IGI Logo

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 168 points lower at 23,644 on Monday.

Aether Industries:

The company has successfully commissioned its 15 MW Solar Power Project (Auto-Tracker Modules) through subsidiary KPIG Energia, expected to save ?150 million annually and reduce carbon footprint.

Aurionpro Solutions:

The company won an order from DMRC to deliver AFC technology and solutions, including gates and card readers, for metro networks.

Bharat Forge:

The company’s subsidiary, Kalyani Strategic Systems, acquired 25% of Edgelab S.p.A. by purchasing 769,000 shares at €3.25 each.

CESC:

The company’s subsidiary NPCL awarded a 300 MW Wind-Solar Hybrid Power supply contract to another subsidiary, Purvah, for a 25-year period.

Clean Science and Technology:

The company’s subsidiary Clean Fino-Chem has commenced commercial production of 2,5-Dihydroxy-1,4-Dithiane, enhancing pharma segment value and promoting import substitution.

Gokul Agro Resources:

The company acquired edible oil refinery assets in Mangalore for ?105.53 crores, adding 100 TPD capacity within 6 months.

ITCONS E-Solutions:

The company secured a 2-year manpower services contract with the National Automotive Board worth ?3.37 crore, starting January 2025.

Jubilant Ingrevia:

The company’s subsidiary, Jubilant Infrastructure, acquired 6.67% equity in Forum I Aviation, increasing its stake to 15.79%.

KEC International:

The company executed a Business Transfer Agreement to transfer its Cables Business to subsidiary KEC Asian Cables for ?125 crore via slump sale.

Lupin:

The company acquired Huminsulin® in India from Eli Lilly to enhance its diabetes portfolio, including insulin products for type 1 and type 2 diabetes.

Mahindra and Mahindra:

The company and British International Investment Plc. agreed to reduce the final tranche of BII’s investment in Mahindra Electric to ?650 Crores.

Power Grid Corporation of India:

The company acquired 100% of Rajasthan IV 4A Power Transmission Limited for ?18.37 crore under the TBCB route, focusing on power transmission in Uttar Pradesh and Rajasthan.

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM00001274