21-11-2024 09:03 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

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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 afterNifty closed 64 points higher at 23,518 on Tuesday.

20 Microns:

The company has incorporated a Joint Venture, Sievert 20 Microns BuildingMaterials Private Limited, in India with a share capital of Rs.5 crore toproduce construction chemicals and building materials.

Bharat Forge:

The company is in contract negotiations with the Ministry of Defence forsupplying 155mm/52cal ATAGS and Gun Towing Vehicles.

Cupid:

The company has incorporated a Wholly Owned Subsidiary named CupidInvesco Limited in UAE.

DCM Shriram:

The company has successfully achieved the 2100 TCD expansion of its SugarPlant at the Loni Unit, Uttar Pradesh, increasing cane crushing capacity from7300 TCD to 9400 TCD.

Godawari Power and Ispat:

The company approved acquiring a 51% stake in Jammu Pigments for ?255crore, diversifying into non-ferrous metal recycling.

Grasim Industries:

The company commenced commercial production at its new Chamarajanagar(Karnataka) paint plant, with a capacity of 180 MLPA for water-based paint,20 MLPA for distemper, and 30 MLPA for solvent-based paint.

Havells India:

The company has decided to set up a new facility in Ghiloth, Rajasthan, formanufacturing refrigerators with a proposed capacity of 14,00,000 units byQ2FY27, requiring an investment of ?480 crore.

Kesoram Industries:

The company received NCLT Kolkata Bench's approval for demerging itsCement Division, with the scheme effective after filing with the Registrar ofCompanies.

LTIMindtree:

The company secured a contract extension with Nexi Group to enhance itsacquiring, issuing, and e-commerce platforms and manage hybridinfrastructure.

Oil India:

The company partnered with TotalEnergies to use AUSEA technology formethane emissions detection and measurement campaigns at its sites in India.

TVS Motor Company:

The company launched the upgraded TVS Apache RTR 160 4V featuring a160cc engine, 37mm USD suspension, segment-first ride modes, andadvanced connectivity for Rs.1,39,990 (ex-showroom New Delhi).

Trident Techlabs:

The company received a Rs.40.83 lakh supply order from Maharashtra StateElectricity Transmission Company for a specialized software solution forpower transmission system analysis.

 

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