IGI Logo

Market Updates

The markets are expected to open marginally lower today as trendsin GIFT Nifty indicate a negative start for the broader index afterNifty closed 314 points higher at 24,221 on Monday.

Afcons Infrastructure:

The company completed Ghana's $447M Tema-Mpakadan Railway Line,featuring the Volta River's longest railway bridge and multimodal connectivity.

Ashoka Buildcon:

The company received a Letter of Award from NHAI for a highway projectworth Rs.1,391 crore (excluding GST).

Gulf Oil Lubricants India:

The company renewed its exclusive partnership with Piaggio India until2030 to supply genuine and co-branded lubricants, including BS VI and EVfluids.

G R Infraprojects:

The company’s subsidiaries received NHAI-appointed dates for KarnatakaHAM projects worth Rs.1,457.24 crore, with a 730-day completion timeline.

KEC International:

The company secured new orders worth Rs.1,114 crores across Transmission& Distribution, Civil, Railways, and Cables segments in India andinternationally.

LTIMindtree:

The company formed a strategic alliance with Microsoft to drive AIinnovation and digital transformation for global enterprises, focusing onactionable business outcomes.

Marine Electricals (India):

The company secured orders totaling Rs.12.93 crore from Cochin Shipyard forsupply of Base & Depot Spares for ASW & SWC Project (delivery in 8months) and from Kutch Copper Tubes (Adani Group) for LT Panel supplyfor Mundra Site Project (delivery in 4 months).

Muthoot Microfin:

The company initiated loan disbursals under its co-lending partnership withSBI, with Rs.500 crore sanctioned for loans ranging from Rs.50,000 to Rs.3 lakhfor rural entrepreneurs.

One 97 Communications:

The company launched automatic top-up for Paytm UPI Lite, enablingseamless transactions up to Rs.500 with a daily limit of Rs.2000, available forselect users.

OneSource Specialty Pharma:

The company successfully raised $95 million through equity allotment at apre-money valuation of $1.65 billion, led by HBM Healthcare Investmentsand other investors.

SIS:

The company approved the proposal to raise additional funds of up to Rs.60 crorethrough NCDs on a private placement basis, bringing the total to Rs.250 crore.

TIPS Music:

The company announced a direct partnership with TikTok to host its 31,000-song catalog globally, expanding music reach across multiple regions.

UPL:

The company signed a strategic partnership with CH4 Global to distributethe methane-reducing feed additive Methane Tamer™ in India, Brazil,Argentina, Uruguay, and Paraguay.

Please refer disclaimer at http://www.aretesecurities.com/

SEBI Regn. No.: INM00001274