IGI Logo

The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 141.9 points lower at 22,055.1 on Wednesday.

Sugar stocks:
The government announced hiking the sugarcane Fair and Remunerative Price by Rs 25 to Rs 340 per quintal for the 2024-25 season starting October. FRP is the minimum price that mills have to pay to sugarcane growers.

Eureka Forbes:
Promoter Lunolux plans to divest up to 12% stake in the company for Rs 1,148.7 crore via block deals.

Zee Entertainment Enterprise:
SEBI might issue a show cause notice to the company next month in a fund diversion case.

Axis Bank:
Moody's affirmed the lender's Baa3 long-term deposit ratings at 'Baa3' with a stable outlook saying India's favourable operating environment offers the bank an opportunity to further strengthen its market position.

NBCC:
The company received in-principle approval from Greater Noida Authority for the development of unused and purchasable Floor Area Ratio in furtherance of existing projects of Amrapali valued Rs 10,000 crores.

Grasim Industries:
The company will launch Birla Opus Paints Business and will inaugurate three plants.

Salasar Techno Engineering:
The company said it is confident of getting firm orders to manufacture and supply monopoles amounting to Rs 200 crores within the next 12 months.

LTIMindtree:
The company signed an MoU with Eurolife FFH, to establish Gen Al and Digital hubs in Europe and Mumbai.

Sula Vineyards:
The company announced that the Maharashtra government has issued a GR for the continuation of the Wine Industrial Promotion Scheme for a period of eight years.

UPL:
The company incorporated a step-down subsidiary Advanta Seeds Hungary for seeds business.

 

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM000012740