The ₹780 Crore Order: A Catalyst for Growth The recent order of ₹780 crore is likely to provide a significant boost to H.G. Infra Engineering’s business. Such large-scale projects can: Increase Revenue: The order will directly contribute to the company’s top line. Enhance Market Position: Securing such projects can strengthen […]
India
The news of M&M partnering with Sentrycs to develop and provide anti-drone solutions is positive for the company’s stock price. Increased revenue: The growing demand for anti-drone solutions, particularly in sectors like defense and critical infrastructure, presents a significant opportunity for M&M to expand its revenue streams. Enhanced technological capabilities: […]
The Indian Renewable Energy Development Agency (IREDA), a green financing non-banking financial company (NBFC), is considering raising up to Rs 4,500 crore through a Qualified Institutional Placement (QIP), right issue or other means. The company informed exchanges about this on August 21. A board meeting will be held on Thursday, […]
Ola Electric Mobility’s shares have indeed seen impressive gains, with the stock reaching Rs 109.44, marking a 44% increase from its IPO issue price of Rs 76 . The IPO, held from August 2 to August 6, was highly successful, being oversubscribed 4.27 times and raising Rs 6,145.56 crore. Impressive […]
Morepen Laboratories Ltd, a pharmaceutical company, has initiated a Qualified Institutional Placement (QIP) to raise a substantial amount of Rs 250 crore. The company has also included a greenshoe option to potentially increase the issue size by an additional Rs 115 crore. Key Details of the QIP: Issue Size: Rs […]
MCA to Strike Off Chinese Companies: The Ministry of Corporate Affairs (MCA) in India is set to remove around 400 Chinese companies from the register in the next three months. Reasons for Strike-Off: These companies are being targeted due to incorporation and financial frauds. Loan Apps and Online Job Companies […]