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 7 points lower at 24,141 on Monday.
Alembic Pharmaceuticals:
The company received USFDA final approval for Diltiazem Hydrochloride Extended-Release Capsules (120 mg to 360 mg), indicated for hypertensionand chronic stable angina, with a market size of $105.3 million.
EKI Energy Services:
The company enabled India’s first carbon credit payments to dairy farmersin Rajasthan and Assam under NDDB's manure management program,boosting farmers' income and supporting sustainable practices.
HCL Technologies:
The company integrated AI Force™ with GitHub Copilot to accelerate valueand benefits across the software development lifecycle.
HFCL:
The company, along with its consortium, emerged as the lowest bidder forBharatNet Phase III, securing bids worth Rs.6,925 Cr for middle-mile networksin Uttar Pradesh and Rs.1,244 Cr for Punjab.
INOX India:
The company was awarded a contract to set up the world’s largest MiniLNG Terminal in The Bahamas, including 10 LNG storage tanks (1500m³each) and a re-gasification system for a 60 MW power plant.
Maruti Suzuki:
The company has launched the all-new Dzire with segment-first features, aZ-Series 1.2L engine, making it India’s most fuel-efficient sedan withmileage of 24.79 km/l in Petrol and 33.73 km/kg in S-CNG.
RattanIndia Enterprises:
The company launched Neomate, an affordable premium stationery brandoffering desk organizers, markers, and creative tools, priced from INR 160,available on Amazon.
RVNL:
The company emerged as the lowest bidder for a Rs 2.95 billion EPCcontract from South Central Railway for doubling the track betweenNavipet and Indalvai stations (33.7 km).
Simplex Castings:
The company, along with its consortium, has been entrusted with setting upIndia’s first vertical shaft DRI plant using 100% hydrogen, with a project costof Rs.230 Cr, supported by Rs.161 Cr from the government.
Waaree Renewable Technologies:
The company is setting up a 41.6 MW DC solar power project in Cuddalore,Tamil Nadu, with a project cost of Rs.146.77 Cr, scheduled for completion inFY 2025-26.
Wonderla Holidays:
The company’s members have approved special resolutions via e-voting forraising up to Rs.800 Cr, increasing authorised share capital, and adopting new AoA.
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Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities