12-07-2024 09:49 AM | Source: 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 8 points lower at 24,316 on Thursday - ARETE Securities Ltd

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

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 8 points lower at 24,316 on Thursday.

 

Aditya Birla Fashion:

The company says it has acquired an additional stake in Goodview Fashion, raising its shareholding from 33.5% to 51%. The Goodview deal is valued at INR 1.27 billion.

Adani Wilmar:

The company to take a 67% majority stake in Omkar Chemicals Industries for INR 562.5 million, with the acquisition expected to complete within 3-4 months.

Advait Infratech:

The company approved the issuance of equity warrants at INR 1,776 per warrant.

Azad Engineering:

The company gets a 5-year award from Siemens Energy Global GmbH & Co.

Bajaj Finserv:

The company confirms a 2-3% price hike in term insurance products.

Canara Bank:

The company revises one-year MCLR to 8.95% from 8.90%, effective July 12.

Kalpataru Projects:

The company and its JVs win new orders worth INR 2,995 crores; the total order intake in the current FY stands at INR 6,178 crores.

NCL Industries:

The company says cement production and dispatches were down 11% YoY in the June quarter.

Nazara Technologies:

The company says Nodwin Singapore acquired a 43.49% stake in Freaks 4U for EUR 23.45 million.

Oriental Rail Infrastructure:

The company unit gets an order worth INR 4.32 billion for the manufacture and supply of 1,200 BVCM-C wagons.

Pitti Engineering:

The company raises INR 360 crore via QIP, allotting 31.14 lakh shares at INR 1,054.25 per share.

Rashtriya Chemicals and Fertilizers:

The company says it has accorded approval for the placement of a purchase order on Topsoe A/S, valued at INR 5.15 billion.

Solex Energy:

The company gets an order worth INR 160.1 million.

Utkarsh Small Finance Bank:

The company received approval from RBI for Mirae Asset Mutual Fund to acquire an aggregate holding of up to 9.95% of the paid-up share capital or voting rights in the bank.

Vedanta:

The company approved the allotment of NCDs worth INR 1,000 crore via private placement

 

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM000012740