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Jupiter Wagons Ltd. and BEML Ltd. secured orders worth Rs 802 crore from the Defence Ministry on Thursday. The railway freight producer won a contract for manufacturing 697 Bogie Open Military Wagons for Rs 473 crore, and BEML secured orders for 56 mechanical minefield marking equipment mark II for Rs 329 crore, the defence ministry said in a statement.
The Nifty index opened flat and then fell. It recovered to close with a negligible loss.
The Directorate General of Trade Remedies (DGTR) made this recommendation based on an application filed by JCB India Limited which was supported by BEML Ltd and Eimco Elecon (India) Ltd. The proposed duty excludes battery-operated wheel loaders. Wheel loaders are construction equipment, used for varied applications such as loading, shifting, heaping, and dozing bulk or discrete materials, using buckets or other attachments.
Abu Dhabi Investment Authority (ADIA), one of the largest sovereign wealth funds in the world with assets under management of $853 billion, has added at ......
On August 2, Wednesday, data sourced from StockEdge revealed that over 54 stocks were trading in an overbought zone. ETMarkets has identified 10 stocks from this group that investors should keep a close eye on for potential trend reversals.