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KEC International jumped 4.17% to Rs 385.55 after the company said that it has secured new orders of Rs 1,147 crore across its various businesses.

The company is setting up a greenfield plywood manufacturing unit with the capacity of 13.5 million Sqm p.a. at district Sandila, Lucknow, U.P.

A Memorandum of Understanding (MoU) for the development of the 490 MW Arun-4 hydro electric project in Nepal has been signed in Lumbini, Nepal.

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Crude oil recovered to trade above $110 per barrel on continued worries over Russia-Ukraine war and cautious US equities. US stocks ended mixed on Monday after as some disappointing economic data from the U.S., Europe and China weighed on sentiment. WTI Crude currently trades down 0.41% at $111 per barrel as rising US rig count weighs on the market. The number of total active drilling […]

The acquisition will help the Company in its foray into the e-commerce and fintech space.

COMEX Copper gained slightly today amid steady cues from equities and mixed Chinese economic data. The industrial output in China fell 2.9% on year in April, the National Bureau of Statistics said on Monday after 5% fall in March. However, the countrys fixed asset investment was up 6.8% on year in April, down from 9.3% a month earlier. This capped losses for Copper after the […]

INR is likely to see cautious moves after falling to record lows beyond 77 per US dollar in NDF market yesterday. Local equities moved up in last session though and it could offer some support to the INR. The barometer index, S&P BSE Sensex was up 180.22 points or 0.34% at 52,973.84. The Nifty 50 index gained 60.15 points or 0.38% at 15,842.30. The barometers […]

With effect from 30 June 2022

Civil business has secured orders in the residential, hydrocarbon and data centre segments in India.