Global Markets

PRE-MARKET INDIAN STOCKS NEWS: GR Infraprojects (GRINFRA IN) received a letter from the National Highways Authority of India declaring September 7 as the appointed date for its INR 42.63bln Agra-Gwalior Greenfield road construction project

StockNow breaking-news AI analysis

Key pre-market Indian stock updates include GR Infraprojects' project milestone, Welspun Corp's SAR 771mln Aramco contract, JSW Hydro Energy's APTEL ruling, and Lenskart's block deal.

News detail

GR Infraprojects (GRINFRA IN) - Co. received a letter from the National Highways Authority of India declaring September 7 as the appointed date for its INR 42.63bln Agra-Gwalior Greenfield road construction project. (Moneycontrol) JSW Energy (JSW IN) - Co.’s material step-down subsidiary JSW Hydro Energy had its IDC claim allowed by APTEL after the tribunal set aside the CERC order, with carrying cost to be calculated from the filing of the true-up petition until adjustment and the matter remanded to CERC for a prudence check. (Moneycontrol) Lenskart Solutions (LENSKART IN) - Platinum Jasmine A 2018 Trust is expected to offer shares worth around INR 20.47bln in a block deal at a floor price of INR 682.45/shr. (Economic Times) Maruti Suzuki India (MSIL IN) - Co. introduced automatic S-CNG versions of the Swift, Dzire and Baleno, pairing CNG powertrains with automated manual transmissions under its “Auto Green Mission”. (Economic Times) Mazagon Dock Shipbuilders (MAZDOCK IN) - Co. signed an MoU with National Shipbuilding and Heavy Industries Park-AP to develop a greenfield shipyard at Dugarajapatnam in Andhra Pradesh. (Economic Times) NMDC (NMDC IN) - Co. targets net-zero operational emissions by 2047, covering Scope 1 and Scope 2 emissions. (Economic Times) Welspun Corp (WLCO IN) - Co.’s Saudi-listed associate EPIC finalised a six-month pipe manufacturing contract with Aramco worth over SAR 771mln (approx. INR 20bln). (Newswires) Welspun Enterprises (WELENT IN) - Co.’s material subsidiary Welspun Michigan Engineers secured two World Bank-funded sewer rehabilitation projects from Ahmedabad Municipal Corporation worth INR 3.51bln, including a INR 2.29bln order for rehabilitation of the main trunk sewer line in western Ahmedabad. (Economic Times)

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more