The markets are expected to open marginally higher today as trends in GIFT Nifty indicate a positive start for the broader index - 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 26 points lower at 23,045 on Wednesday.
Bharat Forge
The company partnered with Liebherr to establish an advanced aerospace manufacturing facility in Pune, featuring a ring mill for landing gear components.
Bharti Airtel
The company awarded Nokia and Qualcomm a contract to expand 5G FWA and Wi-Fi solutions, enhancing broadband access in fiber-scarce areas across India.
Ecos (India) Mobility & Hospitality
The company reported Q3 results with revenue up +22.9% YoY to Rs 168 crore (+5.5% QoQ), EBITDA up +2.4% YoY to Rs 22 crore (-8.5% QoQ), EBITDA Margin down by 257 bps YoY to 12.84% (-196 bps QoQ), PAT down -9.9% YoY to Rs 13 crore (-19.1% QoQ), and PAT Margin down by 275 bps YoY to 7.55% (-229 bps QoQ).
Kirloskar Brothers
The company reported Q3 results with revenue up +18.6% YoY to Rs 1,144 crore (+10.5% QoQ), EBITDA up +32.3% YoY to Rs 183 crore (+16.8% QoQ), EBITDA Margin up by 166 bps YoY to 15.97% (+87 bps QoQ), PAT up +43.8% YoY to Rs 119 crore (+22.5% QoQ), and PAT Margin up by 182 bps YoY to 10.36% (+102 bps QoQ).
Magellanic Cloud
The company’s group firm, Motivity Labs Inc., secured a Rs 52.98 crore ($6.1 million) purchase order for 2025 from a major client.
Man Industries (India)
The company secured a Rs 250 crore pipe supply order, to be executed in 6-12 months, with an unexecuted order book of Rs 2,900 crore.
NBCC (India)
The company received a work order from Mizoram’s Irrigation & Water Resources Dept. for planning and executing three hydro projects.
ONGC
The company’s JV ONGPL signed a deal to acquire 100% of Ayana Renewable Power (4.1 GW) for an enterprise value of Rs 19,500 crore.
P N Gadgil Jewellers
The company reported Q3 results with revenue up +23.5% YoY to Rs 2,436 crore (+21.7% QoQ), EBITDA up +37.2% YoY to Rs 130 crore (+97.2% QoQ), EBITDA Margin up by 53 bps YoY to 5.33% (+204 bps QoQ), PAT up +49.3% YoY to Rs 86 crore (+146.4% QoQ), and PAT Margin up by 61 bps YoY to 3.53% (+179 bps QoQ).
RailTel
The company secured orders worth Rs 137.85 crore—Rs 14.72 crore from AAI Chennai for SITC and Rs 123.13 crore from BEPC Bihar for educational supply & education projects.
Suzlon
The company secured a repeat order of 201.6 MW from Oyster Renewable, expanding their partnership to 283.5 MW in Madhya Pradesh within nine months.
Titagarh Rail Systems
The company received an LoA from Adani Cement's Ambuja Cements and ACC for manufacturing 16 BCFCM rakes with BVCM wagons worth Rs 537.11 crore.
Please refer disclaimer at http://www.aretesecurities.com/
SEBI Regn. No.: INM0000127
