As the question of stretched valuations continues to swirl through Dalal Street, promoters seem to be firmly on course toward breaking the hitherto all-time calendar-year stock dilution record – set in the 2020 Covid era. So far in 2024, both domestic and overseas promoters have sold shares worth nearly ₹65,000 crore – not far from the 2020 high watermark of ₹78,500 crore.
HBL Engineering shares jump 5% after bagging Rs 133 cr railway contract for Kavach safety system
HBL Engineering, in a stock exchange filing, said the Kavach implementation project spans the 446-km Vijayawada–Ballarshah section, covering 48 stations and 10 locomotives. The project