Introduction: A Major Win for BEL Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking under the Ministry of Defence, has achieved a significant milestone by securing orders worth Rs. 1,155 crores. This achievement strengthens BEL’s position as a leader in India’s defence manufacturing sector and reflects its commitment to enhancing the country’s self-reliance …
Share Market - Angel One - Page 26


BCPL Railway Secures ₹710 Million Project for Electrification Upgrade in Kharagpur Division
11 September 2024On September 11, 2024, BCPL Railway Infrastructure Limited announced that it had secured a new project for upgrading the electric traction system in the Kharagpur-Bhadrak section of the Kharagpur Division under the South Eastern Railway. The project is being carried out for Rail Vikas Nigam Limited. The contract involves the design, supply, erection, testing, and …

Emcure Pharmaceuticals Hits Record High: What’s Driving the Surge?
11 September 2024Company Overview: A Legacy of Excellence Founded in April 1981, Emcure Pharmaceuticals began as a private limited company with a strong focus on manufacturing and marketing pharmaceutical formulations. Today, formulations contribute to approximately 90% of the company’s revenue, supplemented by APIs and Contract Research and Manufacturing Services (CRAMS). Emcure’s diverse portfolio covers a wide array …

Genus Power Infra established two subsidiaries
11 September 2024The $400 million US Kailash Group includes Genus Power Infrastructures Limited, an ISO 9001 & 14001 certified business, as a key component. Genus provides the power industry with highly inventive and sustainable solutions through several business divisions. In addition to offering a wide range of electricity meters and solutions to utilities, Genus Metering Solution Division …

Vodafone Idea: Kumar Mangalam Birla Buys Rs 24.89 Crore Shares
11 September 2024It was created in August 2018 through the union of Idea Cellular and Vodafone India. Vi, which serves more than 300 million users, is presently India’s third-largest mobile network operator. The company provides both individual consumers and businesses with a wide range of services, including voice, data, and digital services. In the telecom sector, Vi …

TATA Motors: CCI Approves Merger Of Tata Motors Finance, Tata Capital
11 September 2024As a member of the Tata Group, Tata Motors Limited is a multinational automotive company based in India with its headquarters in Mumbai. The company manufactures buses, vans, trucks, and cars. Tata Daewoo in South Korea and Jaguar Land Rover in Britain are examples of subsidiaries. CCI approves of TMFL and TCL’s merger: The Competition …

250 KW Solar Boost: BigBloc Construction Expands its Green Energy Capacity
23 September 2024BigBloc Construction Expands Solar Energy Commitment In a move toward greater environmental responsibility, BigBloc Construction Ltd., a leading manufacturer in the AAC Block space, has announced plans to expand its solar power capacity. The company is adding a 250 KW rooftop solar plant to its Umargaon unit, increasing the plant’s total installed capacity to over …

Samvardhana Motherson Surges to All-Time High After Successful Rs 6,438 Crore QIP
23 September 2024Samvardhana Motherson Hits New Heights with Successful QIP Samvardhana Motherson International Limited (SAMIL) has made headlines with its stock reaching an all-time high, rising by over 1.5%. The stock’s surge follows the successful completion of a Qualified Institutional Placement (QIP), where the company raised INR 6,438 crore. This has not only strengthened investor confidence but …

Tata Steel Unveils India’s Largest Blast Furnace at Kalinganagar
23 September 2024Tata Steel Limited has successfully commissioned India’s largest blast furnace at its Kalinganagar facility in Odisha. This project, part of a Phase II expansion involving an investment of ₹27,000 crore, will increase the site’s capacity from 3 million tonnes per annum (MTPA) to 8 MTPA. The inauguration was led by T. V. Narendran, CEO and …

Bharat Forge and Subsidiaries to Acquire Stakes in Sunsure Energy SPVs
23 September 2024Bharat Forge Limited has announced a strategic partnership with its subsidiaries, J S Auto Cast Foundry India Private Limited (a wholly-owned step-down subsidiary) and Kalyani Centre for Precision Technology Limited (a wholly-owned subsidiary), through share subscription and shareholders agreements (SSSHA) with special purpose vehicles (SPVs) of Sunsure Energy Private Limited. This collaboration aims to secure …