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2024-01-17 10:00:53 am | Source: ARETE Securities Ltd
The Markets are expected to open lower today as trend in GIFT nifty indicate a negative start for the broader index - ARETE Securities

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.

 

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