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 1379 points lower at 21,884 on Tuesday.
Lancor Holdings Limited:
The company has obtained NSE’s nod for the listing of equity sharesamounting to 1.22 crores under a preferential basis.
Texmaco Rail & Engineering Ltd.:
The company has entered into a shareholders’ agreement and sharepurchase agreement with Saira Asia Interiors, sealing the deal for ?90 million.
UFlex Ltd.:
The company has entered into an agreement for the acquisition of 5.03%equity shares in OneVolt Energy, with the deal valued at ?96 million; theinvestment aims to secure long-term sourcing of solar power.
Tata Motors Ltd.:
The company has announced the merger of Tata Motors Finance with TataCapital, post-merger, the company will effectively hold a 4.7% stake in themerged entity.
Jindal Stainless Ltd.:
The company completed the acquisition of a 100% equity stake in EvergreatInternational Investment Pte Ltd on June 4, 2024, making Chromeni Steels PvtLtd a step-down subsidiary.
Container Corporation of India Ltd.:
The company and Shipping Corporation of India have signed an MOU toprovide a seamless end-to-end logistics solution.
Reliance Industries Ltd.:
The company has completed the registration of sub-lease deeds for land andassociated development rights, amounting to ?134 billion, for approximately3,750 acres of land.
NLC India Ltd.:
The company has scheduled a board meeting on June 10 to consider raising aloan up to $600 million through External Commercial Borrowings.
Hindalco Industries Ltd.:
The company’s US subsidiary, Novelis, has announced the postponement ofits $945 million initial public offering, attributing the decision to current‘market conditions’.
Kronox Lab Sciences Ltd.:
The company’s public issue was subscribed at 24.58x on day 2, led byinstitutional investors at 3.39x, non-institutional investors at 52.93x, andretail investors at 24.53x.
GPT Infra Projects Ltd.:
The company has won an order valued at ?547 crore.
Deep Industries Ltd.:
The company has secured an order valued at ?56 crore.
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