08-11-2024 09:12 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

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

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 284 points lower at 24,199 on Thursday.

Aurionpro Solutions Ltd:

The company secured a major contract to implement an Automated FareCollection system for Chennai Metro Phase II, enhancing efficiency andconvenience for high passenger volumes.

EaseMyTrip:

The company partnered with Hyperface to improve card solutions, includingcustomer onboarding, personalized campaigns, and launching new cobranded credit card programs to boost customer engagement.

G R Infraprojects Ltd:

The company emerged as the L1 bidder for the “Transmission Scheme forBijapur REZ” in Karnataka, through a competitive bidding process on aBuild-Own-Operate-Transfer basis.

HCLTech:

The company will drive digital transformation for Tasman District Council inNew Zealand, implementing an advanced system with GenAI andautomation for enhanced resident services.

Hindustan Zinc Ltd:

The company was declared the ‘Preferred Bidder’ for two Tungsten blocksin Andhra Pradesh and Tamil Nadu, subject to fulfillment of licenseconditions.

Macrotech Developers Ltd:

In alignment with its growth strategy, the company signed agreements toacquire Bain Capital's stake in Digital Infrastructure Platform entities,advancing its annuity income goal.

MOIL Ltd:

MOIL recorded its highest-ever October production and sales, up 32% and21% YoY respectively, while significantly increasing exploratory drillingactivities.

Polycab India Ltd:

The company emerged as the Lowest Bidder for a BSNL contract in Bihar,focusing on the development and maintenance of the Bharat Net Middlemile network, valued at approximately Rs.1,549 crore.

Shyam Metalics:

The company reported a 24% YoY revenue increase and a 32% YoY EBITDAgrowth in Q2 FY25, with new operations at its Coke Oven and Color CoatedSheets plants.

Tata Consultancy Services (TCS):

TCS signed a multi-year deal with Air France-KLM to migrate data to thecloud, promoting next-gen data-driven aviation and improving airlineoperational efficiencies.

Tata Power Company Ltd:

The company completed the acquisition of a 100% equity stake in ParadeepTransmission Ltd, enhancing its transmission capabilities with a turnover of Rs.256.18 crore.

 

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

SEBI Regn. No.: INM00001274

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer