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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 112 points higher at 24,433 on Tuesday.

Bank of Baroda:

The company revises one-year MCLR to 8.90% from 8.85%, effective July 12.

Bharat Electronics:

The company and Data Patterns bids have been cleared by the Techno-Commercial Evaluation Committee (TCEC) of IRDE, DRDO for the development of Distributed Aperture System-HD (DAS-HD) for the future fighter programs of the Indian Air Force.

Diamines & Chemicals:

The company proposes issuance of 916,390 convertible warrants at INR 552 each to promoter group and selected non-promoters via preferential allotment.

Infibeam Avenues:

The company plans to acquire the balance 26.00% stake of Infibeam Digital Entertainment.

Kalpataru Projects International:

The company approved a proposal to set up a fund raise limit up to INR 16 billion.

Marathon Nextgen Realty:

The company reports Q1FY25 pre-sales area sold at 79,239 sq. ft.,
a decrease of 45% YoY. The company's sales value stood at INR 214 crore, a decrease of 46% YoY.

R.P.P. Infra Projects:

The company wins new orders worth INR 310.93 crores.

R.S. Software:

The company reports Q1 standalone net profit at INR 30 million vs INR 23 million YoY and Q1 revenue at INR 187 million vs INR 111 million YoY.

Sanghi Industries:

The company approved allotment of preference shares worth INR 500 crore to Ambuja Cements.

Shyam Metaliks:

The company reports a monthly business update on stainless steel with average realization increased by 44.03% YoY and 6.49% QoQ; average realization at 139,072 MT vs 96,559 MT YoY.

The Phoenix Mills:

The company's subsidiary has invested in O2 Renewable Energy XIII Pvt Ltd for renewable energy, holding a 30.95% equity stake post-transaction.

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