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HinduBusinessLine

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Buzzing stocks: Dr Reddy’s Lab, BEL, Lumax Auto, KSB, RPP Infra, LNG-related companies, KEC International, Brigade, Sapphire Media, Newton Software

  • KSB has secured a project worth around Rs 25.34 crore under the PM-Kusum Scheme for solar water pumping systems in Haryana & HAREDA.
  • EIH Associated Hotels has received approval for a banquet facility at Trident, Agra, with an estimated investment of ₹29 crore by November 2026.
  • RPP Infra Projects has received a ₹154.43 crore LoA for projects in Jharkhand and Tamil Nadu.
  • BEL has secured additional orders worth ₹572 crore for defence equipment like integrated drone detection systems.
  • Lumax Auto will acquire the remaining 25% stake in IAC International Automotive India Pvt Ltd for ₹221 crore.
  • New regulations mandate approval for LNG import terminals in India; focus on promoting competition among entities.
  • KEC International has secured T&D projects worth ₹1,133 crore in India from PGCIL and private developers.
  • Sapphire Media has acquired debt-ridden Reliance Broadcast Network, owner of Big FM 92.7, through insolvency process.
  • Brigade Enterprises achieved sales of ₹7,847 crore in FY25, up 31% from FY24, driven by demand for residential properties.
  • JSW Infrastructure promoter divested a 2% stake for ₹1,210 crore to comply with SEBI's MPS norms.

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