The Indian stock market is indicated to open flat to marginally lower on Thursday. At around 7:30 am, GIFT Nifty was trading around 23,486.50, down about 4 points, indicating a likely flat opening for the Sensex and Nifty.
Gaja Alternative Asset Management and Shankesh Jewellers are among the companies scheduled to announce their quarterly financial results today. Market participants will track their revenue, profit, margins and business outlook during the results.
Dilip Buildcon has been declared the successful bidder for a project worth around Rs 1,800 crore after receiving a Letter of Intent (LOI) from the Petroleum and Natural Gas Regulatory Board (PNGRB). The project involves pipeline-related work for transporting petroleum and petroleum products, including LPG, from Paradip in Odisha to Raipur in Chhattisgarh.
Indian Bank has proposed to sell part of its stake in the National Stock Exchange of India through an Offer for Sale (OFS) in the proposed NSE IPO. Subject to the required regulatory approvals, the bank may sell up to 15 lakh equity shares of NSE. Indian Bank holds around 17.91% stake in NSE.
Shakti Pumps India has received an empanelment letter from the Maharashtra State Electricity Distribution Company under the ‘Magel Tyala Saur Krushi Pump Yojana’. Under the arrangement, the company will supply 10,000 off-grid Solar Photovoltaic Water Pumping Systems with capacities of 3 HP, 5 HP and 7.5 HP in Maharashtra.
ICICI Bank has received approval from the Reserve Bank of India allowing ICICI Prudential Asset Management Company to acquire up to an aggregate 9.95% of the paid-up share capital or voting rights in CSB Bank, DCB Bank, Kotak Mahindra Bank and AU Small Finance Bank.
IRB Infrastructure Developers reported a 25% year-on-year increase in toll revenue for August 2026. The company's toll collection stood at Rs 807.4 crore in August, compared with Rs 646.2 crore during the same period last year.
IT company Wipro has launched the CISO Command Center in collaboration with Nasdaq-listed cybersecurity company CrowdStrike. The initiative is aimed at helping companies address emerging AI-related cybersecurity risks and strengthen cyber resilience.
Hindustan Zinc has entered into a six-year transportation contract with MFL India for concentrate transportation. The agreement includes plans to deploy 30 electric trucks. According to the company, the move will support the electrification of its mine-to-smelter logistics network.
Juniper Green Spark Ten, a wholly owned subsidiary of Juniper Green Energy, has fully commissioned a 75 MW wind-solar hybrid power project. According to the company, the project became fully operational following the commissioning of the final 10 MW of wind capacity at the site.
