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 21 points lower at 24,509 on Monday.
Centrum Capital:
The company approved the issuance of non-convertible debentures worth up to INR 1.65 billion on a private placement basis.
Cyient DLM:
The company reported Q1 EBITDA of INR 200.7 million (flat YoY), EBITDA margin of 7.78% (down from 9.2% YoY), revenue of INR 2.58 billion (up 18.9% YoY), and net profit of INR 106.7 million (up 99.1% YoY).
Dodla Dairy:
The company reported Q1 revenue of INR 9.1 billion (up 10.5% YoY), Q1 EBITDA of INR 1.05 billion (up 74.1% YoY) with an EBITDA margin of 11.49% (up from 7.33% YoY), and Q1 net profit of INR 650 million (up 85.7% YoY).
Gensol Engineering:
The company emerged as the winning bidder for 116 MW (150 MWP) of solar projects in Gujarat, with an approximate EPC revenue of INR 600 crore.
IOB:
The company reported Q1 interest earned of INR 65.3 billion (up 20.5% YoY), provisions and contingencies of INR 9.3 billion (up 21.3% QoQ), GNPA of 2.89% (down from 3.1% QoQ), and NNPA of 0.51% (down from 0.57% QoQ).
Lemon Tree Hotels:
The company signed two properties in Pathankot, Punjab, and Goa, both expected to open in FY 2026.
Oil India:
The company and Dolphin Drilling signed a contract for hiring Blackford Dolphin, which will be deployed for drilling in Andaman offshore blocks.
Power Mech Projects:
The company won an order worth INR 5.94 billion for the construction of the Government Medical College & Hospital for Uttarakhand Pey Jal Nigam Ltd (UKPJNL), Uttarakhand.
RailTel Corp:
The company received a work order worth INR 1.87 billion from the Ministry of Railways for design, development, implementation, operations, and maintenance of HMIS and an integrated empanelled hospital referral portal.
Reliance Industries:
The company's unit, Reliance New Energy, acquired the remaining 12.7% stake in Reliance Lithium Werks B.V. for EUR 3.7 million.
Varun Beverages:
The company's unit has started commercial production of carbonated soft drinks and packaged drinking water at its facility in the Democratic Republic of Congo.
Vedanta:
The company regained control of Konkola Copper Mines in Zambia and paid USD 245.75 million in line with its commitment under the KCM Scheme of Arrangement.
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