The Markets are expected to open marginally higher today as trend in GIFT nifty indicate a positive start - ARETE Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Market Updates
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 256 points higher at 21,182 on Thursday.
Religare Enterprises:
The RBI has rejected the company's proposal to buy an 87.5% stake in Religare Housing Development Finance Corp., a subsidiary company of Religare Finvest Ltd., and asked it to submit a fresh application.
Exide Industries:
The company invested 100 crores in its unit, Exide Energy Solutions. The company’s total investment in its unit is Rs 1,780 crore
Infibeam Avenues:
The company announced its strategic foray into the capital markets and digital lending software market by acquiring a 49% stake in Pirimid Fintech for Rs 25 crore to solidify this strategic partnership
Jayaswal Neco Industries:
Kotak Strategic Situations India Fund to invest Rs 1,500 crore via NCDs as part of Rs 3,200 crore financing the company seeks for refinancing existing debt.
IRB Infra Trust:
The company emerged as the preferred bidder for the project of tolling, operation, maintenance, and transfer of the Kota bypass and cable stay bridge toll. The company will pay a Rs 1,683 crore upfront concession fee to NHAI.
Mazagon Dock Shipbuilders:
The company collaborated with NavAIt Kochi and launched the MDL solar electric boat, which is the nation's fastest solar?electric boat.
LTIMindtree:
The company opened a new delivery centre in Mexico City as part of expanding its presence in Latin America.
Satin Credit Care Network:
The company opened qualified institutional placement and set the floor price at Rs 242.81 per share, which indicates a discount of 2.31% to the stock's previous close of Rs 248.55 on the NSE.
Adani Enterprises:
Israel?based defence electronics company Elbit Systems Ltd. picked up a 44% stake in an Adani Defence Systems and Technologies Ltd. unit to develop and manufacture various autonomous aerial technologies and systems for defence applications.
Dr. Reddy’s Laboratories:
The company becomes the first Indian pharma company to debut on the Dow Jones Sustainability World Index.
Genus Power Infra:
The company's unit received a letter of intent worth Rs 1,026 crore for the appointment of advanced metering infrastructure service providers for the supply, installation, and commissioning of a million smart prepaid metres.
Jupiter Wagons:
The company received an order worth Rs 1,617 crore from the Ministry of Railways to manufacture and supply 4000 BOXNS wagons.
Please refer disclaimer at http://www.aretesecurities.com/
SEBI Regn. No.: INM000012740
