5 Select variant in May 2024. Additionally, it introduced a 3rd anniversary celebration variant for the higher-end XUV700 for a limited period of 4 months.

Ministry of Commerce & Industry:

The mutual recognition agreement between India and Taiwan for organic products will pave the way for the export of major Indian organic products such as rice, processed food, tea, medicinal plant products, etc., to Taiwan.

Oriana Power:

The company says it got a new order for a 40 MWP solar power plant under the captive segment for approximately INR 1.55 billion.

SBI:

The bank raised INR 10,000 crores at a coupon rate of 7.36% through its sixth infrastructure bond issuance.

Shalby:

The company gets a 30-year lease on the immovable property of Trust Asha Parekh Hospital and plans to construct a new 175+ bedded healthcare facility in Santacruz, Mumbai.

UltraTech Cement:

The company's UAE unit completes acquisition of a 54.4% stake in Ras Al Khaimah Co. for White Cement and Construction Materials PSC, making RAKWCT a subsidiary of the company unit effective from July 10, 2024.

Yes Bank:

The company’s Ba3 ratings have been affirmed by Moody's Ratings, which changed the outlook to positive from stable.

Zydus:

The company receives final approval from USFDA for sacubitril and valsartan tablets, which have US sales of approximately USD 5.5 billion.

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