Opening Bell: Headline indices trade marginally lower

Opening Bell: Headline indices trade marginally lower

Indian Market
by 5paisa Research Team Last Updated: 2022-10-13T10:12:37+05:30

On Thursday, Indian equity markets opened on a flat note after recording decent gains in yesterday's session.

At 9:30 am, Nifty 50 is trading in the red territory at levels of 17,070, down by 0.30%. Top gainers of the index comprise HCL Technologies, Hindalco, Eicher Motors, M&M and Cipla.

Watch out for these buzzing stocks in today’s session!

Som Distilleries & Breweries - The company has informed the bourses that they have entered a contract manufacturing arrangement with Radico Khaitan Limited for the manufacturing of their IMFL and ready-to-drink brands at their plant at Hassan, Karnataka. This will lead to better utilization levels of the company's IMFL facility.

Based in Bhopal, Som Distilleries & Breweries is one of the leading alcoholic beverage manufacturers in India. The company is primarily engaged in the production of beer, blending, and bottling of IMFL. It offers a broad line of products at every price point to cater to the varied preferences of consumers. The product portfolio consists of various options across beer, rum, brandy, vodka, and whisky.

Sterling & Wilson Renewable Energy - The company has announced that it has won an order from NTPC Renewable Energy Limited (NTPC REL) for its proposed 1,255 MWac/1,568 MWdc solar PV project at Khavda RE Power Park, Rann of Kutch, Gujarat. The project scope of work includes design, engineering, supply, construction, erection, testing, and commissioning along with a 3-year operation & maintenance contract.

The company is a global pure-play, end-to-end renewable engineering, procurement and construction (EPC) solutions provider.

Everest Industries - The company has received in-principle approval from the Government of Karnataka for the allotment of 15 acres of land in Mysuru to establish a manufacturing plant for fibre cement board/rapicon panels. The company is one of India’s leading and fastest-growing complete building solutions providers.

RailTel Corporation of India - The company has signed an MoU with NMDC for digital solutions. The partnership will focus on enhancing efficiency and transparency and paving the path for digital transformation as well as mineral accountability.




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