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TII to buy Orange Koi, enter metal injection molding biz
Chennai: Tube Investments of India Ltd (TII), part of the Murugappa Group, has announced its entry into the metal injection molding (MIM) business wit.
cityfalcon.com·2mo ago
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Murugappa Group plans fresh Rs 500cr–Rs750cr investment to scale EV biz
Chennai: Murugappa Group's engineering flagship, Tube Investments of India (TII), plans to invest an additional Rs 500 crore – Rs 750 crore in its ele.
cityfalcon.com·2mo ago
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India-China Trade Thaw: China Reportedly Lifts Curb On Fertilizers, Rare Earth Minerals Ahead Of PM Modi’s Visit
India had raised strong concerns after sudden fertilizer curbs disrupted the supply of Di-Ammonium Phosphate (DAP) ahead of the Rabi season (winter cropping).
Stocktwits·8mo ago
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Noida–Airport Corridor Attracts Rs 12,000 Cr Investment…
… Kubota Corporation, plans to invest Rs 4,500 crore to … 39;s Tube Investments of India and Premji Invest , has been allocated … will serve as the anchor investor for a 206-acre … for both domestic and global investors . These investments will not only create …
cityfalcon.com·11mo ago
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Railway stocks surge as orders restart: Rites, Titagarh Rail, and RVNL lead the rally
Mumbai: Shares of railway-related companies surged in a breakout rally on Friday, riding the bullish wave in mid-cap and small-cap stocks, amid optimism that orders from the Railways have restarted.Shares of Rites (Rail India Technical and Economic Service) jumped 15.7%, followed by Titagarh Rail Systems, which gained 12.8%. Shares of Rail Vikas Nigam(RVNL), BEML and Indian Railway Finance Corporation (IRFC) went up between 6% and 9% at close."The run-up in railway stocks is part of sector rotation in the market, as currently we are seeing the outperformance in PSU stocks, which had been quite beaten down in the recent market correction," said Sunny Agrawal, head of fundamental research at SBI Securities.Agrawal said that management of Tube Investments of India in their results call also said that railway order inflows are back on track, which has eased concerns around the slowdown in the sector.121225655On Thursday, Rail Vikas Nigam said in a stock exchange disclosure that it had received a ₹115.8 crore contract for upgradation work from the Central Railway.
cityfalcon.com·11mo ago
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