Buzzing stocks: Tata Motors, TVS Holdings, Basel Projects, HCL Technologies, Global Infra, Sigma Adanced, Highway Infra, Genus Power, Gabion Tech
Global deal moves and fresh orders boost infra, tech, and defense manufacturing activity across Tata Motors, HCL Tech, Sigma Advanced, and more.
Tata Motors has secured shareholder approval for its €3.91-billion takeover of Italian truckmaker Iveco, marking a significant milestone in its global commercial-vehicle group ambitions. Meanwhile, TVS Holdings has approved the sale of 3.74% of its stake in the company to existing promoter group members. HCL Technologies has acquired a 100% stake in Robotic Process Automation d.o.o., expanding its presence in the European robotic process automation sector.
Sigma Advanced Systems secured a major order for Base Bleed Units worth $102.23 million, further strengthening its defense manufacturing capabilities.
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