Top stocks in focus today: BHEL, Suzlon, Cummins, EID-Parry
Larsen & Toubro received Delhi Expo Centre phase-I contract for Rs2,790cr.
Bhel said it secured a landmark contract for 146 sets of Insulated Gate Bipolar Transistor (IGBT)-based 3 phase electrics for 25 kilovolt (KV) AC Mainline EMU (MEMU) trains.
Tata Power announced that its Russian subsidiary, Far Eastern Natural Resources LLC, has been awarded the mining license of a thermal coal mine in Kamchatka province in Far East Russia.
Welspun Corp announced that it has received orders for supply of 124 K MTs pipes. With the addition of these orders, the company has current order book of 1,198 K MTs valued at Rs7,400cr.
Bharat Financial Inclusion said it completed third securitization transaction of Rs653cr in FY 2018. The company assigned a pool of receivables of an aggregative value of Rs653cr to one of the largest public sector banks on direct assignment basis, as per the guidelines of the RBI.
Tech Mahindra to acquire 32.07% stake in Comviva Technologies for Rs328.65cr.
Dewan Housing Finance approves additional investment of Rs16.3cr in Social Worth Technologies.
EID-Parry (India) signed a term sheet to transfer its bio-pesticides business through a slump sale together with its entire stake in the wholly-owned subsidiary, Parry America Inc, USA to Coromandel International, a subsidiary of the company.
Power Mech Projects has informed the Exchange regarding ‘Incorporation of a 50% JV Company along with Skipper T&D in DMCC (Dubai multi commodities centre), Dubai, to support its international operations’.
Cummins may buy Kirloskar Oil Engines, as per media reports.
Suzlon to sell its stake in Shanay and Saroja to Skeiron renewable energy for Rs280cr.
GVK Power unit wins bid for 17,06,300 tonnes coal.
SEBI revokes shell company status on Prakash Industries.
Thyssenkrupp to have 50% stake in Tata Steel joint venture for six years.