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2025-01-07 08:43:26 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 after Nifty closed 388 points lower at 23,616 on Monday.

 

Adani Enterprises:

The company’s subsidiary, Adani Petrochemicals, formed a 50:50 JV, Valor Petrochemicals, with Indorama Resources for petrochemical and refinery operations.

Afcons Infrastructure:

The company completed a 3.5km stretch, including New Ashok Nagar Station, of the Delhi-Meerut Namo Bharat Corridor inaugurated by PM Modi.

Ashoka Buildcon:

The company’s subsidiary, Ashoka Bowaichandi Guskara Road Pvt. Ltd., signed a ?1,391 crore concession agreement with NHAI for a 4-lane corridor in WB.

CEAT:

The company approved a ?257 lakh investment to acquire 21,055 equity shares in its subsidiary Tyresnmore Online via rights issue.

Coal India:

The company signed a non-binding MoU with IREL to explore mining and refining of critical minerals, including mineral sands and REE.

Gensol Engineering:

The company secured a ?1,061.97 crore EPC contract for a 275 MW solar PV project at RE Solar Park, Khavda, Gujarat, including 3-year O&M.

Happy Forgings:

The company approved a ?650 crore capex to establish Asia’s first advanced forging unit for non-automotive industries, producing components up to 3,000 kg.

Insolation Energy:

The company posted 9M FY2025 provisional sales of ?928.34 crore (+92.4% YoY), attributed to strategic execution and favorable market dynamics.

TARC:

The company reported Q3 FY2025 presales of ?1,165 crore (YTD ?2,487 crore, ?6x YoY) and operationalized a cinema asset in East Delhi.

Titagarh Rail Systems:

The company delivered its first driverless Made-in-India train set for Bengaluru Metro’s Yellow Line, boosting urban mobility solutions.

Waaree Energies:

The company began trial production at its 5.4 GW solar cell manufacturing facility in Chikhli, Gujarat.

Wardwizard Innovations:

The company signed an MoU with C4V to develop advanced battery cells for high-speed scooters and EVs, promoting ‘Make in India.’

 

 

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