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RVNL Declared Lowest Bidder for South Eastern Railway Project

RVNL Declared Lowest Bidder for South Eastern Railway Project

21 June 2024

On June 21, 2024, Rail Vikas Nigam Limited announced that the South Eastern Railway’s Electrical Headquarters identified it as the Lowest Bidder (L1). The project involves the design, supply, erection, testing, and commissioning of a 132 KV Traction Substation, Sectioning posts (SPs), and Sub-sectioning posts (SSPs) in a 2x25KV System on the Rajkhaswan-Nayagarh-Bolani section of …

Garden Reach Shipbuilders: Secures $54 Million Order for Four Multi-Purpose Vessels

Garden Reach Shipbuilders: Secures $54 Million Order for Four Multi-Purpose Vessels

24 June 2024

Garden Reach Shipbuilders & Engineers Ltd (GRSE), a prominent Indian shipbuilding company, has successfully secured a substantial contract worth $54 million (around Rs.448 crore) which involves the construction and delivery of four multi-purpose vessels for a German client.  Details of the Contract The contract, signed with M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co., …

Maharashtra Scooters Zooms 7%: Will It Touch the Rs 10,000 Mark

Maharashtra Scooters Zooms 7%: Will It Touch the Rs 10,000 Mark

24 June 2024

Maharashtra Scooters Ltd (MSL) continues to operate as a Core Investment Company (CIC), which does not require registration with the RBI. As a CIC, a minimum of 90% of its assets are invested in the Bajaj group. The remaining balance, representing accumulated surpluses, is invested in debt and other instruments with the sole objective of …

TVS Motor Signed Agreement With CSC Grameen eStores for Commercial Vehicle Range

TVS Motor Signed Agreement With CSC Grameen eStores for Commercial Vehicle Range

24 June 2024

TVS Motor Company Ltd. (TVSM) is engaged in manufacturing two-wheelers and their accessories, It currently manufactures a wide range of two-wheelers and three-wheelers. TVSM is one of the leading players in the two-wheeler industry and is the only company to have a presence in all three categories, i.e., motorcycles, scooters, and mopeds, catering to both …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

21 June 2024

During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Barak Valley Cements Ltd Barak Valley Cements Ltd saw a significant price movement today, reaching a high of Rs 65.15, with a traded volume of 2.54 lakhs. The stock is currently trading at …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 24

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 24

21 June 2024

On Friday, the market failed to maintain its opening gains, with profit booking seen at record levels. The Sensex declined by 0.35%, closing at 77,209.90, while the Nifty fell by 0.47%, ending at 23,501.10. Within the sectoral landscape, Nifty Media, Nifty IT, and Nifty Metal were among the top gainers, while Nifty FMCG, Nifty PSU …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

21 June 2024

The benchmark index S&P BSE 500 opened today at 35,369.15 and made its day high at 35,380.28, and it is trading flat today, down by around 0.07%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Cera Sanitaryware Ltd Shares of …

Market Still Expects More Upside From Bikaji Foods

Market Still Expects More Upside From Bikaji Foods

21 June 2024

Bikaji Foods has been making waves in the stock market, with its share price recently jumping by 4% to reach a new 52-week high and surging around 36% in a month. This rise is largely attributed to positive evaluations from several brokerage houses, which have assigned a “buy” rating to the stock, the bullish sentiment …

Time Technoplast Gets Approval to Make Type 4 Composite Cylinders, Stock Jumps 15%

Time Technoplast Gets Approval to Make Type 4 Composite Cylinders, Stock Jumps 15%

21 June 2024

Time Technoplast received the final approval from the Petroleum and Explosives Safety Organization(PESO) for the manufacturing and supply of high-pressure type IV composite cylinders for Hydrogen. Time Technoplast is the first company in India to receive the final approval for the manufacturing and supply of Type-IV Composite Cylinders for Hydrogen. In March, the company secured …

RailTel Shares Jumps 13% After Getting New Order From South Central Railway

RailTel Shares Jumps 13% After Getting New Order From South Central Railway

21 June 2024

RailTel was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia networks, to modernize the train control operation and safety system of Indian Railways. It is a “Miniratna” PSE of the Government of India. At present, RailTel’s network passes through around 6,000 stations across the country, covering all …

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