The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading lower by 65 points at 25,190, indicating that the domestic benchmark indices are likely to make a negative start on Wednesday.
Earlier on Tuesday, 23 September, the Domestic benchmark indices S&P BSE Sensex slumped by 58 points or 0.07%, and settled at 82,102, while the Nifty50 traded 0.13% lower or 33 points, closing at 25,170.
Here are some stocks that are likely to remain in focus on 24 September.
HCL Technologies: HCL Technologies renewed its long-standing digital transformation partnership with a Sweden-based commercial vehicle manufacturer, focusing on AI-powered digital foundation services.
Dilip Buildcon: Dilip Buildcon, through DBL-PSP JV, emerged as the lowest bidder for a Rs 1,115.37 crore project from the Kerala Industrial Corridor Development Corporation. The EPC contract covers design, construction, commissioning, and O&M of infrastructure works at Pudussery Central and Kannambra in Palakkad Node, Kerala.
Gandhar Oil Refinery (India): Gandhar Oil Refinery announced plans to terminate all licenses and agreements of its JV, Texol Oils FZC, with partner ESPE Oils FZC, and wind up the company. Gandhar holds a 50% stake in Texol, which operates under a commercial license from Hamriyah Free Zone Authority, Sharjah.
Torrent Power: The company announced acquiring a 49% stake in Newzone India (NZIPL) and full ownership of Newzone Power Projects (NZPPPL), the holding company of NZIPL, for Rs 211 crore from the Sarawagi family and related HUFs.
Bajaj Electricals: The Board of Directors of the company approved the acquisition of the βMorphy Richardsβ brand and related IP rights from Glen Electric (part of Glen Dimplex Group, Ireland) for Rs 146 crore, covering India, Nepal, Bhutan, Bangladesh, the Maldives, and Sri Lanka.
Ceinsys Tech: Ceinsys Tech secured a Letter of Award worth Rs 15.95 crore from MMRDA for upgrading and procuring ESRI ArcGIS Software Products under a four-year enterprise agreement. The contract covers license delivery and O&M support after activation.
Poly Medicure: The company, through its subsidiary RisoR Holdings B.V. in the Netherlands, completed the acquisition of Pendracare Holdings B.V. and Wellinq Medical B.V. (PendraCare Group). With this deal, the company now holds 90% economic rights in the group, making both entities step-down subsidiaries of Poly Medicure.
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