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06-09-2024 09:26 AM | Source: ARETE Securities Ltd
The Markets are expected to open marginally lower today as trendsin GIFT Nifty indicate a negative start - ARETE Securities Ltd

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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 53 points lower at 25,145 on Thursday.

Anant Raj:

The company has completed the acquisition of 100% equity shares ofSheetij Properties Private Limited, making it a wholly owned subsidiary.

Ashok Leyland:

The company has signed an MoU with Bandhan Bank to offer customizedvehicle financing solutions, enhancing loan access with flexible repaymentoptions for its customers.

EasyMyTrip:

The company is entering the electric bus market with its new subsidiary, Easy GreenMobility,investing INR 200 crore for R&D and manufacturing over 2-3 years.

Goldiam International:

The company has received Rs.70 crore in orders from a large U.S. retailer fordiamond-studded gold jewelry, including 80% for lab-grown diamonds,pushing its cumulative orders book over Rs.200 crore.

Honeywell Automation India:

The company has delivered and commissioned a microgrid Battery EnergyStorage System for SECI’s Lakshadweep Islands project, integrating advancedEMS and BESS technologies to support the islands' energy transition.

Max Estates:

The company has raised Rs.800 crore through a QIP, with a 4.97% discounton the floor price, and plans to raise up to Rs.150 crore more via convertiblewarrants, utilizing the funds for land acquisition and development.

PTC Industries:

The company’s subsidiary Aerolloy Technologies Limited has received itsfirst order from Israel Aerospace Industries for Titanium cast components,marking the first time IAI is sourcing such components from India.

Premier Energies:

The company has received a Rs.215 crore order from Uttar PradeshDepartment of Agriculture for 8,085 solar water pumping systems, withcompletion expected by March 2025 under the PM-KUSUM scheme.

RailTel Corporation of India:

The company received a work order from Northern Railways for a RailwayTelecom Project worth Rs.10.92 crore.

Race Eco Chain:

The company is forming a joint venture with Ganesha Ecosphere Limited,India's largest PET recycler, to establish PET washing lines across India, withRace Eco Chain holding up to a 51% stake.

RateGain Travel Technologies:

The company announced that TAAG Angola Airlines E.P, Angola's nationalairline with 70 years of service, has selected AirGain to enhance real-timecompetitive insights and optimize pricing decisions.

Wipro:

The company has been enlisted by JFK International Air Terminal to assess itsgreenhouse gas emissions, develop a carbon reduction roadmap, and createits 2023 sustainability report, helping JFKIAT achieve its net zero targets.

 

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