CEIGALL Wins ₹5,300 Cr Order, RVNL Emerges As Lowest Bidder For ₹404.88 Cr East Coast Railway Project & More
- Share.Market
- 10 min read
- 04 Sep 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Snapping a four-day losing streak, Nifty 50 and Sensex ended a volatile trading session in the green on Friday, September 04, tracking positive global cues. On the sectoral front, Nifty Metal emerged as the top leader, while Nifty Realty was the top loser.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
LALITHAALalithaa Jewellery Mart has expanded its retail presence by launching its 65th showroom in Redhills, Chennai. Spanning 6,918 sq. ft., the new outlet offers an extensive range of gold, diamond, and silver collections under one roof. The opening is driven by growing customer demand as the brand continues expanding its retail network across key emerging and established jewellery markets.
STLTECHSterlite Technologies’ board has approved a ₹3,000 crore capital expenditure plan to expand its existing manufacturing capacity by approximately 50% by the end of FY29. Funded through internal accruals and debt, the expansion aims to cater to growing global demand for Optical Fibre Cables and connectivity solutions while enhancing the company’s overall manufacturing capabilities from its current 70% utilisation.
CEIGALLCeigall India has secured a Letter of Intent worth ₹5,300 crore from RECPDCL for a major power transmission project in Gujarat. The scope includes developing a 765/400 kV AIS substation and 300 km of transmission lines over 36 months. The project will generate ₹608.67 crore in annual transmission charges over a 35-year operational period, strengthening power evacuation from key renewable zones.
WEWORKWeWork India plans to develop a 10 MWp ground-mounted solar power plant in Karnataka by Q1 2027. Generating 15–16 million units of clean electricity annually, the plant will power 10 workspace centres in Bengaluru. This investment will increase the company’s renewable electricity share to 50%, accelerating its target to transition to 100% renewable electricity by March 2028.
RVNLRail Vikas Nigam has emerged as the lowest bidder (L1) for an East Coast Railway project valued at ₹404.88 crore. The contract involves executing roadbed, bridges, track linking, and electrification works between Khurda Road and Gangadharpur for the 3rd line project. The domestic contract carries an execution timeline of 30 months in the normal course of business.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 03 Sep 2026 | -2,345.87 | 4,977.46 |
| 02 Sep 2026 | 6,688.37 | 2,812.98 |
| 01 Sep 2026 | 1,143.38 | 1,846.94 |
| Month-to-Date | 5,485.88 | 9,637.38 |
What’s Happening Beyond Markets?
- India’s steel sector recorded positive growth from April to August 2026. Finished steel production rose 3.8% to 68.1 Mt, while consumption increased 7.0% to 70.3 Mt, although India remained a net importer during this period.
- The Bharat Tex Trade Federation and Première Vision SA signed a multi-year MoU in Paris. This strategic partnership aims to connect Indian textile manufacturers with premium global fashion networks, shifting focus from volume-driven exports to high-value segments.
- GeM and the Textiles Committee signed an MoU to promote public procurement of recycled and upcycled textile products. This collaboration will create dedicated GeM categories, transforming pre- and post-consumer textile waste into value-added government supplies.
- SEBI issued a consultation paper proposing net settlement for mutual fund cash market trades. The move aims to ease liquidity pressures, improve settlement efficiency, and reduce short-term funding reliance, while maintaining existing regulatory safeguards and delivery-based obligations.
- As per a KPMG report, India’s manufacturing sector must grow at a 13.1% CAGR to reach USD 7.5 trillion by 2047. Currently growing at 7.9%, the sector requires significant workforce productivity improvements and operational redesigns to achieve this target.
- As per data released by the US Bureau of Economic Analysis (BEA) and the US Census Bureau, the US goods and services trade deficit surged 24.4% in July to hit USD 88.6 billion, driven by rising imports and falling exports. During this period, the US recorded a USD 5 billion goods trade deficit with India.
Corporate Actions
Ex Date and Record Date: 08 September 2026
To qualify for a dividend, investors must buy shares before the ex-dividend date. This accommodates the trade settlement period, ensuring that they are officially registered as shareholders by the record date.
| Stock | Event Type | Event Details |
| APL Apollo Tubes Ltd. | Dividend | Final Dividend, ₹8.50 |
| Skipper Ltd. | Dividend | Final Dividend, ₹0.10 |
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Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back to cut through the noise, so you can focus on investing intelligently.
