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2024-08-29 09:38:44 am | Source: ARETE Securities Ltd
The markets are expected to open marginally lower today as trends in GIFT - ARETE Securities Ltd
The markets are expected to open marginally lower today as trends in GIFT - 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 34 points higher at 25,052 on Wednesday.

Dynamic Services & Security:

The company entered into an MOU with Bharat Battery Manufacturing for ?450 million.

Genus Power Infra:

The company has incorporated a wholly-owned step-down subsidiary named "Genus Dhundar Smart Metering SPV Private Limited" in the power infrastructure and distribution industry.

JBM Auto:

The company’s unit signed an agreement with LeafyBus to supply 200 electric intercity luxury buses.

Jyoti Structures:

The company won a ?105.57 crore contract to supply towers for a 765 kV transmission line project in Gujarat, with a completion timeline of 10 months.

KEC International:

The company gets an order worth ?11.71 billion.

Lemon Tree Hotels:

The company signs a new property in Ujjain, Madhya Pradesh.

Macrotech Developers:

The company says acquisition of Opexefi Services for ?466.7 million and One Box Warehouse for ?490.9 million.

NLC India:

The company signs a power usage agreement for the supply of 200 MW green power to Telangana State.

Power Grid Corporation:

The company acquired Bhadla-III Power Transmission Ltd for ?64.2 million.

Protean eGov Tech:

The company has incorporated a 100% subsidiary in UAE named "Protean International DMCC" in the IT/ITES industry.

Reliance:

The company and Disney will be selling 7-8 TV channels as part of commitments for India antitrust approval for the media merger.

Sonata Software:

The company won a large multi-year, multi-million dollar strategic IT outsourcing deal from a US-based premier healthcare and wellness company.

Transformers & Rectifiers:

The company received an export order worth $14 million from Linxon Global Sweden.

State Bank of India:

The company raised ?75 billion at a coupon rate of 7.42% via Tier 2 bond issuance.

 

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