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Indian Share/Stock Market Latest News Today 11 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-

SJVN Limited (share latest news today), GMR Upper Karnali Hydro Power Limited and IREDA (share latest news today) has signed a MoU for development of Upper Karnali Hydro Electric Project (900 MW) through JV Company in Nepal. SJVN and GMR will hold 34% shareholding each and IREDA will have 5% shareholding in the proposed JV. The balance Equity will be held by NEA (Nepal Electricity Authority). The project shall be developed on BOOT basis with 25 years concessional period after commissioning. The approximate project cost shall be ₹9,100 crore. The project is proposed to be funded through 70:30 Debt Equity ratio.
JSW Neo Energy Limited (or “JSW Neo”), a wholly owned subsidiary of JSW Energy Limited (share latest news today), has received Letter of Award for 600 MW of Wind-Solar Hybrid Power Project from Maharashtra State Electricity Distribution Company Limited (or “MSEDCL”) against MSEDCL– Phase IV. As a result of this capacity award, the Company’s total locked-in generation capacity has increased to 18.2 GW.
ITI Limited (share latest news today) has got a Letter of Award from Bihar Renewable Energy Development Authority (BREDA), for supply and installation of 1,00,000 numbers of Solar Street Light Systems to Bihar State Government, worth of Rs. 300 Crores. This is in addition to 80,000 solar street light systems the Company is currently executing in Bihar for BREDA.

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SEPC Limited (share latest news today) has got a Letter of Award from The Executive Engineer, Irrigation Division, Bhabua, Bihar, for Providing Drinking Water to Bhabhua and Mohania Town Under Jal-Jeevan-Hariyali Abhiyan on Turn-key basis by utilizing surface water, worth of Rs. 182,56,76,000/-, scheduled to be completed by 12 Months for execution, 3 months for trial run. Order includes 60 months of Operation and Maintenance services also.
E Factor Experiences Limited (share latest news today) has received an International order from Indira Gandhi National Centre for the Arts, Ministry of Culture, Janpath Building New Delhi for Engineering, Procurement and Construction of the Indian Pavilion at World Expo 2025, Osaka, worth of Rs. 1,76,09,72,402.81 (Inclusive of GST), which is scheduled to be executed in between September 24 to Oct 2025.
AGS Transact Technologies Limited (share latest news today) announced that it has implemented and commenced managing the Prepaid Card Platform for ‘XtraPower’, the fuel and fleet management program of Indian Oil Corporation Limited (IOCL), India’s largest public sector enterprise. AGS Transact will receive a fixed fee for these services, generating an estimated revenue of approximately INR 58 crore over five years.
Gulshan Polyols Limited (share latest news today) has got a Letter of Award from Oil Marketing Companies or OMCs ie BPCL, IOCL and HPCL, for supplying 6000 Kiloliters of Ethanol for Q4 of (ESY 23-24) from its 250 KLPD Ethanol plant at Assam, worth of Rs. 42,40,86,000/-, scheduled to be completed by Q4 of ESY 23-24 (Ethanol Supply Year).

Synoptics Technologies Limited (share latest news today) has got a Letter of Award from ITI Limited, for Deployment of BSNL 4G RAN I & C activity at 3000 sites. PO will be released in Lots of 1000 Each, worth of Rs. 994.35 Lakhs (excl GST). Delivery schedule is 31st October 2024 (for 1st lot of 1000 sites) and 31st Dec 2024 (for 2000 sites).
Manav Infra Projects Limited (share latest news today) has got a Letter of Award for Shore Piling and Rock Anchoring Works for construction of JADE PARK project at Vile parle, Mumbai. The total cost of the Project or order value is approximately Rs. 3,26,65,650/- (exclusive of GST @18%).
Trishakti Industries Limited (share latest news today) has got a Letter of Award from KEC International Ltd for deployment of specialized machinery for their operational requirements, worth of Rs. 2.5 Cr.
MIC Electronics Limited (share latest news today) has received an order from Salem Division of the Southern Railway Zone for the provision of Telecom based passenger amenities at SGE, SA and provision of FIOSNET at ELS, Erode, worth of Rs. 1,33,08,976.53/-, which is scheduled to be executed within 6 Months from the date of issue of Letter of Acceptance.

Indian Share/Stock Market Latest News Today Regarding Fund Raise, Acquisition-

Srivari Spices and Foods Limited has proposed a Rights Issue of upto 14,28,400 Equity Shares of face value of Rs. 10/- each of the Company at an issue price of Rs. 175/- per Rights Equity Shares aggregating up to Rs. 2499 Lakhs on rights basis to the eligible shareholders of the Company in the ratio of 1 Rights Equity Share for every 5 Fully Paid-up Equity Shares held by the Eligible Equity shareholders as on the record date ie September 04, 2024. Rights Issue will open from September 24, 2024 and close on October 3, 2024.
Ganesha Ecoverse Limited has proposed a Rights Issue of upto 1,34,15,280 Equity Shares of face value of Rs. 10/- each of the Company at an issue price of Rs. 35/- per Rights Equity Shares aggregating up to Rs. 4,695.35 Lakhs on rights basis to the eligible shareholders of the Company in the ratio of 6 Rights Equity Share for every 5 Fully Paid-up Equity Shares held by the Eligible Equity shareholders as on the record date ie Monday, September 09, 2024. Rights Issue will open from Friday, September 20, 2024 and close on Monday, September 30, 2024.

Modern Engineering and Projects Limited decided to extend Issue Closing date of ongoing Rights Issue from Tuesday September 17, 2024 to Friday, September 20, 2024. Accordingly, the Last date for On- Market Renunciation for Rights Entitlements has been extended from Thursday September 11, 2024 to Tuesday, September 17, 2024.
Narmada Agrobase Limited has fixed Monday, 16th September, 2024 as the Record Date for the purpose of ascertaining the eligibility of shareholders entitled for issuance of 9 Rights Equity shares for every 5 fully paid-up Equity shares held by the existing Equity shareholders of the Company on Rights basis (‘Rights Issue’).

Indian Share/Stock Market Latest News Today-

Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, has entered into a strategic partnership with Mansfield Building Society in the UK to digitally transform its business. TCS will deploy its state-of-the-art digital banking solution, TCS BaNCS for Core Banking, along with its Digital Home Lending Solution, to enhance member and intermediary experiences and support Mansfield’s ambitious growth plans.
HDFC Bank informed that, a penalty of Rs. 1 crore has been imposed on the Bank by the Reserve Bank of India. RBI imposed the above penalty in view of non-compliance with the Reserve Bank directions on ‘lnterest Rate on Deposits’ and ‘Recovery Agents engaged by Banks’.
Inox India Limited has received Patent Rights from Patents Office, Government of India titled: “CRYOGENIC LIQUID BASED VARIABLE TEMPERATURE COLD STORAGE UNIT AND METHOD” bearing Patent No. 549870.
JTL Industries Limited is pleased to announce the successful expansion of its Galvanized Iron (GI) plant in Mangaon, Maharashtra. This new facility will significantly enhance our production capabilities, adding 5,000 MT of capacity per quarter.

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Sona BLW Precision Forgings Limited successfully raises INR 2400 crores through QIP. The issue garnered strong interest from institutional investors and sovereign wealth funds, resulting in over 5.5 times subscriptions.
A Navaratna Central Public Sector Enterprise (ONGC Videsh Ltd., a wholly owned subsidiary of ONGC) along with Oil India Ltd. (OIL), and Khanij Bidesh India Ltd. (KABIL) signed a Memorandum of Understanding (MOU) with International Resources Holding RSC Ltd. (IRH), UAE, to collaborate globally on the Critical Mineral supply chain. The primary goals of this MOU are to identify, acquire, and develop Critical Mineral projects worldwide, including India.
Infosys and Proximus Group Strengthen their Strategic Collaboration To unlock new business opportunities and enhance customer experience. This collaboration will leverage Proximus Group’s International affiliates, including Route Mobile‘s Communications Platform as a Service (CPaaS) and Telesign’s Digital Identity (DI) solutions.

Mphasis Limited today announced the opening of its Innovation Hub for Mphasis Europe in London’s iconic Tower 42 building. The facility will serve as a Centre of Excellence (CoE) for developing cutting-edge Quantum Computing, Quantum Cryptography and Artificial Intelligence (AI) solutions.
Rajnish Wellness Limited to open 33 new Dava Discount plus Grocery Supermarkets across India with an estimated investment of Rs. 50 Crores.
PC Jeweller Limited is pleased to advise regards receiving a refund of Rs 67.54 crores from the Income Tax Department, which stands credited to its account on September 06th, 2024.
Premier Explosives Limited had signed a Memorandum of Understanding (MOU) with Astra Microwave Products Limited, Hyderabad, for a strategic alliance to develop and sell multiple products jointly.
Lemon Tree Hotels announced its latest signing – Lemon Tree Hotel, Mira Road, Mumbai, is expected to open in FY 2026.

Maxposure Limited wins the project to execute the branding solutions for two new F&B spaces for The Oberoi Resorts and Spa, Gurgaon.
Veeram Securities Limited has completed the mutation work of approx. 650 cottah land at Sonarpur, Kolkata, west Bengal, which may be further developed by the Company.
Maitreya Medicare Limited has entered into an Clinical Services Agreement with M/s Vinish Healthcare and Multi Services Private Limited, to render certain specific super specialists of Cardiothoracic Surgery, Intervention Radiology, Critical Care including ECMO and CRRT, Medical and Surgical Oncology for latest chemotherapy and organ or function saving surgeries, neurology including Neurosurgeries to its patients with ailments which require expert doctors to treat the ailment.
Sprayking Limited Imports State-of-the-Art Finishing Machin ery from China worth Rs, 21.6 9 Million.
AbhiBus (ixigo bus business- Le Travenues Technology Limited), India’s leading bus ticketing platform has onboarded FlixBus, Europe’s largest intercity bus service to bring a new standard of bus travel to the India.
Ramco Systems announced the release of version 6.0 of its Aviation Software- a revolutionary product release designed to transform M&E and MRO operations with AI-driven insights, advanced automation, and seamless integration.

Indian Share/Stock Market Latest News Today Regarding Corporate Action, Capex-

Mindteck (India) Limited has fixed Friday, September 20, 2024 as the Record Date for the purpose of determining Shareholders and their entitlement for Issue and Allotment of Bonus Equity Shares in the ratio 1:4 i.e., 1 (One) new fully paid-up equity share of Rs. 10/- each for every 4 (Four) existing fully paid-up equity shares of Rs. 10/- each held by them.
JFL Life Sciences Limited has fixed Tuesday, 24 September 2024 as the Record Date for the purpose of determining Shareholders and their entitlement for Issue and Allotment of Bonus Equity Shares in the ratio 2:1 i.e., 2 (Two) new fully paid-up equity share of Rs. 10/- each for every 1 (One) existing fully paid-up equity shares of Rs. 10/- each held by them.

Arex lndustries Ltd. (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 7,2024. Date of opening of the Buy-back is September 12, 2024 and closing date is September 19, 2024. Arex lndustries Ltd. (share latest news today) Offers to buy-back up to 3,60,000 fully Paid-up equity shares of face value of ₹10/- each of the company at a price of ₹ 195/- per equity share, payable in Cash, for an aggregate amount not exceeding ₹ 7,02,00,000/- 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 127 Equity Shares for every 753 Equity Shares held on the Record Date. For General Category entitlement ratio is 64 Equity Shares for every 761 Equity Shares held on the Record Date.

HOAC Foods India Limited has signed an agreement with Beejapuri Fresh Products Private Limited selling under a brand name “Country Delight” to supply them our products such as “Pure MP Sharbati Atta” in accordance with a purchase order to be raised by the Beejapuri Fresh Products Private Limited from time to time.

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.