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Salsar Techno Engineering on Monday said it has bagged an order worth Rs 238.65 crore from Power Grid Corporation of India Ltd (PGCIL) for construction of power transmission line network and sub stations in Arunachal Pradesh.
Salasar Techno Engineering added 1.13% to Rs 599.50 after the company said it secured a project worth Rs 238.65 crore from Power Grid Corporation of India (PGCIL).PGCIL, vide their letter dated 22 May 2021, has awarded power projects to Salasar Techno Engineering. The orders include construction of 201 Km transmission line network and construction of 4 new power substations in the Arunachal Pradesh. The transmission line network will be of 132KV type and the substations will be of the extra high voltage capacity. The estimated cost of the work allocated to the company is Rs 238.65 crore. It i...
Read more about Broader market trades firm; banks stock climb on Business Standard. The equity barometers were trading a range with small gains in mid-afternoon trade. At 14:25 IST, the barometer index, the S&P BSE Sensex, rose 127.89 points or 0.25% at 50,668.13. The Nifty 50 index gained 31.05 points or 0.2% at 15,206.55.
Equity indices ended with small gains on Monday led by firmness in banks stocks. The Nifty closed below the 15,200 mark after trading above that level for most part of the session. The moderation in daily new COVID-19 cases in India improved risk sentiments. Barring FMCG and metal, all the sectoral indices on the NSE ended in the green. As per the provisional closing data, the barometer index, the S&P BSE Sensex, rose 111.42 points or 0.22% at 50,651.13. The Nifty 50 index gained 22.40 points or 0.15% at 15,197.70. The broader market outperformed the benchmark indices. The S&P BSE Mid-Cap ind...
Equity indices ended with small gains on Monday, supported by firmness in banks stocks. The Nifty closed below the 15,200 mark after trading above that level for most part of the session. The moderation in daily new COVID-19 cases in India improved risk sentiments. Barring FMCG and metal, all the sectoral indices on the NSE ended in the green. The barometer index, the S&P BSE Sensex, rose 111.42 points or 0.22% at 50,651.90. The Nifty 50 index gained 22.40 points or 0.15% at 15,197.70. State Bank of India (up 2.73%), Larsen & Toubro (up 1.74%) and Axis Bank (up 1.40%) supported the indices. ...