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Railway stocks to be in focus as FM Sitharaman reviews capex plan
The Finance Minister emphasised the need for the ministry to meet the capex target for the fiscal year 2024-25 within a set timeframe, building on the progress made in the first 100 days of the Modi government. Read more
Texmaco Rail reports 183% surge in Q1 net profit to Rs 357.3 million
In a strategic move, Texmaco Rail announced plans to acquire Jindal Rail Infrastructure for approximately Rs 6.15 billion.Read more
Texmaco Rail acquires Jindal Rail Infra for Rs 6.15 billion
This acquisition, the largest in India’s rolling stock industry, will significantly enhance Texmaco’s manufacturing capacity, establishing it as the country's largest wagon producer.Read more
Dixon Technologies signs MoU with Acerpure for consumer appliance manufacturing
Acerpure is involved in the trade, import, and export of consumer durables, home appliances, peripherals, accessories, components, parts, and related services.Read more
Titagarh Rail Systems to develop driverless metro trains
A critical supplier to Indian Railways, it currently produces 1,000 wagons a month.Read more
PTC Industries' stock soars 10% on strategic titanium parts pact with Dassault Aviation
The purchase agreement solidifies a commitment from Aerolloy to manufacture a comprehensive range of titanium castings for the Rafale multirole fighter aircraft and the Falcon business jet program, starting from the year 2024.Read more
Jupiter Wagons secures Rs 1,617 cr Rail Contract for 4,000 BOXNS Wagons
Jupiter Group, the parent company, specialises in manufacturing railway wagons, components for passenger coaches, and alloy steel casting for rolling stocks and tracks.Read more
ARAPL signs $1.5 million with a leading American company, stocks high
In the past year alone, Affordable Robotic & Automation?s (ARAPL) stock has soared by an astounding 391.25%, solidifying its position as a true multibagger stock.Read more
Nitiraj Engineers? drone innovation soars high
Nitiraj Engineers Ltd brings in the drone revolution with four groundbreaking drone models: Precision Farming Drone, GIS Mapping and Aerial Survey Drone, Remote Cargo Transportation Drone and Defence High-Altitude Unmanned Aerial Vehicle (UAV)Read more
Looking beyond cobalt, Sandvik receives funds for research
Stockholm headquartered engineering group, Sandvik has received funding to investigate if it is possible to replace cobalt in the company’s rock drill bits by its research team. For years, industry experts have been trying to find a solution for replacing or decreasing the use of cobalt in the company’s rock drill bits.Read more