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 445 points higher at 24,188 on Thursday.
Balmer Lawrie:
The company announced an equity funding of ?1 crore to NapTapGo, a startup developing AI-integrated pod hotels across India.
Brigade Enterprises:
The company’s subsidiaries acquired a 51% stake in Ananthay Properties Private Limited for ?1.94 crores to develop real estate projects.
Dollar Industries:
The company approved raising ?350 crores via QIP or other modes, subject to shareholder and regulatory approvals, with MFC handling specifics.
Divi’s Laboratories:
The company commenced partial operations of Phase I at its Unit III greenfield project in Kakinada, Andhra Pradesh, investing ?1,200-1,500 crores.
Force Motors:
The company received an order to supply 2,429 BSVI Diesel Ambulances to Uttar Pradesh's Medical Health and Family Welfare Department by March 2025.
Hyundai Motor India:
The company unveiled Hyundai CRETA Electric with 42kWh and 51.4kWh options, offering ranges of 390km and 473km, emphasizing bold design and sustainability.
Intellect Design Arena:
The company integrated Thales payShield HSM into its eMACH.ai Cards platform, enhancing security, cryptographic operations, and compliance for financial institutions.
IRFC:
The company signed an MoU with REMCL to finance renewable energy projects for Indian Railways, supporting its net-zero emissions goal by 2030.
MOIL:
The company reported record Q3 FY25 performance with manganese ore production at 4.6 lakh tonnes and sales at 3.88 lakh tonnes (+13% YoY).
RITES:
The company’s subsidiary REMC signed an MoU with IRFC to collaborate on financing power projects, including renewable energy for Indian Railways.
Varun Beverages:
The company invested ?412.80 crores in its South African subsidiary, The Beverage Company Proprietary Limited, by subscribing to ordinary shares.
Vishnu Prakash R Punglia:
The company was selected as the lowest bidder for a ?43.31 crore EPC project in Rajasthan by MoRTH, Jaipur Regional Office.
Please refer disclaimer at http://www.aretesecurities.com/
SEBI Regn. No.: INM00001274
Tag News
Weekly Technical Market Outlook 04-01-2025 by Jainam Share Consultants