JKB Financial Services Ltd.

As on : 21-Mar-2024

Market Commentary - Stock Alert
21-Mar-2024 08:41

Krystal Integrated Services, JSW Infrastructure, NHPC, Jupiter Wagons in focus

Krystal Integrated Services: Shares of the company will debut on the bourses today, 21 March 2024. The final issue price is Rs. 715 per share.

Crompton Greaves Consumer Electricals: The company announced solar water pumping system order under the PM-KUSUM scheme for Haryana. The latest order, sanctioned by the New & Renewable Energy Department Haryana and HAREDA includes the supply, installation, and commissioning of 7.5 HP DC; 10 HP AC and 10 HP DC solar photovoltaic water pumping systems which are worth over Rs. 9 crores.

JSW Infrastructure: The company has achieved a milestone of total cargo handled on consolidated basis crossing 100 MMT (as on date).

NHPC: The meeting of the board of directors of the company is scheduled on 27 March 2024 to consider the proposal for raising of debt during financial years 2023-24 and 2024-25.

Jupiter Wagons: The company announced acquisition of Bonatrans India Private Limited (BIPL) for a sum of Rs. 271 crore. BIPL, situated in Chhatrapati Sambhajinagar (Aurangabad), Maharashtra, stands as a distinguished manufacturer of rolling stock wheelsets.

Kansai Nerolac Paints: The company has now opened a sales depot at Kannur, Kerala. This will be the company's 110th sales depot across the country.

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