11 months ago
Business Roundup: KEC, Maruti, Hyundai Sales Soar
Several companies reported significant news.
KEC International got large orders, and Maruti Suzuki and Hyundai saw increased sales.
V2 Retail expanded with new stores.
Brigade Group has a new residential project.
Refex Industries will restructure its green mobility business.
Omaxe is partnering with IHCL for a hotel.
Dr. Reddy’s has positive news for a medicine.
JK Lakshmi Cement expanded capacity.
Emkay Global got a new investor.
AU Small Finance Bank partnered with Zaggle for credit cards.
Sam Industries is building a warehouse for Delhivery Ltd., and Patel Chem is doing an independent project.
KEC International secured ₹3,243 crore in new orders.
Maruti Suzuki and Hyundai Motor India saw increased sales.
V2 Retail launched six new outlets, reaching 250 stores.
Brigade Group signed a joint development agreement for a residential project in Bengaluru.
AU Small Finance Bank partnered with Zaggle to launch co-branded cards.
- Who
- KEC International, Maruti Suzuki, Hyundai Motor India, V2 Retail, Brigade Group, Refex Industries, Omaxe, Dr. Reddy’s, JK Lakshmi Cement, Emkay Global, AU Small Finance Bank, Zaggle, Sam Industries, Patel Chem Specialities.
- What
- Companies announced new orders, sales figures, project developments, partnerships, expansions, and regulatory approvals.
- Where
- UAE, Americas, India (Bengaluru, Dwarka, Indore, Surat, etc.) and Europe.
- When
- Announcements were made on September 23, 2025.
- Why
- These updates are significant for investors and the market.
Company Growth
Market Analysis
KEC's Order Win
Company Growth
KEC International secured new orders worth ₹3,243 crore.
Market Analysis
Axis Securities maintains a ‘Buy’ rating on KEC, expecting a 10% upside.
Key facts
- KEC International
- Secured ₹3,243 crore in new orders for transmission and distribution projects
- Maruti Suzuki India
- Retail sales expected to exceed 30,000 units on September 23, 2025
- Hyundai Motor India
- Recorded around 11,000 dealer billings in a single day
- V2 Retail
- Launched six new outlets, reaching 250 total
- Brigade Group
- Signed agreement for a ₹1,200 crore residential project
- Refex Industries
- To restructure its Green Mobility Business
- Omaxe Ltd
- Partnered with IHCL for a hotel in Dwarka
- Dr. Reddy’s
- Positive EMA opinion for biosimilar of Prolia® and Xgeva®
- JK Lakshmi Cement
- Increased cement capacity to 18 MTPA
- Emkay Global
- Kirti Doshi's entity invested over 21% stake
- AU Small Finance Bank
- Partnered with Zaggle for co-branded cards
- Sam Industries
- Received Letter of Intent from Delhivery Ltd. for construction of a warehouse
- Patel Chem Specialities
- Executed independent turnkey project service agreement with J&H Pharma Consultants
Timeline
Tech firms poured money into AI, sparking investor interest.
Meanwhile, the Fed eyed interest rate cuts, too.
These factors fueled a market-friendly climate.
Experts foresee ongoing tech sector expansion.
Several companies announced major developments, impacting markets.
Quotes
Vimal Kejriwal
MD & CEO of KEC International Ltd
“This order has further strengthened our presence in the Middle East and substantially expanded our international T&D order book. The Middle East region continues to be a strategic growth driver for us, as reflected in this order and those secured earlier this year.”
businesstoday.in
Tarun Garg
COO of Hyundai Motor India
“On Day 1 aone, the automaker had recorded around 11,000 dealer billings, which is our highest single-day performance in the last five years.”
thehindubusinessline.com
Sources
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