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Graphite India has invested in the shares of Grafrech International, a NYSE listed company (Graftech), through secondary market transactions / overseas portfolio investment (OPI) scheme of Foreign Exchange Management (Overseas Investment) Rules, 2022. The company has invested Rs 168.13 crore for a 6.82% stake in Graftech.
GrafTech International is the leading manufacturer of high-quality graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. The Company has a competitive portfolio of low-cost, ultra-high power graphite electrode manufacturing facilities, with some of the highest capacity facilities in the world. The Company is substantially vertically integrated into petroleum needle coke, key raw material for graphite electrode manufacturing.
Royal Enfield today announced its partnership with Flipkart - India's homegrown e-commerce marketplace. The partnership offers customers with flexible payment options that will make their purchase of a Royal Enfield motorcycle more convenient and accessible.
For the first time, Royal Enfield's entire 350cc portfolio will be available on an e-commerce platform, bringing its purpose-built, iconic motorcycles much closer to customers with just a click. Royal Enfield's 350cc range - the Bullet 350, Classic 350, Hunter 350, Goan Classic 350 and the new Meteor 350 will be available on Flipkart, starting 22 September 2025, in five cities - Bengaluru, Gurugram, Kolkata, Lucknow and Mumbai. The customer journey for delivery and after-sales support will be fulfilled by their preferred Royal Enfield authorised dealer in these cities.
Customers opting to purchase their favourite Royal Enfield 350cc motorcycle on Flipkart will also get full GST benefits, applicable from 22 September 2025.
The Construction Equipment and Industrial Products Design & Development (CE & IPDD) vertical of Larsen & Toubro (L&T) has secured multiple orders across the diverse segments it serves. According to the company's project classification, the orders range in value between Rs 1000 crore to Rs 2,500 crore.
Its Construction Equipment (CE) business unit has received long term after sales support orders from major coal and cement producers in India towards the supply of Komatsu mining equipment. These orders reaffirm the safe design and reliability of Komatsu machinery, as well as the trust customers place in L&T's robust after-sales service capabilities.
Renowned for its high-quality service support, CE is known for extending the operational life of large Komatsu equipment. Leveraging this strength, it has also secured extensions of several maintenance contracts.
Next, the Rubber Processing Machinery (RPM) business unit of CE & IPDD has won multiple orders from leading tyre manufacturers in India. The scope includes the design and manufacture of tyre curing presses and tyre building machines, catering to segments ranging from two-wheelers and passenger cars to trucks and buses.
This apart, L&T Valves has secured multiple orders for polyvinyl chloride (PVC) and chlorinated polyvinyl chloride (CPVC) projects from Major domestic companies. In has also been awarded some contracts by leading EPC companies in Saudi Arabia.
Post allotment, the paid up equity share capital of the company has increased from Rs 24,30,89,931 to Rs 25,49,27,192.