JKB Financial Services Ltd.

As on : 23-Aug-2023

Market Commentary - Stock Alert
23-Aug-2023 08:08

TVS Supply Chain Solutions, BEML, Piramal Enterprises in focus

TVS Supply Chain Solutions: Shares of the company will debut on the bourses today, 23 August 2023. The issue price is Rs 197 per share.

BEML: BEML has bagged order from Ministry of Defence (Army) for supply of Command Post Vehicles with contract value of Rs. 101 crore approximately.

Piramal Enterprises: The board of directors approved the public issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures of face value of Rs 1,000 each for an amount aggregating up to Rs 3,000 crore in one or more tranches, through public issue, subject to regulatory and statutory approvals, as applicable.

RITES: RITES is the lowest bidder (L-1) in the tender floated by Railway Board. The estimated order value is approximately Rs. 65.4 crore. The contract is for testing and inspection of rails as per IRS T-12 2009 for Indian Railways.

NBCC (India): A Memorandum of Understanding (MoU) was signed between NBCC and DMRC to work together in the field of building & infrastructure development in overseas.

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