Cap, Goods Eng & Infra Sector

Gensol Engineering, was the successful bidder for Gujarat Urja Vikas Nigam Ltd's standalone battery energy storage systems project.

Following this share transaction, the selling shareholder will have a 60-day lock-up for future sales, subject to certain exclusions.

In the fourth quarter of 2024, IRB Infrastructure Developers' net profit increased by 45.1% to ₹188.9 Crore compared to the previous year.

The order's execution timeframe includes the supply of unit-1 within 35 months and unit-2 within 41 months.

The company's revenue from operations climbed by 27.2% to ₹2,061.2 Crore, up from ₹1,620 Crore the previous fiscal year.

Earlier this week, on Monday, the company received a letter of acceptance worth ₹148.26 Crore from SER HQELECTRICAL/South Eastern Railway.

L&T Valves is one of Saudi Arabia's major suppliers of on-off valves, according to the company’s filing with the bourses.

During the year, international orders were ₹1.63 lakh Crore, accounting for 54% of overall order inflow, with GCC nations experiencing stronger ordering momentum.

In March, IRCON International was granted a letter of award (LoA) by the National Highways & Infrastructure Development Corporation (NHIDCL).

Analysts of IIFL Capital Services remain positive on UltraTech, Dalmia Bharat and JK Lakshmi.