Multibagger Stocks - Long Term - Learning Channel: post #2410 — TG.ME

📍 *BONUS* - *NMDC*: Approved *2:1 bonus issue*, issuing 2 bonus shares for every 1 share held. 📍 *CONTRACTS & PROJECTS* - *AUSOM ENT*: Received *Letter of Intent* from *Gujarat Urja Vikas Nigam Limited* for a *25-year solar power supply* contract. Ausom to set up a Special Purpose Vehicle (SPV) for the project. - *RVNL*: Secured a *₹295 Cr contract* as the lowest bidder for a South-Central Railway EPC project involving *track doubling, electrification, and signaling work* in *Telangana*. - *DEE DEVELOPMENT*: Approved a *new manufacturing facility* in *Anjar, Gujarat*. 📍 *EXPANSION & INVESTMENTS* - *MAGADH SUGAR*: Approved a *100 KLPD distillery* at *Hasanpur Sugar Unit* at *₹206.87 Cr*, aiming for completion by *March 2027*. - *CENTURY EXTRUSIONS*: Approved *₹30 Cr investment* to install an *extrusion press* at *Kharagpur*, increasing production by *9,000 tonnes*. - *TAMILNADU PETROPRODUCTS*: Revised project costs, increasing *LAB expansion* to *₹310 Cr* and *HCD expansion* to *₹214 Cr*. Expected by *FY2025-26*. - *WELSPUN CORP*: Subsidiary *Welspun Mauritius Holdings* sold a *5% stake* in *East Pipes Integrated Company (EPIC)*, with proceeds to support a new subsidiary in line with *"Saudi Vision 2030"*. 📍 *MERGERS & ACQUISITIONS* - *WINDSOR MACHINES*: Acquiring *100% equity* in *Global CNC Private Limited* for *₹343 Cr*, expanding CNC machinery offerings. - *PARAG MILK*: Approved *land and asset acquisition* from *Western Hill Foods Ltd.* for *₹20 Cr*; plans to divest *Sonipat plant*. 📍 *NEW PRODUCTS & FACILITIES* - *CELLO WORLD*: Launched *trial runs* at its new *glassware manufacturing plant* in *Rajasthan*, with *20,000 metric tonnes* annual capacity to reduce import reliance. 📍 *LEADERSHIP APPOINTMENTS* - *ORIENT TECH*: Appointed *Mr. Shrihari Bhat* as *CEO*, effective *January 1, 2025*, with extensive experience in FIS, NCR, and Fiserv. 📍 *FUND RAISING* - *WINDSOR MACHINES*: Board to consider *fund-raising* on *November 14*. - *SOFTTECH ENGINEERS*: Board meeting on *November 14* to discuss *fund-raising* options. 📍 *FUND-RAISING & ALLOTMENTS* - *WOCKHARDT PHARMA*: Raised *₹1,000 Cr* via *QIP at ₹1,105 per share*. 📍 *OPERATIONAL UPDATES* - *IOC*: *Fire reported* in a *benzene storage tank* at *Gujarat Refinery*; firefighting efforts are ongoing without impacting operations. 📍 *INDUSTRY NEWS* - *JUBILANT FOODWORKS (Domino’s India)*: Committed to *20-minute pizza delivery* for faster service.

November 12, 2024 1.6K