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
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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 49 points lower at 22,356.30 on Tuesday.
IRCTC:
The company signed a MoU with Swiggy to provide pre-ordered meals via IRCTC e-Catering Services.
Sonata Software:
The company plans to establish a delivery center in Poland in response to increasing demands from its global clientele.
Centum Electronics:
The company has secured an order valued at Rs 187 crore from DRDO for the development of space-based EW payloads.
Bharti Airtel:
The telecom company has authorized the allocation of 56.8 lakh shares to FCCB holders at a conversion rate of Rs 518 per share.
REC:
The board will meet on March 16 to consider an interim dividend.
Indian Hotels:
The company invested Rs 35 crore in its unit through the right issue.
Havells India:
The company plans to expand its product portfolio by incorporating kitchen appliances, opting to outsource the entire product range and cater to the domestic market.
CESC:
Crescent Power, a subsidiary of the company, has completed the acquisition of Purvah Green Power, obtaining a 100% stake in the company.
Bank of India:
The bank injects Rs 60.35 crore into the National Asset Reconstruction Company through preferential share issuance, maintaining its 9% stake in NARCL post-allotment.
ONGC:
The board approved an additional investment of Rs 99 crore in unit ONGC Green.
Aditya Birla Fashion:
Caladium Investment has opted to convert all 6.6 crore warrants into equity shares.
Bharat Forge:
The company had injected Rs 179.9 crore into its subsidiary, Bharat Forge Global Holding.
Please refer disclaimer at http://www.aretesecurities.com/
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