Check out the companies which will be in focus during trade today based on recent and latest news developments.
Mahindra & Mahindra: Mahindra & Mahindra Chairman & MD Anand Mahindra has been conferred with 'Chevalier de la Legion d'Honneur' (Knight of the Legion of Honour) by the French authorities.
Concor: The government will sell 5% stake in Container Corporations of India (Concor) at a minimum price of Rs 1,195 a piece, to garner Rs 1,165 crore.
NTPC: NTPC Kudgi Super Thermal Power Project’s (STPP) first unit of 800 MW is set to start commercial production in September, reports a business daily.
ABG Shipyard: Lenders to ABG Shipyard Ltd are in talks with an investor to sell a majority stake in India’s largest private shipbuilding company as part of the strategic debt restructuring (SDR) invoked by them in December, reports a business daily.
NALCO: NALCO is planning to buy back up to 32.5 billion rupees of government shares will be delayed to the next fiscal year because of procedural delays, a government official said.
Maruti Suzuki India: Maruti Suzuki India launched its new compact SUV 'Vitara Brezza' at an introductory price range of Rs 0.7 mn and Rs 1mn (ex-showroom Delhi).
ITC: The company received Telangana Goverment approval for pulp manufacturing unit in Bhadrachalam.
L&T: L&T Technology Services, a wholly-owned subsidiary of construction major L&T, is putting final touches to its proposed IPO, reports a financial newspaper. The IPO is slated to hit the market later this year, says the paper.
Future Consumer Enterprise: Future Consumer Enterprise Ltd. (FCEL) has signed two separate MoUs with agri commodity companies - LT Overseas and Cargill - to manufacture edible oil and staples, including rice.
Mindtree: Mindtree issued warning of a marginal revenue growth in Q4 FY16 mainly due to delay in commencement of few projects.
Nitesh Estates: The company informed BSE that its wholly owned subsidiary (100% WOS) has signed a Memorandum of Understanding for a high rise residential project.
RPP Infra Project: PP Infra Project bagged two orders worth Rs 56.5 crore from Neyveli Lignite Corporation.
Jaiprakash Associates: Jaiprakash Associates has announced that interest was payable on the Bonds on the semi-annual interest payment date of March 07, 2016.
Va Tech Wabag: The company said its consortium has won Rs.594 crore water reclamation plant order from Chennai Metropolitan water supply and sewerage board.
Elecon Engineering: The company has informed BSE that it has been awarded a prestigious order from Garden Reach Shipbuilders and Engineers Limited for supply of Marine Gearboxes aggregating worth of Rs. 225 crores.
Marsons: The company informed BSE that it has bagged EPC Contract worth Rs. 780 million from Tekelec General Trading LLC.
Dalmia Bharat: Dalmia Bharat has received CCI's approval to acquire 15% stake in its subsidiary Dalmia Cement Bharat from KKR for over Rs. 1,218 crore in a cash and stock deal, according to reports.
Syndicate Bank: Central Bureau of Investigation (CBI) sleuths carried out searches at 10 locations in Jaipur, Udaipur and Delhi in connection with the case of alleged illegal fraud to the tune of Rs 1,000 in Syndicate Bank.
Concor: The government will sell 5% stake in Container Corporations of India (Concor) at a minimum price of Rs 1,195 a piece, to garner Rs 1,165 crore.
NTPC: NTPC Kudgi Super Thermal Power Project’s (STPP) first unit of 800 MW is set to start commercial production in September, reports a business daily.
ABG Shipyard: Lenders to ABG Shipyard Ltd are in talks with an investor to sell a majority stake in India’s largest private shipbuilding company as part of the strategic debt restructuring (SDR) invoked by them in December, reports a business daily.
NALCO: NALCO is planning to buy back up to 32.5 billion rupees of government shares will be delayed to the next fiscal year because of procedural delays, a government official said.
Maruti Suzuki India: Maruti Suzuki India launched its new compact SUV 'Vitara Brezza' at an introductory price range of Rs 0.7 mn and Rs 1mn (ex-showroom Delhi).
ITC: The company received Telangana Goverment approval for pulp manufacturing unit in Bhadrachalam.
L&T: L&T Technology Services, a wholly-owned subsidiary of construction major L&T, is putting final touches to its proposed IPO, reports a financial newspaper. The IPO is slated to hit the market later this year, says the paper.
Future Consumer Enterprise: Future Consumer Enterprise Ltd. (FCEL) has signed two separate MoUs with agri commodity companies - LT Overseas and Cargill - to manufacture edible oil and staples, including rice.
Mindtree: Mindtree issued warning of a marginal revenue growth in Q4 FY16 mainly due to delay in commencement of few projects.
Nitesh Estates: The company informed BSE that its wholly owned subsidiary (100% WOS) has signed a Memorandum of Understanding for a high rise residential project.
RPP Infra Project: PP Infra Project bagged two orders worth Rs 56.5 crore from Neyveli Lignite Corporation.
Jaiprakash Associates: Jaiprakash Associates has announced that interest was payable on the Bonds on the semi-annual interest payment date of March 07, 2016.
Va Tech Wabag: The company said its consortium has won Rs.594 crore water reclamation plant order from Chennai Metropolitan water supply and sewerage board.
Elecon Engineering: The company has informed BSE that it has been awarded a prestigious order from Garden Reach Shipbuilders and Engineers Limited for supply of Marine Gearboxes aggregating worth of Rs. 225 crores.
Marsons: The company informed BSE that it has bagged EPC Contract worth Rs. 780 million from Tekelec General Trading LLC.
Dalmia Bharat: Dalmia Bharat has received CCI's approval to acquire 15% stake in its subsidiary Dalmia Cement Bharat from KKR for over Rs. 1,218 crore in a cash and stock deal, according to reports.
Syndicate Bank: Central Bureau of Investigation (CBI) sleuths carried out searches at 10 locations in Jaipur, Udaipur and Delhi in connection with the case of alleged illegal fraud to the tune of Rs 1,000 in Syndicate Bank.
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