Buzzing stocks

L&T cross Rs 4 lakh crore m-cap; analysts see more upside post $4 bn Saudi Aramco’s order win

Engineering group Larsen & Toubro’s market capitalization hit 9 after its share price rose after it won a contract for Saudi Aramco’s Jafra unconventional gas development project, which is believed to be worth nearly $4 billion. It surpassed 4 million rupees on the 7th of the month. Other companies with a market capitalization over INR …

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Tata Steel gains after subsidiary signs MoU for green hydrogen plant in Odisha

Tata Steel Limited rose more than 1 per cent in the morning of 8 September after the company signed a contract with AVAADA Group for a green hydrogen and ammonia production facility in Orissa. AVAADA said it had signed a memorandum of understanding (MoU) with Tata Steel Special Economic Zone Limited (TSSEZL), but did not …

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L&T gains on reports of likely Rs 24,000-crore order from Saudi Aramco

Shares of Larsen & Toubro opened about 1% higher on September 7 after reports that the Indian infrastructure company is likely to win $2.9 billion worth of orders ( approximately Rs 24,000 crore) from Saudi Aramco’s unique onshore gas development project Jafurah. Saudi Aramco has planned the $110 billion Jafurah gas project in the Eastern …

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Bajaj Finance’s acquire and cross-sell strategy to be key growth driver in FY24, says Motilal Oswal

Motilal Oswal Financial Services reiterated its optimistic outlook for Bajaj Finance, citing the lender’s ambition to become a financial services provider that is “pervasive” across multiple consumer touchpoints. use. Bajaj Finance aims to assert its dominance across physical, app-based, web, social and virtual channels. The core of Bajaj Finance’s omni-channel strategy lies in providing a …

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NBCC shares hit 52-week high after Rs 2,000-cr order win for Kerala housing project

NBCC shares jumped more than 6% to hit a 52-week high of Rs 63.65 in the opening session of September 6, after the company announced it had won an order worth Rs 2,000 crores from the Commission. Housing in the State of Kerala. NBCC has signed a Memorandum of Understanding with the Kerala State Housing …

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Nila Infrastructures locked at 20% upper circuit on order to construct residential units

Nila Infrastructure’s share price was stuck at 20% in early trading September 6 after the company received an order from Shree Infracon Private Limited to build residential properties. As of 09:23, Nila Infrastructure is trading at Rs 6.70, up Rs 1.11 on BSE and has a buy order of 325,009 pending shares with no sellers. …

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Tata Power shares hit 52-week high as renewable arm signs more power supply pacts

Tata Power’s share price jumped nearly 1% to hit a 52-week high of Rs 262.50 in its first trading session on September 5, when the company announced that its Renewable Energy affiliate signed Power Supply Agreement (PDA) with Neosym Industry. Tata Power Renewable Energy Limited (TPREL) will power Neosym Industry – a Gray & SG …

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