Adani Enterprises, RITES and Magellanic Cloud to see some action today

04 Nov 2025 Evaluate

Adani Enterprises has incorporated a wholly owned subsidiary (WOS) namely ‘Munger Sultanganj Road’ in India on November 03, 2025 to carry out the development, maintenance and management of the project ‘Construction of Ganga Path Connecting Munger (Safiabad)-Bariyarpur-Ghorghat-Sultanganj Road in the State of Bihar on Hybrid Annuity Mode’.

RITES has received Letter of Award from National Institute of Mental Health & Neuro Sciences for PMC for the construction of New Outpatient Department (OPD) building at NIMHANS Bangalore campus to be undertaken on turnkey basis. Broad consideration or size of the order(s)/ contract(s) is Rs 372.68 crore exclusive of GST (including PMC Fee).

Provigil Surveillance Limited, the wholly owned subsidiary of Magellanic Cloud, has received a Letter of Acceptance (LoA) from Western Railway, Rajkot Division (RJT Division), for provision of CCTV surveillance system at various sites across the Division. The total value of the contract is Rs 2.45 crore. This project will enhance security, ensure safety of assets and personnel, improve operational monitoring, and support Indian Railways’ modernization and surveillance initiatives.

Lemon Tree Hotels has launched its latest managed property, Lemon Tree Hotel, Mall of Dehradun, Dehradun. This launch marks another milestone in the brand’s expansion across northern India and further reinforces its presence in Uttarakhand, where it has eight operational and nine upcoming properties.

Tamilnad Mercantile Bank has achieved a major digital milestone by successfully going live with Oracle HCM Cloud Payroll integrated with AI Agents, in collaboration with Kovaion Consulting. With this, it becomes the first in India’s BFSI industry to adopt AI-powered automation for payroll and HR operations. This initiative enhances automation, accuracy, and employee experience, setting a new benchmark for HR transformation in banking. The AI Agents within Oracle HCM Cloud will streamline absence management, reimbursements, and policy advisory, driving efficiency and intelligent support for the workforce.

Mitsu Chem Plast has expanded manufacturing capacity by approximately 655 MT per year across its existing facilities. The move is part of Mitsu’s ongoing growth strategy to meet rising demand, strengthen its supply capabilities, and support the company’s long-term vision of crossing Rs 1,000 crore in annual revenues by 2028.

Krishival Foods (KFL) has taken physical possession of an industrial property in the Halkarni Industrial Area, Kolhapur (Maharashtra), acquired via a SARFAESI auction conducted by Union Bank of India. Physical possession of the asset was formally handed over to the company. The newly acquired property comprises approximately 8,000 square meters of land with 1,770.49 square meters of existing construction, providing scope for phased capacity expansion. The acquired parcel, spread across about 2 acres, lies adjacent to the company’s existing 5-acre MIDC land, effectively bringing KFL’s total landholding in the Halkarni Industrial Area to around 7 acres.

Create stable, long-term investment portfolio with strong, consistent stocks.

Start Research-backed Investing ...Now. Subscribe to Sapphire

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
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.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
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

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.