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September 30, 2026 TOP
NEWS Navin
Fluorine : DGTR has recommended anti-dumping duty on
HFC blends imported from China for 5 years. HFC blends are used in air
conditioners, refrigeration equipment, and heat pumps. Potential
beneficiaries: Navin Fluorine, SRF Power
Mech Projects: The company receives a Rs. 549 crore order from Adani Group's
Moxie Power for a contract period of 60 months. STL
Networks: Gurugram-based STL Networks has emerged as the lowest bidder for a
Rs 249.8 crore contract floated by RailTel Corporation of India for the
deployment of cloud infrastructure at its data centre and disaster recovery
site. KPI Green
Energy Ltd: Gujarat-based renewable power generating company KPI Green Energy
Ltd on Tuesday (September 29) said it has received a work order worth
approximately Rs 2,025 crore, including taxes and GST, from NACOF Oorja
Private Ltd (NOPL) for the turnkey Engineering, Procurement and Construction (EPC)
of a 500 MW / 550 MWp solar photovoltaic (PV) power project in Rajasthan. Avalon
Technologies Ltd: Promoter groups Bhaskar Srinivasan, BBS Family Trust and
KBS Family Trust are likely to sell up to a 6% stake in electronic
manufacturing services firm Avalon Technologies Ltd through a block deal
worth around Rs 861.9 crore and an indicative price range of Rs 2,150–2,302
per share. Prestige
Estates: The company’s shares will remain in focus as Canada Pension Plan
(CPP) Investment Board will be investing Rs 3,000 crore in its hospitality
platform. The company informed the exchanges on Tuesday that CPP Investments
has announced a Rs 3,000 crore investment in Prestige Hospitality Ventures
Ltd. (PHVL) and it will acquire approximately 27% stake in the hospitality
arm. Majority of the capital will be supporting the platform's continued
expansion. This is CPP Investments' first direct investment in India's
hospitality sector and builds on its growing hospitality exposure across the
Asia Pacific, including the recent investments in Japan and Korea, the
company said. OTHER
NEWS Graphite
India: The US Department of Commerce issues a preliminary determination in
the anti-dumping duty investigation, announcing a preliminary dumping margin
of 12.22%; the financial impact remains unascertainable at this stage. India's
thermal coal imports are expected to rise during the October–December quarter
as El Niño-induced deficient rainfall reduces power generation and increases
cooling demand during peak evening and night hours. Coal-fired power
generation rose 14% YoY to 114 terawatt-hours (TWh) in August, driving power
sector coal consumption to roughly 77 million tonnes. Consequently, domestic
coal-based power plant inventories declined to 19.30 MT by September 27, with
the number of DCB plants facing critical stock levels rising to 72, while
imported coal-based stocks stood at 2.55 MT across 8 critical plants. Ganesh Benzoplast: The company has signed definitive agreements
to sell its liquid storage tank and railway network businesses to Cisternina Logistics, a bulk liquid and gas storage and
logistics platform that will be majority-owned by KKR, for Rs 1,154 crore. |
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