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APAR to Procure Wind-Solar Power from CleanMax’s Project in Gujarat
Energy infrastructure solutions company APAR Industries will procure hybrid captive power of 7.34 MW solar and 9.90 MVA from wind turbine generators from Clean Max Rudra, a special purpose vehicle (SPV) of Clean Max Enviro Energy Solutions.
cityfalcon.com·15d ago
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Laser Power & Infra, Indo MIM files draft papers with Sebi for IPOs
Two Indian manufacturers, Laser Power & Infra Ltd (LPIL) and Indo MIM Ltd, filed draft red herring prospectuses (DRHPs) with the markets regulator Securities and Exchange Board of India (Sebi), setting the stage for initial public offerings (IPOs) that together could raise over Rs 2,200 crore. The filings mark the latest wave of industrial and engineering companies seeking public capital amid a buoyant IPO market.Indo MIM to raise Rs 1,000 crore in fresh equityBengaluru-based Indo MIM, described in an F&S report as the world’s largest manufacturer of precision engineering components using metal injection molding (MIM) technology, is looking to raise Rs 1,000 crore through a fresh issue of equity. The IPO will also include an offer for sale (OFS) of up to 12.97 crore equity shares by existing shareholders, including Green Meadows Investments Ltd, Anuradha Koduri, John Anthony Dexheimer, and the Indian Institute of Technology Madras.The company plans to use Rs 720 crore from the fresh issue for pre-payment or repayment of borrowings, with the remainder earmarked for general corporate purposes.
cityfalcon.com·6mo ago
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Apar Industries Nears Breakout Zone: SEBI Analyst Pradeep Carpenter Sets Targets Up To ₹11,750
The analyst noted that the company’s strong returns and robust balance sheet support its long-term outlook, although commodity price fluctuations and elevated valuations remain key risks.
Stocktwits·7mo ago
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Tech Query: Hitachi Energy India, Apar Industries, Wendt (India), Laxmi Organic Industries; what is the outlook & where are these stocks headed?
We zoom in on the prospects of Hitachi Energy India, as also the prospects of three other stocks Apar Industries, Wendt (India) and Laxmi Organic Industries
cityfalcon.com·8mo ago
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Gainers & Losers: Sagility India, Kaynes Tech among 7 stocks in limelight
Indian markets closed lower on Thursday. Strong Q1 results lifted Sagility, Kaynes, HEG, and Emami, while Apar Industries, Relaxo, and Hindustan Copper declined amid profit booking and weak sentiment.
cityfalcon.com·8mo ago
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Gainers & Losers: Apar Industries,PNC Infratech among 6 stocks that moved the market today
Indian equities rebounded as Sensex and Nifty rose, led by gains in blue-chip and strong Q1 results. Apar Industries, Welspun, Tata Chemicals rallied, while Zen Technologies hit lower circuit.
cityfalcon.com·8mo ago
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