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Man Industries specializes in producing submerged arc welded carbon steel pipes with large diameters, making it a key player in the global line pipe market.

The company is also planning to invest ₹1,000 Crore this year to establish new facilities for fans, lights, freezers, and cables.

Investors with a very high-risk appetite who want to invest in special situations should invest in the JM Small Cap Fund for 7 or more years.

Revenue from operations also saw growth, rising by 10.9% to ₹1,301.5 Crore from ₹1,174.1 Crore in the corresponding period of the previous fiscal year

The alliance aims to provide convenience to EV customers by boosting the availability of EV chargers during long-distance and intercity travels.

The BSE midcap index decreased by 0.4%, while the smallcap index increased by 0.2%.

Meanwhile, state-owned Indian refiners have been turning to spot markets for Russian oil because they were unable to finalise term supplies for this year.

The fund-raising will be done through qualified institutions placement (QIP) or any other permissible modes and/or combinations.

According to a statement from Suzlon Group, the order would be carried out at two locations in Rajasthan and Gujarat.

The company saw an 18.3% increase in revenue compared to the same quarter last year (YoY).