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Gift nifty traded up by 126.50 points or 0.59% at 21,703,indicating positive opening for domestic indices
The S&P 500 and Nasdaq Composite closed solidly higher Monday, led by shares of big technology stocks
Japan’s Nikkei 225 popped 1.41% as trading resumed after a public holiday
Hong Kong’s Hang Seng index inched up 0.4%.
STOCKS TODAY
Tata Motors: Subsidiary Jaguar Land Rover (JLR) announced 27 percent YoY growth in Q3 sales to 101,043 units. YTD wholesales for FY24 were 291,113 units, up 28 percent year-on-year. Retail sales went up 29 percent to 109,140.
Bajaj Auto: The board of directors approved the proposal to buyback shares worth Rs 4000 crore. The company will buy back 40 lakh equity shares at an average price of Rs 10,000 per share
Cipla: The company announced a joint venture in the US with Kemwell Biopharma and Manipal Education & Medical Group to develop and commercialize novel cell therapy products for unmet medical needs in the US, Japan, and EU.
Aurobindo Pharma: The company announced it received the establishment inspection report from the US FDA for its Telangana unit. The report classified the facility as “Voluntary Action Indicated.”.
Oil India: The company signed a Joint Venture Agreement (JVA) with Assam Power Generation Corporation to work together in the renewable and green energy business. The company will join hands with the public sector company to achieve maximum renewable power generation in the state.
Lemon Tree Hotels: The company has signed a new hotel in Meerut, Uttar Pradesh. The hotel will be open in FY25 and franchised by the company. The hotel will have 75 rooms.
BEML: The company bagged a Rs 329.87 crore order from the Ministry of Defense to supply a Mechanical Minefield Marking Equipment Mark-II.