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Elecon Engineering posts PAT of Rs 108 crore in Q4; order book rises to Rs 1,292 crore
Elecon Engineering Company has reported 26.4% fall in consolidated net profit to Rs 108 crore on a 6.5% decline in revenue to Rs 746 crore in Q4 FY26 as compared with Q4 FY25.
Elecon Engineering Company consolidated net profit declines 95.90% in the March 2026 quarter
Sales decline 6.51% to Rs 745.61 crore
HG Infra Engg wins ₹519-cr railways infra order from Mirzapur Thermal in UP
The project will be executed under an item rate/BOQ mode, with a total contract value of ₹519.33 crore, including taxes. The execution period for the project is 18 months. Shares of HG Infra Engineering Ltd ended at ₹553.90, up by ₹8.65, or 1.59%, on the BSE today, April 13.
Nuvama’s PE arm raises focus on manufacturing, invests ₹200 cr in Chennai-based Val-Met Engineering
Nuvama Private Equity has acquired a minority stake in Val-Met Engineering for ₹200 crore to capitalize on the aerospace and defence manufacturing boom. The investment aims to scale the specialized material supplier into a global player through tech upgrades and international acquisitions.
L&T targets nuclear energy, expects 3x revenues in 5 years
"L&T has been associated with India's nuclear programme since its inception and has supported technology development, manufacturing and localisation," Anil V Parab, whole-time director and senior executive vice president, heavy engineering & manufacturing, told ET. "We will continue to support the government's push to scale nuclear capacity from about 8.8 GW currently to 100 GW by 2047."
Enviro Infra wins two EPC contracts worth ₹972 crore for sewage projects
Enviro Infra Engineering wins two EPC contracts worth ₹972 crore to build sewage treatment plants and sewer networks under Swachh Bharat Mission Urban 2.0. Shares of Enviro Infra Engineering ended higher on Friday, April 10, by 1.25% at ₹173.15 on the NSE.
India’s nuclear push may create long-term opportunities for local engineering firms: PL Capital
Amit Anwani, Research Analyst at PL Capital says India’s localisation push in nuclear power will benefit domestic players like L&T and BHEL, though near-term Middle East risks and high valuations remain key concerns.
Mumbai-Bengaluru Air India flight makes emergency landing after PAN PAN call. What it means
An Air India flight from Mumbai to Bengaluru faced an engine issue mid-air. Pilots issued a PAN PAN call. The Airbus A320 Neo aircraft returned safely to Mumbai shortly after takeoff. This incident occurs amid ongoing scrutiny of Air India's safety and engineering standards. The airline's CEO also stepped down this week.
Suratwwala Business Group arm wins 15 MWAC solar project
From Bondada Engineering
RITES' order from NALCO revised upward to ₹118.89 crore
The letter of award amendment relates to detailed engineering and PMC services for the construction of a railway siding at Sankerjang in phase-I of the Utkal-D coal mines project. Shares of RITES Limited closed at ₹200.75 on April 8, gaining ₹9.01 or 4.70%.
Three railway stocks that should be on your radar for Kavach updates
Companies linked to the Kavach ecosystem are already seeing strong traction. HBL Engineering reported orders worth ₹1,375.36 crore during the quarter for Kavach equipment. KEC International had earlier indicated that it secured three TCAS orders year-to-date in partnership with its JV partner.
Vikran Engineering Secures MSEDCL Power Projects | Great Eastern Shipping Sells Tanker Vessel | Top Buzzing Stocks Today - Equitymaster
Vikran Engineering Secures MSEDCL Power Projects | Great Eastern Shipping Sells Tanker Vessel | Top Buzzing Stocks TodayEquitymaster