Marsons announced that it has received orders worth over 10 Cr from various Northeastern States under the ROSS scheme. With the receipt of this order, Marsons has further strengthened its foothold in the Northeastern region. The company is optimistic about establishing a dominant presence in the Northeast as the requirement in this region is expected to peak over the course of this year.
Open FlipDIIs have increased their stake in the company in Q4 FY24, while the President of India holds a 74 per cent stake in the company. Rail Vikas Nigam Limited was incorporated in 2003 by the Government of India. It is engaged in the business of implementing various types of rail infrastructure projects assigned by the Ministry of Railways, including doubling, gauge conversion.
Open FlipShares of rail company Jupiter Wagons today rallied up to 10% to hit a fresh 52-week high of Rs 448.85 on reporting yet another robust set of results in the March quarter where revenue/EBITDA/PAT saw a strong growth of 57%/60%/167% YoY led by higher volume growth and better margin.Domestic brokerage firm Systematix raised the target price to Rs 535 from earlier Rs 474.
Open Flip