The Markets are expected to open lower today as trend in GIFT nifty indicate a negative start for the broader index - ARETE Securities
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The Markets are expected to open lower today as trend in GIFT nifty indicate a negative start for the broader index after Nifty closed 65 points lower at 22,032 on Tuesday.
Rail Vikas Nigam:
The company has formed a 49:51 joint venture with Jakson Green for solar projects outside India. The company incorporated a new subsidiary company, RVNL Infra, in South Africa.
G R Infraprojects:
The company, through its arm, executed the concession agreement with the National Highways Authority of India for highways in Uttar Pradesh. The project cost is Rs 1,085 crore.
UltraTech Cement:
The company incorporated its Meghalaya unit, Letein Valley Cement for limestone mining.
Karnataka Bank:
The company and Clix Capital entered into a strategic digital co-lending partnership through the Yubi Co-lending Platform to provide loans to the Indian MSME sector.
PNC Infratech:
The company received a letter of award for a road construction project worth Rs. 1,174 crore in Bhopal from Madhya Pradesh Road Development Corp.
GMR Airports:
The company reported total passenger traffic at airports at 1.1 crore, up 15.3% YoY and total aircraft movements at airports at 68,095, up 8.3% YoY for the month of December.
Adani Energy Solutions:
The company reported an over 14% jump in sales and a pipeline of 2.1 crore smart metres with a contract value of Rs 25,100 crore in the third quarter of FY24.
L&T Technology Services:
The company approves the re-appointment of Amit Chadha as CEO and MD for 3 years w.e.f. April 1.
Indian Renewable Energy Development Agency:
The company joined hands with Indian Overseas Bank for co-lending and loan syndication for a diverse spectrum of renewable energy projects across the nation.
Earnings In Focus:
Alok Industries, Asian Paints, Ganesh Housing Corp, Happiest Minds Technologies, ICICI Prudential Life Insurance, IIFL Finance, LTIMindtree, Oracle Financial Services, and Steel Strips Wheels.
Please refer disclaimer at http://www.aretesecurities.com/
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