Gujarat Tool room : Gujarat Toolroom Surges 5% with Rs 29-Crore RIL Order
The Gujarat Tool room company bags the worth of Rs. 29 Crore from Relianace industries for construction supplies.
Gujarat Toolroom (GTL) Sees 5% Surge as it Secures Rs 29-Crore Order from Reliance Industries
GUJARAT TOOLROOM LTD Market Price has broken box pattern in upside
On March 7, Gujarat Toolroom’s (GTL) stock price rose by 5% in early trading following the company’s successful bid for a Rs 29-crore order from Reliance Industries Limited for construction supplies. This collaboration marks the beginning of a promising partnership between GTL and Reliance Industries. GTL expressed confidence in securing additional orders from Reliance Industries Limited in the near future, considering this initial order as a testament to the trust placed in GTL’s capabilities.
Subex company bags $2.2 million deal from Leading Telecom operator company in Southeast Asia. This company providing Business assurance and frauds involving in Digital ways using AI technology, it is mainly used for 5G purpose.
Subex Shares Surge as Company Secures $2.2M Deal with Southeast Asian Telecom Operator
In early trade on March 7, Subex witnessed a rise in share price following the company’s success in securing a five-year, $2.2-million deal from a prominent telecom operator in Southeast Asia. The deal involves the implementation of Subex’s cutting-edge business assurance and fraud management solutions on HyperSense.
This strategic move aims to proactively address present and future risks, particularly in the dynamic and technologically advanced landscape of the 5G era. The deployment is expected to empower the operator to innovate rapidly and drive growth in the digital ecosystem of the region.
The deployment of Subex’s solutions enables the application of AI and ML technologies for early risk identification, automates intricate fraud detection processes, and allows the customization of ML models to adapt to emerging challenges.
Subex CEO Nisha Dutt expressed excitement about collaborating with one of the leading operators in the Asia-Pacific region, highlighting the transformative impact of their AI-driven Fraud Management and Business Assurance solutions on the operator’s risk management approach. The collaboration focuses on future resilience, growth, and accelerating innovation in the 5G era.
SUBEX LTD Market Price is moving in Ascending channel and market has rebounded from the higher low area of the channel
Dutt further emphasized Subex’s pride in contributing to the operator’s vision, ensuring they remain a trusted provider of digital solutions, and creating meaningful connected experiences for their consumers.
Jupiter Wagons: Jupiter Wagons Surges 6% with Rs 957-Crore Railways Order
Jupiter Wagons bagged the worth of Rs.957 cr order from Railway ministry department for 2237 numbers of railway wagons to manufacture.
Jupiter Wagons Surges 6% on Securing Rs 957-Crore Rail Ministry Order
In early trade on March 7, Jupiter Wagons witnessed a 6% surge after clinching a substantial Rs 957-crore order from the rail ministry.
JUPITER WAGONS LTD Market Price is moving in Ascending channel and market has rebounded from the higher low area of the channel
The Ministry of Railways (Railway Board) has offered a contract to the company for the manufacture and supply of 2,237 BOSM wagons, with a contract value of Rs 956,87,67,500, the company announced.
For the quarter ending December 2023, Jupiter Wagons reported an impressive 82.6% increase in net profit, reaching Rs 81.45 crore. In January, the company secured a contract from a leading automobile manufacturer for manufacturing and supplying four rakes of double-decker automobile carrier wagons, valued at around Rs 100 crore.
Furthermore, in December 2023, the rail ministry awarded Jupiter Wagons a significant order to manufacture and supply 4,000 BOXNS wagons, with a contract value of Rs 1,617 crore.
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