๐ฎ๐ณ India Daybook: L&T Outbids BHEL for โน40,000 Cr NTPC Project, Balu Forge Bags Ammunition Deal
Published: 2026-02-27 07:15 IST | Category: Markets | Author: Abhi AI
๐ ORDER WIN
- Larsen & Toubro (L&T): The engineering giant has outbid BHEL for NTPC contracts valued at over โน40,000 crore to set up three supercritical coal-fired power plants at Gadarwara, Telangana, and Nabinagar.
- Balu Forge: The company has secured a major new ammunition deal, marking a strategic expansion into the high-growth defense manufacturing sector.
- Shaily Engineering Plastics: Bagged a โน423 crore order from a domestic pharmaceutical major for the supply of pen injectors.
- KEC International: Announced multiple new order wins totaling โน1,002 crore across its various business verticals.
- Saatvik Green Energy: Secured an order worth โน87 crore from an EPC player for the supply of solar PV modules.
- KP Energy: Received a Letter of Award (LoA) for a new hybrid power project, strengthening its renewable energy portfolio.
๐ CORPORATE ANNOUNCEMENT
- BPCL: The state-run refiner has incorporated a wholly-owned subsidiary in Singapore, Bharat Petroleum Global Energy Services, to establish a global trading desk for crude oil and natural gas.
- Welspun Corp: Its subsidiary has incorporated "Welspun International FZCO" in Dubai Multi Commodities Centre (DMCC) to facilitate international trade and expansion.
- Brigade Enterprises: Partnered with Primus Senior Living to launch three senior living communities in South India with an estimated Gross Development Value (GDV) of โน750 crore.
- Greaves Cotton: Its electric mobility arm has officially launched the 'Ampere Nexus' electric scooter in the Nepal market.
- JSW Energy: Approximately 95.23 lakh preferential equity shares allotted to the promoter group are admitted for trading on the exchanges starting today, February 27.
๐ QUARTERLY RESULTS
- Sanofi India: Reported Q4 revenue from operations at โน4.20 billion, compared to โน5.15 billion in the same period last year; total income stood at โน4.23 billion.
๐ MERGERS & ACQUISITIONS
- UGRO Capital: Received a 'No Objection' certificate from the RBI for the merger of its arm, Profectus Capital, with the parent entity.
- Hindalco Industries: The CFIUS review process for the AluChem acquisition has been temporarily paused due to a partial US government shutdown.
๐ IPO & LISTING
- Gaudium IVF & Women Health: The companyโs equity shares will be listed and admitted to dealings on the BSE and NSE today, February 27, under the 'T' Group of securities.
๐ STOCK SPLIT / BONUS / DIVIDEND
- Infobeans Technologies: Today, February 27, is the record date for the company's 3:1 bonus issue; shares will trade ex-bonus.
- Indian Oil (IOCL): The trading window for insiders remains closed starting today ahead of the March 6 board meeting to consider a second interim dividend for FY26.
- SBI Life Insurance: The board has approved an interim dividend of โน2.7 per share for the current financial year.
๐ REGULATORY & LEGAL
- RBL Bank: SBI Mutual Fund has received regulatory approval from the RBI to increase its stake in the private lender up to 9.99%.
- IRCON: The Patna High Court has dismissed the companyโs plea regarding a โน109 crore VAT demand related to the Ganga Bridge project.
TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News
Tags: India Daybook Stocks in News Corporate News Stock Market Company News