On August 4, Adani Infra made a significant move by acquiring an additional 21.83% stake in PSP Projects through an open market transaction. This development follows a challenging trading day for PSP Projects, where its shares witnessed a substantial decline. On the first trading day of the week, the shares plummeted by 15.52%, closing at ...
In an era where electric vehicles (EVs) are gaining traction, the need for robust EV charging infrastructure is more critical than ever. Servotech EV Infra has taken a significant step towards enhancing this infrastructure by entering into a major agreement with Noida Power Company Limited (NPCL). This collaboration aims to facilitate the growth and accessibility ...
The recent announcement regarding the acquisition of a significant order by Artifact Projects Limited has garnered attention in the financial market. The company has secured a contract worth ₹3.78 crore from the National Highways Authority of India (NHAI). This development is expected to boost the company’s growth trajectory and improve its market presence. Overview of ...
The Adani Group is preparing to list its airport business on the stock market, offering investors a unique opportunity to invest in a rapidly expanding sector. This listing is a significant milestone for the company, reflecting its commitment to enhancing its aviation segment and providing a platform for increased capital influx. In this article, we ...
CG Power has secured a significant order for the manufacturing of ten Vande Bharat trains. This contract includes the supply of motors, propulsion kits, transformers, and various other components essential for railway operations. The financial implications of this deal are noteworthy, estimated to be between ₹400 to ₹450 crores, showcasing CG Power’s pivotal role in ...
Introduction The Indian Union Budget for 2025, presented by Finance Minister Nirmala Sitharaman, has brought significant announcements that cater to various sectors, including agriculture, education, and infrastructure. Aimed at boosting the economy and providing relief to the middle-class citizens, the budget seeks to create a more balanced and robust economic framework for the country. This ...
Investing in multibagger stocks can yield remarkable returns for investors, and a prime example of this is Diamond Power Infrastructure. Over the past 16 months, the stock has witnessed an unprecedented surge of 4,400%, making it one of the standout performers in the market. In just one year, this company’s shares have provided positional investors ...
The Capital Infra Trust is set to launch its Initial Public Offering (IPO) on January 7, inviting investors to partake in this lucrative opportunity until January 9. With a price band set between ₹99 and ₹100 per unit, this IPO presents an attractive entry point for both institutional and retail investors looking to diversify their ...
The GMR Group has announced a significant financial move by securing a loan of ₹6,300 crores from the Abu Dhabi Investment Authority (ADIA) on Wednesday. This funding will primarily be utilized to settle the debts of its promoter group company, GMR Enterprises Private Limited (GEPL). Such strategic financial arrangements are indicative of the group’s proactive ...
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 ...