Stocks in News Today : 12 Feb 2025

!H.G. Infra Engineering in association with D.E.C. Infrastructure and Projects (India) has received the letter of acceptance (LoA) from Rail Land Development Authority (RLDA). The estimated project cost is Rs 2469.00 crore for the construction period of 45 months. The order is for the Redevelopment of New Delhi Railway Station and construction of associated Infrastructure on Engineering, Procurement and Construction (EPC) Mode.

DLM has secured production contract from Boeing Global Services (BGS) for precision-machined parts and assemblies. This precision machining project award to Cyient DLM by BGS, highlights Cyient DLM’s growing capabilities in delivering high-precision components to the aerospace sector. Nibe has entered into a Licensing Agreements with Research & Development Establishment (Engrs), Pune (ii) Pune Research & Development Organisation (DRDO), Ministry of Defence, Government of India for Transfer of Technology to manufacture and sell 24m Mountain Foot Bridge for ATV Including its Launching Systems. Apollo Pipes has made further investment by acquiring an additional equity stake of 0.50% through a secondary purchase in Kisan Mouldings (KML), a subsidiary of the Company. The cost of acquisition is approximately Rs 2.58 crore. (TVSM) will set up a global capability center in Karnataka, expand its production and engineering capabilities in Mysuru, build a test track and set-up new company office infrastructure in the state. TVSM signed a Memorandum of Understanding with the Government of Karnataka to invest Rs 2,000 crore in the state over the next 5 years. Note : make sure to follow risk management and position sizing at all times