Shares of Railway PSUs, RITES Ltd. and Rail Vikas Nigam Ltd. (RVNL) have surged as much as 11% on Monday, November 25, after both companies reported updates to significant orders won by them. Last Friday, RITES informed the exchanges that it has won a major railway electrification order for the Limding-Badarpur line.
Open FlipGlobal financial services and investment management firm State Street Corporation has picked up an entire commercial office tower near Mumbai's business district Bandra-Kurla Complex (BKC) from Brookfield Properties through a long-term lease of around 10 years, said people with direct knowledge of the development. The company will be paying a total rental of more than Rs 350 crore for the office.
Open FlipDev Information Technology Limited's (DEV IT) shares surged 5% on November 25 after securing a significant contract with Bhavnagar Municipal Corporation, worth ₹84.5 lakh, to develop and maintain an Online Property Tax System. The company's share price has risen 26% in a year and 164% in five years, reflecting confidence in its growth potential.
Open Flip