Indices used as benchmarks A lack of significant global developments may result in a flat opening for both the NSE Nifty 50 and the BSE Sensex. During the early morning hours of Asian trade, the SGX Nifty was trading up by 14 points, or 0.08%, at a price of 18,693.5.
Adani Group Stocks
The circuit limitations for Adani Green Energy Ltd., Adani Transmission Ltd., and Adani Wilmar Ltd. have been increased to 10%, up from 5% before. Because the circuit limit has been raised from 5% to 20%, Adani Power will be the company that benefits the most from this change. According to a circular issued by the stock exchanges, New Delhi Television Ltd. (NDTV) would be removed from the short-term extra monitoring framework beginning on Wednesday.
Tata Power
Today is an important day for investors interested in Tata Power stock since the company’s shares will be trading ex-dividend.
Special Products Manufactured by JSW Ispat
Kiran Menon has tendered his resignation from his position as Chief Financial Officer (CFO) on June 6th.
Infrastructure provided by GMR Airports
The GMR Hyderabad International Airport (GHIAL) has sold a storage facility at the Hyderabad Airport to ILP Core Ventures PTE Limited for Rs 188.1 crore. The facility is roughly 8.18 million square feet in size.
Wipro
On Microsoft Cloud, the business inaugurated the Wipro Industry Innovation Experience for Financial Services solution. Microsoft and Wipro will collaborate to create innovative solutions that will assist clients in the financial services industry in accelerating their development and strengthening their ties with their customers.
Engineers India
The organisation has been chosen by the National Aluminium Organisation (NALCO) to provide advisory services for the updating of a detailed project report (DPR) for Pottangi bauxite mines in order to increase raw-ore output. The construction of a direct reduction iron plant in Angul, Orissa, has resulted in the signing of a contract between Jindal Steel and Power (JSPL) and Engineers India for the delivery of basic engineering and detail engineering for the facility. The total value of these orders is 20.55 crore rupees.
Corporation for the Production of Fertilisers and Petrochemicals Deepak
Through a private placement with qualified institutional purchasers and the issuing of non-convertible debentures (NCDs), the subsidiary Performance Chemiserve has successfully funded a total of 900 crore Indian rupees. The BSE Limited is going to start trading NCDs.
G R Infraprojects
The GR Hasapur Badadal Highway and the National Highways Authority of India (NHAI) have both legally ratified and implemented the concession agreement. The total project cost is estimated to be 872.2 billion rupees. Under the Bharatmala Pariyojana, the aforementioned highway construction project in Maharashtra will be carried out using the hybrid annuity mode.
Power of the Torrent
The government of Maharashtra and the corporation have agreed to the terms of a Memorandum of Understanding (MoU), which would allow the company to build three pumped storage hydro projects with a combined capacity of 5,700 MW in Maharashtra. The projects would need an investment of around 27,000 billion rupees (US$4 billion). Torrent plans to carry out the aforementioned tasks over the course of the next five years.
