Market Commentary - Stock Alert
Wipro, NTPC, RITES, KEC International at centrestage As on : 13-Sep-23  08:41

Wipro: Wipro Holdings (UK) Limited (wholly-owned subsidiary) has transferred 100% shareholding in Wipro 4C NV (step-down subsidiary) to Wipro IT Services UK Societas (wholly-owned subsidiary), effective 12 September 2023.

NTPC: Based on achievement of approved norms and due approvals, Unit-1 of 800 MW capacity of Stage-I (2 x 800 MW) of Telangana Super Thermal Power Project, has successfully completed trial operation and consequently included in the installed capacity of NTPC. With this, installed capacity of NTPC and NTPC group has become 57838 MW and 73824 MW respectively.

RITES: RITES signed a Memorandum of Understanding (MoU) with Caminho De Ferro De Mo??medes (CFM) Angola for cooperation in the development of Railways and related infrastructure, including the supply of rolling stock.

KEC International: The infrastructure EPC major secured new orders of Rs 1,012 crore across its various businesses. With these orders, the company's YTD order intake stands at a record level of over Rs. 6,500 crores.

GE Power India: The company has received a purchase order for NOX Reduction order at Vedanta, Lanjigarh CGPP unit 3 x 30 MW. The base value of order is Rs 25 crores.

Waaree Renewable Technologies: The company has received a letter of intent for Engineering, Procurement and Construction (EPC) services in respect of setting up of a solar power project of 52.6 MWp capacity.

Powered by Capital Market - Live News