SYNOPSIS: Amara Raja arm enters defence electronics, develops indigenous naval sonar PCC with 61 percent localisation and cost efficiency, targeting broader ecosystem expansion amid rising Indian Navy investments. During Thursday’s trading session, shares of a...
SYNOPSIS: This PSU company secured a $60 million (~Rs. 554 crore) overseas metro rolling stock order for Africa, its first global contract in this segment, marking a key milestone in expanding its international rail business. During Wednesday’s trading session, shares...
SYNOPSIS: The company and Tata Autocomp approved a 50:50 joint venture to manufacture e-axles and electric motors in India, combining engineering and operational strengths, with planned capital of up to Rs. 94 crore. Shares of a leading supplier of technology and...
SYNOPSIS: The company received VISA’s in-principle approval for its Forex Card program, marking progress in digital expansion, with the company preparing for launch pending final regulatory requirements under the BIN sponsorship model. During Wednesday’s trading...
SYNOPSIS: The company expects limited impact as West Asia disruptions delay exports and domestic gas supply restrictions affect operations, though management is actively monitoring and managing near-term challenges. During Wednesday’s trading session, shares of one of...
SYNOPSIS: Shares of Lloyds Metals & Energy Limited surged 8 percent after a natural stone mining company acquired a small stake via market purchase in the company, with the transaction remaining a purely financial investment. During Tuesday’s trading session,...
SYNOPSIS: This Tata Group company remains in focus after APTEL upheld parallel distribution licensing, reinforcing sector reforms. Brokerage sees this as positive, with the proposed Electricity Amendment Bill potentially unlocking growth opportunities for power...
SYNOPSIS: World’s largest manufacturer of large-size plastic drums secured a Rs. 115 crore PSU order for CNG cylinders, reinforcing its position in the growing gas infrastructure segment, supported by strong demand and a projected 25 percent CAGR in the market. During...
SYNOPSIS: Around 94.09 crore shares of one of India’s most recognised home services platforms became eligible for trading after the lock-in expiry, representing 66 percent equity, while the stock also saw block trades worth Rs. 385 crore during the session. Shares of...
SYNOPSIS: The subsidiary of a prominent engineering company signed an NDA with a defence PSU to explore indigenous product development opportunities, with the agreement currently serving as a framework for potential collaboration, subject to future developments and...