11-09-2024 09:21 AM | Source: ARETE Securities Ltd
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 104 points higher at 25,041 on Tuesday

AGS Transact Technologies:

The company implemented and began managing the Prepaid Card Platform for Indian Oil’s 'XtraPower', with an estimated revenue of ?58 crore over five years.

ITI Limited:

The company received a ?300 crore order from Bihar Renewable Energy Development Authority for 100,000 Solar Street Light Systems.

JTL Industries:

The company expanded its Galvanized Iron plant in Mangaon, Maharashtra, increasing capacity by 5,000 MT per quarter.

JSW Energy:

The company received a Letter of Award for a 600 MW Wind-Solar Hybrid Power Project from MSEDCL, increasing locked-in generation capacity to 18.2 GW.

Le Travenues Technology:

The company’s bus platform AbhiBus onboarded FlixBus, Europe’s largest intercity bus service, for premium journeys across India.

Servotech Power Systems:

The company secured a contract from BESCOM to build 11 DC Fast EV charging stations at RTO premises across Karnataka.

SJVN:

The company signed an MoU with GMR and IREDA to develop a 900 MW hydroelectric project in Nepal, at a cost of ?9,100 crore.

SpiceJet:

The company settled with Carlyle Aviation, writing off $40.17 million in lease arrears, converting $30 million into equity, and investing $20 million in SpiceXpress.

Steel Strips Wheels:

The company invested ?6.93 crore in Clean Max Astria for additional renewable energy sourcing and optimizing energy costs.

Tata Consultancy Services:

The company partnered with Mansfield Building Society to implement TCS BaNCSTM for Core Banking and Digital Home Lending Solution.

Trishakti Industries:

The company secured a contract with KEC International for specialized machinery worth ?25 million.

Welspun Living:

The company’s Board approved an equity investment of up to ?1.15 crore to acquire 49% of Welspun Bhargavi for 4.60 MWp solar plants by FY2025.

 

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