BSE, Happiest Minds, KSB, Lupin, Marico, UTI AMC, Wipro, NALCO, Hindustan Copper and NMDC witnessed strong buying interest from market participants as they scaled their fresh 52-week highs on Friday, signalling bullish sentiment.
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Gaurav Ratnaparkhi of Sharekhan said, On the daily chart, the Nifty has formed an Inside bar for which the breakout level on the upside is at 14,724. The overall structure shows that the benchmark index is preparing for the next leg of the recovery.
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Chandan Taparia of Motilal Oswal Securities said the index formed a high low with support at 14,500 level, but mostly traded inside a trading range.
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NEW DELHI: Nifty saw a gap-up opening on Wednesday and traded on a volatile note before ending slightly above its opening levels. The headline index formed an Inside Bar formation, similar to a Harami Cross pattern as Nifty formed an indecisive candle for the day.
Isgec Heavy Engineering, United Conveyor Corporation sign agreement equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
ISGEC Heavy Engineering to install two waste heat recovery units at Shree Cement’s Raipur cement plant Written by Global Cement staff
08 March 2021
India: ISGEC Heavy Engineering has won a contract for a double waste heat recovery (WHR) unit installation at Shree Cement’s Raipur cement plant. The Business Standard newspaper has reported that the supplier will install one unit on the plant’s pre-heater exhaust, and the other on the 10,500t/day kiln’s cooler exhaust.
Industrial and green energy boilers business head Vinod Luthra said, “This is indeed a very prestigious order for us and we thank Shree Cement for once again showing confidence in ISGEC s capabilities. This is the second project that ISGEC will be successfully setting up for Shree Cement.
ISGEC Heavy Engineering added 2.80% to Rs 489.30 after the company received an order for a slop fired boiler from a sugar manufacturing company for its distillery plant.
ISGEC Heavy Engineering said that the boiler will help the distillery plant achieve zero liquid discharge thereby ensuring a cleaner and greener environment. It will also help in moving towards the ethanol blending initiative of the Government of India.
ISGEC Heavy Engineering is recognized for setting up a wide variety of industrial and green energy, as well as utility boilers. So far ISGEC Heavy Engineering has set up more than 850 boilers across 48 countries, which include approximately 40 slop fired boilers. The announcement was made during market hours today, 1 March 2021.