L&T ORDER
Vikram Solar bags 336 MW module supply order from L&T for Khavda solar project
Vikram Solar has secured a 336 MW module supply order from L&T Construction for the Khavda solar project in Gujarat. The company will supply its advanced Hypersol G12R modules, based on N-type technology, enhancing Balance-of-System efficiency and reducing the Levelized Cost of Energy. This project underscores Vikram Solar's commitment to excellence and harnessing the region's solar energy potential.
Vikram Solar shares zoom 7% after securing 336 MW module supply order from L&T
Vikram Solar's shares are set to gain attention following a significant 336 MW high-efficiency solar module order from Larsen & Toubro Construction. The modules, utilizing advanced Hypersol G12R N-type technology, will be deployed in Gujarat's Khavda Renewable Energy Park. This project is expected to improve efficiency and reduce the cost of solar energy.
Trump threatens Chicago with apocalyptic force and Pritzker calls him a 'wannabe dictator'
Donald Trump intensified his commitment to deploy National Guard and immigration officers to Chicago. He shared a parody image referencing 'Apocalypse Now'. This action drew criticism from Illinois Governor JB Pritzker, who labelled Trump a 'wannabe dictator'. Trump's post followed repeated threats to increase federal enforcement in Chicago. City and state leaders plan to sue the Trump administration.
You may be thinking the war finished on May 10, but no...: COAS Gen Dwivedi lauds calibrated response during Op Sindoor
General Upendra Dwivedi commended the Indian Army's strategic response during Operation Sindoor, initiated after the Pahalgam terror attack. He highlighted that the conflict with Pakistan extended beyond the May 10 ceasefire, involving crucial decisions and continuous strategic discussions. The operation showcased the army's synchronized actions and effective coordination across various departments, setting a new normal for future strategies.
Nisus Finance acquires majority stake in NCCCL in strategic management-led buyout
Nisus Finance Services, through Nisus Finance Projects LLP, has acquired a majority stake in New Consolidated Construction Company Ltd. (NCCCL) via a management-led buyout. The deal includes a Rs 70 crore primary growth capital infusion to strengthen NCCCL's balance sheet.
Shortage to scam: Fake fertilisers, pesticides flood farms - how much is China to blame?
With limited supply, a rise in agrochemical input demand has created fertile ground for counterfeit products, an issue further aggravated by China’s export restrictions, which were later relaxed, say experts.
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NCLT admits Canara Bank's insolvency plea against Supreme Infra's Highway SPV
The NCLT has accepted Canara Bank's insolvency petition against Supreme Best Value Kolhapur (Shiroli) Sangli Tollways Pvt Ltd due to a ₹347 crore default. The company, responsible for a road project in Maharashtra, faced delays and disputes with the PWD. The tribunal appointed an interim resolution professional, dismissing the company's arguments about pending arbitration and potential repayments.
Alstom to supply 39 driverless trainsets to Mumbai Metro Line 4
Alstom will supply 39 driverless Metropolis trainsets and a CBTC signalling system for Mumbai Metro Line 4 under a contract worth several hundred million euros, in partnership with Larsen & Toubro. The order, including five years of maintenance, will be executed under ‘Make in India’, with trains manufactured at Alstom’s Sri City facility and components produced across India.
Who is Harjinder Singh, the truck driver charged in Florida crash that killed three?
Harjinder Singh, an Indian immigrant, faces vehicular homicide charges in Florida after a fatal crash that killed three. Singh, who allegedly entered the U.S. illegally, had obtained commercial driver's licenses from California and Washington. The incident has ignited a political firestorm over immigration policies, driver vetting, and state licensing practices, prompting federal investigations and calls for visa suspensions.
Amit Anwani on why despite stretched valuations, HAL is still the top pick in defence
HAL remains a top pick despite stretched valuations, fueled by massive order book growth and strong CAGR potential over the next seven to eight years. Bharat Electronics and smaller private players like Data Patterns, Paras, and Astra Microwave are also poised for substantial profit growth due to their capabilities in defense electronics and promising order outlooks.
China can pull back 150 km and come back in 2–3 hours: Indian Army officer suggests continued vigil along LAC
Despite positive movement in Indo-China relations, Indian military remains vigilant. China's infrastructure along the LAC enables rapid troop redeployment. India faces a mobilisation time gap. Talks focus on de-escalation principles. Trust remains low despite stabilisation. New mechanisms aim to strengthen border management. India prioritises restoring patrolling rights. Direct flights between India and China will resume.
Safeguard import duties on steel could cripple auto, engineering, and construction sectors: GTRI
A three-year safeguard duty on steel imports, initiated by DGTR due to increased imports and declining domestic profits, faces strong opposition. GTRI's report suggests this duty could negatively impact auto, engineering, and construction sectors by raising input costs. Stakeholders argue that the duty will harm export competitiveness and create sourcing challenges, despite domestic steelmakers' profitability.
Russia's Lavrov message to Ukraine, wears USSR sweatshirt to Trump-Putin Alaska summit, signals war will continue
Russian Foreign Minister Sergey Lavrov wore a CCCP sweatshirt to the Trump-Putin summit in Alaska, symbolizing Soviet nostalgia amid Ukraine war negotiations. Experts view clothing choice as deliberate messaging, amid recently concluded high-stakes cease-fire talks at Joint Base Elmendorf-Richardson
L&T bags Rs 15,000 crore Adani Power order for 8 thermal plants of 800 MW each
Larsen & Toubro has secured an ultra-mega contract from Adani Power to establish eight thermal power units, each with 800 MW capacity, totaling 6,400 MW. L&T Energy - CarbonLite Solutions will handle the complete design, engineering, manufacturing, supply, and commissioning of Boiler-Turbine-Generator packages and associated systems.
L&T bags 'ultra mega' order from Adani Power for 6,400MW thermal power units
Larsen & Toubro (L&T) has been awarded a significant contract by Adani Power Ltd to establish eight thermal power units. These units will contribute a substantial 6,400 MW of new generation capacity. Adani Power entrusted L&T Energy – CarbonLite Solutions (LTECLS) with this project, involving the construction of eight 800 MW thermal units.
Bangladesh to buy 40,000 body cameras for February election
Bangladesh's Interim Government is set to procure 40,000 body-worn cameras for police to bolster security at polling booths during the upcoming February election. Authorities are in the final stages of procurement, aiming for delivery by October to allow for adequate training, including AI capabilities. An Election App is also planned to provide comprehensive election information to voters.
Israel plans to take over Gaza City to pressure Hamas. Worries rise for civilians and hostages
Amidst international concern, Israel plans to intensify its Gaza war by seizing Gaza City, a move Hamas dismisses. This operation, requiring troop mobilization and civilian evacuation, risks exacerbating the humanitarian crisis. Mediators propose a comprehensive hostage release for a ceasefire and Israeli withdrawal. Netanyahu envisions broader control over Gaza, despite criticism and potential regional destabilization.
Israeli Security Cabinet approves plan to take over Gaza City in escalation of war
Israel's Security Cabinet has approved a plan to seize Gaza City, escalating the 22-month offensive following the October 7 Hamas attack. Despite warnings from security officials and hostage families, Prime Minister Netanyahu aims for full control and eventual handover to Arab forces.
UBS bullish on power equipment makers; Triveni Turbine, Waaree Energies among top picks
UBS has initiated coverage on power generation equipment manufacturers, issuing 'buy' ratings for BHEL, Waaree Energies, Premier Energies, and Suzlon. The brokerage anticipates a significant investment of ₹11 trillion in India's power sector between FY25-FY30, driven by policy tailwinds and technology adoption. Solar energy is expected to dominate the profit pool, followed by thermal, with BHEL maintaining a strong position.
2 top stock recommendations from Dharmesh Shah
ICICI Direct's Dharmesh Shah suggests a 'buy the dip' strategy, noting strong support for Nifty around 24,400-24,500. Despite tariff concerns, the market is expected to hold. A gradual recovery is anticipated in the coming weeks, targeting 25,300. For today's trading, L&T is favored due to strong results and order inflow, targeting ₹3,812.
Mid-tier IT pips big five in Q1 via strong deal conversions, AI efficiencies
Mid-tier Indian IT firms like Coforge, Mphasis, and Persistent outpaced top-tier peers in Q1 FY26 with strong deal wins, AI-led productivity, and sector-specific tailwinds. While industry growth slowed, mid-tier players posted 20% YoY revenue growth on average, outperforming top-tier firms' 1.5%, despite cautious client spending and hiring trends.
Nifty may see 6–8% growth amid subdued earnings season: Chakri Lokapriya
Chakri Lokapriya of LGT Wealth suggests a cautious market outlook. Export sectors face challenges due to US tariffs. Industrials and consumer discretionary sectors show potential. ITC and Hindustan Unilever are bottoming out. Hero MotoCorp and TVS Motors appear attractive. Private capex may see a slight increase. Large-cap banks are preferable in the current environment.
Parth Electricals & Engineering raises Rs 13.8 cr from anchor investors ahead of IPO
Parth Electricals & Engineering has secured ₹13.8 crore from anchor investors, including Capri Global Capital, ahead of its ₹49.72 crore IPO opening on August 4. The IPO price is fixed at ₹160-170 per share, with proceeds earmarked for new manufacturing facilities in Gujarat and Odisha, debt repayment, and general corporate purposes.
L&T bags big-ticket EPC contract from Hindustan Zinc
Larsen & Toubro has been awarded a significant ECP contract by Hindustan Zinc for its Debari Smelter Complex in Rajasthan. This 'large' order, valued between Rs 2,500 crore and Rs 5,000 crore, involves establishing a 250 KTPA Leaching, Purification & Cellhouse facility and a 125 KTPA Jarosite Circuit. The project will be undertaken at Hindustan Zinc's Debari Smelter Complex.
Diversify portfolio and focus on strong earnings while picking stocks: Gurmeet Chadha
Gurmeet Chadha of Complete Circle Consultants advises a balanced investment approach. Market faces uncertainty due to tariff deadlines and soft earnings. FII selling and global trade deals impact market sentiment. Focus should be on capital preservation and strong earnings. Opportunities exist in gold, commodities, and fixed income. Anticipate interest rate cuts and potential bond returns.
L&T shares surge 4% after Q1 profit jumps 30% YoY. Should you buy, sell or hold?
L&T share price: L&T reported a strong Q1, with net profit rising 30% YoY to Rs 3,617 crore and revenue beating estimates. Robust order inflow and strong international performance boosted sentiment. Brokerages remain divided on the stock, with targets ranging from Rs 3,000 to Rs 4,200.
Larsen & Toubro Q1 Results: Cons PAT jumps 30% YoY to Rs 3,617 crore, revenue rises 16%
Larsen & Toubro reported a robust 30% YoY increase in Q1 consolidated net profit, reaching Rs 3,617 crore, with revenue up 16% to Rs 63,679 crore. The company secured substantial orders worth Rs 94,453 crore, driven by strong performance in its Projects & Manufacturing segment.
L&T bags ultra-mega order for hydrocarbon offshore business in Middle East
Larsen & Toubro's Hydrocarbon Offshore division has received a significant order. The order, valued above fifteen thousand crore rupees, comes from an entity in the Middle East. L&T will handle engineering, procurement, construction, and installation of offshore structures. Upgradation of existing facilities is also included. This achievement highlights L&T's capabilities in executing complex global projects.
L&T Q1 Results Preview: PAT may jump 23% YoY, up to 17% revenue uptick likely. Order inflows, guidance remain key
Larsen & Toubro is expected to report double-digit YoY growth in Q1 profit and revenue, driven by core infra execution. However, margin compression, seasonal weakness, and muted order inflows could temper overall sentiment.
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