Stock News and Filings Feed
Titagarh Wagons has received an order from the Indian Navy to build two fuel barges, the company said in an exchange filing. It did not disclose the financial details of the order. The Indian supplier of wagons and freight cars also said it has been accredited through registration with the Ministry of Defence (Navy) to build non-weapon platforms of up to 120 meter length, and yardcraft of all types.
Benchmark indices languished in negative zone in early afternoon trade. At 12:18 IST, the barometer index, the S&P BSE Sensex, was down 127.56 points or 0.48% at 26,619.62. The Nifty 50 index was currently down 51.40 points or 0.62% at 8,210.35. Data over the weekend showing decline in the industrial production in October weighed on market sentiment.
OM Metals Infraprojects surged 5.45% to Rs 46.45 at 11:00 IST on BSE after the company announced that Food Corporation of India has issued letter of award to the company.
Om Metals Infraprojects Ltd informed the exchange that the company has received Letter of Award (LOA) from Food Corporation of India (FCI), allowing concession for a period of 30 years at four locations.
FCI has issued letter of award (LOA) to the company for development /construction of silos of 50000 metric tons capacity on design, build, finance, operate and own (DBFOO) basis.
ICICI Bank | SBI | Central Bank of India | Bank of Baroda | Siemens | DLF | Quess Corp | UPL | IRB Infrastructure | Axis Bank | IFCI | Lanco Infratech | Jagran Prakashan | Titagarh Wagons | Maithan Alloys | DB Realty | NMDC and Jaiprakash Power are stocks, which are in the news today.
Om Metals Infraprojects Limited has informed the stock exchanges that the Company has been awarded a works contract for Hydro Mechanical works package for modernization and renovation of Baira Siul hydroelectric power station.
Key benchmark indices hovered in a narrow range in mid-morning trade. At 11:15 IST, the barometer index, the S&P BSE Sensex, was up 117.76 points or 0.45% at 26,466.86. The Nifty 50 index was up 36.25 points or 0.45% at 8,165. Positive leads from Asian markets and overnight rally on the Wall Street boosted investors sentiment in the domestic market.
Tata Power Company announced that its strategic engineering division, Tata Power SED won a prestigious order from Ministry of Defence for supply of Command post and launcher of Pinaka multi rocket launcher system of one regiment to Indian Army. The announcement was made after market hours yesterday, 5 December 2016.
Bank of India | JM Financial | Torrent Power | OM Metals Infraprojects | Pranavaditya Spinning Mills | Future Enterprises | Tata Power | Quick Heal | Canara Bank | Dabur | Goa Carbon | Oracle Financial Services Software and Lupin are stocks, which are in news today.
Om Metals Infraprojects has received a work contract, valued at ₹19.91 crore, for modernisation and renovation of Baira Siul Hydro Electric Power Station in Himachal Pradesh by NHPC. It has to be executed in 28 months. Analysts will keep a close watch on the company, which is engaged in the manufacture of heavy engineering, construction equipment, execution of turnkey projects and other infra projects.