Vikran Engineering shares rose sharply on Wednesday after the company secured a Rs 2,035 crore EPC order from Onix Renewables for developing 600 MW AC solar projects in Maharashtra. The turnkey project, to be completed in 12 months, strengthens Vikran’s renewable energy portfolio and boosts its order book.
Auto sector still robust, but limited upside left at current valuations: Anand Tandon
Market expert Anand Tandon observes that while the Indian auto sector shows resilience, its optimism is largely priced into current valuations, which appear stretched globally.