12-09-2024 09:24 AM | Source: ARETE Securities Ltd
The markets are expected to open marginally higher today as trends in GIFT Nifty indicate a positive start - 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 122 points lower at 24,918 on Wednesday.

Aurionpro:

The company secured a five-year, ?200 crore contract from the Panvel Municipal Corporation for the Panvel Safe City project involving advanced surveillance and smart city technologies.

Axis Bank:

The RBI imposed a monetary penalty of ?1.91 crore for non-compliance in account openings, customer codes, and collateral security.

Bharti Airtel:

The company completed deploying 5.2 MHz on the 1800 band and 7 MHz on the 900 band, enhancing 5G/4G capacity and coverage across cities and rural areas.

Castrol India:

The company expanded its auto care range with new products like microfiber cloth and shiner sponge, available in retail stores and online platforms.

CEAT:

The company commenced commercial production of Truck and Bus Radial tyres at its Tamil Nadu plant, targeting 1,500 tyres per day within 12 months.

CE Info Systems:

The company partnered with Zoomcar for AI-powered integration via Mappls to enhance road trips and travel.

Gravita India:

The company’s subsidiary, Gravita Netherlands BV, signed an MOU to acquire a Waste Tyre Recycling plant in Romania with a capacity of 17,000 MTPA.

Lemon Tree Hotels:

The company signed a new property in Pune to be managed by subsidiary Carnation Hotels, opening expected by FY2026.

NBCC:

The company signed an MoU with Mahanagar Telephone Nigam for ?16 billion.

Nazara Technologies:

The company’s unit to acquire a 15.86% stake in Getstan Technologies for up to $2.2 million (?182.6 million).

Strides Pharma Science:

The company received overwhelming approval for creating OneSource, India’s first specialty pharma CDMO, a milestone in its strategic initiative.

Winsol Engineers:

The company received ?14.63 crore for a work order and ?13.02 crore for a purchase order from Suzlon Global Services for the 220KV EHV transmission line project.

 

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