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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 208 points lower at 24,139 on Tuesday.

63 Moons Technologies:

The company initiated the sale of its Open Dealer Integrated Network and Order Management System for a consideration of INR 98 crore.

Dixon Tech:

The company acquired a 50.10% stake in Ismartu In Pte. Limited for INR 275.99 crore, making it a subsidiary.

GE Power:

The company won a 2.4 GW order worth INR 47 crore.

GMR Airports Infrastructure:

The company announced the enabling resolution for raising up to INR 5,000 crore in one or more tranches through the issuance of securities, including a qualified institutions placement, foreign currency convertible bonds, or other securities.

Gulshan Polyols:

The company approved a proposal to raise funds of up to INR 250 crore.

Hindustan Foods:

The company reported Q1 consolidated net profit of INR 27.25 crore, up 16.5% YoY and 18.8% QoQ; revenue INR 868 crore, up 40.2% YoY and 18.9% QoQ; EBITDA INR 72.69 crore, up 44% YoY; EBITDA margin 8.37%, up from 8.15% YoY.

Inox Wind:

The company secured a 51 MW equipment supply order from Everrenew for its 3 MW class WTGs, with the project to be executed in Tamil Nadu.

IRCTC:

The company reported Q1 standalone net profit of INR 310 crore, up 33.6% YoY; revenue INR 1,120 crore, up 11.8% YoY; EBITDA INR 375 crore, up 10.3% YoY; EBITDA margin 33.47%, down from 34.24% YoY.

Reliance Industries:

The company, along with Disney, has offered to sell some TV channels to secure antitrust approval for their $8.5 billion media merger in India.

Steel Exchange India:

The company announced that RINL welcomes the plan to establish a steel wire products complex in Andhra Pradesh.

Vedanta:

The company approved the sale of up to 2.60% of Hindustan Zinc through an offer for sale.

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