Articles for tag: agriculture, construction, railway

Rajiv Sharma

Business
This company will sell its railway business for ₹1600 crore; the stock has made investors wealthy. Is it your turn to invest?

This company will sell its railway business for ₹1600 crore; the stock has made investors wealthy. Is it your turn to invest?

Escorts Kubota Limited, a prominent player in the agriculture and construction equipment sector, has recently announced its decision to divest its railway equipment business division to Sonalika BLW Precision Forgings Limited for an impressive sum of ₹1,600 crores. This strategic move is aimed at optimizing resource allocation and strengthening its core business segments. About Escorts ...

Rajiv Sharma

Business
₹202 IPO oversubscribed 41.54 times, gray market indicates profit potential

₹202 IPO oversubscribed 41.54 times, gray market indicates profit potential

Deepak Builders and Engineers India Limited, an emerging player in the engineering and construction sector, has recently garnered significant attention with its Initial Public Offering (IPO). The company witnessed an overwhelming response, with its IPO being subscribed 41.54 times by the final day of bidding. This remarkable interest from investors not only reflects confidence in ...

Rajiv Sharma

Business
IPO of Atal Tunnel's construction company to open on October 25, trading at a ₹225 premium in the grey market.

IPO of Atal Tunnel’s construction company to open on October 25, trading at a ₹225 premium in the grey market.

Afcons Infrastructure is set to launch its Initial Public Offering (IPO) on October 25, attracting significant interest from investors. The IPO will remain open until October 29, providing a limited window for participation. As of the latest updates from the gray market, the company’s shares are being traded at a premium of ₹225, indicating strong ...

Rajiv Sharma

Business
Navratna Company Secures 650 Million Rs Contract, Shares Hit Storm for 2 Years

Navratna Company Secures 650 Million Rs Contract, Shares Hit Storm for 2 Years

NBCC India Limited, a renowned Navratna company, has recently secured a significant contract valued at ₹651.5 million. This noteworthy achievement reflects the company’s robust portfolio and growth trajectory, which has attracted investor attention and resulted in a remarkable surge in its share prices over the past two years. In this article, we will explore the ...

Rajiv Sharma

Business
Adani may acquire major cement company; investors react, shares rise 18%

Adani may acquire major cement company; investors react, shares rise 18%

The Adani Group, a major player in various sectors in India, is reportedly in negotiations with Heidelberg Materials, a leading German construction materials company. This potential acquisition could reshape the landscape of the building materials industry in India and signifies the increasing interest of international companies in the expanding Indian market. According to recent reports, ...