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2024-12-19 09:13:42 am | Source: ARETE Securities Ltd
The Markets are expected to open marginally higher today astrends in GIFT NIFTY indicate a positive start - ARETE Securities Ltd

Market Updates

The markets are expected to open marginally higher today astrends in GIFT NIFTY indicate a positive start for the broader indexafter Nifty closed 137 points lower at 24,198 on Wednesday.

Bharti Airtel:

The company partnered with the Indian Army to deploy 15 mobile towers inNorth Kashmir, enhancing connectivity for civilians and soldiers.

Dynamatic Technologies:

The company awarded Aequs a contract to supply complex Airbus A220door components, with over 200 parts to be delivered over five years.

DroneAcharya Aerial Innovations:

The company entered a strategic partnership with Volatus Aerospace fordrone-based logistics in India, focusing on manufacturing and distribution ofadvanced drone solutions.

Gensol Engineering:

The company secured a Rs.88 crore order to develop a 22 MW groundmounted solar PV plant for a steel company in Punjab.

HCLTech:

The company launched an SAP Business AI innovation lab in Munich,Germany, integrating AI & Cloud solutions to enhance client SAPtransformations.

ITC:

The company announced 6th January 2025 as the record date fordetermining shareholders eligible for equity shares of ITC Hotels Limitedpost-demerger.

J. Kumar Infraprojects:

The company received a Rs.632 crore contract from NBCC (India) for thedevelopment of Hari Nagar colony, Delhi, with a 27-month timeline.

Kalpataru Projects International:

The company completed a Rs.1,000 crore QIP, marking its first equity raise inover a decade, with strong investor interest.

Le Travenues Technology:

The company launched the 'Travel Guarantee' feature on the ixigo Trainsapp, offering 3X refund on unconfirmed waitlisted train tickets, enablinglast-minute bookings through alternative transport options.

Inox Wind:

The company received a 60 MW equipment supply order from SerenticaRenewables for 3 MW turbines to be supplied in H1 CY25 for a Karnatakaproject.

Shriram Finance:

The company achieved a historic milestone by securing the largest multicurrency syndicated ECB loan of USD 1.277 billion, to support smallentrepreneurs and vulnerable groups in India.

TVS Holdings:

The company’s subsidiary, TVS Emerald, acquired 100% equity anddebentures of Radial (Phase II & III) IT Park, making them step-downsubsidiaries.

 

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