Stocks to watch: Why these 16 shares will be in focus today
AI Summary
L&T Technology Services has partnered with Anthropic to enhance Engineering Intelligence through AI integration, promising faster innovation for clients. Hero MotoCorp is investing ₹1,000 crore in Ather Energy to bolster its position in the electric two-wheeler market. Meanwhile, ICICI Lombard faces a ₹77.67 crore payment order, but claims no significant financial impact, while KEC International has secured new orders worth ₹1,180 crores across various sectors.
L&T Technology Services Ltd, a global leader in Engineering Intelligence Solutions & ER&D Consulting Services, today announced a partnership with Anthropic to accelerate Engineering Intelligence by integrating Claude models across engineering processes and LTTS’ AI-powered platforms. The collaboration will help LTTS’ enterprise clients redesign how they develop products and software, enabling faster innovation and improved outcomes at scale.
Hero MotoCorp Limited has announced that its Committee of Directors has approved an additional investment of up to ₹1,000 crore in its associate company, Ather Energy Limited. The transaction highlights Hero MotoCorp’s long-term commitment to the premium electric two-wheeler market, backing one of India’s most prominent EV manufacturers as it scales up production and infrastructure.
ICICI Lombard General Insurance Company Ltd has been ordered to pay ₹77.67 crore to an insured party, along with interest at 7.5% per annum to Roadway Solutions Narayanpur Roads Project Private Ltd, from the date of filing of the Statement of Claim until the date of payment. The policies were originally underwritten by Bharti AXA General Insurance Company Limited, which ICICI Lombard acquired in 2021. The company is evaluating legal remedies and will take necessary steps accordingly, but said there is currently no material financial impact.
Jammu and Kashmir Bank Limited proposes to divest 1,02,47,348 equity shares constituting 0.50% of the paid-up share capital of PNB MetLife India Insurance Company Ltd to MetLife International Holdings, LLC at a price of ₹117.20 per equity share, aggregating to ₹120.10 crore.
KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,180 crores across various businesses: The Transmission & Distribution (T&D) business has secured orders for T&D projects across India, the Middle East and the Americas; The Renewables business has secured an order for a 200+ MW Solar PV project in Western India from an existing client - a renowned private developer.; and Cables & Conductors business has secured various orders in India and the overseas market.
Lemon Tree Hotels has announced the signing of Lemon Tree Hotel, Jorhat in Assam. The property will be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of Lemon Tree Hotels Limited. This signing marks the group’s entry into Jorhat, Assam’s cultural capital, and expands its footprint in the state to seven properties, which include one operational hotel and six under development.
SPP Pumps Ltd. (SPP), wholly owned subsidiary of Kirloskar Brothers, has secured a GBP 11.67 million (approximately ₹149.59 crore) international order from Saipem Offshore Construction SPA for the supply of vertical pumps and spares. The contract strengthens the group’s international order book and reinforces SPP’s leadership position in the UK pump industry.
The Board of Directors of Vraj Iron and Steel has approved a major expansion strategy centred around a state-of-the-art Greenfield Integrated Steel Plant. The mega project, planned for the Bastar region of Chhattisgarh, marks a core milestone in the company’s infrastructure and operational scale-up. The total capital investment for Phase One of the Bastar facility is estimated at approximately ₹450 crore, inclusive of all relevant Goods and Services Tax (GST) provisions. Vraj Iron and Steel intends to fund the development using a balanced capital mix, deploying ₹150 crore through internal accruals and equity infusions, alongside ₹300 crore secured via corporate debt.
Digilogic Systems has received a purchase order from the Ministry of Defence, Government of India, worth Rs 4.08 crore (exclusive of GST) for the supply, installation, and Commissioning of a Satellite Front End Checkout and Monitoring Assembly for the test and evaluation of spaceborne electrical subsystems.
PDS Limited, the global fashion supply chain solutions co...
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