NMDC , NTPC Green Energy, MobiKwik and more: Stocks to watch on Friday
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Here are some of the top developments investors should keep an eye on:
NMDC Ltd. has revised the prices of iron ore lumps and fines for the first time in four months. The new rates are effective from May 1, signaling a potential shift in the steel sector’s input costs.
NTPC Green Energy, a subsidiary of NTPC, has commissioned 75 MW of solar power under its joint venture with IRCON Renewable, as part of a larger 500 MW project.
NBCC (India) Ltd. has secured a new project worth ₹95.66 crore from the Sushma Swaraj Institute of Foreign Service, boosting its order book in the government infrastructure segment.
MobiKwik received a regulatory boost as its subsidiary Zaak ePayment Services got approval from the Reserve Bank of India to operate as an online payment aggregator.
Paytm announced the incorporation of Paytm Arab Payments L.L.C. in the UAE through its unit Paytm Cloud Technologies, marking a strategic expansion into the Middle East fintech market.
Nitco Tiles landed a major order worth ₹111 crore from Prestige Estates Projects for supplying tiles and marble, which could significantly enhance its revenue visibility.