The industrial sector saw major contract wins, business expansions, and project completions.
Key Highlights
- MOIL: Implemented a price hike of 6.5%-10% (Positive).
- Zen Technologies: Completed the acquisition of ARI Labs and a majority stake in Applied Research International (Positive).
- Dalmia Bharat: Announced plans to add 6 MnTPA cement capacity in Maharashtra and Karnataka (Neutral).
- Ultratech Cement: Indicated strong growth potential in the cable and wire segment (Neutral).
- NTPC: Achieved a record 400 billion units (BU) of power generation in FY24-25 on March 1, 2025, 12 days earlier than last year’s mark (Positive).
With MOIL’s price hike and NTPC’s milestone achievement, the industrial sector continues to show positive momentum.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. Please consult with a financial expert before making any investment decisions.