Bondada Engineering's share price surged to a 52-week high of Rs 2,320.80 in early trade on June 13 following the company's receipt of a Letter of Award (LoA) from NLC India. At 09:22 am, the stock was trading at Rs 2,320.80 on the BSE, up Rs 110.50 or 5%.NLC India awarded Bondada Engineering a work order for the balance of system (BOS) work to establish a 600MW Grid Connected Solar Power ...

Shares of Tata Power gained 1.5 percent to Rs 456 per share on June 13 after its subsidiary Tata Power Renewable Energy (TPREL) deployed over 850 charging points in key metropolitan areas.So far this year, shares of Tata Power have surged over 35 percent, outperforming a 7 percent rise in the benchmark Nifty 50 index. Earlier, Tata Power had hit a 52-week high of Rs 464 per share on May 3, 2024.Ta...

The Adani Group is exploring the acquisition of several cement companies, including Hyderabad-based Penna Cement, Gujarat-headquartered Saurashtra Cement, the cement business of Jaiprakash Associates, and Vadraj Cement, owned by ABG Shipyard.According to a report by the Economic Times, the group has earmarked $3 billion for these acquisitions. This move is part of Adani’s aggressive inorganic gr...

1. Adani Group aims at a pole position in the cement biz in the country through multiple acquisitions The Adani Group may buy several cement firms, including Hyderabad-based Penna Cement, Gujarat-headquartered Saurashtra Cement, the cement business of Jaiprakash Associates, and ABG Shipyard-owned Vadraj Cement, the Economic Times reported. It has prepared a war chest of $3 billion for these poten...

Instant grocery delivery startup Zepto will raise around $650 million from existing and new investors at a valuation of $3.5 billion, underscoring the high interest in India's booming quick commerce sector, people aware of the development told Moneycontrol.The existing investors include StepStone Group, Nexus Venture Partners, and Glade Brook Capital, while the new investors would be Avenir Growth...