The markets are expected to open marginally lower today as trends - ARETE Securities Ltd
The markets are expected to open marginally lower today as trends in GIFT Nifty indicate a negative start for the broader index after Nifty closed 15 points higher at 24,302 on Thursday.
BGR Energy Systems:
The company approves issuance of equity shares up to 1000 crore rupees and announces the issuance of equity shares by way of rights issue.
Delhivery:
The company announces that MCA approves the incorporation of its wholly-owned subsidiary, Delhivery Robotics India.
Gujarat Pipavav:
The company says containers cargo volume handled 165M vs 199M (YoY).
IDFC First Bank:
The company approves allotment of 39.7 crore shares worth Rs 3,200 crore to QIBs at Rs 80.63 per share, indicating a discount of 0.7% to the stock's previous close; the largest QIBs include LIC, HDFC Life, and AB Sun Life.
Inox Wind:
The company to achieve net debt-free status with infusion of Rs 900 crore by promoter.
Ircon International:
The company receives a letter of award for a project floated by Rail Vikas Nigam, with the RVNL order worth 7.51 billion rupees.
JFL Life Sciences:
The company receives an order from Phil Capital Trading Solutions Inc, Manila worth $1.66M.
Mahindra Lifespace Developers:
The company acquires a land parcel in Bengaluru's Singasandra with a GDV potential of Rs 250 crore.
Max Estates:
The company received approval for the purchase of additional floor area ratio (FAR) of 20,000 sq. mtr. for its residential project.
Nazara Tech:
The company informs about the incorporation of a unit in the United States of America.
PNB:
The bank reports that domestic deposits as of June-end increased by 8.1% YoY, along with provisional domestic advances showing a 12.1% YoY growth.
Ujjivan Small Finance:
The bank's total deposits surged by 22% YoY to rupees 32,500 Cr from rupees 26,660 Cr YoY, while the bank's gross loan book rose by 19% YoY to rupees 30,091 Cr from rupees 25,326 Cr YoY.
Please refer disclaimer at http://www.aretesecurities.com/
SEBI Regn. No.: INM000012740
Tag News
Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities