MTAR Tech remains optimistic about growth in its clean energy and aerospace verticals, anticipating significant orders in both the segments going forward.
The latest order win is poised to strengthen RITES' order book, further fueling its growth momentum. In Q2, the company’s order book grew 3.6 percent sequentially to Rs 6,581 crore.
The two orders wins have taken the cumulative order value of Welspun's US plant to over Rs 7,000 crore.
Bondada Engineering's latest order was awarded by the Bihar Renewable Energy Development Agency for the design, supply, installation, testing, and commissioning of remote monitoring systems of smart solar street light systems.
The partnership combines L&T Tech Services’ deep expertise in ER&D services with the client’s cutting-edge wireless networking solutions, the company has said
L&T shares gained about 1 percent amid a flat market, after the company announced mega order wins in the Middle East for expanding electricity grids.
ITI stock jumped 8.81 percent to the day's high of Rs 308 per share on the NSE. The uptrend in the stock was witnessed after six days of consecutive fall on the bourses.
The total deal amount has not been disclosed by the company yet.
Kalpataru Projects has secured new orders worth Rs 2,333 crore in transmission & distribution, EPC, and residential building businesses.
Each vessel would have a deadweight tonnage (DWT) of 7,500. This agreement also includes an option to build an additional four ships in the future.
L&T has won multiple 'significant' orders in its construction vertical for buildings and factories. The firm classifies Rs 1,000-2,500 crore orders as 'significant'.
Railtel Corp of India secured an order worth Rs 351.95 crore from the Municipal Corporation of Greater Mumbai and another order worth Rs 130.60 crore from the State Project Director (SPD) Bihar Education Project Council (BEPC).
The company said it has an order book of around Rs 65,000 crore, which roughly constitutes 50 percent from railway projects
The Rs 1,100-crore project will be developed by SJVN Green Energy on a build-own-and-operate basis
L&T's order book stood at Rs 4,50,700 crore in the first half of FY24, up 22 percent on year from the previous fiscal.
BEL's order book stands at Rs 26,613 crore for FY24 so far.
This project will be a part of the Wind-Solar Hybrid and STU's (State Transmission Utility) tariff-based project for increasing Renewable Energy contribution in the state of Gujarat.
Under the project, Suzlon will install 32 wind turbine generators with a hybrid lattice tubular tower and a rated capacity of 3.15 MW each.
Shares of Larsen & Toubro opened around a percent higher on September 7 following reports of the order win.
In August, Ganesha Ecopet bagged another order from an authorised bottler of Coca-Cola Company for supplying recycle resin -PET chips, which are used in food-grade packaging
The Company has invested around Rs 71 crore for making the capacity additions as per the expansion plans of the company.
The JV will invest in the project as per their capacity of holding and complete the said project within the decided timeline", RPP infra said in an exchange filing on July 17.
Shares of Larsen & Toubro Ltd gained nearly 2.5 percent on Wednesday after the company said in a notice to exchanges that it got a mega order for its hydrocarbon business.
The stock hit an intraday high of Rs 91.85 a share and rose as much as 4.2 percent in the early deals.
Bharat Electronics sees a strong recovery in September quarter, expects order inflows in the current fiscal to exceed previous year's levels