The markets are expected to open marginally lower today as trends in GIFT Nifty - 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 44 points lower at 22,888 on Tuesday.
Grasim Industries:
The company has seen Birla Group holdings bolster their stake to 23.18%, up from 19.10%.
PNC Infratech:
The company was awarded a bonus of Rs 56.4 crore for the ahead-of-schedule completion of their EPC project.
Havells India:
The company has established a joint venture with Havells International Inc. and KRUT LED, LLC, aiming to market and distribute Havells-owned lighting products and solutions in the USA.
Oil India:
The company has inked a MoU with HPCL, uniting to work on both conventional and alternative energy portfolios.
Mahindra And Mahindra Financial Services:
The company has sanctioned the private placement of bonds amounting to Rs 2,000 crore, with an additional green shoe option of Rs 500 crore.
Ajooni Biotech:
The company has secured a lease for 75,000 sq. yards in Bikaner, Rajasthan, dedicated to the cultivation of Moringa.
Coal India:
The company has entered into a JV agreement with BHEL for coal gasification, aiming to produce syn-gas, ammonia, and nitric acid as intermediate products, and ammonium nitrate as the final product.
Imagicaaworld Entertainment:
The company has approved a fund-raising initiative to secure ?600 crore through QIP.
IRCTC Q4 FY24:
The company reported a 19.7% revenue increase to ?1,155 crore, an 11.7% rise in EBITDA to ?362 crore, with a net profit growth of 1.9% at ?284 crore, and a final dividend recommendation of ?4 per share.
NBCC India Q4 FY24:
The company saw a 43.1% surge in revenue to ?4,025 crore, EBITDA climbed to ?243 crore from ?104 crore, with a margin improvement to 6%, and a 24.5% increase in net profit reaching ?141 crore.
Brigade Enterprises Q4 FY24:
The company experienced a 102.04% revenue boost to ?1702 crore, a 114.24% EBITDA increase to ?432.73 crore, margins rose by 144 bps to 25.41%, and net profit soared by 234.22% to ?210.86 crore, with a final dividend of ?2 per share recommended.
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