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KEC International, DLF and ICICI Bank to see some action today

27 Jan 2025 Evaluate

KEC International has secured new orders of Rs 1,445 crore for Transmission & Distribution (T&D) projects in India from Power Grid Corporation of India (PGCIL). These include ± 800 kV HVDC & 400 kV Transmission line orders. With these new orders, the company’s YTD order intake has surpassed Rs 22,000 crore, reflecting a stellar growth of more than 70% vis-a-vis last year.

DLF has sold 173 apartments for Rs 11,816 crore in its ultra luxury residential project 'The Dahlias' in Gurugram, on strong demand from the super-rich. In October last year, DLF launched a 17-acre housing project 'The Dahlias' at DLF Phase 5 in Gurugram, Haryana comprising 420 apartments and penthouses. This project is the second ultra luxury offering from DLF after the successful delivery of 'The Camellias' at same location. The minimum size of an apartment is 10,300 square feet. 

ICICI Bank has reported results for third quarter ended December 31, 2024 (Q3FY25). The bank has reported 14.81% rise in its net profit at Rs 11,792.42 crore for Q3FY25 as compared to Rs 10,271.54 crore for the same quarter in the previous year. Total income of the bank increased by 13.03% at Rs 48,367.87 crore for Q3FY25 as compared to Rs 42,791.64 crore for the corresponding quarter previous year.  On consolidated basis, the bank has reported 16.56% rise in its net profit at Rs 12,883.37 crore for the quarter ended December 31, 2024, as compared to Rs 11,052.60 crore for the same quarter in the previous year. Total income of the bank increased by 25.47% at Rs 74,626.56 crore for Q3FY25 as compared to Rs 59,479.76 crore for the corresponding quarter previous year.

Zen Technologies has secured Indian patent for its ‘Basic Gunnery Training Simulator’ designed for the T-90 tank on January 24, 2025. This marks the 12th patent secured by Zen Technologies in the financial year 2024-25, solidifying its position as a leader in advanced military training technologies.

RPP Infra Projects has received letter of acceptance for a new projects -Construction of Integrated Storm Water Drain Works in M1 & M2 Components in Kovalam Basin in Expended Areas in Greater Chennai Corporation Package 16 covering various Streets of Zone 15 under Kfw fund for Contract Value of Rs 87.56 Crore (including GST).

Jubilant Ingrevia has commissioned its new cGMP compliant facility at Bharuch, Gujarat. The new facility will manufacture Nutraceuticals and Dietary-Active ingredients for human consumption. The facility is an extension of the company’s USFDA approved plant that is already supplying to the U.S., Europe, Japan and many other markets. It will be fully equipped to cater to the needs of the biggest marquee customers in the food, nutrition and cosmetics space.

NTPC’s subsidiary -- THDC India is all set to start commercial operation of Unit I (660 MW) of Khurja STPP (2X660 MW), consequent upon successful commissioning and due approvals. With this, the total installed and commercial capacity of NTPC group has now become 77393.18 MW. 

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