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 91 points higher at 23,707 on Tuesday.
CESC:
The company awarded a 150 MW wind-solar hybrid project, with an additional 150 MW greenshoe option, to subsidiary Purvah Green Power in India.
Confidence Petroleum India:
The company commissioned 5 new CNG stations in Bangalore, increasing its total to 45, aiming for 100 stations.
Edelweiss Financial Services:
The company announced a public issue of secured NCDs up to ?200 crore with tenures of 24-120 months and yields up to 11%.
M&M:
The company revealed pricing for premium EV variants, BE 6 Pack 3 at ?26.9 lakh and XEV 9e Pack 3 at ?30.5 lakh.
Maruti Suzuki:
The company unveiled its EV strategy ‘e For Me,’ featuring the e VITARA SUV and plans for charging infrastructure expansion.
NCC:
The company confirmed receiving a ?501 crore order from Rail Infra Development Co. for Bengaluru Suburban Rail, to be completed in 24 months.
Paras Defence:
The company secured a license to manufacture MK-46 and MK-48 LMGs with an annual production capacity of 6,000 units each.
Royal Orchid Hotels:
The company signed a property agreement in Khatoo, Rajasthan, near Shree Khatu Shyam Ji Temple, scheduled to open in February 2025.
RVNL:
The company signed an MoU with Dubai-based GBH International Contracting to explore civil infrastructure projects in GCC countries.
Shakti Pumps:
The company approved raising up to ?400 crore via QIP in tranches, with its Treasury Committee finalizing terms and postal ballot notice issued.
Tata Elxsi:
The company signed an MoU with CSIR-NAL to develop advanced air mobility solutions focusing on UAVs, UAM, and eVTOL for global markets.
Trident Techlabs:
The company secured a ?25.23 lakh domestic order from Ola Electric for an EV reliability analysis solution, to be delivered in 30 days.
WPIL:
The company’s subsidiary Gruppo Aturia acquired 100% of Italy-based MISA S.R.L to enhance its large pumps and turnkey solutions business.
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