Kalpataru Projects Ltd. informed the exchanges on Monday that it has signed three contracts worth ₹7,550 crore with Saudi Aramco. The three contracts pertain to three packages of the third expansion phase of the Master Gas System Network (MGS-3) in Saudi Arabia. The company had earlier informed on March 5 this year that it has received an Letter of Intent (LoI) for these three contracts.
Open FlipThe immediate support for Nifty is around 22,300, followed by 22,100-22,000; and any dips should be seen as a buying opportunity as the index could attempt to rally towards new record highs soon, according to TAs. Stocks such as M&M, TVS Motors, Coal India, Grasim, ACC, Gail, Concor, National Aluminium, MTAR Tech, APL Apollo, Exide, Aurobindo Pharma and HEG could witness strong buying interest.
Open FlipRITES‘ share price was upbeat on Tuesday morning making gains for the third straight session after bagging the massive order. What Happened: The rail infra company announced on Monday that it has signed a contract with Bangladesh Railway to supply 200 Broad Gauge passenger coaches. The deal, valued at $111.26 million (approximately ₹915 crore), was awarded through a global competitive bidding.
Open Flip