22-08-2024 09:33 AM | Source: ARETE Securities Ltd
The markets are expected to open marginally higher today as trends in GIFT - ARETE Securities Ltd

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The markets are expected to open marginally higher today as trends in GIFT Nifty indicate a positive start for the broader index after Nifty closed 71 points higher at 24,770 on Wednesday.

Awfis Space Solution:

The company plans to expand in India by adding 40,000 new seats in FY25, targeting a total of 135,000 seats by fiscal year-end.

Gensol Engineering:

The company bags a repeat order worth ?40 crore from a leading textile company for their rooftop solar project.

Investment Trust of India:

The company says NSE has returned the demerger application of 'Non-Lending Business Undertaking,' asking to refile after obtaining requisite approvals from SEBI departments.

JNK India:

The company received a significant order from Mundra Petrochem, an Adani Group company, worth up to ?500 million.

L&T:

The company has secured a large contract valued between ?2,500 crore and ?5,000 crore.

Ola Electric:

The company has been awarded a 20 GWh capacity under the government's PLI scheme for Advanced Chemistry Cell (ACC) Battery storage, qualifying for incentives over a five-year period from the commissioning of its Gigafactory in Krishnagiri, Tamil Nadu.

Paras Defence:

The government has granted an industrial license to the company for establishing an industrial undertaking to manufacture various products in the defense sector.

RMC Switchgears:

The company has received approval from Rajasthan Renewable Energy Corp. to establish a 50 MW renewable energy park in the state.

Samvardhana Motherson:

The company incorporated unit Motherson Strategic Systems Mideast, Dubai, with a cost of acquisition at AED 100,000.

Sun Pharma:

The company entered into an agreement with PharmaZZ Inc. to invest up to $15 million.

Tata Motors:

The company signs MoU with Delta Electronics and Thunderplus Solutions to install 250 fast-charging stations.

Zomato:

The company will acquire the entertainment ticketing business of OCL, Wasteland Entertainment (WEPL) for ?7.84 billion, and Orbgen Technologies (OTPL) for ?12.65 billion

 

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