02-07-2024 09:43 AM | Source: ARETE Securities Ltd
The markets are expected to open marginally higher today as trends in GIFT Nifty indicate a positive start By 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 131 points higher at 24,141 on Monday.

 

Asian Paints:

The company says an amount of Rs 1,305 crore approximately has been invested by the company towards the increase in installed capacity.

Carysil:

The company approved floor price for QIP issue at 837.89 rupees per share; company opens QIP, sets floor price at Rs 837.89 per share, indicating a 0.2% premium to the stock's previous close.

Cello World:

The company to soon launch QIP to raise up to Rs 800 crore; company plans to use the funds for various purposes including retiring debt and capital expenditure.

DCX Systems:

The company gets order worth 12.5 billion rupees from L&T for manufacture and supply of electronic modules.

Deepak Fertilisers:

The company gets NCLT nod for scheme of arrangement between Mahadhan Agri Tech, Deepak Mining Solutions, and Mahadhan Farm Technologies.

Garden Reach Shipbuilders:

The company signed contract for construction of an advanced ocean-going tug for the Government of the People's Republic of Bangladesh; total order value is approximately 21 million USD or 1.7 billion rupees.

ICICI Bank:

The bank has allotted 3,00,000 NCDs aggregating to Rs 3,000 crore.

L&T:

The company wins significant contract; significant contract values between 1,000 to 2,500 crore rupees.

Lloyds Metals and Energy:

Board meeting on July 4 to consider issue of up to 40 million convertible warrants.

Patanjali Foods:

The company approved acquisition of entire non-food business undertaking carried out by Patanjali Ayurved; consideration for acquisition shall be 11 billion rupees; home and personal care business acquisition by Patanjali Foods on slump sale basis.

Rane Holdings:

The company announces acquisition of 51% stake in the joint venture with NSK; cost of acquisition is Rs 45 crore.

Tara Chand Infra:

The company approved sub-division of equity shares in ratio 1:5.

 

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