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Gujarat
312 posts
Schneider Electric Infrastructure (SCHNEIDER) shares fall 3.5% despite new factory expansion: What will November results reveal?
Schneider Electric Infrastructure Limited has approved a ₹211 crore manufacturing expansion in Kolkata to increase vacuum interrupter capacity and add circuit breaker production capabilities. The investment supports growing electricity infrastructure and export opportunities, but a 70% decline in first-quarter profit and continued share-price weakness have shifted attention towards margins, capital efficiency and the company's upcoming quarterly results.
Senores Pharmaceuticals (SENORES) targets 3.2bn annual manufacturing units, yet 50% to 70% utilisation raises a bigger question
Senores Pharmaceuticals Limited has announced ₹43 crore of manufacturing capacity investments across the United States and India, alongside quarterly revenue growth of nearly 25% and improved operating margins. However, the stock's 14.4% decline across two trading sessions has drawn attention to capacity utilisation, cash conversion and the company's ability to commercialise its growing pharmaceutical portfolio.
Adani Energy Solutions gets CCI approval for Rs 3,050cr IntelliSmart deal, but Rs 5,500cr rollout bill looms
India's competition regulator has approved Adani Energy Solutions' acquisition of IntelliSmart Infrastructure, advancing a deal that could create a smart metering portfolio exceeding 4.7 crore contracted meters. The transaction strengthens the group's position in electricity distribution digitalisation, although significant installation expenditure and integration requirements remain before the expanded portfolio can generate its expected returns.
ENGIE commissions 450 MW solar projects in India as Khaba and Khavda target 1 TWh annual generation
The French energy group has brought two utility-scale solar projects into operation, adding 450 MW of capacity while expanding into battery storage and hybrid electricity supply.
Greenply Industries announces Rs 125cr Sandila expansion as plywood capacity hits 98% utilisation and Q2 profit jumps 167%
Greenply Industries Limited has announced a ₹125 crore plywood manufacturing expansion in Uttar Pradesh after reporting a sharp improvement in quarterly profitability. With existing plywood capacity operating at nearly 98% utilisation and additional projects already under development, the investment supports its growth strategy, although a steep share-price decline following the results suggests investors are weighing the sustainability of earnings and future capital requirements.
PM-KISAN 24th instalment released: Rs 18,690cr sent to 9.34 crore farmers
India has released the 24th instalment of PM-KISAN, transferring more than ₹18,690 crore to approximately 9.34 crore farmers. The payment follows a decision to continue the income-support scheme through 2030-31, with a new five-year financial outlay of ₹3.15 lakh crore.
Petronet LNG plans 1mtpa propane sourcing tender for Rs 20,685cr Dahej petrochemical complex
India's leading LNG importer plans to seek long-term propane supplies for its integrated Dahej petrochemical development, expanding its potential sourcing options beyond the Middle East while construction advances towards the planned 2027-28 commissioning window.
SECI launches 4 GW battery storage tender for 16 GWh capacity in Rajasthan and Gujarat
The Solar Energy Corporation of India has invited competitive bids for 4,000 MW of standalone battery storage capable of delivering 16,000 MWh of energy, creating a major new procurement opportunity for developers and storage equipment suppliers.
Delectrik Systems and Bondada Engineering advance 120 MWh vanadium battery project in Gujarat
Delectrik Systems will supply vanadium flow battery technology for a Gujarat Industries Power Company project being executed with Bondada Engineering, providing a new test of long-duration energy storage at an existing gas-fired power station.
Bondada Engineering advances Rs 239.25cr Gujarat flow battery project with six-hour storage capacity
Bondada Engineering's accepted letter of intent for Gujarat Industries Power Company's 120 MWh vanadium redox flow battery project advances a six-hour storage investment, with construction and a decade of maintenance obligations determining its long-term economics.