Swan Defence Bags ₹251 Cr Order from Svitzer for Four Next-Gen TRAnsverse 3200 Tugs
Swan Defence and Heavy Industries (SDHI) has secured a significant export contract from Denmark-based Svitzer A/S to construct four high-specification TRAnsverse 3200 tugs. The order, valued at a minimum of ₹251 crore, will be executed at the company’s Pipavav shipyard with deliveries starting in early 2028.
Welspun Enterprises Q1 FY27: EBITDA Margins Hit 22.9% Despite Revenue Softness
Welspun Enterprises reported a soft first quarter for FY27 with revenue impacted by external logistical and regulatory disruptions in Mumbai. However, the company maintained exceptional profitability with EBITDA margins of 22.9%, significantly outperforming its long-term guidance of 18%.
Urban Company Launches Native M3 Pro Water Purifier with 3-Year Filter Life
Urban Company Limited has expanded its smart home portfolio with the launch of the Native M3 and M3 Pro water purifiers, featuring industry-first three-year long-life filters. The new products aim to eliminate frequent maintenance requirements while leveraging the company's existing service professional network for lifecycle support.
Apollo Micro Systems Secures ₹213.39 Crore Orders from DRDO and Defence PSUs
Apollo Micro Systems has secured cumulative order wins totaling ₹213.39 Crore from prestigious government and private entities. These contracts, awarded in the ordinary course of business, underline the company's expanding footprint in the high-growth domestic defence electronics market.
Tembo Global Industries to Start UAV Component Production; Targets ₹100 Cr Revenue
Tembo Global Industries has announced that its strategic joint venture, JR UAV Limited, will begin manufacturing specialized Unmanned Aerial Vehicle (UAV) components at its Kashidkopar facility. The production, slated to start within 90 days, will fulfill international orders received by JR UAV Italy, marking the company's entry into the high-technology aerospace value chain.
Amrutanjan Health Care Starts ₹150 Cr Sanitary Napkin Plant in Telangana
Amrutanjan Health Care Limited has successfully commissioned its new ₹150 crore greenfield manufacturing facility in Telangana, marking a major capacity expansion for its feminine hygiene segment. The plant, equipped with high-speed Japanese technology, is designed to produce 700 million sanitary napkins annually to support the growth of its Comfy brand.
SEPC Limited Secures ₹854.57 Crore Expansion Order from SAIL-IISCO Steel Plant
SEPC Limited has been awarded a major domestic contract valued at ₹854.57 crore by Steel Authority of India Limited (SAIL). The project involves civil, structural, and balance of plant works for the 4.08 MTPA crude steel expansion at the IISCO Steel Plant in Burnpur.
GNG Electronics Reports 32% Revenue Growth to ₹412.5 Cr; Raises FY27 Guidance
GNG Electronics Limited reported a 32% year-on-year revenue increase in Q1 FY27, reaching ₹412.5 crore, alongside a 56% surge in net profit. The company successfully capitalised on global memory component shortages through strategic inventory positioning and robust demand in international markets.
OBSC Perfection to Raise ₹86.52 Crore via Preferential Issue at ₹601 Per Share
The Board of Directors of OBSC Perfection Limited has approved a significant capital infusion of ₹86.52 crore through a preferential issue of equity shares. This strategic fundraise, involving two non-promoter institutional entities, aims to bolster the company's capital base as it expands its footprint in the auto parts and equipment industry.