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Stocks in news: Dr Reddy’s, Shilpa Medicare, Voltas, TCS, Tata Motors

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[hfe_template id='11223'] [ad_1] Domestic markets closed marginally lower last week, reflecting a consolidative tone amid mixed global cues. In today's trade, shares of Dr Reddy’s, Shilpa Medicare, Voltas, TCS, Tata Motors among others will be in focus due to various news developments. Zydus Life Zydus Lifesciences has received final approval from the US Food and Drug Administration (USFDA) to manufacture Eluxadoline Tablets, 75 mg and 100 mg. Galaxy Surfactants Speciality chemicals manufacturer Galaxy Surfactants it has declared an interim dividend of Rs 18 per equity share. KEC International KEC International informed the exchanges that it received an order worth Rs 1,267 crore. Shilpa Medicare The US FDA issued a form 483 with 0 observation for Raichur-based unit-2 of its arm Shilpa Pharma Lifesciences. Live Events Brigade Enterprises Real estate company Brigade Enterprises has launched its latest residential project, Brigade Eternia, in Yelahanka, Bengaluru. Tata...

KEC International shares in focus after securing new orders worth Rs 1,267 crore

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[hfe_template id='11223'] [ad_1] KEC International shares will be in focus on Monday after the company secured new orders worth Rs 1,267 crore, taking its total year-to-date order intake to Rs 23,300 crore. The global infrastructure EPC major has won contracts across various businesses. According to a regulatory filing dated March 15, KEC has received orders for supplying various types of cables and conductors in India and abroad. It has also secured Notification of Awards (NOAs) and a comfort letter for transmission and distribution (T&D) projects, including 800 kV HVDC and 765 kV transmission line orders from Power Grid Corporation of India (PGCIL) and the supply of towers, hardware, and poles in the Americas. Vimal Kejriwal, MD & CEO, KEC International Ltd, said, “We are delighted with the substantial orders secured in our T&D business, particularly in the prestigious HVDC and 765 kV segments from PGCIL for green energy evacuation.” “These wins have furthe...

KEC International shares jump 5% on winning orders worth Rs 1,423 crore

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[hfe_template id='11223'] [ad_1] KEC International’s shares surged 5% to Rs 1,039 in Friday’s trading session on the BSE, following the announcement of new orders worth Rs 1,423 crore. The contracts are for the design, supply, and installation of 380 kV transmission lines in Saudi Arabia. Vimal Kejriwal, MD & CEO of KEC International, said, "These orders in Saudi Arabia along with the earlier orders in UAE and Oman have further reinforced our leadership in the Middle East and substantially enhanced our international T&D order book. With these orders, our YTD order intake stands at over Rs 11,300 crores, an impressive growth of ~75% compared to last year.” In addition to these recent achievements, KEC International secured new orders worth Rs 1,079 crore last month for its T&D and cables segments. These include a 765 kV/400 kV transmission line project in India, 230/132 kV projects in Saudi Arabia and Oman, a 400 kV upgrade in the UAE, and supply contract...