Indian Share/Stock Market Latest News Today 1 and 2 September 2024
In this blog, we will cover all the important today’s Indian Share/Stock Market Latest News from the eyes of a long term investor. Here we will cover all the Indian Share/Stock Market Latest News regarding Order update, Latest Order Book, Fund Raise (QIP, Preferential etc.), Split, Bonus, Buyback etc. This blog will cover latest news regarding Indian share market. Here we will discuss Top Indian Stocks/Shares which are in Focus/News Today.
Every current or potential long term investor of Indian companies should follow this page and be updated regarding their portfolio stock company’s latest Order Update, Order Book, Fund Raise (QIP, Preferential), Split, Bonus, Buyback. This blog will give you glimpse of which are the top Indian stocks/shares are in focus/news for Today.
Indian Share/Stock Market Latest News Today Regarding New Orders Update-
- The Indian Hume Pipe Company Limited has received Letter of Intent with order value of Rs. 858.88 Crores from Tapi Irrigation Development Corporation Jalgaon.
- GPT Infraprojects Limited has been declared L1 (First Lowest) in order valued at Rs. 204 Crores from South Eastern Railway Kolkata.
- RITES is the lowest bidder (L-1) in the tender floated by Tanzania Railways Corporation for Supply, testing and commissioning of 4 Diesel Multiple units for MGR worth of USD 2,67,40,000.
- Akanksha Power and Infrastructure Limited has informed that purchase orders received from of Ashoka Buildcon Limited for Supply of Power Quality Solution worth of Rs. 23,66,12,285.00.
- Mahindra EPC Irrigation Limited has received orders from Office of the Asst. Engineer for Supply of Micro Irrigation Systems for 2880 Ha. Approx. worth of Approx. Rs. 14.36 Crores.
- DEE Development Engineers Limited has received orders from CB&I India Private Limited for Job Work of Piping Spool fabrication worth of Approx. Rs. 9,11,08,666/-.
- Ganesh Green Bharat Limited has received orders from Mumbai Central Division- Electrical, Western Railway for 1 MWp solar power supply system worth of Approx. Rs. 5 crores.
Indian Share/Stock Market Latest News Today Regarding Corporate Action-
- Board of Directors of NBCC Ltd. has recommended the issuance of Bonus Shares to the Shareholders of the Company in the ratio of 1:2 and has fixed Monday, October 07, 2024 as Record date.
- Axita Cotton Limited has fixed the Record Date to 16 September for 1:3 Bonus Issue.
- Board of Directors of J. Taparia Projects has approved stock split (sub-division of equity shares) of Company’s 1 (One) equity share of face value of ₹ 10/- each into 10 (Ten) equity shares of face value of ₹ 1/- each.
Indian Share/Stock Market Latest News Today Regarding Fund Raise, Acquisition and Capex-
- Bondada Engineering Limited has inaugurated “Bondada Industrial Park-II” at Ankireddipally, Hyderabad.
- Board of Directors of Sadbhav Engineering Limited has approved fund raising plan for an aggregate amount up to Rs. 750 Crores subject to approval of shareholders and regulatory authority.
- Euro Panel Products Limited Commences Commercial Production with Newly Installed Colour Coating Line as Part of Backward Integration Strategy.
- We (Hi-Green Carbon Limited) are pleased to inform you that the installation and erection of our second Plant of 100 Tonne per Day Capacity at Village: Dondaicha, Dist: Dhule, Maharashtra is completed last week. A trial run of the same has been started.
- Board of Directors of Uday Jewellery Industries Limited have considered and approved the Issuance of upto 22,50,000 warrants at a fix price of ₹154/- to raise about Rs upto ₹34,65,00,000/-
- Board of Directors of Gowra Leasing & Finance Limited have considered and approved the Issuance of upto 24,54,150 Equity Shares on Preferential basis at a fix price of ₹48/- to raise about Rs upto ₹11,77,99,200/-.
- Board of Directors of Quasar India Limited have considered and approved fund raising by way of an issuance of equity shares of face value of Rs.10/- each, of the company to its eligible equity shareholders on a rights basis (“Rights issue”) for a value not exceeding Rs.49,00,00,000/-.
Indian Share/Stock Market Latest News Today-
- ESAF Small Finance Bank Limited (the “Bank”) today, i.e., on August 31, 2024, entered into an agreement with Oracle Financial Services Software Limited (“OFSS”) for procurement of the new Core Banking Solution (CBS) for the Bank.
- MOIL Limited updated to Stock Exchanges regarding fixation of price of different grades of Manganese Ore and Electrolytic Manganese Dioxide for 2nd Quarter 2024-25 (Jul-Sep 2024) effective from 01.09.2024. Prices of maximum products has been decreased by 15% or more.
- Enser Communications Limited announces strategic expansion into Digital Marketing, Data Centres and Cyber Security.
- Emami Ltd. agrees to acquire 100% stake in ‘The Man Company’ a men’s grooming brand by Helios Lifestyle Pvt. Ltd. by acquiring the balance 49.60% stake. Helios is already a subsidiary of Emami Ltd, where Emami currently holds 50.40% stake.
- In August 2024, Maruti Suzuki India Limited sold a total of 181,782 units. Total sales in the month include domestic sales of 145,570 units, sales to other OEM of 10,209 units and exports of 26,003 units.
- Tata Motors registered total sales of 71,693 units in August 2024.
• Total CV Sales of 27,207 units, -15% YoY.
• Total PV Sales of 44,486 units, -3% YoY. - Hero Motocorp sells 5.12 lakh units of motorcycles and scooters in august 2024. Ev, global business and 125cc segments continue Upward trend.
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Disclaimer-
All these information regarding Latest Order Update, Order Book, Fund Raise (QIP, Preferential), Split, Bonus, Buyback News are directly derived from the updates provided by the companies to the India Stock Exchanges ie NSE and BSE. we are sharing these information for the ease of fundamental research of your portfolio stock companies. We (www.finofreedom.com) are not recommending to buy or sell of any of these company’s Shares/Stocks.
If you want to invest any of the above discussed company’s shares/stocks based on shared information then please consult your financial advisor before taking any decision. We (www.finofreedom.com) will not be responsible for any of your investment outcome either profit or loss in case you take any decision based on these information.
