Tembo Global Wins Rs 1.07 Billion Order From Adani Group

26 Nov 2025 CW Team

Tembo Global Industries advanced 1.08 per cent to Rs 810.90 after announcing that it has secured an order worth Rs 1.0705 billion from Adani Enterprises and its group companies.

The contract includes project planning, management, design, oversight and consultancy services for multiple infrastructure projects. The order, valued at Rs 1,070,520,000, is expected to be completed within 18 months.

Tembo Global Industries specialises in the production and assembly of metal components for pipe support systems, fasteners, anchors, HVAC and anti-vibration systems. It supplies equipment for industrial, commercial, utility and OEM applications and also trades metal products that complement its manufacturing operations.

The company’s consolidated net profit rose 37.7 per cent to Rs 200.8 million on a 93.2 per cent surge in net sales to Rs 2.4541 billion in Q2 FY26 compared with Q2 FY25.

Adani Enterprises, the flagship firm of the Adani Group, operates across airports, technology parks, roads, data centres and water infrastructure. Its consolidated net profit jumped 83.65 per cent to Rs 31.9875 billion, even as revenue from operations declined 6.01 per cent to Rs 212.4851 billion in Q2 FY26. The stock rose 0.80 per cent to Rs 2,450.70 on the BSE.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..