Stock Updates
🔸Va Tech Wabag Limited (Wabag) bagged ₹415 crore repeat order towards Operation and Maintenance (O&M) of 110 MLD SWRO Nemmeli Desalination Plant, Chennai.
🔸Siemens registered a revenue of Rs. 4,714 crore, an increase of 7% YoY.
🔸 Anup Engineering has bagged two critical orders valued over Rs 100 crore, of which 90% of this is from one of renowned EPC contractor in Europe for a critical project in UAE.
🔸Amara Raja Advanced Cell Technologies Private Limited (ARACT), has signed a MoU with Piaggio Vehicles Private Limited to develop and supply LFP (Lithium Iron Phosphate) Lithium-Ion (Li-ion) cells and chargers for its Electric Vehicles along with developing cells and battery packs for their upcoming offerings.
🔸Zydus Lifesciences revenue grew 21% YoY to ₹6207 crore, driven by US, India formulation and Consumer wellness.
🔸L&T Semiconductor Technologies Ltd. has completed the acquisition of 100% stake in SiliConch Systems Pvt Ltd.