30-01-2024 09:31 AM | Source: ARETE Securities Ltd
The Markets are expected to open marginally higher today as trend in GIFT - ARETE Securities

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The Markets are expected to open marginally higher today as trend in GIFT nifty indicate a positive start for the broader index after Nifty closed 385 points higher at 21,737 on Monday.

Lumax Technologies:

The company completed the acquisition of Lumax Ancillary on Jan. 25.

Krsnaa Diagnostics:

The company received a contract from the Commissioner of Healthcare Services, Maharashtra, to provide MRI scan and CT scan services at 17 Districts in the state hospitals.

Somany Ceramics:

The company's unit started its commercial production of a greenfield Dow Jones 38,333.5 +224.02 +0.59% S&P 500 4,927.9 +36.96 +0.76% Nasdaq 15,628.0 +172.68 +1.12% FTSE 100 7,632.7 ?2.4 ?0.03% CAC 40 7,640.8 +6.67 +0.09% DAX 16,941.7 ?19.7 ?0.12% Shanghai* 2 871 7 ?11 7 ?0 40% The company s unit started its commercial production of a greenfield manufacturing facility of large slab tile of approximately 4 million square meters per annum in Gujarat, with an investment of Rs 185 crore. The manufacturing facility has the potential to generate revenue of ~Rs 250 crore per annum on full capacity utilisation.

Shakti Pumps:

The company received the sanction from the Madhya Pradesh Industrial Development Corporation for 46 acres of land situated at Indore. The company will use this land for future expansion.

Ramkrishna Forgings:

The company provided a corporate guarantee up to an amount of Rs 50 crore for its unit JMT Auto.

GAIL:

The company inked a long?term LNG purchase agreement with Abu Dhabi National Oil for the purchase of 0.5 million metric tonnes per annum LNG.

KEC International:

The RPG group company said that it has secured orders worth Rs 1 304 crore across various businesses.

SEPC:

The company approved fundraising up to Rs 250 crore by issuance of equity shares and increase in authorized share capital to Rs 1,750 crore from Rs 1,450 crore.

Punjab National Bank:

The bank approved raising funds up to Rs 7,500 crore in FY25 via qualified institutional placements further public offers or other modes The shareholding of the government remains above 52%.

Ganesh Benzoplast:

The company's unit received an arbitrage award in its favor, against Indorama Synthetics. The unit will get a counterclaim of Rs 19.09 crore.

Earnings In Focus:

Apar Industries, Arvind, Astral, Adani Total Gas, Bajaj Finserv, Bajaj Holdings and Investment, Blue Star Ltd. Cochin Shipyard, Coromandel International, Dr Reddy’s Laboratories Gillette India Indian Metals and Ferro Alloys JBM DXY Index 103.57 0.14 0.14 VIX Value Change (Pts) Change (%) India VIX 15.7 +0.0000 +0.00% S&P 500 VIX 13.6 +0.34 +2.56% 1 Dr. Reddy s Laboratories, Gillette India, Indian Metals and Ferro Alloys, JBM Auto, Johnson Controls?Hitachi Air Conditioning India, JKumar Infraprojects, Jaiprakash Associates, Jubilant Ingrevia, etc.

 

 

 

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