05-11-2024 09:40 AM | Source: ARETE Securities Ltd
The markets are expected to open marginally lower today as trends in GIFT - ARETE Securities Ltd

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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 309 points lower at 23,995 on Monday.

Afcons Infrastructure:

The company announced it was the lowest bidder for Bhopal Metro Phase 1's construction Package BH-05.

Azad Engineering:

The company signed a long-term contract with Mitsubishi Heavy Industries to supply engineered airfoils worth $82.89 million.

Gensol Engineering:

The company secured an INR 780 crore solar PV project from a leading public sector utility in Maharashtra.

HCLTech:

The company announced a new AI/Cloud Native Lab in Singapore, supported by the Singapore Economic Development Board, to open in 2025.

Hero MotoCorp:

The company achieved its highest-ever festive sales with a 13% growth, selling 16 lakh units during a 32-day period.

IRCTC:

The company reported Q2 net profit up by 4% YoY to 307 crore, revenue up by 7% YoY, and EBITDA up by 2% YoY.

Kirloskar Electric:

The company and its subsidiaries submitted an application to NCLT for merger by absorption.

ROYAL ORCHID:

The company expands presence in Madhya Pradesh, inaugurates new hotel- Regenta Place Gwalior

Shree Cement:

The company announced the effectiveness of its Scheme of Amalgamation with Shree Cement North, effective April 1, 2024.

Solar Industries:

The company received orders worth INR 399.4 crore for defense products to be delivered over three years.

Welspun Corporation:

The company announced the execution of recent orders by FY26, reinforcing its position in the USA O&G market.

 

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