Entries Tagged 'Stock News' ↓

Lanco Infratech said on Tuesday that it received letter of acceptance from Airports Authority of India (AAI) for construction of a new terminal building at Varanasi airport worth Rs 823.9 million.

With an aim to reduce dependence on fast depleting energy resources and promote the use of non-conventional energy driven products in daily life, Exide Industries Ltd, India’s leading automotive and industrial storage battery maker, launched a wide range of state-of-the-art Solar Water Heaters in Hyderabad today.

Mr. Y S Rajasekhar Reddy, Honourable Chief Minister, Andhra Pradesh unveiled Exide’s range of solar water heaters today in Hyderabad in the presence of Mr V Subramanian, Secretary, ministry of new and renewable energy, Government of India and other dignitaries. Mr P K Kataky, Director, Automotive, Exide Industries Ltd was also present during the occasion

Housing Development & Infrastructure (HDIL) announced on Monday that it entered into an MoU for purchase of 8.32 acres of property belonging to Kilburn Engineering situated at Bhandup for a total consideration of Rs 1,247 million. Subject to necessary approvals, the transaction will be effected in stages over a period of time.

HDIL is engaged in real estate development in India with significant operations in Mumbai. Since its incorporation in 1996, the company has developed 24 projects covering nearly 11.3 million sq. ft. of saleable area, including 5.7 million sq. ft. of land sold to other builders after land development, primarily in the Mumbai.

India’s leading software firm TATA Consultancy Services has bagged a major outsourcing contract by AGL Energy Ltd, Australia’s largest integrated energy company. The $16 million TATA contract, which is part of a major technology overhaul at AGL, is predicted to save the Australian company about $12 million a year, for five years.

Hindustan Construction Company has bagged a Rs 415-crore water tunnel project from BMC to be completed in 2012. This is the second major order bagged by the company from BMC for water tunnel construction.

On Friday Hindustan Construction Company shares closed down 4.36% and currently trading at Rs.119.50 on Nse Stock Exchange.

DLF is close on finalising the real estate deal of Swatantra Bharat Mills (SBM) with DCM Shriram Consolidated (DSCL) for over Rs 1.6 billion, reports Economic Times.

After this deal of of acquiring DSCL`s SBM property stretching over 38 acres, DLF will have a massive 65-acre landbank in Delhi. The deal which is set to be the largest private sector land deal in the country may also be the first integrated township of its kind, combining an IT SEZ with a massive housing supply for those working in the SEZ.

Shares of the company closed up Rs 6.40, or 1.09%, at Rs 603.30. The total volume of shares traded at the BSE was 1,360,074. (Tuesday)

NTPC hits 52-week high

NTPC has touched a 52-week high of Rs 176.80. At 11:14 am, the share is quoting at Rs 176.15, up Rs 8.40, or 5.01%.

It is trading with volumes of 993,063 shares. Yesterday the share closed up 1.79% or Rs 2.95 at Rs 167.75.