Indian Share/Stock Market Latest News Today 3 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-
- Adani Energy Solutions Limited (AESL) deepens its footprint in Khavda with the award of 7 GW Renewable Energy Evacuation Transmission Network.
- NCC Limited has received orders valuing Rs. 1236 crores (Excluding GST) in the month of August 2024. The orders are related to irrigation division and others.
- Oriana Power Limited has been awarded a prestigious order of 52 MW worth Rs. 247.88 Crores for executing solar power project.
- Intimation of work order received by NBCC in normal course of business, amounting Rs. 182.50 Crore (Approx.).
- Dynacons Systems & Solutions Limited secures Strategic Data Centre Project of Hyper Converged Infrastructure (HCI) Solution for Nakshatra-2, Private Cloud initiative from Bank of Maharashtra, worth of Rs. 142.55 Crores.
- Epic Energy Limited received an order for setting up a 35 MWp (25 MW) Solar Park in and around Solapur in Maharashtra.
- GACM Technologies Ltd has been awarded a significant project valued at INR 10,00,00,000 by MSK Technologies (India) Private Limited.
- Atmastco Limited has obtained an order to make a critical special equipment from MM Forgings Limited of an amount of Rs. 3.37 Crores.
- Premier Roadlines forays into the Defense Sector with New Order of Approx. Rs 5 Crores.
- MEERA Industries Limited (“MEERA”), a leading manufacturer of advanced Twisting Machines and Heat Setting Machines, is pleased to announce the successful acquisition of significant International orders totaling $302,000.
- Parin Furniture Limited has received Multiple Contracts from Ministry of Civil Aviation, Airports Authority of India for supply of Airport Furniture in different states of India for total order value of Rs. 1.82 crores/-
- Abhishek Integrations Limited (AIL) have received the LOA for the work “Two shift operation, technical assistance in Operation & Maintenance contract of various shops of CDM & TMU and maintenance of machine & Auxiliary systems installed at CDM & TMU, BARC, Trombay, Mumbai having total contract value of Rs. 178.77 Lacs.
Indian Share/Stock Market Latest News Today Regarding Corporate Action, Capex-
- Board of Directors of Varun Beverages Limited has fixed Thursday, September 12, 2024 as the “Record Date” for determining entitlement of Equity Shareholders for the purpose of sub-division/split of existing Equity Shares of the Company, such that each Equity Share having face value of Rs. 5/- (Rupees Five only) each fully paid-up, be subdivided/split into such number of Equity Shares having face value of Rs. 2/- (Rupees Two only) each fully paid-up.
- Astral Limited has informed that their new Hyderabad Plant has commissioned commercial production from today i.e. 2nd September, 2024.
- Board of Director of Jai Corp Limited has approved the proposal to buy-back up to 29,44,415 equity shares of the Company for an aggregate amount not exceeding ₹1,17,77,66,000/- (the “Buyback Size”), being 1.65% of the total paid-up equity share capital, at Rs. 400/- per equity share on a proportionate basis through the tender offer route.
- Monarch Networth Capital Limited has fixed the Record Date to 13 September for 1:1 Bonus Issue.
- Solex Energy Limited has fixed the Record Date to 13 September for 1:4 Bonus Issue.
- Kanoria Chemicals & Industries Limited have successfully completed the expansion of our Formaldehyde production capacity at Ankleshwar, Gujarat. The commercial production of the additional capacity of 345 Metric Tons per day (MTPD),will start on September 6,2024.
- Acceleratebs India Limited has fixed the Record Date to 12 September for 3:5 Bonus Issue.
Indian Share/Stock Market Latest News Today Regarding Fund Raise, Acquisition-
- Inox Wind Limited‘s material wholly owned subsidiary, Resco Global Wind Services Private Limited (RESCO), at its meeting held today i.e. on 2nd September, 2024, has inter-alia considered and approved a proposal for fund raising by issuing equity shares on a preferential basis through private placement to non-promoter investors, for cash consideration aggregating -Rs.350 Crores.
- Board of Director of Sky Gold Limited has considered and approved the raising of additional capital by way of one or more public or private offerings including through a Qualified Institutions Placement (‘QIP’) of Equity Shares or other eligible securities to eligible investors for an amount not exceeding ₹ 270 Crore.
- Board of Director of ARC Finance Limited has considered and approved to raise Fund for an amount upto Rs. 49,00,00,000/- (Rupees Forty-Nine crores only), through a Right Issue to the eligible equity shareholders of the Company as on Record date.
- Board of Directors of Valencia Nutrition Limited have considered and approved the Issuance of upto 32,52,500 Equity Shares on Preferential basis at a fix price of ₹40/- to raise about Rs upto ₹13,01,00,000/- and Issuance of upto 50,00,000 Convertible Warrants on Preferential basis at a fix price of ₹40/- to raise about Rs upto ₹20,00,00,000/-.
Indian Share/Stock Market Latest News Today-
- Marati Suzuki India Limited announced a reduction in prices of select variants of Alto K-10 (by Rs 6,500/) and S- Presso (by Rs 2,000/) w.e.f. today i.e. 2nd September, 2024.
- Subsidiary of EKI Energy Services Ltd. expands Clean Cooking Initiative with new manufacturing unit in Nairobi.
- We wish to inform that the Meghmani Organics Limited commenced commercial production of three new products at state-of-the-art manufacturing facility situated at Dahej.
- Board of Welspun Corp Limited has approved an investment of approx. US$100 million by our wholly owned subsidiary Welspun Pipes Inc. for the strategic upgradation of the HFIW (High Frequency Induction Welding) Pipes manufacturing and coating capability in the USA.
- Godrej Properties emerges as the highest bidder for Two Luxury Group Housing Plots in Gurugram. The land parcels measuring approximately 3.6 acres and 2 acres will have a combined revenue potential in excess of INR 3,400 crore.
- Drone Destination has launched a new e-commerce Drone Hub platform offering drones, drone parts and consumables, avionics and BIS-approved drone batteries for the drone industry.
- Mahindra Auto (Mahindra & Mahindra Ltd.) sells 43,277 SUVs, a 16% growth and total volumes of 76,755 in August 2024.
- Hon’ble Railways Minister unveils India’s first BEML– Made Vande Bharat Sleeper Trainset; Inaugurates new Hangar Facility.
- Thomas Cook (India) Limited and SOTC witness a growing trend for festival tourism in the country – Launch unique festive tours for Durga Puja, Dussehra, Diwali.
- Larsen & Toubro has carved out a separate business vertical for Renewable EPC out of its Power Transmission & Distribution business, within its Infrastructure Projects segment.
- Techno Electric partners with RailTel Corporation of India Ltd. for developing Edge Data Centers in 102 cities across India.
- Ramkrishna Forgings Limited has received board approval for setting up an Aluminum Forging Facility at Jamshedpur. The Board of Directors have also given an approval for an investment of Rs 57.5 Crores to set up the facility, which will primarily cater to EV Market. The project will be set up with total installed capacity of 3,000 MT per annum and is expected to be commissioned by Q2 FY26. At the optimum capacity the project will generate additional revenue of Rs. 175 Crores per annum for the Company. Company Sells its Hospitality Management Business to Focus on Core Competencies.
- Yatra Online Limited has entered into a definitive agreement to acquire 100% of Globe All India Services Limited (Globe Travels), a premier Corporate Travel Services provider for INR 1280 million in cash.
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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.