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Stocks to Watch: Lenskart, RVNL, GR Infra, Welspun, HEG, Nibe, Manika Plastech in Focus Today
M
Moneycontrol•21-09-2026, 01:35
Stocks to Watch: Lenskart, RVNL, GR Infra, Welspun, HEG, Nibe, Manika Plastech in Focus Today
- •Lenskart Solutions: Platinum Jasmine A 2018 Trust plans to sell up to 1.7% stake (3 crore shares) in a block deal worth Rs 2,047.4 crore at Rs 682.45 per share.
- •Rail Vikas Nigam (RVNL) secured a Rs 404.88 crore project from East Coast Railway; Welspun Enterprises' subsidiary won two sewer rehabilitation projects worth Rs 351.24 crore.
- •GR Infraprojects received an appointed date for its Rs 4,262.78 crore Agra-Gwalior Greenfield road project from NHAI.
- •Knowledge Marine & Engineering Works secured its third Green Tug contract from Mumbai Port Authority, valued at Rs 279.33 crore; HEG's subsidiary received Rs 217.56 crore orders from Indus Towers.
- •Nibe Group signed an MoU with France's Naval Group for cooperation in modern naval technologies, including shipbuilding, defense platforms, and autonomous systems.
Key Questions Answered
Platinum Jasmine A 2018 Trust plans to sell up to 3 crore equity shares, which is a 1.7 percent stake in Lenskart, through a block deal. The offer size is estimated at Rs 2,047.4 crore with a floor price of Rs 682.45 per share.
Welspun Enterprises' subsidiary, Welspun Michigan Engineers, secured two sewer rehabilitation projects worth Rs 351.24 crore from the Ahmedabad Municipal Corporation, with funding provided by the World Bank.
The Board of VIP Industries approved a proposal to raise funds amounting to Rs 500 crore in FY27 across one or more tranches to accelerate ongoing growth initiatives and support long-term value creation.
