01-07-2024 09:51 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 33 points lower at 24,010 on Friday.

 

Adani Ports:

The company has completed the divestment of 49% stake in Adani Ennore Container Terminal Private Limited to Mundi Limited.

Aditya Vision:

The company to consider the proposal of sub-division/split of the equity shares on July 3; company to consider and approve the proposal of listing of equity shares on NSE on July 3.

BCPL Railway Infra:

The company secured a new order worth ?349.5 million from Indian Railways.

Central Bank of India:

The company entered into a distributorship agreement with Mirae Asset Investment Managers (India) for the distribution of mutual fund products under its do-it-yourself model.

Craftsman Auto:

The company has completed the acquisition of 24% of the equity stake in DR Axion India Private Limited; cost of acquisition is 250 crore rupees; entity being acquired belongs to the auto components industry.

GE Power India:

The company received purchase orders from NTPC and Maharashtra State Power Generation Company; received purchase order from NTPC worth 60.8 million rupees and from Maharashtra State Power Generation Company worth 60 million rupees.

Godrej Properties:

The company acquired 7 acres of land in Thanisandra, North Bengaluru, with a developable potential of 9 lakh square feet and an estimated revenue potential of ?1,200 crore. Also, the company acquires leasehold rights for 11 acres in Hinjewadi, Pune with revenue potential of Rs 1,800 crore.

Inox Wind:

The company has allotted NCDs worth 500 crore rupees.

Jupiter Wagon:

The company allotted convertible warrants to promoter worth 135 crore rupees.

Mudnuru:

The company received an order to provide an SMS aggregating solution to Indian Bank. The size of the order is approximately ?1.96 crore.

Navin Fluorine:

The company approved the proposal of fund raising by way of issuance of equity shares for an aggregate amount not exceeding ?750 crore.

NTPC:

The company approved the issue of NCDs worth 12,000 crore rupees in one or more tranches/series not exceeding 12.

Poly Medicure:

The company has considered and approved raising of funds not exceeding 1,000 crore rupees by way of QIP.

Vodafone Idea:

The company hikes tariffs across pre-paid and post-paid plans by 10-21%.

 

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