RITES, Medi Assist Healthcare Services and Solarium Green Energy to see some action today

25 Jun 2025 Evaluate

RITES has received the Letter of Intent from Gujarat Urban Development Company for Appointment of TPI agency for WSS/UGD/STP projects under Amrut 2.0/SJMMSVY under GUDC for ULBs of Gujarat. Broad consideration or size of the order(s)/ contract(s) is Rs 28.50 crore exclusive of GST.

Star Health and Allied Insurance Company (Star Health) has entered into a strategic partnership with Medi Assist Healthcare Services (Medi Assist), to adopt MAtrix platform, an advanced AI-powered claims platform. This collaboration is a significant step in Star Health’s ongoing claims transformation journey, focused on delivering faster settlements, better customer engagement, and technology-led service excellence. The partnership will help in identification and elimination of fraud and reduction in waste and abuse through AI tools.

Solarium Green Energy has received work order of Rs 35.32 crore (approximately) exclusive of GST from Kirloskar Solar Technologies for Supply of all the equipment and execution relating to it for the Development of 11775 KW Grid Connected Rooftop Solar Projects at various locations of Central Armed Forces and Department of Ministry of Home Affairs. This order will significantly broaden the customer base and serve as a key driver in enhancing the company's profitability.

CarTrade Tech has launched of CarTrade Labs, an innovation hub focused on building future technology. CarTrade Labs is envisioned as a high-impact initiative that will harness the power of generative AI, data science, and rapid experimentation to accelerate innovation and unlock new growth opportunities across CarTrade Tech’s ecosystem including CarWale, BikeWale, OLX India and Shriram Automall.

PTC Industries’ wholly owned subsidiary -- Aerolloy Technologies (ATL) and Safran Aircraft Engines have signed a Memorandum of Understanding (MoU) to develop cooperation on the manufacturing of components and materials for military aircraft engines. ATL is specialized in the manufacturing of castings and materials for aerospace applications. Safran Aircraft Engines is engaged, inter alia, in the design, development, production, and maintenance of civil and military engines.

Hindalco Industries is all set to acquire a 100% equity stake in US-based AluChem Companies, Inc., a prominent manufacturer of Specialty Alumina, for an enterprise value of $125 million. The acquisition will be carried out through Aditya Holdings LLC, a stepdown wholly owned subsidiary of Hindalco. This strategic acquisition marks a significant investment in specialty alumina, a key step in scaling its high-value, technology-led materials portfolio.

Infosys has entered into strategic partnership with Zoetis. This long-term engagement aims to enhance Zoetis’ IT operations and digital capabilities by integrating advanced AI solutions and automation services, providing greater agility to respond to evolving business landscape and customer needs.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

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Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
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Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
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A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

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