Infra Engineering has received purchase order from NTPC for the project mentioned below-
Transportation of 26.41 lakh Cu. M. of Pond Ash from NTPC Ramagundam to NHAI - PIU - Mancherial road construction project (design length 42km).
The company bid price is Rs 94.95 crore against estimated project cost of Rs 122.38 crore.
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Bharat Forge announced that the company intends to undertake Electric Vehicle (EV) business initiatives including further opportunities (organic as well as inorganic) through a Special Purpose Vehicle (SPV) which would be a wholly owned subsidiary of the Company.
As an initial step, to form a wholly owned subsidiary, the Company decided to acquire a newly formed Company within Kalyani Group named Kalyani Powertrain (KPPL).
In this regard, on 16 March 2021, the Investment Committee - Strategic Business of the Company has approved to acquire 100% stake in KPPL which shall act as the SPV to carry on the EV business.
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KPIT Technologies Ltd clocked volume of 46.84 lakh shares by 10:48 IST on BSE, a 44.23 times surge over two-week average daily volume of 1.06 lakh shares
Torrent Pharmaceuticals Ltd, Supreme Industries Ltd, India Tourism Development Corporation Ltd, Suprajit Engineering Ltd are among the other stocks to see a surge in volumes on BSE today, 10 March 2021.
KPIT Technologies Ltd clocked volume of 46.84 lakh shares by 10:48 IST on BSE, a 44.23 times surge over two-week average daily volume of 1.06 lakh shares. The stock lost 0.62% to Rs.159.75. Volumes stood at 3.27 lakh shares in the last session.
Torrent Pharmaceuticals Ltd registered volume of 67701 shares by 10:48 IST on BSE, a 6.3 fold spurt over two-week average daily volume of 10739 shares. The stock slipped 0.56% to Rs.2,429.45. Volumes stood at 5601 shares in the last session.