Optivalue Tek Consulting Secures ₹70 Crore Order for 100 Tethered Drone Systems
Optivalue Tek Consulting Limited secures a ₹70 crore Letter of Intent for 100 tethered drone systems from Aerial IQ India for a Ministry of Defence project.
Latest News
Every story we have published, newest first.
Promoter Buying
Granules India Promoter Uma Devi Chigurupati Acquires 2.48 Crore Shares via Open Market
Promoter Uma Devi Chigurupati acquired 2.48 crore shares of Granules India via the open market, raising her stake to 12.51%. Read more on this transaction here.
Partnership
SAIL Partners With BCCL for Joint Coal Block Operations in West Bengal
SAIL signs MoU with BCCL for joint development of West Bengal coal blocks to boost domestic coking coal supply. TTM revenue stands at ₹1,11,134.75 crore.
Fund Raise
AGI Infra Board Approves ₹275 Crore Fund Raise via Qualified Institutions Placement
AGI Infra Limited approves a fund raise of up to ₹275 crore through a Qualified Institutions Placement (QIP) to support growth. See key financial details and impact.
Expansion
Signature Global Acquires 194-Acre Gurugram Land for ₹5,500 Crore Luxury Project
Signature Global acquires 194.22 acres in Gurugram for an ultra-luxury farmhouse villa project with an estimated Gross Development Value of ₹5,500-6,000 crore.
Product Launched
Prestige Estates Launches ₹1,750 Cr Prestige Parklane Project in North Bengaluru
Prestige Estates Projects Ltd launches Prestige Parklane in Devanahalli, Bengaluru. The 11.91-acre residential project features 1,788 homes with a GDV of ₹1,750 Cr.
Production Started
Refex Industries Commences Ready-Mix Concrete Operations at New Pune Plant
Refex Industries launches its first Ready-Mix Concrete plant in Pune, Maharashtra, using an asset-light model to expand its infrastructure ecosystem presence.
Production Started
Ellenbarrie Industrial Gases Commissions 325 TPD ASU Plant in Durgapur
Ellenbarrie Industrial Gases commissions its 325 TPD Air Separation Unit in Durgapur for Jai Balaji Industries, ensuring revenue through a 15-year agreement.
New Order
Praruh Technologies Secures ₹31.21 Crore Telepresence Order from RailTel
Praruh Technologies Ltd wins a ₹31.21 crore rate contract from RailTel for telepresence equipment supply and 5-year maintenance support. Details on ALFA News.
Fund Raise
Aimtron Electronics Board Approves ₹205 Crore Preferential Issue for Global Acquisitions
Aimtron Electronics Limited approves ₹205 crore fund raise via preferential issue of 12.24 lakh shares at ₹1,674.47 each to fund strategic global acquisitions.
New Order
Lakshya Powertech Secures ₹276.38 Crore O&M Order from Vedanta Oil & Gas
Lakshya Powertech Limited wins a ₹276.38 Crore O&M contract from Vedanta Oil & Gas for the Cairn Ravva asset, boosting revenue visibility for three years.
New Order
Blue Cloud Softech Secures ₹147 Crore AI Infrastructure Order from IBM Cloud
Blue Cloud Softech subsidiary Global Impx Inc. wins a $15.5 million (₹147 crore) order from IBM Cloud Inc for AI infrastructure design and support services.
New Order
Welspun Corp Shares Rise 5% After Bagging ₹4,000 Crore Pipe Order in USA
Welspun Corp's US subsidiary secures a ₹4,000 crore HFIW pipe order, the largest in its history. Global order book surges to a record ₹45,000 crore. FY28-FY29.
New Order
Vascon Engineers Shares Jump 11% After ₹660.79 Cr Order from Qualcomm for Bengaluru Facility
Vascon Engineers bags a ₹660.79 Cr order from Qualcomm India to build a 12-floor office in Bengaluru. The project is scheduled for completion within 30 months.
New Order
Steamhouse India Bags ₹311 Crore EPC and O&M Contract for Himachal Bulk Drug Park
Steamhouse India Ltd wins a ₹311 crore contract for a steam and co-generation plant in Una, Himachal Pradesh, including a 25-year operations mandate.
Earning Call
Pearl Global Shares Rise 5% in 1 Day Since Outlining Roadmap to ₹10,000 Crore Revenue by FY30
Pearl Global Industries sets a ₹10,000 crore revenue target for FY30, leveraging a multi-country production model and 17% revenue CAGR delivered ahead of schedule.
Fund Raise
Wheels India Shares Rise 5% in 1 Day Since QIP Floor Price Set at ₹2,197.10
Wheels India Limited opens QIP with a floor price of ₹2,197.10 per share. The company seeks to raise institutional capital following strong 168% 1-year returns.
New Order
Yogi Ltd Secures ₹50.63 Crore Industrial Equipment Order from Companion Vinimay Trading
Yogi Ltd wins two purchase orders worth ₹50.63 Crore from Companion Vinimay Trading Private Limited for industrial components, with a 15-day execution timeline.
