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Showing posts from March, 2025

BEML Signs MoUs with Siemens India & Dragflow Italy; Stock Rises Over 6%

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  Summary: BEML Limited has entered into two strategic agreements to expand its presence in rail transport and dredging solutions : 1️⃣ MoU with Siemens India → To explore semi-high-speed, suburban, metro, and commuter rail opportunities . 2️⃣ MoU with Dragflow S.R.L., Italy → To strengthen indigenous dredging solutions. 📈 Stock Performance: BEML's stock rose above 6 % , surging to ₹2,641.10 from the previous close. Previous Close : ₹ 2,490.10 📊 Key Data Points: ✔ Rail MoU: Siemens India – Semi-high-speed, suburban, metro, and commuter trains. ✔ Dredging MoU: Dragflow Italy – Strengthening local dredging technology. ✔ Stock Movement: Surged over 6% post-announcement. About the Company Incorporated in 2000 with headquarters in Chennai SEPC Limited provides end-to-end solutions to engineering challenges offering multi-disciplinary design, engineering, procurement, construction and project management services. Disclaimer: The information provided on Bharat Stock Ne...

SWELECT Secures 150 MW Solar Module Orders & Raises ₹290 Crore; Stock Hits 5% Upper Circuit

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Summary: SWELECT Energy Systems Limited has secured orders exceeding 150 MW for its high-efficiency TOPCon Bi-facial solar PV modules . The company has also raised ₹290 crore through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited . The funds will be reinvested to scale up SWELECT’s Independent Power Producer (IPP) portfolio to 1 GW by 2026-27 . Stock Performance: SWELECT Energy Systems Limited  's stock hit the 5 % upper circuit , surging to ₹545.50 from the previous close. Previous Close: ₹519.55 Key Data Points: ✔ Order Secured: 150 MW of solar modules. ✔ Fundraising Amount: ₹290 crores. ✔ Application of Funds: To  reinvest to scale up SWELECT’s IPP portfolio to 1 GW by 2026-27. About the Company Established in 1984, SWELECT Energy Systems Limited is a leading solar power solutions company with a robust presence in the global energy market. SWELECT specializes in the manufacturing of solar photovoltaic (PV) modules,...

Kalana Ispat Acquires Land for Rolling Mill Setup; Stock rises near 13%

Summary: Kalana Ispat Limited has announced the acquisition of 9092.420 square meters of land in Khegariya, Taluka-Viramgam, Ahmedabad , for setting up a new rolling mill . The Board of Directors approved the purchase in their meeting on March 12, 2025 , for a total consideration of ₹49 lakh . This move aligns with the company’s expansion plans outlined in its prospectus dated September 12, 2024 . Stock Performance: Kalana Ispat Limited's stock rose nearly 13% , surging to ₹48.90 from the previous close. Previous Close ₹43.45 Key Data Points: Land Size: 9092.420 square meters. Location: Khegariya, Taluka-Viramgam, Ahmedabad. Purchase Cost: ₹49,00,000 (₹49 lakh). Purpose: Setting up a rolling mill for enhanced production capacity. About the Company Incorporated in October 2012, Kalana Ispat Limited primarily manufactures M.S. Billets and Alloy Steel Billets of various grades Disclaimer: The information provided on Bharat Stock News is for educational and infor...

SEPC Signs Framework Agreement with ROSHN Group; Stock Hits 20% Upper Circuit

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 Summary SEPC has signed a Framework Agreement with M/s ROSHN Group Company, Riyadh, Saudi Arabia (KSA) for infrastructure works in the country. The company has bid for three zones in Jeddah North, Phase 1A , with a total project value of SAR 893 million (approx. ₹2,200 crores) . Following the agreement, Call-off Orders can be expected for at least one of the three zones. Stock Performance: SEPC's stock hit the 20% upper circuit , surging to ₹15.36 from the previous close. Previous Close  ₹ 12.78 Key Data Points: Project Location: Jeddah North, Phase 1A, Saudi Arabia. Project Value: SAR 893 million (₹2,200 crores). Expected Orders: Minimum of one zone out of three. About the Company Incorporated in 2000 with headquarters in Chennai  SEPC Limited provides end-to-end solutions to engineering challenges offering multi-disciplinary design, engineering, procurement, construction and project management services. Disclaimer: The information provided on Bharat Stock...