Tembo Global Industries Limited Announces Major Order for Water Irrigation Project Tembo Global Industries Limited, listed with the stock symbol TEMBO and ISIN INE869Y01010, has secured a significant order for a domestic water irrigation project. Key Highlights: Order Value: INR ₹529,016,880 (~₹52.9 Crore). Details: Supply of Ductile Iron (DI) pipes for a water irrigation initiative…
Why Did the Market Rally Today? Key Factors Explained The stock market saw a strong rally today, with the Nifty surging by nearly 240 points. Here’s a breakdown of the key reasons behind the market movement: Morning Trends: The market opened with a gap-up start, showing initial optimism. However, it experienced a slight slide before…
HSCC (India) Limited Secures Two Major Work Orders in Maharashtra HSCC (India) Limited, a wholly owned subsidiary of NBCC (India) Limited, has received two significant work orders from the National Health Mission, Maharashtra, amounting to a total of approximately Rs. 599.35 crore. Details of Work Orders: Hinduhridaysamrat Balasaheb Thackery Aapla Dawakhana: Scope: Establishment and operations…
Lemon Tree Hotels Limited Secures Orchid Hotel Redevelopment Project in Shillong Lemon Tree Hotels Limited (LTHL) has been awarded a significant redevelopment project for the Orchid Hotel in Shillong, Meghalaya, by the Government of Meghalaya’s Directorate of Tourism. Award Details: LTHL received the Letter of Award (LoA) for the redevelopment, operation, and maintenance of the…
Tantia Constructions Secures Passenger Ropeway Contract in Shillong Tantia Constructions Limited (TCL), in a consortium with a third party, has been awarded a significant contract by the Directorate of Tourism, Shillong, Meghalaya. The total contract value is Rs. 151 Crores, with TCL holding a 60% share in the consortium. The project involves the design, supply,…
Kirloskar Pneumatic Acquires Majority Stake in Systems and Components (India) Pvt. Ltd. Kirloskar Pneumatic Company Limited (KPCL) has successfully acquired 55.26% equity shares of Systems and Components (India) Private Limited (S&C) on December 4, 2024. Following this acquisition, S&C is now a subsidiary of KPCL. The acquisition was executed under the Share Purchase and Shareholders’…
Nureca Limited Acquires Equity Shares of IndusInd Bank Limited Nureca Limited, a publicly traded company on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), has acquired 15,000 equity shares of IndusInd Bank Limited for a total consideration of Rs. 1.50 crore. This acquisition was executed through the open market and…