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Vishnu Prakash R Punglia Secures Rs 273.1 Cr Water Supply Contract from UP Jal Nigam

Vishnu Prakash R Punglia Secures Rs 273.1 Cr Water Supply Contract from UP Jal Nigam

26 June 2024

VISHNU PRAKASH R PUNGLIA LIMITED is one of India’s fastest-growing Infrastructure Development Companies. Incorporated in 1986, Vishnu Prakash R Punglia Limited is engaged in the business of designing and constructing infrastructure projects for the Central and State Governments, autonomous bodies, and private bodies across 9 States and 1 Union territory in India. VPRPL receives Rs.273.1 …

India Cements Surges Over 9%, Highest Single-Day Move in 9 Months with Volume Surge

India Cements Surges Over 9%, Highest Single-Day Move in 9 Months with Volume Surge

26 June 2024

On Wednesday, Indian equity benchmark indices retreated from higher levels, with the Nifty50 and Sensex trading down by 0.11% and 0.05%, respectively. The Bank Nifty also fell by 0.33%, trading below the 52,500 mark. Amidst this profit booking in the market, one stock that has hogged the limelight is India Cements. About the Company India …

Mazagon Dock Shipbuilders Earns Navratna Status from Government

Mazagon Dock Shipbuilders Earns Navratna Status from Government

26 June 2024

Mazagon Dock Shipbuilders Limited (MDL), formerly called Mazagon Dock Limited, is a shipyard situated in Mazagaon, Mumbai. It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships, and ferries.MDL is a public sector undertaking and is …

Share Market Pre Open Updates – June 26, 2024

Share Market Pre Open Updates – June 26, 2024

26 June 2024

On June 25, 2024, the Nifty 50 rose by 0.79% and closed at 23,722, and the Sensex grew by 0.93%, closing at 78,061.  Top Gainers and Losers On the sectoral front, Nifty Financial Services, Nifty Private Bank, Nifty Bank, and Nifty Financial Services 25/50 ended in the green. Meanwhile, Nifty Realty, Nifty Metal, Nifty Oil …

Fischer Medical Ventures’ Subsidiary and RiteMED Forge Healthcare Partnership

Fischer Medical Ventures’ Subsidiary and RiteMED Forge Healthcare Partnership

25 June 2024

On June 25, 2024, Fischer Medical Ventures Ltd announced via stock exchanges that it has established itself as a pioneer in India through its wholly owned subsidiary, Time Medical International Ventures (India) Private Limited, by locally manufacturing advanced, high-quality Magnetic Resonance Imaging (MRI) systems. Fischer MVL not only focuses on medical imaging device manufacturing but …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

25 June 2024

During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Dhani Services Ltd Dhani Services Ltd saw a significant trading volume of 2.04 crore shares today. The stock reached a high of Rs 53.6 and is currently trading at Rs 52, up from …

Craftsman Automation Ltd’s Strategic Acquisition of Sunbeam Lightweighting Solutions

Craftsman Automation Ltd’s Strategic Acquisition of Sunbeam Lightweighting Solutions

25 June 2024

Craftsman Automation Ltd disclosed on June 24, 2024, that it has initiated steps towards acquiring Sunbeam Lightweighting Solutions Private Limited (Sunbeam) in a Memorandum of Understanding (MoU) signed with Sunbeam and Kedaara Capital Fund II LLP (Kedaara). The proposed transaction involves the acquisition of either the entire business or a portion thereof of Sunbeam, excluding …

Westside and Saaksha & Kinni Launch “Honey I’m Home 2.0” Exclusive Home Collection

Westside and Saaksha & Kinni Launch “Honey I’m Home 2.0” Exclusive Home Collection

25 June 2024

On June 25, 2024, Westside, one of India’s top and fastest-growing retail chains, teamed up again with the famous designer duo, Saaksha & Kinni for a special home collection called “Honey I’m Home 2.0”. This collaboration highlights Westside’s dedication to offering unique and curated brands to its customers. This partnership showcases a blend of design …

Vinati Organics Expands with Subsidiary Investment

Vinati Organics Expands with Subsidiary Investment

25 June 2024

On June 25, 2024, Vinati Organics Limited subscribed to 5,57,70,950 fully paid-up equity shares with a face value of ₹10 each, totalling ₹55,77,09,500. Vinati Organics Limited acquired 100% of the share capital and control of Veeral Organics Private Limited. This investment was made through a rights issue, and these shares will rank equally with the …

Schaeffler India Unveils Made-in-India Planetary Gear System for Hybrid Vehicles

Schaeffler India Unveils Made-in-India Planetary Gear System for Hybrid Vehicles

25 June 2024

Schaeffler India, a frontrunner in motion technology, has unveiled a groundbreaking innovation – the Planetary Gear System (PGS) – manufactured entirely at its Hosur plant. This system is specifically designed to meet the needs of Dedicated Hybrid Transmission (DHT) vehicles in the Indian market. Aligning with Make in India and Greener Transportation The PGS marks …

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