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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 72 points lower at 24,781 on Monday.

EPACK Durable:

The company partnered with Hisense India to manufacture air conditioners and home appliances in India, enhancing local manufacturing capabilities and aiming for a leadership position in the market.

G E Shipping:

The company delivered its 2011 built Supramax Dry Bulk Carrier "Jag Rani," reducing its fleet to 41 vessels, including 28 tankers and 13 dry bulk carriers, totaling 3.31 mn dwt.

Gensol Engineering:

The company, in partnership with Matrix Gas & Renewables, will develop India’s first Green Steel facility using 100% Green Hydrogen with a capex of Rs.321 crores, backed by 50% capex incentives under the National Green Hydrogen Mission.

Godrej Properties:

The company acquired ~3 acres in Vastrapur, Ahmedabad, with plans for ~0.9 million sq. ft. of premium residential development and an estimated booking value of Rs.1,300 crore.

Network People:

The company reported Q2 results with Sales growth of +143% YoY to Rs.68.99 crores (?15% QoQ), EBITDA rising +167% YoY to Rs.25.35 crores (?14% QoQ), and Net Profit up +263% YoY to Rs.18.16 crores (?16% QoQ).

RattanIndia Enterprises:

The company launched Akkord, offering guitars, ukuleles, keyboards, and accessories.

Sanofi Consumer Healthcare:

The company sold a 50% controlling stake in Opella to CD&R for €16 billion, with Sanofi retaining significant ownership and the transaction expected to close by Q2 2025.

Solara Active:

The company reported Q2 results with Sales declining -18% YoY to Rs.347 crores (?4% QoQ), EBITDA rising +63% YoY to Rs.61.3 crores (?46% QoQ), and Net Profit up +168% YoY to Rs.8.01 crores (?160% QoQ).

Sona BLW Precision Forgings:

The company inaugurated its second plant for driveline products in Manesar, Haryana, to cater to the growing demand.

TD Power Systems:

The company secured a 5-year contract for supplying traction motors to the European market, with an initial order of Rs.18 crore and total business volume expected around Rs.300 crore over the contract period.

Ultratech Cement:

The company reported Q2 results with Sales down -3% YoY to Rs.15,308 crores (?14% QoQ), EBITDA falling -18% YoY to ?2,239 crores (?30% QoQ), and Net Profit decreasing -36% YoY to Rs.820 crores (?52% QoQ).

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