Stock Insights : RailTel Ltd, Ahluwalia Contracts, AstraZeneca Pharma Ltd, Oriana Power Ltd, Tata Steel Ltd - ARETE Securities Ltd
Market Updates
The markets are expected to open marginally higher today as trends in GIFT NIFTY indicate a positive start for the broader index after NIFTY closed 67 points lower at 25,082 on Monday.
Ahluwalia Contracts
The company secured Rs.2,089 crore civil & structural order from DLF for "The Dahlias" residential project in Gurugram to be executed in 44 months.
AstraZeneca Pharma
The company received CDSCO approval to import and market Imfinzi for treating muscle invasive bladder cancer with neoadjuvant-adjuvant regimen.
Deepak Fertilisers
The company signed a Rs.1,200 crore five-year contract with Petronet LNG to regasify ~25 TBTUs LNG annually, primarily at Dahej terminal.
Oriana Power
The company received Rs.212.31 crore LOA from KPTCL for a 15-month 50 MW/100 MWh BESS project at Shahapur Taluk, Karnataka under BOO model.
Power Mech Projects
The company received Rs.498.39 crore order from SJVN Thermal and Rs.52.96 crore order from Jhabua Power for O&M services.
RailTel
The company secured a Rs 264 crore order from East Central Railway for implementing the Kavach Train Collision Avoidance System.
Rail Vikas Nigam
The company received Rs.447.42 crore LOA from Delhi Metro for 36-month design & construction of 7.3 km viaduct and 7 station platforms.
Shakti Pumps
The company invested Rs.12 crore in wholly owned unit Shakti Energy Solutions to set up a 2.2 GW solar cell and module plant in Madhya Pradesh.
Sun Pharmaceutical
The company launched LEQSELVI (deuruxolitinib) in the US for treating severe alopecia areata, expanding its dermatology portfolio presence.
Tata Steel
The company began construction of £1.25 billion EAF in Port Talbot, UK, backed by £500 million UK govt support, targeting 90% CO? cut.
Yatharth Hospitals
The company inaugurated a 300-bed super-speciality hospital in Model Town, Delhi, built on ~2 acres with 70 critical care beds.
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