16-09-2024 09:17 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 32 points lower at 25,356 on Friday.

Dixon Technologies:

The company’s subsidiary Padget entered into an MoU with ASUS for themanufacturing of notebooks.

GMR Airports:

The company reports total passenger traffic for August up 9% YoY, withdomestic traffic up 7.4% and international traffic up 12.9%.

GR Infraprojects:

The company entered into an agreement with Bharat Highways InvIT forthe transfer of 100% shares of its unit for Rs.986.1 million.

HCL Tech:

The company completes acquisition of French software firm Zeena SAS forEUR 23.9 million or Rs.223 crore.

PowerGrid:

The company wins bid under tariff-based competitive bidding to establishinter-state transmission system for augmentation of transformationcapacity at Jam Khambhaliya PS (GIS) on a build, own, operate, and transfer(BOOT) basis.

Railtel Corporation:

The company received a ?19.70 crore work order from Northern Railwaysfor a railway project, to be completed by September 2026.

Tech Mahindra:

The company’s Board approved the merger of its step-down subsidiaryZen3 Infosolutions (America) Inc. with Tech Mahindra (Americas) Inc.,effective October 1, 2024, pending regulatory approvals.

The Great Eastern Shipping:

The company has contracted to sell its 2005-built Suezmax Crude Tanker"Jag Lalit" for delivery by Q3 FY25, reducing its fleet to 43 vessels.

Transformers and Rectifiers (India):

The company secured Rs.114 crore worth of orders from RRVPNL for themanufacturing of 50 MVA power transformers, to be delivered by nextfinancial year.

Zaggle Prepaid Ocean Services:

The company entered into an agreement with Founderlink Technologies tooffer financial facilities, including business loans, to corporate customers,vendors, and channel partners.

Zomato:

The company teamed up with IRCTC to offer food delivery services ontrains.

 

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