06-11-2024 09:52 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 after Nifty closed 218 points higher at 24,213 on Tuesday.

Allied Blenders & Distillers:

The company introduced ARTHAUS, a collection of premium single maltwhiskies, launching initially in Mumbai with expansion plans.

Alkyl Amines Chemicals:

The company approved capital investment to set up a new specialtychemicals plant at Dahej, Gujarat.

CarTrade Tech:

The company reported record-breaking performance during the DiwaliDussehra period, with a 36% YoY increase in consumer platformengagement in October 2024.

E2E Networks:

The company announced a strategic partnership with L&T to accelerateCloud and AI innovation for Indian enterprises, with L&T acquiring a 21%equity stake.

Happiest Minds:

The company was recognized as a "Major Contender" in Everest Group’sDigital Workplace Services PEAK Matrix for mid-market enterprises.

Indian Hotels:

The company approved an agreement to acquire 55% equity in RajscapeHotels, managing "Tree of Life Resorts & Hotels".

K P Energy:

The company received new orders totaling 1003.7 MW for renewableenergy projects, including hybrid and solar phases, from KPI Green Energy.

Mazagon Dock:

The company reported Q2 net profit of Rs.552 crore, up from Rs.302 crore YoY,with EBITDA at Rs.510 crore and margins at 18.5%.

NBCC:

The company secured a Rs.500 crore order for building construction at BISHeadquarters, New Delhi, and other locations from the Bureau of IndianStandards.

RVNL:

The company’s JV with SCPL won an Rs.837 crore order for railwayconstruction work from Eastern Railway, with RVNL holding a 74% share.

SOLAR Industries:

The company secured an Rs.887 crore order from Singareni Collieries forsupplying explosives and systems for overburden blasting over two years.

 

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