25-10-2024 09:11 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 36 points lower at 24,399 on Thursday.

Ashok Leyland:

The company’s subsidiary OHM Global Mobility secured an order for 500 ultra-low floor electric buses from MTC, Chennai.

Azad Engineering:

The company received a $16 million contract from Honeywell Aerospace ISC for high-complexity aviation components.

HCLTech:

The company extended its partnership with Transport for NSW (Australia) through a new five-year agreement to manage 260+ applications, ensuring future-ready transport services.

Indian Hotels Company:

The company invested ?49.99 crores in Zarrenstar Hospitality, its wholly-owned subsidiary, via rights issue to develop a hotel at Cochin Airport.

John Cockerill:

The company received a ?105 crore contract from Jindal India for a colour coating line at its Ranihati plant.

KPI Green Energy:

The company’s subsidiary Sun Drops Energia received Letters of Award for developing solar power projects with a cumulative capacity of 9 MW under the Captive Power Producer segment.

Marine Electricals:

The company received orders worth ?11.27 crores for LV and MV panels from Listenlights, Nxtra Data, and Core Greentech.

RailTel:

The company received a ?144.88 crore work order from Home Department, Government of Gujarat, for CCTV installation and maintenance.

Ramkrishna Forgings:

The company approved ?12.90 crore equity investment in AMP Energy C&I Fifteen Private Limited for solar power procurement.

Tata Power:

The company partnered with Keppel to launch sustainable Cooling-as-a-Service (CaaS) solutions in India.

 

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