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MTAR Technologies Q4 Results: Profit soars over 200% to Rs 44 crore; revenue up 67%
MTAR Technologies reported a sharp rise in March-quarter earnings as strong revenue growth and improved operating efficiency boosted profitability. The precision engineering company benefited from higher product sales and expanding opportunities across clean energy, aerospace, defence, and strategic manufacturing sectors.
GHV Infra gains on bagging 630 million EPC contract for Cameroon tyre plant
GHV Infra Projects rose 1.95% to Rs 269 after it has secured an engineering, procurement and construction (EPC) contract worth 630 million (around Rs 7,000 crore) from Cameroon Tyres Factory Project SA.
Bharat Forge acquires 30% stake in Fortuna Engineering
Consequent to the above, Fortuna Engineering has now become the Associate Company of Bharat Forge.
Cold-rolled formed engineering solution slashes mining scrap by 80 pc, cut costs by 10-20 pc:Experts
Cold-rolled formed engineering solutions are revolutionizing the mining sector by significantly reducing waste, with experts highlighting up to an 80% decrease in scrap generation. This precision-driven process minimizes material loss, lowers costs, and enhances long-term performance. The technology also improves corrosion resistance and coating retention, leading to extended service life and reduced maintenance expenses.
Stock Alert: Wockhardt, Jindal Stainless, Petronet LNG, Manappuram Finance, Aarti Industries
Larsen & Toubro, Mahindra and Mahindra, Punjab National Bank, Marico, Hero Motocorp, Lloyds Metals and Energy, SRF, Coforge, United Breweries, Poonawalla Fincorp, Ajanta Pharma, Emcure Pharmaceuticals, Aadhar Housing Finance, Gallantt Ispat, Jammu and Kashmir Bank, Voltamp Transformers, AAVAS Financiers, Lloyds Engineering Works, Alkyl Amines Chemicals, SJS Enterprises, Shilchar Technologies, GNG Electronics, Gujarat Heavy Chemicals, Aeroflex Industries, Shanthi Gears, Shoppers Stop, Dalmia Bharat Sugar and Industries, Cigniti Technologies, Raymond Realty, Raymond, Shipping Corporation of India Land and Assets, PTC India Financial Services, Spandana Sphoorty Financial, Dolphin Offshore Enterprises (India), CFF Fluid Control, DCW, Automobile Corporation of Goa (ACGL), Paushak, Mafatlal Industries, B Right Realestate, Kothari Petrochem, Foseco Crucible (India), Sutlej Textiles and Industries, Primo Chemicals, Onward Technologies, Kriti Nutrients, Jenburkt Pharma, Kriti Industries ..
GE Vernova gets order to supply 9 pumped storage units in India
GE Vernova will supply nine pumped-storage units for Megha Engineering & Infrastructures Limited's Upper Sileru hydropower plant in Andhra Pradesh. This 1.35-gigawatt project, expected by 2030, will be one of India's largest. Pumped storage is vital for grid stability and balancing renewable energy. GE Vernova's work includes design, manufacturing, and commissioning of the units and control systems.
Bharat Forge to acquire 30% stake in Fortuna Engineering for ₹130 crore
Bharat Forge to buy 30 percent of Fortuna Engineering for 129.60 crore in cash, with an option to raise its stake to 50 percent plus 1 share, to boost machining capabilities
Unimech signs definitive agreements to acquire Hobel Bellows
Bengaluru based Unimech Aerospace and Manufacturing Limited has signed agreements to acquire Hobel Bellows. Hobel Bellows is a specialised Indian manufacturer of metallic bellows and flexible tubing components. This acquisition is a significant step for Unimech to build a globally competitive precision engineering platform.
Unimech signs deal to acquire Hobel Bellows for Rs 450 crore
Unimech Aerospace and Manufacturing Limited is acquiring Hobel Bellows for Rs 450 crore. This strategic move will boost Unimech's manufacturing power. It will also expand its reach into important industrial areas. The deal aims to transform Unimech into a global precision engineering leader. Hobel Bellows is a specialized Indian maker of metallic bellows and engineered parts.
Stock market today: Trade setup for Nifty 50, US-Iran war to gold, silver, crude oil rates; eight stocks to buy or sell
Stock market today: Experts have recommended these eight stocks to buy today —Bharat Forge, Timken India, ONGC, NTPC, Hindustan Zinc, HBL Engineering, ABB India, and Quality Power
Omnitech Engineering IPO sails through on Day 3: Check subscription status, GMP and other key details
The Omnitech Engineering IPO saw moderate demand, achieving 1.20 times subscription by the end of bidding. Employee interest was strong, with 4.47 times oversubscription. Listing is expected on March 5, with a grey market premium indicating a potential rise in share price.
Omnitech Engineering's ₹583-crore IPO opens today: Should you subscribe?
Omnitech Engineering is a precision engineering company engaged in manufacturing high-precision, safety-critical components and assemblies for global OEMs across the energy, motion control and automation, and industrial equipment systems sectors. It competes with listed peers such as Azad Engineering, Unimech Aerospace and Manufacturing, PTC Industries, MTAR Technologies, and Dynamatic Technologies.