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 ...
KEC International Limited, a leading multinational company based in India, has been making headlines with its robust performance in the infrastructure and engineering sector. Under the leadership of Managing Director and CEO Vimal Kejriwal, the company has seen a significant influx of orders, which highlights its growing reputation and capabilities in various industries. KEC International ...
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 ...
RPP Infra, a prominent player in the infrastructure development sector, has recently attracted significant attention in the stock market. On Tuesday, the company’s shares experienced a remarkable surge, highlighting investor confidence and interest in its business growth activities. This surge reflects not only the company’s current operational success but also its potential for future expansion. ...
PNC Infratech, a prominent player in the Indian infrastructure sector, is gaining significant attention in the stock market. On the National Stock Exchange (NSE), the company’s shares were trading around ₹454 with an increase of over 3% around noon. This rise is part of a broader bullish trend, as the stock has appreciated nearly 8% ...