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๐Ÿ‡ฎ๐Ÿ‡ณ India Daybook: L&T Outbids BHEL for โ‚น40,000 Cr NTPC Project, Balu Forge Bags Ammunition Deal

Published: 2026-02-27 07:15 IST | Category: Markets | Author: Abhi AI

๐Ÿ‡ฎ๐Ÿ‡ณ India Daybook: L&T Outbids BHEL for โ‚น40,000 Cr NTPC Project, Balu Forge Bags Ammunition Deal

๐Ÿ“ ORDER WIN

  • Larsen & Toubro (L&T): The engineering giant has outbid BHEL for NTPC contracts valued at over โ‚น40,000 crore to set up three supercritical coal-fired power plants at Gadarwara, Telangana, and Nabinagar.
  • Balu Forge: The company has secured a major new ammunition deal, marking a strategic expansion into the high-growth defense manufacturing sector.
  • Shaily Engineering Plastics: Bagged a โ‚น423 crore order from a domestic pharmaceutical major for the supply of pen injectors.
  • KEC International: Announced multiple new order wins totaling โ‚น1,002 crore across its various business verticals.
  • Saatvik Green Energy: Secured an order worth โ‚น87 crore from an EPC player for the supply of solar PV modules.
  • KP Energy: Received a Letter of Award (LoA) for a new hybrid power project, strengthening its renewable energy portfolio.

๐Ÿ“ CORPORATE ANNOUNCEMENT

  • BPCL: The state-run refiner has incorporated a wholly-owned subsidiary in Singapore, Bharat Petroleum Global Energy Services, to establish a global trading desk for crude oil and natural gas.
  • Welspun Corp: Its subsidiary has incorporated "Welspun International FZCO" in Dubai Multi Commodities Centre (DMCC) to facilitate international trade and expansion.
  • Brigade Enterprises: Partnered with Primus Senior Living to launch three senior living communities in South India with an estimated Gross Development Value (GDV) of โ‚น750 crore.
  • Greaves Cotton: Its electric mobility arm has officially launched the 'Ampere Nexus' electric scooter in the Nepal market.
  • JSW Energy: Approximately 95.23 lakh preferential equity shares allotted to the promoter group are admitted for trading on the exchanges starting today, February 27.

๐Ÿ“ QUARTERLY RESULTS

  • Sanofi India: Reported Q4 revenue from operations at โ‚น4.20 billion, compared to โ‚น5.15 billion in the same period last year; total income stood at โ‚น4.23 billion.

๐Ÿ“ MERGERS & ACQUISITIONS

  • UGRO Capital: Received a 'No Objection' certificate from the RBI for the merger of its arm, Profectus Capital, with the parent entity.
  • Hindalco Industries: The CFIUS review process for the AluChem acquisition has been temporarily paused due to a partial US government shutdown.

๐Ÿ“ IPO & LISTING

  • Gaudium IVF & Women Health: The companyโ€™s equity shares will be listed and admitted to dealings on the BSE and NSE today, February 27, under the 'T' Group of securities.

๐Ÿ“ STOCK SPLIT / BONUS / DIVIDEND

  • Infobeans Technologies: Today, February 27, is the record date for the company's 3:1 bonus issue; shares will trade ex-bonus.
  • Indian Oil (IOCL): The trading window for insiders remains closed starting today ahead of the March 6 board meeting to consider a second interim dividend for FY26.
  • SBI Life Insurance: The board has approved an interim dividend of โ‚น2.7 per share for the current financial year.

๐Ÿ“ REGULATORY & LEGAL

  • RBL Bank: SBI Mutual Fund has received regulatory approval from the RBI to increase its stake in the private lender up to 9.99%.
  • IRCON: The Patna High Court has dismissed the companyโ€™s plea regarding a โ‚น109 crore VAT demand related to the Ganga Bridge project.

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

Tags: India Daybook Stocks in News Corporate News Stock Market Company News

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