APARINDS.NSE News
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
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
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
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.
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
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
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
Broader market momentum lifted investor mood, while the retail sentiment turned ‘neutral’ on Stocktwits.
The analyst said Apar Industries has reclaimed key technical levels after a “death cross” earlier this year, signaling a possible long-term reversal.
Investor sentiment for both companies has been buoyed by strong quarterly results, according to the analyst.
The investment advisor sees potential for strong returns in these five stocks, including Mazagaon Dock, Apar Industries, and IDFC First Bank