Bigul

L&T; Construction gets Rs 13.87-billion contract in Andhra Pradesh

Engineering major Larsen & Toubro (L&T) today said its construction arm has bagged an order worth Rs 1,387 crore for construction of a bridge across the Krishna river in Andhra Pradesh. "The construction arm of L&T will construct a ...bridge across the river Krishna at Amaravati, Andhra Pradesh. The bridge will connect Pavitrasangamam in Vijayawada and N10 road in Amaravati," the company said in a BSE filing. The Rs 1,387 crore project has been awarded by the Amaravati Development Corporation Ltd (ADCL). L&T has also been entrusted with the operation and maintenance of the bridge for five years, it added. Shares of the company were trading at Rs 1,356.95 apiece, up 1.07 per cent from the previous close on the BSE.
12-06-2018
Bigul

Biocon shares hit record high as cancer drug Pegfilgrastim gets USFDA nod

The stock hit a record high of Rs 695, up 6% on the BSE in opening deal in otherwise weak market.
05-06-2018
Bigul

BSE Midcap index set for worst monthly fall in 18 months

The BSE Midcap index has declined 5.7% thus far in May 2018. In comparison, the S&P BSE Small-cap index has lost 5.6%
31-05-2018
Bigul

Atlanta tanks 20% as auditor Price Waterhouse resigns

The stock locked in lower circuit of 20% at Rs 51.10, also its fresh 52-week low on the BSE.
31-05-2018
Bigul

M&M; hits new high on strong Q4 results

The stock hit a new high of Rs 895, up 3%, extending its 2.2% gain on Tuesday on the BSE in otherwise weak market.
30-05-2018
Bigul

L&T; Construction secures two major orders worth Rs 57.04 billion

Larsen & Toubro's construction arm has won orders worth Rs 5,704 crore in domestic market. "The water and effluent treatment business of L&T Construction has secured orders worth Rs 5,704 crore," the engineering and construction major said in a BSE filing. L&T said it has won two major orders from the Narmada Valley Development Authority (NVDA), government of Madhya Pradesh, for execution of Indira Sagar Project- Parwati phases I and II and Kalisindh phase I Micro Lift Irrigation Schemes. The company has also received an EPC order from the Madhya Pradesh Jal Nigam Maryadit for execution of Buxwaha Multi Village Rural Water Supply Scheme. L&T shares were trading at Rs 1,358.25 apiece, up 1.08 per cent, from the previous close on the BSE.
28-05-2018
Bigul

Manpasand Beverages tanks 20% after Deloitte resigns as auditor

The stock tanked 20% at Rs 345, also its 52-week low on the BSE, after the company announced the resignation of statutory auditor Deloitte Haskins & Sells with effect from May 26, 2018.
28-05-2018

Consumption stocks rule charts in the Narendra Modi regime

BSE Consumer Durables Index has gained 161.57%, BSE Consumer Discretionary Goods and Services 104.68% and BSE FMCG Index 67.39% since the Narendra Modi government came to power
27-05-2018
Bigul

Divi's Labs Q4 net profit up 0.89% at Rs 2.61 bn; total revenue Rs 11.36 bn

The company had posted a net profit of Rs 2.59 billion for the corresponding period of the previous fiscal, Divi's Laboratories said in a BSE filing
26-05-2018
Bigul

L&T; Construction- Marubeni JV bags Rs 31.9 bn order for Dhaka Metro

Larsen & Toubro (L&T) today said L&T Construction has bagged a Rs 3,191 crore order from Dhaka Mass Transit Company for construction of a railway line for Dhaka Metro. L&T said it has secured the order in JV with Marubeni Corporation (Japan) through an international competitive bidding process. "The railways strategic business group of L&T Construction's transportation infrastructure business has won a major design and build order from the Dhaka Mass Transit Company (DMTC) worth Rs 3,191 crore for electrical and mechanical systems package of Dhaka Mass Rapid Transit Development Project (MRT - line 6)," the firm said in a BSE filing. Line 6 is the first route of the Mass Rapid Transit system in Bangladesh. The project is funded by the Japan International Corporation agency (JICA) through bilateral aid from Japan to Bangladesh. Shares of the company were trading at Rs 1,339.90 apiece, up 0.09 per cent, on BSE.
25-05-2018
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