Indian Market

TD Power Systems Shares Rise Nearly 6% After Securing Rs 142 Crore in Orders

TD Power Systems Shares Rise Nearly 6% After Securing Rs 142 Crore in Orders

/ Indian Market /

Shares of TD Power Systems climbed nearly 6% on October 15 after the company announced securing two major international gas engine generator orders worth Rs 142 crore. These orders, placed by Original Equipment Manufacturers, indicate strong demand for gas engine generators used in grid stabilization, base load power, and data centers. The Bengaluru-based company said, […]

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Waaree Energies IPO to Open on Oct 21, Close on Oct 23; Market Debut Set for Oct 28

Waaree Energies IPO to Open on Oct 21, Close on Oct 23; Market Debut Set for Oct 28

/ Indian Market /

Waaree Energies Ltd is set to launch its initial public offering (IPO) from October 21 to October 23, with anchor bidding beginning on October 18. The IPO includes a fresh issue worth Rs 3,600 crore and an offer for sale (OFS) of up to 4.8 million shares by existing shareholders, including Waaree Sustainable Finance and

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Premier Energies Shares Surge 10% After Subsidiary Secures Orders Worth Rs 765 Crore

Premier Energies Shares Surge 10% After Subsidiary Secures Orders Worth Rs 765 Crore

/ Indian Market /

Shares of Premier Energies climbed by up to 10% on October 14, following the announcement that its subsidiaries, Premier Energies International Private Ltd and Premier Energies Photovoltaic Private Ltd, had secured orders worth a total of Rs 765 crore. This includes Rs 632 crore for solar modules and Rs 133 crore for solar cells, with

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Bajaj Housing Finance Shares Drop 6% as One-Month Lock-In for Anchor Investors Ends

Bajaj Housing Finance Shares Drop 6% as One-Month Lock-In for Anchor Investors Ends

/ Indian Market /

Shares of Bajaj Housing Finance fell over 6% on October 14 as the one-month lock-in period for anchor investors expired. The stock hit an intraday low of Rs 141.58 on the NSE, down 6.16%, with a market valuation of Rs 1,18,259.68 crore. With the lock-in ending, around 12.6 crore shares, or 2% of the company’s

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Ashoka Buildcon Shares Surge 5% on Securing Rs 2,310 Crore Projects

Ashoka Buildcon Shares Surge 5% on Securing Rs 2,310 Crore Projects

/ Indian Market /

Shares of Ashoka Buildcon rose 5% in early trading on October 14, following the company’s announcement of winning projects worth Rs 2,309.99 crore. The stock was trading at Rs 265.65 on the BSE at 09:34 am, up by Rs 13.85. The company received a Letter of Acceptance (LoA) from Maharashtra State Road Development Corporation Ltd.

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Wipro Shares Climb 3% Ahead of Board Meeting on Bonus Issue and Q2 Results

Wipro Shares Climb 3% Ahead of Board Meeting on Bonus Issue and Q2 Results

/ Indian Market /

Shares of Wipro rose by 3% on October 14, as investors showed strong interest ahead of the company’s board meeting scheduled for October 17. The board will discuss a potential bonus share issuance, marking what could be Wipro’s fourth such bonus action, following similar moves in 2019, 2017, and 2010. In its last bonus issue,

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Transformers and Rectifiers India Shares Hit Upper Circuit After Rs 211 Crore Block Deal

Transformers and Rectifiers India Shares Hit Upper Circuit After Rs 211 Crore Block Deal

/ Indian Market /

Transformers and Rectifiers India shares surged to the 5% upper circuit on October 16 following a significant Rs 211 crore block deal on the exchanges. Approximately 27 lakh shares changed hands at a floor price of Rs 780 per share, representing a 2.6% discount from the previous closing price. The buyers and sellers involved in

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Gensol Engineering Shares Surge Over 3% on Securing Rs 186 Crore Solar Contract in Duba

Gensol Engineering Shares Surge Over 3% on Securing Rs 186 Crore Solar Contract in Duba

/ Indian Market /

Gensol Engineering’s stock jumped over 3% on Monday after the company secured a Rs 186 crore contract for a 23 MWp rooftop solar project in Dubai. The renewable energy firm won the order from a sustainable development company in the UAE, tasked with designing, constructing, and maintaining rooftop solar photovoltaic (PV) systems for a major

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Hindustan Aeronautics Achieves 'Maharatna' Status, Becoming 14th PSU; Shares Climb Nearly 2%

Hindustan Aeronautics Achieves ‘Maharatna’ Status, Becoming 14th PSU; Shares Climb Nearly 2%

/ Indian Market /

Shares of Hindustan Aeronautics Ltd. (HAL) rose by 1.9% to trade at Rs 4,519.95 on October 14 after the state-owned defense company was upgraded to ‘Maharatna’ status by the Department of Public Enterprises. HAL becomes the 14th public sector undertaking (PSU) to receive this prestigious status, which grants greater operational autonomy and financial power. With

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Oil Prices Drop Over $1 Amid China's Deflation Concerns and Uncertain Stimulus Plans

Oil Prices Drop Over $1 Amid China’s Deflation Concerns and Uncertain Stimulus Plans

/ Indian Market /

Oil prices fell more than $1 per barrel in early trading on Monday, with Brent crude futures down 1.59% to $77.78 and U.S. West Texas Intermediate crude futures slipping 1.59% to $74.36. The decline came as disappointing inflation data from China fueled demand concerns, while the lack of clarity on Beijing’s economic stimulus plans added

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