Markets are likely to see action in several counters today, following a range of business developments, earnings announcements, and strategic updates.
Godrej Properties has acquired 50 acres of land in Raipur, with a planned saleable area of 9.5 lakh square feet.
PNC Infratech secured a 300 MW ISTS solar project along with a 150MW/600MWh energy storage component from NHPC.
Lupin announced the launch of Loteprednol Etabonate Ophthalmic Suspension, 0.5%, in the US market.
Ramco Cements commissioned a new 23-km private railway siding at its Kalavatala plant in Andhra Pradesh.
Infosys opened an Enterprise Innovation Lab for SAP Solutions in Düsseldorf, Germany.
Manali Petrochemicals inaugurated its expanded Propylene Glycol facility in Chennai.
TANFAC Industries reported a rise in net profit to ₹19.35 crore and revenue to ₹176 crore.
Oriental Hotels posted net profit of ₹9.2 crore on revenue of ₹108 crore.
Ixigo reported net profit of ₹18.9 crore and revenue of ₹314 crore.
Laxmi Cotspin announced a new product launch, ‘OJAS Cotton Roll’ under its forward integration plan.
Asian Energy received a ₹46 crore contract from Sun Petrochemicals for seismic data services in Gujarat.
Premier Explosives secured a $12.24 million export order for defence-grade explosives.
Eraaya Lifespaces‘ subsidiary Ebix Smartclass launched a nationwide AI-enabled education platform.
Emcure Pharma announced a distribution partnership with Sanofi India for oral anti-diabetic drugs.
Hindustan Zinc received a Composite License from the Ministry of Mines.
Zydus Lifesciences completed a USFDA regulatory assessment at its Matoda plant in Gujarat.
Godawari Power received environment clearance for its planned 2 million-ton steel plant in Chhattisgarh.
Pashupati Cotspin will migrate from NSE Emerge to the main board today.
Aditya Birla Real Estate scheduled a board meeting on July 23 to discuss fundraising plans.
Shipping Corporation of India (SCI)‘s land and asset arm received stamp duty exemption from the Maharashtra government related to its demerger.
Marathon Nextgen saw bulk buying activity, with 3.7 lakh shares acquired by Sageone Investment Managers at ₹740 apiece.
Platinum Industries informed about the resignation of CFO Gyandeep Mittal.
Apollo Tyres appointed Mahalakshmi Ramaswami as Chief Human Resource Officer.
Tech Mahindra reported net profit of ₹1,141 crore on revenue of ₹13,350 crore.
Reliance Industrial Infrastructure posted net profit of ₹3.10 crore and revenue of ₹12.46 crore.
L&T Technology Services reported profit of ₹316 crore and revenue of ₹2,866 crore.
JTL Industries saw profit fall to ₹16.5 crore while revenue stood at ₹543 crore.
Kalpataru reported profit of ₹20.3 crore and revenue of ₹596 crore.
Sadhana Nitrochem announced the resignation of Assistant Company Secretary and Compliance Officer Aditya Shelke.
Mahaalaxmi Texpro appointed Sachin Suresh Diwan as the new CFO.
Sundaram Brake Linings set July 18 as the record date for its final dividend.
Pudumjee Paper Products set August 21 as the record date for dividend eligibility.
Maruti Suzuki updated features and pricing for its Ertiga and Baleno models, including standardized airbags and revised prices.
State Bank of India (SBI) launched a Qualified Institutional Placement to raise up to ₹25,000 crore.
LTI Mindtree dissolved its UK-based step-down subsidiary, Syncordis Ltd.
Neogen Chemicals received an additional ₹30 crore in insurance claims related to a fire incident.
Reliance Power will seek shareholder approval to raise up to ₹6,000 crore via equity or related instruments.
GMR Airports reported a 3.3% year-on-year growth in Q1 passenger traffic.
Karnataka Bank named Raghavendra S Bhat as its new Managing Director and CEO.
SRF scheduled a board meeting on July 23 to consider raising funds up to ₹750 crore via NCDs.
Arvind Fashions appointed Amisha Jain as its new MD and CEO.
TVS Motor launched its new Apache RTR 310 model, priced from ₹2.39 lakh.
Valor Estate is set for demerger with Advent Hotels on a 1:10 basis, with today being the ex-date.
JSW Energy will provide 18% of power from a project free to the Himachal Pradesh government as part of its agreement.
Indag Rubber had its outlook revised from stable to negative by ICRA, though the ratings were reaffirmed.
Angel One posted a 61% drop in net profit at ₹114.4 crore and a 19% decline in revenue at ₹1,140 crore.
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