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Indian Share/Stock Market Latest News Today 5 September 2024

Indian Shares/Stocks in Focus Today Latest Market News

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-

  • KPI Green Energy Limited have obtained approvals from the Chief Electrical Inspector (CEIG) for 16 MW of solar power projects under our CPP business segment.
  • Australian Premium Solar (India) Limited has received LOI first time from Uttar Gujarat Vij Company Limited (UGVCL) for Solarization of Agricultural Feeders of Total 12.5 MW Capacity which is approx. value of Rs. 50 Crore in the supply area of UGVCL under PM-KUSUM Scheme Component C Feeder Level Solarization through RESCO Mode.
  • South West Pinnacle Exploration Limited (SWPE share latest news today) has got a Letter of Award from Central Mine Planning and Design Institute Ltd. (CMPDI), a subsidiary of Coal India Ltd., for General Exploration (G 1 stage) of coal with related activities in the state of Madhya Pradesh., worth of Rs. 1000.84 lac, which is scheduled to be completed within 360 days including 30 days for mobilisation.
  • Konstelec Engineers Limited (share latest news today) has got a Letter of Award from Talcher Fertilizers Limited, Odisha, for Supply Cum Erection of Electrical works, worth of Rs. 6.99 Crores (Basic Price), which is scheduled to be completed within 10 months from the date of Issuance of Fax of Acceptance (FOA).
  • ITCONS E-Solutions Limited (share latest news today) has got a Letter of Award from Office of the Chief Administrative Officer SER, South Eastern Railway, for Requirement of 21 skilled Computer Operator employees on a contractual basis for a period of 1 year, worth of Rs. 87,55,568.64/, which is scheduled to be completed within 12 months.
  • ITCONS E-Solutions Limited (share latest news today) has got a Letter of Award from Wipro Limited, for 05 HFC Desktop Engineers for 07 months and 05 Desktop Engineers for 11 months, worth of Rs. 23,76,000/.
  • ITCONS E-Solutions Limited (share latest news today) has received an order from National Institute of Communication Finance, Department of Telecommunications (DOT), for requirement of 1 employee for the profile of IT Engineer-Technical for the period of 3 years, worth of Rs. 13,15,980/.
  • Relicab Cable Manufacturing Limited (share latest news today) has received an order for Supply of PVC Cable, Halogen and FLRS, worth of Rs. 97.47 Lakhs approx. (excluding tax), which is scheduled to be completed within 30 days.
  • Parin Furniture Limited (share latest news today) has received a contract from Ministry of Civil Aviation, Airports Authority of India for Supply of Airport Furniture to Vadodara Airport, worth of Rs. 77 Lakhs approx.
  • Karnika Industries Limited (share latest news today) has received a contract for supply of kids garments, worth of Rs. 40 Lakhs approx., which is scheduled to be completed till end of October 2024.

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

  • Prestige Estates Projects Limited (share latest news today) has raised fund via QIP and issued 2,98,68,578 fully paid-up Equity Shares of the Company at a price of ₹ 1,674 per Equity Share which takes into account 4.62% to the floor price of ₹ 1755.09 per Equity Share.
  • Sona Blw Precision Forgings Limited informed exchanges that Fund Raising Committee has set ₹ 699.01 per Equity Share as the floor price for its QIP.
  • Bannari Amman Spinning Mills Limited (share latest news today) has raised fund via issuance and allotment of 42,25,806 warrants convertible into equity shares to be issued on a preferential basis at a fix price of Rs. 62/. Company raised total Rs. 26,19,99,972/-.
  • Eraaya Lifespaces Limited (share latest news today) has raised Rs. 1028.70 Crores via issuance and allotment of 1,27,00,000 Compulsorily Convertible Warrants convertible into equivalent number of fully paid-up equity shares of the Company having face value of Rs. 10/-.
  • Board of Directors of Foce India Limited (share latest news today) recommended Fund Raising via Rights issue, a value not exceeding Rs. 49,00,00,000/-.
  • Bridge Securities Limited (share latest news today) has informed the exchanges regarding Raising of funds upto Rs. 2,00,00,000/- (Rupees Two Crores) by way of issue of Convertible Warrants, through preferential allotment to the entity(ies) belonging to Non-Promoter category.

Indian Share/Stock Market Latest News Today-

  • Minda Corporation Limited signs technology licensing agreement with Sanco to offer Electrical Distribution Systems Solutions for EV market.
  • RIR Power Electronics Limited has announced about inauguration of their new factory in the state of Odisha. This project represents a significant step towards enhancing the company’s capabilities in the Silicon Carbide based technology.
  • Union Cabinet chaired by Honorable Prime Minister of India, Shri Narendra Modi approved the proposal of Kaynes Semicon Private Limited, a wholly owned subsidiary of Kaynes Technology India Limited, to setup a semiconductor unit at Sanand, Gujarat. The proposed unit will be setup with an estimated investment of Rs 3,307 crores. The capacity of this unit will be to Assemble, Test, Mark and Packing of 60 Lakh chips per day. In February, 2024, three more semiconductor units were approved. Tata Electronics is setting up a semiconductor fab in Dholera, Gujarat and one semiconductor unit in Morigaon, Assam. CG Power is setting up one semiconductor unit in Sanand, Gujarat. Construction of all 4 semiconductor units is progressing at a rapid pace and a robust semiconductor ecosystem is emerging near the units. These 4 units will bring an investment of almost Rs 1.5 Lakh crore. The cumulative capacity of these units is about 7 crore chips per day.
  • Angel Fibers Limited updated to exchanges that the Insurance company i.e. SBI General Insurance Company Limited granted partial payment of Rs. 3,59,70,788 for fire incident. Company is further following the procedure for the remaining claim amount.
  • Rama Steel Tubes Limited a step ahead with Strategic Collaboration with Onix Renewable Ltd. for Green and Renewable Energy. This partnership will focus on leveraging the expertise of RAMA Steel Tubes Ltd to provide steel structures along with single-axis trackers, and will also focus on dual-axis trackers to be expanded in the future essential for solar projects undertaken by Onix Renewable Ltd.
  • Interarch Building Products Limited invests over INR 95 crores in 5th PEB (4th fully integrated unit) Manufacturing plant in Attivaram, Andhra Pradesh. The plant will add 60,000 MT per annum over 2 phases, increasing the overall capacity to 2 Lac MT per annum.
  • Lupin Limited launched Mirabegron Extended-Release Tablets, 50 mg, in the United States, after having received an approval from the U.S. FDA. Mirabegron Extended-Release Tablets, 50 mg had estimated annual sales of USD 1,600 million in the U.S. (IQVIA MAT July 2024).

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

  • Zaggle Prepaid Ocean Services Limited, has entered into an agreement with Blue Star Ltd where Zaggle would provide Blue Star Ltd. the Zaggle Save ( Employee expense management & benefits) for 1 Year.
  • Narmada Gelatines Limited has informed the Exchanges that the Company has received, a notice of Offer for Sale (OFS) of Equity Shares from its promoter, M/s Pioneer Jellice India Pvt. Ltd. Size of Offer for Sae (OFS) is 2.65% of total paid up share capital of the company is 1,60,298 Equity Shares. OFS will open on 5th September (T Day for Non Retail Investors) and on 6th September (T+1 for Retail Investors as well as for Non Retail Investors who choose to carry forward their unallotted bids from T day). Bidding process will be available from 9.15 am to 3.30 pm. The floor price of this OFS is 400 per equity share and no discount is being offered to Retail Investors.
  • Rights Issue Committee of the Emerald Leisures Limited at its meeting held on today, i.e. September 4, 2024, has inter alia fixed Tuesday, i.e. September 10, 2024 as the Record Date for the purpose of determining the equity shareholders who are entitled to receive the Rights Entitlements Rights Issue of the Company.
  • Board of Pulz Electronics Limited has approved to issue fully paid Bonus Shares to the shareholders in a ratio of 1:1.

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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.


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