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2024-12-10 09:28:50 am | Source: ARETE Securities Ltd
The markets are expected to open marginally lower today as trends in GIFT NIFTY indicate a negative start - 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 58 points lower at 24,619 on Monday

Bharat Electronics:

The company secured additional orders worth Rs.634 crore for Akash Missile System maintenance, communication equipment, and services, taking FY24 orders to ?8,828 crore.

Blue Cloud Softech Solutions:

The company secured a $15 million order to deploy its BLUPORT MDM platform for biomedical device management, enhancing security and workflows.

Datamatics Global Services:

The company’s subsidiary, Lumina Datamatics, to acquire 100% stake in Chennai-based TNQ Tech, subject to definitive agreement terms.

Hyundai Motor India:

The company released plans to install nearly 600 fast public EV chargers over the next 7 years, with 50 stations expected by December 2024.

Lloyds Metals and Energy:

The company will enter the Mines Development and Operations (MDO) business to optimize steel production costs, improve supply chain efficiency, and enhance profitability.

Navin Fluorine International:

The company’s subsidiary, Navin Fluorine Advanced Sciences, commenced commercial operations at its Dahej plant for manufacturing a key fluoro specialty chemical.

SEAMEC:

The company initiated arbitration proceedings in London against M/s Ships & Boats Oil Services, Egypt, for non-delivery of the vessel “SEA PEARL” and claims of $347,206.40 in losses.

Styrenix Performance Materials:

The company approved the acquisition of 100% of INEOS Styrolution (Thailand) for $20 million and the creation of a step-down subsidiary in Thailand.

Supriya Lifescience:

The company received ANVISA approval for Esketamine Hydrochloride in Brazil and filed a patent for low-cost Atorvastatin production.

Vishnu Prakash R Punglia:

The company secured a Rs.102.93 crore contract for bridge construction and ancillary works in Ajmer-Chanderiya rail doubling project.

Waaree Energies:

The company secured a 1 GW solar module supply order from a prominent domestic renewable energy developer for FY 2024-25 and FY 2025-26.

Zaggle Prepaid Ocean Services:

The company signed a 3-year alliance with HDFC Bank to bundle its software with HDFC credit cards for corporate clients globally.

 

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