The management said the company's capacity utilization is currently at its peak and the factory order position is fully booked up to June 2025.
The board has given an approval for an investment of Rs 57.5 crore to set up the facility, which will primarily cater to electric vehicle (EV) market.
Shares of Geojit Financial Services hit a record high of Rs 154.60, after surging 14 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes.
The share of Welspun Enterprises soared after the company announced that its Board is scheduled to meet on September 5 to consider and approve the proposal of raising of funds.
The project is scheduled for completion within 18 months, the company said.
The Defence Acquisition Council (DAC) is likely to discuss proposals of mega projects worth around Rs 1.2 trillion for approval in a meeting scheduled for today.
The surge in Medplus Health shares came after the company announced that it has received a stay order against the suspension order of a store in Vikhroli, Maharashtra.
The surge in Aadhar Housing share came after Kotak Institutional Equities initiated coverage on the company with 'Buy' rating for a target price of Rs 550, marking an upside of 41%.
Recently, Allcargo Logistics has formed a bullish Bat pattern, which is a harmonic chart pattern known for indicating potential reversals.
For near-term traders, the optimal strategy is to book profits at current levels, given the proximity to resistance.
Brokerages see an upside of up to 23 per cent in Gujarat Gas stock as they believe that the restructuring of these Gujarat companies will simplify the existing layered structure.
Stock Market highlights: 27 out of 50 constituent stocks of Nifty50 ended higher, with gains led by Bajaj Finserv, Bajaj Finance, HCL Tech, Hero MotoCorp, and SBI Life Insurance
The stock price of Anup Engineering jumped after the company entered into a strategic manufacturing and supply agreement with Graham Corporation, a US based critical equipment firm
Atomoxetine is used for treating attention deficit hyperactivity disorder (ADHD) in adults and children over six years.
Share price of Techno Electric & Engineering scaled up to Rs 1700.70, surging 4.84 per cent per share on the BSE in Monday's intraday trade
Automaker Tata Motors saw an 8.1 per cent drop in total sales for August 2024, totaling 71,693 vehicles compared to 78,010 units in August 2023.
The rise in Dynacons Systems share price came after the company announced that it has bagged an order worth Rs 142.55 crore from Bank of Maharashtra.
CESC stock price surged up to 3.2 per cent at Rs 200.60 per share on the BSE in Monday's intraday trade
Fortis Healthcare's stock price today surged after the healthcare company said that it will buy the entire 31.52 per cent stake held by private equity investors in the material wholly owned subsidiary
Under the terms of the project, Centum Electronics will be providing Intersatellite Link & other Payload Subsystems to DRDO.