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2025-01-06 08:54:48 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 183 points lower at 24,004 on Friday.

 

Afcons Infrastructure:

The company received a ?1,084.54 crore LOI from DRDO for the ship lift facility at Visakhapatnam, to be completed in 36 months.

H.G. Infra Engineering:

The company received an LOI from Gujarat Urja Vikas Nigam for a 250 MW/500 MWh standalone battery energy storage project in Gujarat.

KPI Green Energy:

The company’s subsidiary, Sun Drops Energia, received LOAs for developing 32.15 MW solar projects under the CPP segment.

KEC International:

The company secured ?1,097 crore T&D orders, including 400 kV transmission lines in UAE and supply contracts in the US, Mexico, and Brazil.

KNR Constructions:

The company received an LOA worth ?327.89 crore for canal lining and embankment works under Telangana's Sitarama Lift Irrigation Project.

Mehai Technology:

The company secured orders worth ?84.57 crore from Leapfrog Engineering for a water transmission project in Bahrain, covering supply and installation work.

NHPC:

The company received MCA approval for amalgamating Lanco Teesta Hydro Power with NHPC, effective post RoC filing.

NTPC Green Energy:

The company, via NTPC REL, secured 1000 MW in UPPCL’s solar PV project auction under tariff-based bidding at ?2.56/kWh.

RailTel:

The company secured a ?14.63 crore order from HPSES for a language lab project, to be completed by April 10, 2025.

Western Carriers (India):

The company secured a ?139 crore material handling contract from Vedanta for operations at its Jharsuguda Plant over four years.

Yatharth Hospital:

The company completed full payment for acquiring a super specialty hospital in Delhi under the SARFAESI Act, with asset transfer in process.

 

 

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