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Market Updates

The Markets are expected to open marginally lower today as trend in GIFT nifty indicate a negative start for the broader index after Nifty closed 303 points lower at 21,150 on Wednesday.

UltraTech Cement:

The company will buy a stake in renewable energy company Clean Max Terra for Rs 20.25 crore.

Adani Green Energy:

The company will consider a proposal to raise funds via multiple instruments on Dec. 26.

ICICI Bank:

The company received the Reserve Bank of India's nod for the re? appointment of Sandeep Batra as executive director.

Raymond:

The company’s unit has incorporated the wholly owned subsidiary Ten X Realty East with the objective of undertaking real estate business.

Flair Writing:

The company reported revenue of Rs 257 crore for Q2 FY24 and a net profit of Rs 33.15 crore for Q2 FY24

REC:

The company unit incorporated a wholly owned subsidiary, Kankani Power Transmission.

Sonata Software:

The company signed a contract with AMMEGA Group, a global leader in conveyor belts and power transmission with manufacturing sites and customer solution centres around the world

Mazagon Dock Shipbuilders:

The company signed a contract worth Rs 1,615 crore with the Ministry of Defence for the construction and delivery of six next?generation offshore patrol vessels for the Indian Coast Guard.

Cochin Shipyard:

The company received an order worth Rs 488.25 crore from the Defense Ministry to repair and maintain equipment and systems onboard the naval vessel.

Zee Entertainment:

Culver Max and Bangla Entertainment have agreed to discuss the extension of the merger date. The deadline for the completion of the merger was set for Dec. 21.

BSE:

The company received approval from the Securities Exchange Board of India for appointing Pramod Agrawal as chairman effective from Jan. 17, 2024

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