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Tata Chemicals, Tata Motors PV, other Tata stocks slide up to 4% as Tata Sons rejig clouds listing prospects
Tata group stocks declined after Tata Trusts proposed restructuring Tata Sons to potentially remove its NBFC and CIC classification, which could allow the holding company to remain private and ease regulatory requirements linked to a listing.
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Vikram Solar shares rise 3% after securing 400 MW module order from leading EPC company
Vikram Solar shares rose 3% after securing a 400 MW module supply order for decentralised solar projects across Maharashtra. The company will supply 620 Wp N-Type TOPCon G12R modules from October 2026 through March 2027. The order strengthens its presence in agricultural-feeder solarisation and India’s expanding renewable energy infrastructure.
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Ellenbarrie Industrial Gases shares rise 5% after securing Rs 481 crore order from BHEL
Ellenbarrie Industrial Gases shares rallied 5.10% after the company secured a Rs 481-crore contract from BHEL to build a 1,200 TPD cryogenic Air Separation Unit for its Coal to Ammonium Nitrate Project. The turnkey project will be executed over eight quarters and is expected to be commissioned in FY29, expanding Ellenbarrie’s presence in India’s coal…
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Nifty Bank crashes 1,800 points in 2 days, slips below 54K for first time in 4 months. What’s next?
Banking stocks have come under heavy pressure, with the Nifty Bank index plunging nearly 1,800 points in two days and slipping below 54,000 for the first time since early June. The selloff has been driven by concerns over potential RBI rate hikes and rising bond yields.
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German Green Steel IPO Final Day: Subscription Hits 5.39x With GMP At ₹24.5
German Green Steel and Power Limited’s IPO opened on September 25 and closes today, September 29. It is a book-build issue of Rs. 303.90 crore, made up of a fresh issue of 2.09 crore shares worth Rs. 290 crore and an offer for sale of 10 lakh shares worth Rs. 13.90 crore. The price band is…
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Senior citizen paid ₹9.91 lakh tax on tax-free bond interest by mistake: How he got a refund
A senior citizen from Gurugram mistakenly reported ₹25.42 lakh of tax-exempt bond interest as taxable income, resulting in excess tax of ₹9.91 lakh. After the assessing officer rejected his rectification plea, the ITAT directed that the income be treated as exempt and the refund granted.
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NCC Secures ₹1,077 Crore Drinking Water Supply Project from Andhra Pradesh Government
The company is an infrastructure company engaged in turnkey EPC contracts and BOT projects across various infrastructure segments. Its operations cover buildings, transportation, water and environment, electrical transmission and distribution, mining, irrigation and railways. According to Screener, construction accounted for around 99% of its business in Q1 FY27. The shares of NCC are currently trading at…
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Equity vs gold vs silver: Which asset class delivered the most returns in H1 FY27? Here’s what data shows
Small-cap equities led the asset-class performance in H1 FY27, delivering 23% returns, ahead of mid-caps at 13% and the Nifty 50 at 2%. Gold and silver declined 10% and 15%, respectively, reversing their strong gains in H1 FY26.
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Standard Engineering Technology in focus after acquiring control of GScale Energy in ₹190 Cr deal
The Hyderabad-based process equipment maker has taken a significant step beyond its pharma and chemical roots. A company that built its name on glass-lined reactors and turnkey plants has now gained control over a newly formed player in a fast-growing and capital-hungry field, after months of groundwork and a staged investment. The move follows a…
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Azad Engineering shares jump 10% as company expands GE Vernova’s manufacturing footprint
Azad Engineering shares jumped after the company inaugurated two dedicated lean manufacturing facilities for GE Vernova’s Gas Power business in Hyderabad, expanding its dedicated manufacturing footprint for the global energy major to three facilities.
