L&T GeoStructure, a wholly owned subsidiary of Larsen & Toubro, has secured significant new orders across India. The biggest project involves constructing a South Breakwater Extension, Groynes, and a Breakwater Toe Protection Wall at Paradip Port, Odisha, for the Paradip Port Authority (PPA). This project entails extending the existing breakwater by 500 meters, building 10 …
On March 28, 2024, Adani Enterprises Limited stated in an exchange filing that its subsidiary Kutch Copper had commissioned the first unit of its greenfield copper refinery project at Mundra by dispatching the maiden batch of cathodes to customers. This indicates the debut of Adani in the metal industry. The successful progress of the greenfield …
Mahindra Lifespaces, a leading Indian real estate developer, has announced another strategic move in Bengaluru’s booming Whitefield area. Following their 9.4-acre land acquisition earlier this year, they have secured an additional ~2.0-acre land parcel, further solidifying their presence in this sought-after location. The land is estimated to have a developable potential of approximately 0.2 million …
Bharat Heavy Electricals Limited (BHEL) witnessed a 4.3% surge in its share price in early trade on March 28 following a significant Rs 4,000-crore order from Adani Power. This order marks a strategic move for BHEL, further solidifying its position in the power sector. The Adani Power Order BHEL secured a crucial order from Adani …
Nifty 50 Thursday witnessed one of the most dramatic price movements as the Nifty opened the session with a substantial gap up of 157.45 points, only to sharply decline by over 300 points from its intraday high. However, it showed resilience by recovering more than 250 points within the same day. These rapid fluctuations, occurring …
Today, domestic indices continued their robust rally, spearheaded by the Bajaj twins and marked by substantial gains in the utilities, power, capital goods, and financial services sectors. This optimism was echoed in the broader markets as well. At 10:05 am, the BSE Sensex soared 0.82% reaching a level of 73,597. The Nifty 50 index climbed …
On Thursday, the benchmark indices were trading in the green with the Sensex up around 545 points or 0.75% at 73,543, while the Nifty-50 up around 166 points or 0.75% at 22,290. About 2,342 shares have advanced; 1,091 declined; and 131 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index: …
About New Plant Adani Green Energy Limited (AGEL), a frontrunner in India’s renewable energy sector, has inaugurated a new 180 MW solar power plant in Devikot, Jaisalmer, Rajasthan. This significant addition to AGEL’s portfolio strengthens its position as India’s largest renewable energy company. The plant boasts a long-term power purchase agreement (PPA) with the Solar …
In the tumultuous world of stock markets, where uncertainty often reigns supreme, making the right investment calls requires a blend of foresight, courage, and a contrarian mindset. Rajiv Jain, the chairman and CIO of GQG Partners, exemplified these qualities when his firm made a bold bet on Adani Group stocks, just as the conglomerate faced …
Today, domestic indices surged significantly, buoyed by robust gains in the auto, oil & gas, energy, and power sectors. However, BSE Metals and BSE Healthcare were the only sectoral indices that registered losses. At 10:20 am, the BSE Sensex climbed 0.70% reaching a level of 72,978. The Nifty 50 index gained 0.66% to the 22,150 …
