Brigade Enterprises Purchases Prime Secunderabad Land for a ₹650 Cr. Residential Project
Brigade Enterprises Limited has acquired a 2.25-acre prime land parcel in Secunderabad for a residential project with an estimated Gross Development Value (GDV) of ₹650 Crores. This acquisition marks the company’s strategic foray into high-growth areas and reiterates the company’s focus on developing residential spaces in the state of Telangana.…
Gland Pharma Shares Rise: Growth Consistent, Prospects Uncertain
Gland Pharma’s December quarter performance was quite strong, with revenue growth of 22.5% and profits rising by 27% year-over-year. The company’s performance was broad-based, with growth in the US, India, and Europe. However, the company’s margins were flat at 25.7%. The stock price jumped by over 7% on Thursday. THE…
Maruti Suzuki Awards Subros a ₹1280 Cr EV Compressor Order
Subros Limited has bagged a large order worth ₹1280 Crore to supply Electric Compressors to Maruti Suzuki India Limited (MSIL) for their new EV and Hybrid models. The order is valid for seven years, starting from the respective Start of Production dates. This is a major milestone for Subros in…
BPCL’s $11.5 billion refinery plan faces execution and partner risks
Bharat Petroleum Corporation Ltd (BPCL) is moving ahead with its proposed ₹96,000 crore refinery cum petrochemical project in Andhra Pradesh, actively looking for equity partners, including Saudi Aramco. Though Oil India has already agreed to invest in a 10% stake, the success of the project depends on attracting more investment,…
