DSIJ Mindshare

Rs 2,000 crore capex: Company plans to enhance and modernize existing capacity, along with venturing into green power generation!

The company's shares have rewarded their shareholders with an impressive return of over 500 per cent.

Rakesh Deshmukh 0 4924 Article rating: 4.3

The rationale behind these strategic moves is multifaceted. It aims to foster better business synergies and secure a competitive advantage in the market also capacity expansion is a response to the increasing demand for the company’s products.

Rs 15,000 crore capex plan; This LIC-backed power company announces capacity increase to meet rising energy demand, also plans to start battery storage manufacturing to enter the electric market

The company aims to increase its capacity to 20 gigawatts (GW) by FY30 from the current 7.2 GW, with a planned capital expenditure of Rs 15,000 crore for the current financial year.

Rakesh Deshmukh 0 6010 Article rating: 4.3

The company is also planning to start battery storage manufacturing to enter the electric vehicle market. In March, it secured a deal with Solar Energy Corporation of India for a battery energy storage project.

FII bought 22,28,480 shares and Rs 750 crore capex: This multibagger auto ancillary company signs MoU with the Government of Tamil Nadu for Rs 1,411 crore investment!

Shares of the company have gained more than 25 per cent in the last one year.

Praveenkumar Yadav 0 29182 Article rating: 4.1

Shares of the company have gained more than 25 per cent in the last one year.

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