Stocks in news: Maruti Suzuki, Dabur, Info Edge, GR Infraprojects, Dilip Buildcon

Synopsis

Indian markets closed higher on expiry day, recovering from early weakness with selective buying. Maruti Suzuki unveiled its e VITARA electric SUV starting at Rs 10.99 lakh with a unique BaaS model. Dabur appointed Herjit S Bhalla to lead its India business, while GR Infraprojects secured a railway construction project worth Rs 668 crore.

Markets traded with volatility on expiry day and ended modestly higher as participants balanced early weakness with selective buying. Analysts see continued consolidation in the Nifty index in the absence of a major trigger, although sectoral moves are likely to keep participants engaged.

In today's trade, shares of Maruti Suzuki, Dabur, Info Edge, GR Infraprojects, Dilip Buildcon among others will be in focus due to various news developments.

Maruti Suzuki
Maruti Suzuki announced on Tuesday the introductory pricing for its much-anticipated electric SUV, the e VITARA. The vehicle will be available at a starting price of Rs 10.99 lakh under a Battery-as-a-Service (BaaS) model, with battery usage charged separately at Rs 3.99 per kilometre.

Dabur
In a move that blends legacy Ayurveda with multinational marketing muscle, Dabur India has brought in confectionery-sector heavyweight Herjit S Bhalla to lead its India business, injecting a distinct Hershey’s style commercial sharpness into the homegrown major’s next growth phase.

Info Edge
The company in its meeting of Committee of Executive Directors held today has agreed to invest an amount of about Rs 30 crore in Startup Investments (Holding), a wholly-owned subsidiary.

GR Infraprojects
The company has received Letter of Acceptance from West Central Railway for construction of new railway line in between Bahari and Gondawali stations including earthwork, minor bridges, major bridges, important bridges, viaduct, and other miscellaneous works in connection with Sidhi-Singrauli new rail link project in Madhya Pradesh

RIL
The convergence of connectivity and compute will reshape how citizens, enterprises and governments interact in India, with artificial intelligence poised to amplify the country's already robust digital public infrastructure, a top executive at Reliance Jio said on Tuesday.

Dilip Buildcon
Dilip Buildcon declared L-1 bidder for Narmada Water Resources Department project. The project is worth Rs 668 crore for construction of embankment.

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