Buzzing stocks: Welspun Corp, Leapfrog, Rane (Madras), Niva Bupa, RailTel Corp, Walchandnagar, KIMS
Key stock updates: Welspun Corp’s historic order, Leapfrog’s PLC contract, and significant moves by Rane, Niva Bupa, and others
Welspun Corp Ltd has secured a record-breaking $1.8 billion (₹17,200 crore) order for pipes from its US manufacturing facility. Leapfrog Engineering Services Ltd received a $336,738.90 order for PLC panels from Trane Technologies, US Inc. Rane (Madras) Ltd completed the acquisition of Hindustan Composites' friction business. Sanathan Textiles doubled its technical textiles yarn capacity to 18,000 MTPA.
Niva Bupa Health Insurance Company received a regulatory order from the IRDAI. Ruby Mills sold its commercial premises for ₹124.08 crore. Walchandnagar Industries received a ₹30.53 crore order from VSSC for India's Gaganyaan program. TPL Plastech commenced manufacturing intermediate bulk containers in Bhuj, Gujarat. Diamond Power Infrastructure Ltd commissioned a copper wire drawing and cable manufacturing line.
Chambal Fertilisers and Chemicals Ltd started commercial production of technical ammonium nitrate. RailTel Corporation of India received an order from Western Coalfields Ltd for an MPLS VPN network. Krishna Institute of Medical Sciences entered into an operations and management agreement.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
