11-10-2024 08:58 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 16 points higher at 24,998 on Thursday.

Exide Industries:

The company has invested ?99.99 crore in its subsidiary Exide EnergySolutions through a rights issue, bringing the total investment in EESL to Rs.2,852.24 crore.

IREDA:

The company has received approval to set up a wholly owned subsidiary forretail business in renewable energy and emerging sectors like EVs, energystorage, and green technologies.

Krsnaa Diagnostics:

The company has received a signed agreement from Ranchi Institute ofNeuro-Psychiatry & Allied Sciences to supply, install, operate, and maintain aradiology center and pathology lab under a PPP.

Lloyds Engineering Works:

The company’s board has approved an MOU for the acquisition of theEngineering Division assets from Bhilai Engineering Corporation.

Mazagon Dock Shipbuilders:

The company has received a Rs.121.67 crore order from MAHAGENCO for thesupply, installation, and commissioning of an AI-based security project atGTPS-Uran and KGSC-Pophali, to be completed by October 2025.

NBCC:

The company’s subsidiary Hindustan Steelworks Construction has secured a Rs.1,000 crore order for campus development at Gondwana University,Gadchiroli, Maharashtra.

Oriental Rail Infrastructure:

The company has secured a Rs.1.58 crore order from North Eastern Railwaysfor supplying vinyl-coated upholstery fabric for AC and non-AC coaches, to bedelivered by May 2025.

Power Grid Corporation:

The company has been awarded a project for establishing an inter-statetransmission system in Rajasthan, receiving a Letter of Intent for the Rs.5.5 GWproject on a BOOT basis.

Sattrix Information Security:

The company has secured an order to provide Security Operations Centerservices to SBI Cards and Payment Services, to be executed within 3 months.

Suzlon Energy:

The company has secured a 400 MW order from JSP Green Wind 1 Pvt. Ltd.,enhancing its cumulative order book to nearly 5.4 GW.

Uno Minda:

The company’s joint venture, Toyoda Gosei Uno Minda India, has commencedcommercial production at its Neemrana, Rajasthan facility.

Zee Media Corporation:

The company’s subsidiary Zee Akaash News has entered into an agreement toinvest Rs.3.75 crore in Flutrr Digimate by subscribing to equity shares andconvertible warrants.

 

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