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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 428 points higher at 24,834 on Friday.

Sterling and Wilson Renewable Energy:

The company gets orders worth INR 3.28 billion.

HDFC Bank:

The bank received a certificate from IFSCA for successful registration on India International Bullion Exchange IFSC Limited in GIFT-IFSC, as a bullion trading cum clearing member.

20 Microns:

The company's Q1 EBITDA 300M INR vs 264M (YoY); Q1 revenue 2.3B INR vs 1.90B (YoY); Q1 consolidated net profit 178M INR vs 149M (YoY).

Latent View Analytics:

The company reports Q1 EBITDA of 383M INR vs 281M YoY, EBITDA margin of 21.39% vs 19.01% YoY, revenue of 1.8B INR vs 1.47B YoY, and consolidated net profit of 389M INR vs 328M YoY.

Paisalo Digital:

The company announces a board meeting on July 31 to consider and approve the allotment of NCDs through a private placement basis.

ONGC:

The company unit accorded approval for the liquidation of Tamba B.V., Netherlands.

Johnson Control-Hitachi:

Robert Bosch GmbH announces an open offer to buy a 25.75% stake in Johnson Control-Hitachi India, worth INR 11.5 billion.

De Nora India:

The company reported a Q1 EBITDA profit of INR 29.3M vs. a loss of INR 2.14M (YOY), Q1 revenue of INR 127.6M vs. INR 91.4M (YOY) and INR 161.8M (QOQ), and Q1 net profit of INR 28.8M vs. INR 5.2M (YOY) and INR 56.6M (QOQ).

SBI Cards and Payment Services:

The company reported a Q1 GNPA of 3.06% vs. 2.76% (QOQ), NNPA of 1.11% vs. 0.99% (QOQ), Q1 revenue of INR 43.59B vs. INR 39.12B (YOY) and INR 43.48B (QOQ), and Q1 net profit of INR 5.94B vs. INR 5.93B (YOY) and INR 6.62B (QOQ).

Hindustan Zinc:

The company received a tax order demanding INR 18.84B and has filed a rectification application before the tax authority.

Filatex Fashion:

The company’s unit secured an export order for white marble worth USD 35M (INR 2.9B) to be delivered over a period of 7 years.

Maruti Suzuki:

The company received a final assessment order for a demand of INR 7.79B.

Manappuram Finance:

The company reported a potential fraud estimated at INR 200M, allegedly perpetrated by an employee of its unit.

Prudent Corporate Advisory Services:

The company announced that its AUM has surpassed INR 1 lakh crore, becoming the second non-banking mutual fund distributor to achieve this milestone.

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