The markets are expected to open marginally higher today astrends in GIFT Nifty indicate a positive start - ARETE Securities Ltd
The markets are expected to open marginally higher today astrends in GIFT Nifty indicate a positive start for the broader indexafter Nifty closed 41 points lower at 25,377 on Wednesday.
Aurobindo Pharma:
The company has entered into a binding agreement to acquire 5.90 lakhequity shares (49%) of GLS Pharma Limited for INR 22.5 crores, making GLSa wholly owned subsidiary post-acquisition.
Awfis:
The company has launched a new center in GIFT City, Gandhinagar, offering30,221 sq. ft. of premium flexible workspace solutions in one of India's keyfinancial hubs.
Garden Reach Shipbuilders:
The company received an order for the construction and delivery of 4additional vessels worth $54 million.
Gujarat Fluorochemicals:
The company’s subsidiary, IGREL Renewables, has raised Rs 300 crore inequity capital to enhance its renewable power generation platform,targeting an installed capacity of 2 GW by FY27 with a cumulative capex ofapproximately Rs 12,000 crores.
Heritage Foods:
The company’s Board has approved the establishment of a new ice creammanufacturing facility at Shamirpet, Telangana, with a capital investment ofapproximately Rs. 204 crores, expected to be commissioned by November 2025.
Honasa Consumer:
The company’s brand, Mamaearth, has entered the Canteen StoresDepartment (CSD) under the Ministry of Defence, expanding its presenceand targeting a broader consumer base across India.
Inox Wind:
The company has received a Letter of Intent from IGREL Renewables for theexecution of 550 MW wind capacity on a turnkey basis over the next 24months across Gujarat, Rajasthan, and Madhya Pradesh, increasing its orderbook to over 3.5 GW.
Intellect Design Arena:
The company has launched WealthForce.AI, an AI-driven wealth platformfor the Middle East market, designed to enhance Relationship Managers'capabilities through hyper personalisation and advanced data analytics.
Power Grid Corporation:
The company was declared the successful bidder to establish an interstatetransmission system with a new 765/400/220kV sub-station at Kurawar.
Tata Consultancy Services:
The company has signed a two-year partnership with Golden ArchesDevelopment Corporation to digitize IT operations for over 760 McDonald'srestaurants in the Philippines.
Tata Motors:
The company, Tata Electronics, and Tejas Networks signed an MoU with ADIto enhance strategic and business cooperation.
Tata Power:
The company has secured a 400 MW hybrid project from MSEDCL, markingits largest renewable energy project in Maharashtra to date.
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