ISGEC Heavy Engineering Ltd is experiencing increased bullish sentiment, signaled by improvements in key technical indicators such as the Moving Average Convergence Divergence (MACD) and significant increase in trading volumes, suggesting a growing interest from investors.

ISGEC Heavy Engineering has been ordered to pay a sum of INR 3.77 million, consisting of a penalty and interest accrued due to an overclaimed Input Tax Credit (ITC) in FY 2022-23. The company intends to file an appeal to contest this demand.

ISGEC Heavy Engineering's board has agreed to provide a $1.2M (₹11.2 Cr) guarantee, facilitating Isgec Eswatini, their fully-owned subsidiary, to secure necessary performance bank guarantees.

Isgec Heavy Engineering has entered into a collaboration agreement with Nigeria's Sugar Council, aiming to provide technical assistance for the development of sugar plants in Nigeria.

ISGEC Heavy Engineering Ltd has been given the green light to restart full-scale production at their Muzaffarnagar facility, following submission of necessary documents to comply with air quality regulations.