The Markets are expected to open marginally lower today - ARETE Securities
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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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