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Gulshan Polyols Secures ₹124 Crore Ethanol Supply Order; Share Price Jumps 8%

Gulshan Polyols Secures ₹124 Crore Ethanol Supply Order; Share Price Jumps 8%

20 February 2025

Gulshan Polyols Limited (GPL) has been awarded a significant allocation for ethanol supply under the Ethanol Blended Petrol Programme (EBPP) for the Ethanol Supply Year (ESY) 2024-25. The company participated in a tender process floated by major Oil Marketing Companies (OMCs) and secured an order to supply 21,220 kilolitres of ethanol, valued at ₹1,24,13,70,000. This …

Avantel Secures ₹43.25 Crore Order from NewSpace India for Xponder Devices

Avantel Secures ₹43.25 Crore Order from NewSpace India for Xponder Devices

20 February 2025

Avantel Limited, a technology-driven company, has announced that it has secured a significant purchase order worth ₹43.25 crore (including taxes) from NewSpace India Limited. The company disclosed this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The share price of Avantel on February 20, 2025, opened at …

HFCL Secures Agreement with BSNL for BharatNet Phase III Implementation in Punjab

HFCL Secures Agreement with BSNL for BharatNet Phase III Implementation in Punjab

20 February 2025

HFCL Limited has officially signed an agreement with Bharat Sanchar Nigam Limited (BSNL) to implement BharatNet Phase III in the Punjab Telecom Circle. This development follows HFCL’s earlier receipt of an Advance Work Order (AWO) from BSNL, valued at approximately ₹2,501.30 crore. The share price of HFCL on February 20, 2025, opened at ₹88.53, down …

Indiabulls Enterprises Reports Over ₹1,000 Crore Sales in Indiabulls Estate & Club-I

Indiabulls Enterprises Reports Over ₹1,000 Crore Sales in Indiabulls Estate & Club-I

20 February 2025

Indiabulls Enterprises has announced the sale of 195 units in its premium residential project, Indiabulls Estate & Club-I, surpassing ₹1,000 crore in sales within just 30 days of launch. The project, unveiled on January 14, 2025, has garnered significant interest from homebuyers, reflecting a growing demand for high-end housing in Gurugram. Prime Location and Connectivity …

India Glycols Share Price in Focus; Secures ₹1,264.20 Crore Ethanol Supply Allocation for EBPP

India Glycols Share Price in Focus; Secures ₹1,264.20 Crore Ethanol Supply Allocation for EBPP

20 February 2025

India Glycols Limited has announced that it has received an allocation for the supply of 18.06 crore litres of ethanol under the Ethanol Blended Petrol Programme (EBPP) for the Ethanol Supply Year (ESY) 2024-25. The total estimated value of the allocated supply stands at ₹1,264.20 crore, reinforcing the company’s role in India’s growing ethanol-blending initiative. …

Market Correction Hits LIC Portfolio: Portfolio Value Drops by ₹84,000 Crore

Market Correction Hits LIC Portfolio: Portfolio Value Drops by ₹84,000 Crore

20 February 2025

The Indian stock market is undergoing a significant correction, which has had a substantial impact on the portfolio of the Life Insurance Corporation of India (LIC). According to reports, the market value of LIC’s holdings has declined by ₹84,247 crore in just the past one and a half months. As of December 2024, LIC’s total …

BCL Industries Secure Additional 23,054 KL Ethanol Supply Order

BCL Industries Secure Additional 23,054 KL Ethanol Supply Order

20 February 2025

BCL Industries Limited and its subsidiary, Svaksha Distillery Limited have received 23,054 KL of extra ethanol to supply to Oil Marketing Companies (OMCs). It is made from Food Corporation of India (FCI) rice and was allocated through an OMC tender. Order Value and Distribution The total order is valued at ₹134.87 crore. BCL Industries will …

Medicamen Biotech Enters Strategic Manufacturing & Supply Agreement With US Distributor

Medicamen Biotech Enters Strategic Manufacturing & Supply Agreement With US Distributor

20 February 2025

Medicamen Biotech Limited has announced a significant partnership under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has entered into a long-term Manufacturing & Supply Agreement with a prominent pharmaceutical distributor and marketing entity operating in the United States and Europe. This strategic collaboration aims to enhance Medicamen Biotech’s global …

Mahindra Group and Anduril Industries Join Forces for Maritime Innovation

Mahindra Group and Anduril Industries Join Forces for Maritime Innovation

20 February 2025

Mahindra Group has teamed up with Anduril Industries, a US-based firm specialising in autonomous systems, to enhance maritime and aerial security. The collaboration focuses on AI-driven Autonomous Maritime Systems, Counter-Unmanned Aerial System (CUAS) technologies, and advanced Command and Control (C2) software to strengthen regional defence capabilities. Advancing Autonomous Defence Technologies The partnership will develop modular …

Waaree Energies Bags 362.5 MWp Solar Module Order

Waaree Energies Bags 362.5 MWp Solar Module Order

20 February 2025

Waaree Energies has secured an order to supply 362.5 megawatt peak (MWp) of solar photovoltaic (PV) modules to a domestic company engaged in renewable power projects. The order was announced in a regulatory filing on Wednesday, though the name of the company placing the order has not been disclosed. This is a one-time contract, and …

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