Market News
Stay updated with the latest market trends, earnings, and economic indicators.
KMEW acquires 15 acres prime waterfront land at Saphale, Maharashtra
Knowledge Marine & Engineering Works (KMEW) announced the acquisition of ~15 acres of prime waterfront land (with an additional 5-acre expansion option) at Saphale, Palghar, Maharashtra. Executed through its subsidiary, Knowledge Shipyard, the acquisition marks a pivotal step in KMEW's evolution into a technology-driven, sustainable shipbuilding enterprise.
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.
HG Infra Engineering sells 100% stake in subsidiary for ₹282 crore
The company transferred its 100% equity stake in HG Raipur Visakhapatnam OD-6 Private Ltd to Neo Infra Income Opportunities Fund. Shares of HG Infra Engineering Ltd ended at ₹606.50, down by ₹11.50, or 1.86%, on the BSE today, April 23.
L&T Tech Q4 Results: Profit jumps 24% YoY to Rs 347 crore; co declares Rs 40 dividend
L&T Technology Services posted strong profit growth with improved margins, driven by portfolio restructuring and focus on high value engineering and ai services, alongside steady deal wins and stable demand across segments
G R Infra bags Rs 413-cr EPC order from NTPC
G R Infraprojects announced that it has secured an engineering, procurement and construction (EPC) contract from NTPC for Battery Energy Storage System (BESS) implementation.
Singapore Airlines deepens role at Air India amid record losses
Singapore Airlines is taking a more hands-on role at Air India. The carrier is placing its executives in key operational areas like flight and engineering. This move comes as Air India faces significant financial losses and safety issues. Tata Group, the majority owner, is focusing on other business functions.
Stocks to buy or sell: Osho Krishan of Angel One suggests buying Triveni Engineering, PCBL shares to buy - 23 April 2026 - Mint
Stocks to buy or sell: Osho Krishan of Angel One suggests buying Triveni Engineering, PCBL shares to buy - 23 April 2026Mint
Market Trading Guide: Buy Adani Green and HBL Engineering on Thursday for gains up to 16%
Nifty 50 ended lower, breaking its winning streak amid IT and FMCG weakness. Technical indicators show mixed signals with bearish bias short term. Analysts highlight support levels and recommend selective buying in Adani Green Energy and HBL Engineering.
Vedanta upside intact over 2–5 years; midcap IT better placed than large peers: Deven Choksey
Deven Choksey, MD of DRChoksey Finserv Private Limited, says IT remains in transition as large players shift toward AI-led, outcome-based models, while mid-tier firms like Persistent and Tata Elxsi stay better placed. He sees housing finance improving on write-backs and growth, and remains positive on AMCs amid rising AUM flows. Insurance growth stays steady, while engineering names face margin volatility. On Vedanta, he believes the demerger keeps the 2–5-year value story intact.
Devang Mehta bets on capex, power themes; sees retail recovery, cautious on IT
Devang Mehta, Deputy Managing Director & CIO - Equity NDPMS, Spark Private Wealth Management, said consumption trends are improving with demand and margins showing recovery across companies, making the sector worth tracking over the medium term. He highlighted earnings visibility in engineering, power and financial segments, supported by order books and flows. He also pointed to opportunities in market-linked businesses, while noting that growth visibility remains uneven across sectors. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Q4 Results Today Live: Tejas Networks Net Loss Widens; HDB Financial Profit Surges, Declares Dividend
Major companies include HDB Financial Services, ICICI Lombard GIC, Elecon Engineering, Reliance Industrial Infrastructure and Tejas Networks.
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.