IGI Logo

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 30 points lower at 24,479 on Tuesday.

Apollo Micro Systems:

The company approved issuing warrants worth up to INR 2.65 billion on a private placement basis.

GE Shipping:

The company contracts to sell its 2005-built medium-range product tanker "Jag Pranav."

Heritage Foods:

The company reported Q1 EBITDA of 938 million rupees, up 133.3% with an EBITDA margin of 9.08%, up from 4.35%; revenue of 10.3 billion rupees, up 12%; and net profit of 580 million rupees, up 247%.

Infosys:

The company agreed with UVC Partners to commit an investment of EUR 5.0 million.

Jubilant Ingrevia:

The company issued commercial papers worth INR 1 billion.

Krsnaa Diagnostics:

The company received a signed agreement from the Government of Madhya Pradesh to set up, operate, manage, and maintain MRI scan machines at five district hospitals in Bhopal, Indore, Ujjain, Gwalior, and Jabalpur.

Muthoot Capital Services:

The company issued commercial papers worth INR 250 million.

Piramal Pharma:

The company is set to enter into agreements with Clean Max Aero and Clean Max Enviro Energy Solutions for INR 21.6 million.

SpiceJet:

The company approved fund raising up to INR 30 billion.

Steel Strips Wheels:

The company reported Q1 EBITDA of INR 1.14 billion, up 0.88%, with an EBITDA margin of 11.12%, up from 10.82%; Q1 revenue of INR 10.2 billion, down 1.92%, and Q1 net profit of INR 462 million, down 2.94%.

Tata Consumer:

The company approved a rights issue of 36.6 million shares worth 29.98 billion rupees at a price of 818 rupees per share.

Thomas Cook (India):

The company has been directed by the Appellate Tribunal under SAFEMA to deposit INR 12.3 million.

Tide Water Oil:

The company has decided to change its name to Veedol Corporation.

Titagarh Rail Systems:

The company began exporting traction converters with the first shipment to Italy as part of a EUR 7.18 million (approx. INR 65 crore) deal with Titagarh Firema S.P.A.

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM000012740