News Overview

The sharp increase in the recent order pipeline was driven by various project wins, such as a 1 GWh BESS for state-owned SJVN Ltd., as well as customers orders.

The selection was based on an open tender process done by RailTel a "Miniratna", central PSU under Ministry of Railways.

These segments require heavy-duty pipes, such as 24-inch lines, which Welspun was previously unable to manufacture but will now be able to with the new capacity.

The partnership is built to meet customer demand to rationalize their agentic automation initiatives and achieve enterprise scale digital transformation

The acquisition is priced at $7.50 per share and will be completed in cash within 60 days, subject to regulatory approvals

The total exit value for both South Korean automakers stands at nearly ₹690 crore.

NMDC's total iron ore sales in May 2025 were at 4.34 MT, against 2.82 MT in May 2024.

The transaction is estimated at around ₹160 crore (which translates into USD 18.8 million).

The first contract will be executed on engineering, procurement and construction (EPC) basis under the Rajasthan Rural Water Supply and Fluorosis Mitigation Project Phase II, Package 1.

Top losers in Nifty include Adani Ports, Bajaj Finserv, Coal India, Adani Enterpris.