Power Mech Projects said that it has received an order worth Rs 226.66 crore from Gujaraj Mineral Development Corporation, a Government of Gujarat Enterprise, for providing comprehensive operation and maintenance (O&M) services.
Posts in category Business Standard
Indogulf files IPO with Sebi, aims to raise Rs 200 cr via fresh issue (26-09-2024)
Indogulf Cropsciences Ltd, a manufacturer of crop protection products, plant nutrients, and biologicals, has filed preliminary papers with capital markets regulator Sebi to raise funds through an Initial Public Offering (IPO).
The Delhi-based company’s IPO is a mix of fresh issues of up to Rs 200 crore and an Offer For Sale (OFS) of up to 38.55 lakh equity shares by selling shareholders. The offer also includes reservations for eligible employees, according to the Draft Red Herring Prospectus (DRHP).
The OFS comprises the sale of 15.41 lakh equity shares by Om Prakash Aggarwal (HUF) and 23.14 lakh equity shares by Sanjay Aggarwal (HUF).
Proceeds from the fresh issue to the extent of Rs 100 crore will be used for funding working capital requirements of the company; Rs 40 crore for payment of debt, Rs 14 crore for setting up an in-house dry flowable plant at Barwasni Sonipat, Haryana; and a portion will be used for general corporate purposes, as per the draft papers filed on …
Consumer Durables stocks slide (26-09-2024)
Consumer Durables stocks were trading with losses, with the BSE Consumer Durables index decreasing 1131.24 points or 1.66% at 66984.53 at 13:43 IST.
Capital Goods shares slide (26-09-2024)
Capital Goods stocks were trading with losses, with the BSE Capital Goods index falling 783.04 points or 1.06% at 73283.16 at 13:43 IST.
Power shares fall (26-09-2024)
Power stocks were trading in the negative zone, with the BSE Power index falling 89.35 points or 1.02% at 8678.63 at 13:43 IST.
Krsnaa Diagnostics climbs 4% on buying stake in Apulki Healthcare (26-09-2024)
The northward movement in the company’s stock follows the announcement of a strategic investment in Apulki Healthcare (Apulki)
Indices trade with decent gains; European mkt opens higher (26-09-2024)
At 13:30 IST, the barometer index, the S&P BSE Sensex gained 351.58 points or 0.41% to 85,524.60. The Nifty 50 index added 105.70 points or 0.41% to 26,094.10
Angel One allots 16,081 equity shares under ESOP (26-09-2024)
Consequent to the said allotment, the issued, subscribed, and paid-up capital of the Company stands at Rs. 901,509,940 comprising of 90,150,994 equity shares of face value of Rs. 10 each.
Board of Linc approves JV with Mitsubishi Pencil Company (26-09-2024)
At its meeting held on 26 September 2024
Stock of this Z group company has zoomed over 3,300% so far in 2024 (26-09-2024)
Marsons’ shares hit a new high of Rs 267.55 in intra-day trade today, after having skyrocketed 3,352%, or nearly 35 times, from level of Rs 7.75 on December 29, 2023.