The markets are expected to open marginally higher today as trends in GIFT Nifty indicate a positive start - ARETE Securities Ltd
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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