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Power Mech Projects consolidated net profit rises 21.59% in the March 2026 quarter
Sales rise 13.89% to Rs 2110.73 crore
Nods for Rs 30,000 crore shipbuilding cluster in Andhra Pradesh this month: Minister Sonowal
India plans a major shipbuilding cluster in Andhra Pradesh with ₹30,000 crore investment. This move aims to boost the Indian fleet size. Projects for West Bengal's waterways and ports are also set to accelerate. India has repatriated over 3,000 seafarers due to West Asia disruptions. Shipping services to alternate ports have significantly increased.
West Asia conflict fails to slow oil PSUs' capex push
Indian oil companies are pushing ahead with major expansion and clean energy projects. Indian Oil Corporation plans significant investments in refining and renewable energy. Bharat Petroleum Corporation Limited is also allocating substantial funds for refining and marketing. Hindustan Petroleum Corporation Limited's capital expenditure is expected to be slightly lower. These companies are focused on growth and energy transition.
RPSG, Inox, Hexa bid for Enel's renewable energy projects in India
The three firms submitted their bids last week in the ₹3,000 crore enterprise value range for Enel's India business comprising renewable energy generation projects with a potential capacity of 2.5 gigawatts, the people said. The bids were preceded by a six-week period of due diligence during which the Indian suitors were given access to the assets of Enel Green Power India Pvt Ltd.
HCL Tech Warns 43% Enterprise AI Initiatives May Fail, Leaders Facing Shrinking Timelines
HCLTech warns 43% of enterprise AI projects may fail despite rapid adoption growth.
Adani, Reliance, Lodha, JSW bid for 206-acre Mumbai redevelopment projects
Leading real estate firms are vying to redevelop three large housing colonies in Mumbai. These projects span prime areas like Worli, Bandra Reclamation, and Andheri West. The Maharashtra Housing and Area Development Authority is overseeing the process. This initiative aims to upgrade living standards for residents in older colonies. It promises modern housing and improved urban infrastructure for thousands.
HG Infra removes ₹4,142 crore MSRDC EPC projects from order book pending MSRDC clarity
Shares of HG Infra Engineering Ltd ended at ₹592.00, down by ₹6.85, or 1.14%, on the BSE.
Sanghvi Movers Q4 profit jumps 28% as demand for cranes and wind projects stays strong
Sanghvi Movers Ltd reported a 27.8% year-on-year rise in consolidated net profit for the fourth quarter ended March 2026 at ₹68.8 crore, compared with ₹53.8 crore in the corresponding quarter last year.
ATV Projects India standalone net profit declines 19.84% in the March 2026 quarter
Sales rise 13.05% to Rs 20.10 crore
India needs $10-15 billion worth land parcels in five years to set up solar, wind energy projects: Colliers
India needs substantial land for renewable energy expansion. By 2030, approximately 7 lakh acres will be required for solar and wind projects. This land acquisition is estimated to cost between USD 10 to 15 billion. The country is set to significantly increase its renewable energy capacity, driving investment and development across various sectors.
Nomura highlights the one stock to play the EMS theme, projects 30% upside
At 28 times its financial year 2029 estimated Earnings Per Share, Avalon Tech's current valuations are "attractive" as per Nomura.
BEL shares drop over 2% after Q4 results: What are Goldman Sachs and Nomura saying?
BEL shares fell up to 2.3% to Rs 413 despite the defence PSU reporting a 5% year-on-year rise in Q4FY26 consolidated net profit to Rs 2,226 crore. Revenue from operations grew 11% to Rs 10,224 crore, supported by continued execution of defence projects and operational growth. Total income also increased around 11% to Rs 10,335 crore during the quarter.