15-10-2024 09:03 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

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The markets are expected to open marginally higher today astrends in GIFT Nifty indicate a positive start for the broader indexafter Nifty closed 163 points higher at 25,127 on Monday.

Bondada Engineering:

The company received a work order worth Rs.390.25 Cr from MaharashtraState Power Generation Company for designing, engineering, manufacturing,and commissioning of a solar PV plant, including 5 years of O&M acrossvarious districts in Maharashtra.

Embassy Office Parks REIT:

The company approved the issuance of listed, rated, redeemable CommercialPapers for Rs.2,500 million, with a 120-day term, under CP Tranche III to repayexisting debt.

Gensol Engineering:

The company secured a contract worth Rs.186 crores for a 23 MWp rooftopsolar project in Dubai, set to be executed over 20 months.

Hindustan Aeronautics:

The company has been granted "Maharatna" status by the Department ofPublic Enterprises, Ministry of Finance, Government of India.

Hindustan Construction:

The company received a Rs.1,031.6 crore order from Maharashtra State RoadDevelopment Corp. for the construction of a two-lane cable-stayed bridgeacross Agardanda Creek in Raigad District.

Indo Count:

The company expanded its Utility Bedding segment with acquisitions ofModern Home Textiles and Fluvitex USA, adding a combined capacity of 13million pillows and 1.5 million quilts annually, targeting $85 million+ inrevenue from the North American market.

J. Kumar Infraprojects:

The company received a work order from Pune Municipal Corporation for thedevelopment of Mula River (Wakad bypass to Sangvi bridge) with a contractvalue of Rs.297.83 Cr.

JSW Energy:

The company signed a PPA with NTPC for 700 MW ISTS/STU-connected solarcapacity at Rs.2.59/KWh, expected to be commissioned by Jun-2026, increasingits total solar pipeline to 3.2 GW with 2.0 GW PPAs signed.

Lemon Tree Hotels:

The company signed a new property, Lemon Tree Hotel, in Dibrugarh, Assam,expected to open in FY 2027, featuring 65 rooms, a restaurant, banquet hall,swimming pool, and fitness center.

Premier Energies:

The company’s subsidiaries received multiple orders worth Rs.765 crores,comprising Rs.632 crores for solar modules and Rs.133 crores for solar cells, withsupply starting in July 2025.

Thomas Cook:

The company has launched its first hotel in Jharkhand, Sterling City CentreBokaro, with 74 rooms, a 6,000 sq. ft. banquet hall, and three dining venuesaimed at business and leisure travelers.

Vascon Engineers:

The company received a Letter of Acceptance worth Rs.57.23 crores fromMumbai Metro Rail Corporation for constructing a commercial building inKalbadevi, with a completion timeline of 28 months.

Vinati Organics:

The company subscribed to 4.26 crore fully paid-up equity shares worth Rs.42.65 crores in the rights issue of its wholly-owned subsidiary VeeralOrganics, maintaining 100% ownership.

 

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