The factory had been shut since April 29, 2025, following a fire and explosion at the solid propellant mixing building, which resulted in three fatalities and left six others injured.
The company said that it has sold off 13.18% stake in Yes Bank to Japanese giant Sumitomo Mitsui Banking Corporation (SMBC).
The contract, placed by a domestic entity, falls under the manufacturing category and requires Avantel to furnish a performance bank guarantee of 3%.
Here are some of the stocks that may see significant price movement today: Bandhan Bank, Biocon, Poonawalla Fincorp, etc.
Debt saw a modest inflow of INR 2.4 bn, while hybrids posted a small outflow of INR 0.5 bn. The turnaround reflects improved sentiment toward Indian equities.
Imports were lower in August than in July; but exports to the US were also impacted in the current month
The order received is about 20% of the company’s overall market value of ₹2,500 Crore. The project will be spread across four districts.
The contracts cover Distribution SCADA systems and Dynamic Reactive Power Compensation devices.
As part of the agreement, Dixon will acquire ₹427.99 crore worth of shares from Q Technology (Singapore) Pvt Ltd and Kunshan Q Technology International Ltd.
The company’s board has granted approval to issue 3.31 Crore shares to the promoter, Rising Sun Holdings Pvt. Ltd. The per share value for this fund infusion was ₹452.51.

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