The Markets are expected to open marginally higher today astrends in GIFT NIFTY indicate a positive start - ARETE Securities Ltd
Market Updates
The markets are expected to open marginally higher today astrends in GIFT NIFTY indicate a positive start for the broader indexafter Nifty closed 332 points lower at 24,336 on Tuesday.
Asian Energy Services:
The company secured a Rs. 200 crore BOOT contract from Assam Gas for acompressor station, with Rs.82 crore realizable in year one.
Clean Science and Technology:
The company’s wholly-owned subsidiary, Clean Fino-Chem, commencedcommercial production of Butylated HydroxyToluene (BHT) at its Punefacility.
Granules India:
The company’s subsidiary, Granules Pharmaceuticals, received USFDAapproval for its ANDA for Lisdexamfetamine Dimesylate Chewable Tablets,addressing ADHD and Binge Eating Disorder.
Infosys:
The company launched a Google Cloud Center of Excellence powered byInfosys Topaz to co-create AI solutions, enhancing efficiency and businessperformance.
ITC:
The company received the NCLT order sanctioning the demerger schemebetween ITC and ITC Hotels, with the effective date set for January 1, 2025.
Mahindra & Mahindra:
The company’s Krish-e business partnered with Coromandel Internationalto extend drone spraying services, enhancing accessibility for farmersacross seven states.
Minda Corporation:
The company incorporated a new JV, MINDA-HCMF Technologies, with a50% stake alongside HCMF for automotive sunroof solutions and closuretechnology.
Reliance Power:
The company’s subsidiary, Reliance NU Suntech, received a Letter of Awardfrom SECI for a 930 MW solar project with 465 MW/1860 MWh BatteryEnergy Storage System.
SPARC:
The company signed a binding LOI with UCSF and Tiller Therapeutics for apre-clinical oncology asset, receiving 55% equity in Tiller.
Supriya Lifescience:
The company inaugurated a Rs.125 crore multipurpose API production block,Module E, at Lote Parshuram, boosting capacity by 55% to 932 KLPD.
Thomas Cook India:
The company opened a new outlet in Gurugram, boosting Delhi-NCRpresence to 14 locations, meeting strong travel demand across varioussegments.
Wardwizard Innovations:
The company partnered with Mufin Green Finance to offer tailoredfinancing for L3, L5 electric 3Ws and fleet operations, boosting EVaccessibility.
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