Stock Alert: Power Mech, ArisInfra, STL Networks, Prestige Estates Projects
Shares of SAIL were banned from F&O trading on 30 September 2026.
Stocks to Watch:
Power Mech Projects has secured an order worth Rs 549.37 crore to provide complete operation and maintenance services at Adani Group?s 2x600 MW Moxie Power Generation Tuticorin TPP.
Ganesh Benzoplast has signed definitive agreements to sell its liquid storage tank and railway network businesses to Cisternina Logistics, a bulk liquid and gas storage and logistics platform that will be majority-owned by KKR, for Rs 1,154 crore.
KSB has received a significant export order worth up to Rs 118 crore from Dangote Projects Free Zone Enterprise for the supply of a boiler feed pump package, further strengthening its presence in the international fertiliser and energy sectors.
ArisInfra subsidiary Arisunitern RE Solutions has secured an order from Transcon Bellaviu Private Limited, an SPV of Transcon Group, to provide DaaS services for Transcon UNO, a residential project in Kalina, Mumbai, with an estimated gross development value of Rs 400 crore.
NLC India announced the incorporation of a joint venture company with National Aluminium Company (NALCO), with equal equity participation, to develop a 1,080 MW (4 x 270 MW) thermal captive power plant in phases to meet NALCO?s captive power requirements and explore options for long-term PPAs for its renewable energy requirements.
Ramco Cement has completed de-bottlenecking activities and enhanced its clinkerization capacity from 4.61 million tonnes per annum (MTPA) to 5.62 MTPA and its cement grinding capacity from 3.65 MTPA to 4.38 MTPA at its Jayanthipuram works in NTR, Andhra Pradesh. With this, the company?s clinkerization capacity stands at 16.95 MTPA, while its cement grinding capacity stands at 27.17 MTPA.
Prestige Estates Projects has completed two residential projects in Hyderabad, delivering 1,047 homes, including 928 residences at Prestige Clairemont and 119 villas at Bellagio. Meanwhile, Canada Pension Plan Investment Board (CPP Investments) has announced a Rs 3,000 crore investment in Prestige Hospitality Ventures (PHVL), the company?s hospitality platform. With this investment, CPP Investments will acquire an approximately 27 percent stake in PHVL, supporting the platform?s continued expansion.
Britannia Industries has approved the appointment and redesignation of N. Venkataraman, Whole-Time Director, as Deputy Managing Director of the company, effective October 1. The Board has also appointed Ramamurthy Jayaraman, Vice President ? Corporate Finance, as Chief Financial Officer of the company, effective October 1.
SBI Funds Management?s board has appointed Amol Joshi as Chief Financial Officer of the company, effective October 1, following the retirement of Inderjeet Ghuliani as Chief Financial Officer.
STL Networks has emerged as the L1 bidder for an order worth Rs 249.8 crore from RailTel Corporation of India for the deployment of a cloud infrastructure solution at RailTel?s Data Center and Disaster Recovery Site.
Powered by Capital Market - Live News