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 19 points higher at 22,493.55 on Thursday.
InterGlobe Aviation:
Promoter Rakesh Gangwal plans to divest up to 3.3% of his stake in the company, valued at Rs 3,729 crore, with a floor price set at Rs 2,925 per share.
Titagarh Rail Systems:
The company has received a contract totaling Rs 1,909 crore by the Railway Board for the production and delivery of 4,463 BOSM wagons.
Agro Tech Foods:
The company announced a share subscription agreement with Zest Holding Investments, resulting in the investor gaining control over the company.
Exide Industries:
Approval from the NCLT has been granted for the scheme of amalgamation between its wholly owned subsidiaries, Exide Energy Solutions and Exide Energy.
H.G. Infra Engineering:
The National Highways Authority of India has declared the company as the L-1 bidder for a project valued at 610.11 crore.
Macrotech Developers:
The company successfully raised Rs 3,300 crore equity through QIP.
Kernex Microsystems:
An order worth Rs 109.5 crore for comprehensive signaling and telecommunication works has been received by the company from South-Central Railway.
Tata Communication:
Company has unveiled a cutting-edge production and delivery facility in Los Angeles, a strategic investment aimed at enhancing service capabilities and fostering business growth opportunities.
PNC Infratech:
The company has entered into an agreement for a construction project valued at Rs 1,174 crore in Madhya Pradesh under the hybrid annuity mode.
Hindustan Aeronautics:
Cabinet Committee on Security approves procurement of 34 new Dhruv helicopters for Indian Coast Guard and Army, to be manufactured by HAL.
India Glycols:
The company has increased the capacity of its Bio-Fuel Ethanol plant in Kashipur, Uttarakhand, to 410 KLPD and it is now fully commissioned.
Please refer disclaimer at http://www.aretesecurities.com/
SEBI Regn. No.: INM000012740
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