A number of infrastructure, railways, and engineering stocks are likely to be active today on the back of fresh project wins and strategic updates.
Ircon International has been awarded a ₹127.8 crore contract by the North Western Railway for signalling and telecom work, reinforcing its strong order book from Indian Railways.
Ashoka Buildcon emerged as the L-1 bidder for a ₹569 crore project from Central Railway. In a separate move, the company also sold its entire stake in 16 wholly owned subsidiaries to Unique Hybrid Renewables Energy Pvt Ltd.
NHPC announced the commissioning of part capacity of its 300 MW solar power project in Rajasthan, a development aligned with India’s renewable energy targets.
Prataap Snacks was in the news after the shareholding pattern revealed that seasoned investor Madhusudan Kela now holds a 4.61% stake in the company. This stake addition is likely to boost investor sentiment.
Ahluwalia Contracts bagged a new order worth ₹396.5 crore (excluding GST) from Godrej Properties, further adding to its real estate project pipeline.
KPIT Technologies confirmed it has invested €1.37 million in its Tunisian subsidiary KPIT Engineering SUARL. The company clarified that the investment will not impact consolidated financials, as the Tunisia arm serves a single customer.
Transrail Lighting secured new domestic orders worth ₹1,085 crore, reflecting continued demand in the power transmission and EPC space.
Disclaimer: The above information is based on company filings and regulatory disclosures. Investors are advised to consult a licensed financial advisor before taking investment decisions.
