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The markets are expected to open marginally lower today as trendsin GIFT Nifty indicate a negative start for the broader index afterNifty closed 187 points higher at 24,800 on Thursday.

BPCL:

The company received an affirmation of its Baa3 ratings from Moody's witha stable outlook.

Bank of Maharashtra:

The company approved raising long-term bonds up to INR 100 billion duringFY24-25.

CEAT:

The company reported Q1 EBITDA of INR 3.83 billion (vs INR 3.9 billion YoY),EBITDA margin of 11.99% (vs 13.19% YoY), Q1 revenue of INR 31.93 billion(vs INR 29.35 billion YoY), and Q1 consolidated net profit of INR 1.54 billion(vs INR 1.45 billion YoY).

Coromandel International:

The company executed an agreement to subscribe to equity shares inCoromandel Crop Protection Philippines Inc (CCPP) with an infusion of USD193,000. This will increase the company's stake from 40% to 93.23%,making CCPP a subsidiary of Coromandel International.

GPT Infraprojects:

The company received an order worth INR 1.03 billion.

HAL:

The company signed an amendment to the MoU with AeronauticalDevelopment Agency with a program value of INR 29.70 billion.

Hi Tech Pipes:

The company achieved its highest ever sales volume of 1,22,155 MT inQ1FY25, marking a growth of 45% YoY.

Power Mech Projects:

The company won an order worth INR 209 crore.

Tata Power:

The company's renewable energy arm and NHPC Renewable Energy inkedan MoU for an ambitious solar initiative for government buildings.

Tata Technologies:

The company partnered with ARM to drive innovation in software-definedvehicles (SDVs).

Vodafone Idea:

The company approved the first tranche of allotment of equity shares at anissue price of INR 14.80 per share to Nokia Solutions and Networks IndiaPrivate and Ericsson India Private, aggregating to INR 615 crore on apreferential basis.

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