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Indian Share/Stock Market Latest News Today 4 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.

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Indian Share/Stock Market Latest News Today Regarding New Orders Update-

Cabinet Committee on Security, approved the proposal for procurement of 240 aero-engines (AL-31FP) for Su-30 MKI aircraft of the Indian Air Force (IAF) under Buy (Indian) category from Hindustan Aeronautics Limited (HAL share latest news today) at a cost of over Rs 26,000 crore inclusive of all taxes and duties. The delivery of these aero-engines would start after one year and complete over a period of eight years.
Torrent Power Limited (share latest news today) has entered into a fresh MoU today with the Department of Water Resources, Government of Maharashtra for establishment of Pumped Storage projects with a total capacity of 5,600 MW instead of 5,700 MW.
NHPC Limited (share latest news today) has been signed MoU once again with WRD, Govt. of Maharashtra to establish Pumped Storage Project(s) viz. Kengadi (1,550 MW), Savitri (2,250 MW), Kalu (1,150 MW), Jalond (2,400 MW) in Maharashtra with total capacity of 7,350 MW.
KPI Green Energy Limited, (share latest news today) has received Letters of Intent for executing solar power projects with a cumulative capacity of 7 MW under the ‘Captive Power Producer (CPP)’ business segment of the Company. The projects are scheduled to be completed in the financial year 2024-25, in various tranches as per the terms of the order.

Jhandewalas Foods Limited (share latest news today) has received an order of worth Rs.6 crores from two of its major clients called Dabur and Sachkhand Sri Harmandir Sahib Sri Darbar Sahib.
Slone Infosystems Limited (share latest news today) has acquired a significant order from JBA Infosolutions Private Limited, Mumbai. The order, valued at ₹2.01 Cr plus GST, involves the supply of 600 units of Lenovo Think Centre Neo 50t-11SES0AN00 desktop systems.
Orissa Bengal Carrier Limited has entered into contract for transportation of approx. 26,000 Metric Tons of materials of Sunflag Iron & Steel Co. Limited.

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

PTC Industries Limited (share latest news today) has raised fund via QIP and issued 5,30,315 fully paid-up Equity Shares of the Company at a price of ₹ 13,199.70 per Equity Share which takes into account a discount of ₹ 694.72 per Equity Share on the floor price amounting to ₹ 13,894.42 per Equity Share (5% of the floor price).
Texmaco Rail & Engineering Ltd (share latest news today) completes the acquisition of Jindal Rail Infrastructure Limited (“JRIL”) Expands its wagons market presence, capabilities and product offerings Final cash consideration of Rs. 614 Crores, 8.1x FY 2024 EV/EBITDA.
Max Estates Limited (share latest news today) has raised fund via QIP and issued 1,33,89,121 fully paid-up Equity Shares of the Company at a price of ₹ 597.50 per Equity Share which takes into account 4.97% to the floor price of ₹ 628.74 per Equity Share.
Board of Directors of Mercury Trade Links Limited (share latest news today) recommended Fund Raising via Rights issue, a value not exceeding Rs. 49,00,00,000/-.

Indian Share/Stock Market Latest News Today-

Material subsidiary of the Integrated Industries Limited, Nurture Well Foods Private Limited, has launched a new range of biscuits in addition to its existing product(s) manufactured by the company.
KFin Technologies has launched the mPower Wealth platform, an advanced, omnichannel wealth management solution designed to address the needs of wealth managers, family offices, banks, and external asset managers.
Marico Limited expands its millets offering with the introduction of Saffola Masala Millets.
TCS partners with Google cloud to launch AI-Powered cybersecurity solutions to deal with advanced threats.
Patel Integrated Logistics Limited plans to go pan India with FreightPILL Mobile App. FreightPILL is an Enterprise Information System software developed by the company to enhance their logistics services and overcome challenges associated with manual operations.

IEX achieves 12,040 MU total volume in august’24, an increase of 36% yoy.
Ashiana Housing Ltd. is pleased to inform you that 168 units (consisting area of 2,82,365 sq. ft.) out of total 280 units in Phase 4 of project ‘Ashiana Amarah’ (Gurugram) have been converted into booking by 01st September 2024, having sale value of Rs. 403.49 Crores. Phase 4 of “Ashiana Amarah” project has total saleable area of 4.95 lakhs sq. fr. with 3 BHK units.
MOIL registers Best August production (1.24 lakh tonnes) achieves 7% growth during April-August ’24 (7.24 lakh tonne).
Prakash Pipes Limited (Packaging Division) commissions its Nordmeccanica Supercombi 5000 Laminator.
Cupid Limited set to expand B2C pie. The company’s foray into B2C in India in the last seven months has resulted in net revenues of ₹ 12.50 crore and the company is looking to expand this pie substantially moving forward with a topline target in excess of INR 50 crores in this financial year just from its B2C India Business.

Update on PDS’s business operations in Bangladesh- Despite experiencing a few days of impact on our operations last month, our facilities have since resumed normal operations. We have also seen a return to normalcy across our partner factories in the region.
Cellecor Gadgets Limited announces aunch of new Laptops and 5G Smart Phones.
The Board of Jainam Ferro Alloys (I) Limited has approved the proposal to setup 15 MW Solar power plant earlier, in their Board meeting. The estimated capital expenditure towards the project is approx. 50 crore (net of taxes). The power generated under the Solar Power Plant will be captively consumed by Ferro Plant of the Company, to meet its power requirements, which will further reduce the high cost of power consumption of the company.

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

Weizmann 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 August 30, 2024. Date of opening of the Buy-back is September 05, 2024 and closing date is September 11, 2024. Weizmann Limited (share latest news today) Offers to buy-back up to 3,65,169 fully Paid-up equity shares of face value of ₹10/- each of the company at a price of ₹ 160/- per equity share, payable in Cash, for an aggregate amount not exceeding ₹ 5,84,27,081/- 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 33 Equity Shares for every 776 Equity Shares held on the Record Date. Same is for General Category.

Indian Toners & Developers 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 August 30, 2024. Date of opening of the Buy-back is September 05, 2024 and closing date is September 11, 2024. Indian Toners & Developers Ltd. (share latest news today) Offers to buy-back up to 4,58,268 fully Paid-up equity shares of face value of ₹10/- each of the company at a price of ₹450/- per equity share, payable in Cash, for an aggregate amount not exceeding ₹ 20,62,20,600/- 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 34 Equity Shares for every 805 Equity Shares held on the Record Date. Same is for General Category.

Board of Directors of Harshil Agrotech Limited (share latest news today) has Recommended Sub-Division of 1 (one) Equity Share of face value of Rs. 10/- (ten) each fully paid up into 10 (ten) Equity Shares of Rs. 1/- (one) each fully paid up. Further board recommended Fund Raising via Rights issue, a value not exceeding Rs. 49,50,00,000/-.
Krishna Institute of Medical Sciences Limited has fixed Friday, September 13, 2024, as ‘Record Date’ to determine the eligibility of shareholders of the Company for Subdivision/split of 1 (One) equity share having face value of Rs.10/- (Rupees Ten Only) each, full paid-up, be sub-divided into 5 (Five) equity shares having face value of Rs.2/- (Rupees Two only) each, fully paid-up.

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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.