17-09-2024 09:20 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 27 points higher at 25,383 on Monday.

Adani Green:

The company to supply 5 GW solar power from Khavda while Adani Power tosupply 1496 MW thermal power from new 1600 MW ultrasupercritical capacity.

Carborundum Universal:

The company is acquiring 100% membership interest in Silicon CarbideProducts for an enterprise value of $6.665 million.

Delhivery:

The company confirms a strategic partnership with Team Global Logistics toexpand cross-border services.

Droneacharya Aerial Innovations:

The company secured an export order worth $240,000.

Indo Count Industries:

The company’s unit acquired 81% stake in Fluvitex USA for $19.63 million,with an option to buy the remaining 19% for $4.6 million in 5 years.

Infosys:

The company collaborates with Life Insurance Corporation of India toaccelerate digital transformation.

Intellect Design Arena:

The company has entered a global strategic partnership with HCLTech todeliver advanced eMACH.ai and Purple Fabric platforms, enhancing digitaltransformation and operational efficiency for financial institutions worldwide.

M&M:

The company launches all-new Veero in the <3.5T LCV segment, starting at Rs.7.99 lakh with a Rs.900 crore investment.

Reliance Power:

The company secures a major battery storage contract of 500 MW/1000 MWh.

Shyam Metalics:

The company commenced Phase I of the greenfield cold rolling mill atJamuria plant in West Bengal with a total capacity of 400,000 tons annually.

Tarmat:

The company gets an order worth Rs.1.39 billion from Maharashtra StateInfrastructure Development Corp.

TVS Motor:

The company sold its entire holding in TVS Digital for Rs.41.4 million.

VA Tech Wabag:

The sole arbitrator passed an award in favor of Travancore TitaniumProducts, allowing claims of Rs.126.7 million; the company plans to appealthe decision.

 

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