09-07-2024 09:18 AM | Source: 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 3 points lower at 24,320 on Monday - 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 3 points lower at 24,320 on Monday.

Bajaj Finserv:

The company subsidiary Bajaj Allianz Life Insurance reports June new business premium at INR 1,080 crore, up from INR 768 crore MoM.

Container Corp:

The company says total throughput at 11.59 lakh TEUs, up 6% YoY; export-import throughput at 2.89 lakh TEUs, up 3.3% YoY; domestic throughput at 8.69 lakh TEUs, up 15% YoY.

Diamond Power:

The company wins an order worth INR 409 crore from Adani Green.

Edelweiss Financial:

The company announces a INR 2 billion public issue of NCDs.

HEC Infra:

The company wins an order worth INR 28.44 crore.

HFCL:

The company's Netherlands unit incorporates a subsidiary in the U.K. for making optical fibre cables.

Indian Oil:

The company JV firm to raise up to INR 1,200 crore to finance CBG plant projects.

L&T:

The company wins a mega contract valued between INR 10,000 to 15,000 crore.

Mahanagar Gas:

The company hikes CNG price by INR 1.50/kg and domestic PNG by INR 1/SCM in and around Mumbai effective July 9. Revised prices of CNG will be INR 75/kg and domestic PNG will be INR 48/SCM. Price hikes are due to shortfall in domestic gas allocation and rising gas costs.

Marine Electricals:

The company wins an order worth INR 50 crore.

Pitti Engineering:

The company opens QIP for raising up to INR 360 crore, setting the floor price at INR 1,054.25 per share.

VA Tech Wabag:

The company approved the sale of 100% stake in Wabag Water Services S.R.L., Romania for EUR 1.2 million.

 

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