India's Tata Power is looking for bids for the supply of wind turbines with a capacity exceeding 3 gigawatts (GW). These turbines will be used at its wind-solar hybrid renewable energy facilities across India over the next three to five years, according to several sources. The total investment could surpass Rs. 21,000 crore, making it [...]
Shares of this Tata Group company, which specialises in product development and digital solutions, rose nearly 2 percent following its collaboration with BMW to establish a joint venture, BMW TechWorks India, aimed at developing automotive software and IT solutions. Price Movement In Wednesday's trading session, Tata Technologies Limited's share price reached an intraday high of [...]
The shares of this public-sector enterprise gained 10 percent after the company signed a memorandum of understanding for developing railways and provide infrastructure services in the UAE. With a market capitalization of Rs 15,424.98 crore, the shares of Rites Ltd were trading at Rs 320.95 per share, increasing around 7 percent as compared to the [...]
Solar energy stock held by BlackRock, engaged in manufacturing and supplying integrated solar cells and solar panels and also providing EPC Solutions related to it jumped 6 percent in the day’s trade upon receiving a new work order for the supply of solar modules. Price Movement With a market capitalization of Rs. 46,326 Crores, the [...]
Shares of a company engaged in offering services for collection, disposal, and recycling of e-waste surged 5.2 percent on NSE to Rs. 183.95 on Wednesday, after the company announced acquiring land to set up e-waste recycling plant in Telangana. With a market capitalisation of Rs. 415.7 crores, at 10:10 a.m., the shares of Namo eWaste [...]
Shares of this power transmission stock reached the upper price band on Wednesday after winning an EPC and O&M contract valued at Rs.201 crores for developing a solar power project designed to solarize agricultural feeders in Maharashtra. Price Movement In Wednesday's trading session, RMC Switchgears Limited's share price reached the 5 percent upper circuit at [...]
The shares of the railway equipment manufacturer gained up to 2.22 percent after the company bagged a prestigious order from ‘Modern Coach Factory worth Rs 6.91 crore. Oriental Rail Infrastructure Ltd has a market capitalization of Rs 1,689.82 crore, the shares were trading at Rs 274.95 per share, increasing around 1.10 percent as compared to [...]
Public Sector Undertakings (PSUs) in India are government-owned corporations that play a crucial role in the country's economy and infrastructure development. Established primarily through nationalisation efforts beginning in the 1950s, these entities were created to provide essential services and promote equitable economic growth. The government holds at least 51 percent of the paid-up share capital [...]
According to the IBEF, the Garments and Apparel industry in India is a vital sector, contributing approximately 2.3% to the GDP. In FY24, the sector's exports reached $28.72 billion, with readymade garments alone accounting for $14.23 billion. The market is projected to grow at a 10% CAGR, aiming for $350 billion by 2030. With a [...]
According to Pib, the Industrial Products industry in India is a significant contributor to the nation's economy, with a 4.9% growth recorded in March 2024. The Index of Industrial Production (IIP) reached 159.2, reflecting robust performance across sectors like manufacturing, which grew by 5.2%. By 2025-26, the manufacturing sector is projected to hit $1 trillion [...]
