Indian Share/Stock Market Latest News Today 10 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-
- Suzlon Energy Limited (share latest news today) has got a Letter of Award from NTPC Green Energy Limited, the Renewables Arm of NTPC, for Supply of 370 wind turbine generators (WTGs) of S144 equipped with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW, with cumulative capacity of 1166 MW (India’s Largest Wind Energy Order of 1,166 MW). This win takes Suzlon’s largest‐ever cumulative order book close to 5 GW as of 03rd September 2024.
- Ahluwalia Contracts (India) Limited (share latest news today) has got a Letter of Award from Signatureglobal Business Park Private Limited, for “Civil Structure, Part MEP and finishing works for all towers, basements and all other ancillary buildings” at Project De-luxe DXP, Gurugram, worth of Rs. 1144 Crores (Plus GST), which is scheduled to be completed in next 48 Months.
- Ahluwalia Contracts (India) Limited (share latest news today) has got a Letter of Award from Signatureglobal Homes Private Limited, for “Civil Structure, Part MEP and finishing works for all towers, basements and all other ancillary buildings” at Iconic Tower, Gurugram, worth of Rs. 163 Crores (Plus GST), which is scheduled to be completed in next 48 Months.
- H.G. Infra Engineering Limited (share latest news today) has got a Letter of Award from Ministry of Road Transport & Highways (MoRTH), for Up-gradation of existing 6 lane road including elevated corridor as per site requirements from km 0/00 to km 10/170 of NH 47 (Narol Junction to Sarkhej Junction) in the State of Gujarat on Hybrid Annuity Mode, worth of Rs. 781.11 Crores, which is scheduled to be completed in next 2.5 Years.
- Oriana Power Limited (share latest news today) has received an order from Dalmia Cement (Bharat) Limited to develop the 128 MW open access captive solar power project, worth of approx. Rs. 520 Crores, which is scheduled to be completed within 12 months. This project will develop by TrueRe Surya Private Limited (the subsidiary company).
- Action Construction Equipment Limited (share latest news today) has has been awarded with a prestigious order from the Ministry of Defence (MoD) for the supply of 99 forklifts.
- Time Technoplast Limited (share latest news today) has received a Purchase Order from a reputed Government owned OMC, for supply of Type IV CNG/CBG Mobile Storage Cascades, worth of Rs. 67.21 Crores (Approx.), which is scheduled to be completed Within 10 weeks from the date of Purchase Order/Call off.
- Slone Infosystems Limited (share latest news today) has received a Purchase Order from JBA Infosolutions Private Limited, Mumbai, for Sale Basis, worth of Rs. 3.96 Crores plus GST, which is scheduled to be completed immediately.
- V R Infraspace Limited (share latest news today) has received two Sub-Contract Work Orders from Integrity Infrabuild Developers Limited, for Construction of Box Culvert, cumulative worth of Rs. 2,77,76,537/-, scheduled to be completed within 40 Days from the date of work order.
Indian Share/Stock Market Latest News Today Regarding Fund Raise, Acquisition-
- Sona BLW Precision Forgings Limited (share latest news today) has raised RS. 2365 Crores via QIP and issued 3,47,82,608 fully paid-up Equity Shares of the Company at a price of ₹ 680 per Equity Share which takes into account 1.29% to the floor price of ₹ 9.01 per Equity Share.
- Tilak Ventures Limited will raise an amount not exceeding Rs. 49,02,66,486.60/- through its ongoing Rights Issue via issuance of Equity Shares face value of Rs. 1.00/- each share to be issued at a price of Rs 2.20/- with Right Entitlement Ratio: 1 (One) Rights Equity Share(s) for every 1 (One) fully paid-up Equity Share(s) held by the eligible shareholders as on the record date ie 13th September 2024. Rights Issue will open on Thursday, October 03, 2024 and close on Friday, October 11, 2024.
Indian Share/Stock Market Latest News Today-
- JSW Infrastructure Limited, a part of the JSW Group and India’s second-largest private commercial port operator, today approved a capex of ₹2,359 Crore for the capacity expansion at its Jaigarh (expansion by 21 MTPA) and Dharamtar Port (expansion by 15 MTPA). Company’s FY2030 growth plan is to increase capacity from the existing capacity of 170 MTPA to 400 Million Tonnes Per Annum (MTPA).
- Dixon’s Wholly Owned Subsidiary-Padget Electronics enters into an MOU to manufacture notebooks, desktops and All-in-one PCs for HP.
- Awfis Space Solutions Limited (Awfis), India’s leading flexible workspace solutions company announced that it has entered into a Business Transfer Agreement with SMS Integrated Facility Services Private Limited (“SMS”), for the divestiture of its Facility Management division– Awfis Care for a sale consideration of Rs. 27.5 Crores. Maple Capital Advisors was the sole advisor to Awfis for this transaction which is expected to be completed within 120 days.
- RBM Infracon‘s Order Book Surges to Rs. 4884+ crores with Massive Rs. 3498 crore order from ONGC.
- Adani Green Energy Ltd (AGEL) redeems its USD 750 million 4.375% Holdco Notes due 8 September 2024 (“Holdco Notes”) through a fully funded redemption reserve account maintained since January 2024 through cash rather than refinancing.
- Life Insurance Corporation of India has increased its shareholding in equity shares of Container Corporation of India Ltd. from 5.773% to 7.781% of the paid-up capital of the said Company.
- Star Housing Finance Limited crosses Rs. 500 crs AUM milestone Remains focused to maintain growth backed by quality.
- Bandhan Bank today announced that it has launched the facility to collect Goods and Services Tax (GST), through the online and offline modesfrom its customers as well as noncustomers.
- Greaves Electric Mobility Private Limited (GEMPL), the E-mobility business of Greaves Cotton Limited, announces that the Ministry of Heavy Industries (MHI) has approved the registration of its two-wheeler models—Nexus, Primus, Magnus, and Zeal—under the EMPS Scheme, making the company eligible for the Government of India’s EV demand incentive scheme.
- Board of Directors of the James Warren Tea Limited has considered and accorded its in-principle approval for sale of Rajah Alli Tea Estate, i.e. one of the Tea Estate of the Company.
- AU Small Finance Bank Limited (“the Bank”) has entered into corporate agency agreement with Kotak Mahindra Life Insurance Company Limited for providing Life Insurance solution to Bank’s customers.
- Mahindra Last Mile Mobility Limited (Mahindra & Mahindra Limited), India’s No.1 electric CV manufacturer, to launch game-changing electric Four-Wheeler ‘e-ZEO’.
- Tilaknagar Industries Ltd updated to exchanges that about follow-on investment of Rs 13.15 crore, to be invested over a period of 18 months, in Spaceman Spirits Lab Private Limited (“SSL). With this funding, the company’s stake in SSL, maker of premium Indian craft gin Samsara and craft rum Sitara, will increase from 10 per cent to 20 per cent on a fully diluted basis.
- EPIC Energy Limited has signed a Joint Venture Agreement with Fenfeo Automotive Private Limited, Coimbatore to set up a Electric Vehicle Charger manufacturing unit in Coimbatore with an installed capacity of 15,000 Chargers per annum. A Joint Venture Company will be set up under the Agreement, with EPIC owning 76% of the Equity and Fenfeo owning 24% of the Equity. On a full year basis, this JV should conservatively generate gross revenues of Rs 15 crores per annum at 80 percent capacity utilization.
- We are pleased to inform you that the promoters and promoter groups of the GACM Technologies Limited intends to increase their stake in the company up to 13% within the year.
- Kamdhenu Paints to launch Wood Coatings product range meeting international quality standards.
- Pradhin Ltd informed the exchanges about Import of Aromatic Chemicals worth over INR 4 Billion from Python Chemical Company Limited, Thailand. This transaction marks the largest order in the Company’s history. The imported chemicals will be sold to major perfume factories located in Kannauj.
- Rajnish Wellness Limited have successfully established our new exclusive company-run, Dava Discount Shop giving out a discount of Flat 20% on all branded medicines with home delivery.
- Supreme Holdings & Hospitality (India) Limited has acquired the land parcel and is entitled for the development of Final Plot No. 283 admeasuring 2280 square meters situated at Village Chipale, Taluka Panvel, District Raigad, Maharashtra.
- Royal Orchid & Regenta Hotels (ROHL) opens second property in Nepal- Regenta Resort and Spa, Chitwan.
Indian Share/Stock Market Latest News Today Regarding Corporate Action, Capex-
- Swastika Investmart Limited has fixed Wednesday 25th September, 2024 as the “Record date” for determining eligibility of Shareholders for the purpose of Sub-division/split of existing Equity Shares of the Company from Face Value of Rs. 10/- each fully paid-up to Face Value of Re. 2/- each fully paid-up.
- Zaggle Prepaid Ocean Services Limited (“Zaggle”), has entered into an agreement with HDFC ERGO General Insurance Company Limited. Zaggle would provide HDFC Ergo General Insurance Company Limited, the Zaggle Propel reward platform (Channel rewards & recognition). This agreement shall continue till August 31, 2025 unless terminated in terms provided thereunder.
- Jeena Sikho Lifecare Limited established 2 Shuddhi Ayurveda Panchkarma Hospital/Shuddhi Panchkarma Daycare Centres with bed capacity of 30 and 49 in Bikaner and Panchkula respectively.
- Moneyboxx Finance Limited has got its new branch offices opened with effect from September 09, 2024, at Vijayawada, Hosur and Tumkur. Now total 123 Brach offices are enforce.
- Kontor Space Limited has successfully executed an LOI to lease the entirety of an independent building in Andheri’s MIDC. Due to its architectural efficiency, the G + 5 floor structure is poised to accommodate approximately 1,000 bailable seats.
- Aarti Drugs Limited (share latest news today) has issued Letter of Offer for Buyback of Equity Shares by way of tender offer. Record date for buyback was September 5,2024. Date of opening of the Buy-back is September 11, 2024 and closing date is September 18, 2024. Aarti Drugs Limited (share latest news today) Offers to buy-back up to 6,65,000 fully Paid-up equity shares of face value of ₹10/- each of the company at a price of ₹ 900/- per equity share, payable in Cash, for an aggregate amount not exceeding ₹ 59,85,00,000/- excluding transaction cost, from the Equity shareholders/beneficial owners of the equity shares of the company as on the record Date, on a proportionate basis through tender offer route using the stock exchange mechanism (“buy-back”). Reserved Category for Small Shareholders have entitlement ratio of 9 Equity Shares for every 706 Equity Shares held on the Record Date. For General Category entitlement ratio is 5 Equity Shares for every 744 Equity Shares held on the Record Date.
- Ladderup Finance Limited (share latest news today) has issued Letter of Offer for Buyback of Equity Shares by way of tender offer. Record date for buyback was September 5,2024. Date of opening of the Buy-back is September 11, 2024 and closing date is September 18, 2024. Ladderup Finance Limited (share latest news today) Offers to buy-back up to 25,00,000 fully Paid-up equity shares of face value of ₹10/- each of the company at a price of ₹ 44/- per equity share, payable in Cash, for an aggregate amount not exceeding ₹ 11,00,00,000/- excluding transaction cost, from the Equity shareholders/beneficial owners of the equity shares of the company as on the record Date, on a proportionate basis through tender offer route using the stock exchange mechanism (“buy-back”). Reserved Category for Small Shareholders have entitlement ratio of 265 Equity Shares for every 288 Equity Shares held on the Record Date. For General Category entitlement ratio is 177 Equity Shares for every 428 Equity Shares held on the Record Date.
- TP Solar Limited one of India’s largest cell and module manufacturing companies and a subsidiary of Tata Power Renewable Energy Limited (TPREL, a subsidiary of The Tata Power Company Limited), today proudly announced the commencement of commercial production from the 2 GW solar cell line at its state-of-the-art manufacturing facility in Tirunelveli, Tamil Nadu — the country’s largest single-location solar cell & module plant. This milestone follows the successful production of solar modules earlier this year. The solar cell production, currently at 2 GW capacity. The plant is expected to ramp up production with the remaining 2 GW capacity to be added over the next 4-6 weeks, reaching peak production within the next few months. Having a total cell & module manufacturing capacity of 4.3 GW, the module production line at the Tirunelveli plant was commissioned in October 2023 and has produced 1250 MW of solar modules till date.
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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.
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