logo
GACM Technologies Ltd leads losers in 'B' group

GACM Technologies Ltd leads losers in 'B' group

Associated Alcohols & Breweries Ltd, SML ISUZU Ltd, Vivid Mercantile Ltd and Deccan Health Care Ltd are among the other losers in the BSE's 'B' group today, 28 April 2025.
Associated Alcohols & Breweries Ltd, SML ISUZU Ltd, Vivid Mercantile Ltd and Deccan Health Care Ltd are among the other losers in the BSE's 'B' group today, 28 April 2025.
GACM Technologies Ltd lost 14.12% to Rs 0.73 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 22.95 lakh shares were traded on the counter so far as against the average daily volumes of 28.81 lakh shares in the past one month.
Associated Alcohols & Breweries Ltd crashed 11.31% to Rs 1140. The stock was the second biggest loser in 'B' group.On the BSE, 31259 shares were traded on the counter so far as against the average daily volumes of 13879 shares in the past one month.
SML ISUZU Ltd tumbled 10.00% to Rs 1590.05. The stock was the third biggest loser in 'B' group.On the BSE, 11388 shares were traded on the counter so far as against the average daily volumes of 3089 shares in the past one month.
Vivid Mercantile Ltd fell 8.78% to Rs 9.25. The stock was the fourth biggest loser in 'B' group.On the BSE, 3.54 lakh shares were traded on the counter so far as against the average daily volumes of 5.65 lakh shares in the past one month.
Deccan Health Care Ltd slipped 8.73% to Rs 17.05. The stock was the fifth biggest loser in 'B' group.On the BSE, 1.95 lakh shares were traded on the counter so far as against the average daily volumes of 23634 shares in the past one month.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Govt nod to 93 additional LCA Mk 1 jets for IAF
Govt nod to 93 additional LCA Mk 1 jets for IAF

Indian Express

time22 minutes ago

  • Indian Express

Govt nod to 93 additional LCA Mk 1 jets for IAF

THE CABINET Committee on Security Tuesday cleared the procurement of 97 LCA Mk 1 A light combat aircraft for the Indian Air Force, sources confirmed to The Indian Express. When inducted, the additional indigenous jets will be a boost to the dwindling fighter squadrons of the IAF. The order was already in the pipeline. Their procurement was cleared by the Defence Acquisition Council headed by Defence Minister Rajnath Singh in 2023. Earlier, the IAF had placed an order for 83 LCA Mk 1 A jets in February 2021. Subsequently, in August 2021, the state-owned Hindustan Aeronautics Limited placed an order worth Rs 5,375 crore for 99 F404 engines with GE Aerospace to power the indigenously made Tejas Mk-1A. The first of these jet engines was delivered to HAL after a delay of nearly a year and a half, in April this year. The second engine was delivered last month. The engine deliveries were delayed due to COVID-19 pandemic and supply chain issues. Twelve Light Combat Aircraft Tejas will be ready to be rolled out by December this year, of which six aircraft have already been lined up, government officials had said. The timely induction of the indigenous fighter jets, including Tejas Mk 1A, is crucial to holding the IAF's dwindling squadron strength. The IAF has phased out most of its MiG-21 squadrons, and early next decade, it is likely to begin phasing out other ageing fighter squadrons. According to officials, HAL plans to produce 16 fighter jets next year provided the engine deliveries from the US are on schedule. The original plans were to produce 16 aircraft every year and complete deliveries of all jets by 2030.

Cabinet Approves Airport At Kota-Bundi In Rajasthan For Rs 1,507 Crore
Cabinet Approves Airport At Kota-Bundi In Rajasthan For Rs 1,507 Crore

NDTV

time36 minutes ago

  • NDTV

Cabinet Approves Airport At Kota-Bundi In Rajasthan For Rs 1,507 Crore

New Delhi: The Union Cabinet on Tuesday cleared a proposal to set up a new airport at Kota-Bundi in Rajasthan at an estimated cost of Rs 1,507 crore. The airport, to be completed in two years, will have an annual passenger handling capacity of 2 million and 1,089 acres (around 440.06 hectares) of land is being provided free of cost by the Rajasthan government for the project. Briefing the media after the Cabinet meeting, Information & Broadcasting Minister Ashwini Vaishnaw said the greenfield airport project at Kota-Bundi will be funded by the Airports Authority of India (AAI) through its internal accruals. Kota-Bundi constituency is represented by Lok Sabha Speaker Om Birla. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved the proposal for developing a green field airport at Kota-Bundi at an estimated cost of Rs 1,507 crore, according to an official release. The state government has transferred 440.06 hectares of land to AAI for the airport, which will be suitable for the operation of narrow-body Airbus A321-type aircraft. "The project includes construction of a terminal building spanning an area of 20,000 sqm capable of handling 1,000 Peak Hour Passengers (PHP) with annual capacity of 2 Million Passengers Per Annum (MPPA), Runway 11/29 of dimensions 3200m x 45m, Apron with 07 parking bays for A321 type aircraft, two Link Taxiways, ATC cum Technical Block, Fire Station, car park and allied works," the release said. Vaishnaw said the airport will significantly improve regional connectivity and promote the local economy. AAI will fund the project through its internal accruals and is expected to be completed in 24 months. The new airport will be coming up around 23 kilometres away from the existing airport, Vaishnaw said. According to the release, the existing Kota airport is owned by AAI but cannot be developed for commercial operations due to inadequate land availability and urbanisation around the airport. The existing airport has a "runway (08/26) of dimensions 1220 m x 38 m, suitable for Code 'B' aircraft (such as DO-228), and an apron capable of accommodating two such aircraft. The terminal building spans an area of 400 sqm and is capable of handling 50 passengers during peak hours," it added. Kota, situated on the banks of the Chambal River, is recognised as Rajasthan's industrial capital and is also known as the educational coaching hub of the country. "Kota's prominence in educational and industrial sectors makes the Greenfield Airport a critical infrastructure project, aimed at addressing the anticipated traffic growth in the region," the release said. In the last 11 years, Vaishnaw said the number of operational airports in the country has more than doubled to 162 in 2025 from 74 in 2014. Also, the number of air passengers has increased to 41.2 crore this year from 16.8 crore in 2014, he added.

Inox Wind sells Rs 175 cr stake in EPC subsidiary at ₹7,400 cr valuation
Inox Wind sells Rs 175 cr stake in EPC subsidiary at ₹7,400 cr valuation

Economic Times

time38 minutes ago

  • Economic Times

Inox Wind sells Rs 175 cr stake in EPC subsidiary at ₹7,400 cr valuation

Wind energy solutions provider, Inox Wind (IWL), on Tuesday said it has sold a stake worth ₹175 crore in its EPC subsidiary, Inox Renewable Solutions (formerly Resco Global Wind Services), to investors at a valuation of ₹7,400 crore. The company did not disclose who these investors are. This latest development comes after the National Company Law Tribunal approved the merger of Inox Wind Energy (IWEL) into IWL on June 10, 2025, strengthening the company's balance sheet by reducing liabilities by about ₹2,050 crore. Last September, Inox Renewable Solutions had approved a ₹350 crore equity raise from investors for a single-digit stake. Inox Renewable Solutions offers end-to-end services for wind projects right from the conceptualisation stage up to project commissioning, as well as the construction of transmission infrastructure to evacuate power from such projects, offering turnkey solutions to developers on a plug-and-play basis. It provides services across India with a strong presence in Western India. It is developing common infrastructure on the multi-gigawatt scale at sites across the country, to be utilised for future renewable projects. Inox Wind's scrip ended at ₹144.40 up 3.18% on the BSE, Tuesday.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store