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Sugs Lloyd Secures ₹74.35 Cr Power Infrastructure Contracts in Bihar and Odisha, ET Manufacturing

Sugs Lloyd Secures ₹74.35 Cr Power Infrastructure Contracts in Bihar and Odisha, ET Manufacturing

Time of India2 days ago

Advt
EPC solutions provider Sugs Lloyd on Thursday said it has secured new power infrastructure contracts worth ₹74.35 crore in Bihar and Odisha Sugs Lloyd has secured two critical infrastructure development projects from the North Bihar Power Distribution Company Ltd (NBPDCL).The contract involves the development of five new substations with associated transmission lines in Kishanganj district, and the construction of a 33 KV line to strengthen the state's power transmission network.Additionally, Sugs Lloyd has received contracts from Tata Power subsidiaries in Odisha. These projects are for providing new connections, augmenting network, and modernising power infrastructure across multiple voltage levels.The company operates in the renewable energy sector, with a primary focus on solar energy, electrical transmission and distribution, and civil Engineering, Procurement, and Construction (EPC) projects.It provides a wide range of services, including the development of power transmission and distribution infrastructure, the construction of power substations, and the renovation, upgrading, and modification of existing power systems.

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Sugs Lloyd Secures ₹74.35 Cr Power Infrastructure Contracts in Bihar and Odisha, ET Manufacturing
Sugs Lloyd Secures ₹74.35 Cr Power Infrastructure Contracts in Bihar and Odisha, ET Manufacturing

Time of India

time2 days ago

  • Time of India

Sugs Lloyd Secures ₹74.35 Cr Power Infrastructure Contracts in Bihar and Odisha, ET Manufacturing

Advt EPC solutions provider Sugs Lloyd on Thursday said it has secured new power infrastructure contracts worth ₹74.35 crore in Bihar and Odisha Sugs Lloyd has secured two critical infrastructure development projects from the North Bihar Power Distribution Company Ltd (NBPDCL).The contract involves the development of five new substations with associated transmission lines in Kishanganj district, and the construction of a 33 KV line to strengthen the state's power transmission Sugs Lloyd has received contracts from Tata Power subsidiaries in Odisha. These projects are for providing new connections, augmenting network, and modernising power infrastructure across multiple voltage company operates in the renewable energy sector, with a primary focus on solar energy, electrical transmission and distribution, and civil Engineering, Procurement, and Construction (EPC) provides a wide range of services, including the development of power transmission and distribution infrastructure, the construction of power substations, and the renovation, upgrading, and modification of existing power systems.

Penny stock below Re 1 jumps over 6% despite sharp selling in Indian stock market
Penny stock below Re 1 jumps over 6% despite sharp selling in Indian stock market

Mint

time3 days ago

  • Mint

Penny stock below Re 1 jumps over 6% despite sharp selling in Indian stock market

KBC Global share price jumped more than 6% on Friday, extending gains for the third consecutive session, amid a surge in trading volumes. The penny stock rallied as much as 6.52% to ₹ 0.49% on the BSE. The gains in KBC Global shares, now known as Dharan Infra-EPC Ltd, comes despite a broader selling in the Indian stock market today. KBC Global shares have rallied 37% in the past seven sessions. The trading volumes of KBC Global shares also spiked on Friday by 2.05 times. Recently, Dharan Infra-EPC (formerly KBC Global) reported narrowing of its net losses during the fourth quarter of FY25. The company's standalone net loss in Q4FY25 decreased to ₹ 2.19 crore from ₹ 5.40 crore in the year-ago period. Revenue from operations in the quarter ended March 2025 plunged 89.06% to ₹ 1.37 crore in March 2025 from ₹ 12.55 crore in the corresponding quarter of last fiscal year. While KBC Global share price witnessed a sharp rally, the broader trend in the Indian stock market today was weak, with both the benchmark indices, Sensex and Nifty 50, trading a percent lower each. The Indian stock market crashed today as investors dumped risky assets globally amid escalating geopolitical tensions in the Middle East after Israel launched airstrikes on Iran. KBC Global share price has jumped 29% in one week and more than 26% in one month. However, the small-cap stock has dropped 7.5% in three months and 43% on a year-to-date (YTD) basis. Over the past six months, the penny stock has plunged 56% and has declined 38% in one year. KBC Global shares have fallen 78% in the past five years. At 11:55 AM, KBC Global share price was trading flat at ₹ 0.46 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

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