Maruti Suzuki shares surged after the government approved legal recognition for 100% ethanol blend fuel (E100). This move, championed by Nitin Gadkari, aims to reduce India’s import dependence and boost energy security. Maruti’s recent launch of India’s first flex-fuel passenger vehicle positions it as a direct beneficiary of this policy shift.
KSB shares rally 7% after securing Rs 118 crore export order for boiler feed pumps
KSB shares gained 7% after the company secured a $12.4-million export order from Dangote Projects Free Zone Enterprise for 18 boiler feed pump packages.