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Not only railways, these stocks also took off, the stocks went on a rocket as soon as orders worth crores of rupees were received.

Sagar Patel

By Sagar Patel

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Today, not only railway stocks are witnessing a surge in the Indian market, but these two stocks are also flying high. A tremendous surge has also been witnessed in the shares of Wari Renewable Technologies Limited (WRTL) and Man Industries. Both the stocks have surged by 5-5 percent. There is an order worth crores of rupees behind this boom. In fact, Wari Renewable Technologies Limited (WRTL) has bagged the contract to set up a 412.5 MW solar project in Rajasthan. At the same time, Man Industries has bagged a pipeline supply contract worth Rs 1,850 crore from an international oil and gas company.

The company received an order for 412.5 MW

WRTL said in a statement that the contract is related to engineering, procurement and contracting (EPC). However, the company has not disclosed how much contract it has received. The statement said that Wari Renewable Technologies has received the EPC contract for the 412.5 MW capacity solar project from Juna Renewable Energy, a subsidiary of Acciona Energy in Rajasthan.

This project will be set up at Kavani village in Bikaner district of the state. It is a utility scale solar plant, for which Waari Energies will supply bi-directional solar modules. WRTL, a subsidiary of Waari Energies Limited (WEL), deals with all aspects of power generation through thermal, hydro, nuclear, solar, wind and non-conventional/renewable energy sources.

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Man Industries received a large order

MAN Industries said in a statement that under this contract, API 5L grade pipelines will be supplied to an overseas LNG project. The pipeline will be supplied in the next 12 to 18 months. MAN Industries will also supply SAW pipes for this project. With this, the company’s order book will exceed Rs 4,000 crore. MAN Industries (India) is the flagship company of the MAN Group.

Sagar Patel

Sagar Patel

I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,

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