Tuesday 26 December 2017

Stocks in the news: Welspun Corp, Coromandel International, Lumax Auto, BHEL, Cummins, Suzlon, GVK Power

Indian Renewable Energy Development Agency files for IPO
Indian Renewable Energy Development Agency gets ‘In-principle’ approval from BSE & NSE for listing of equity shares
Welspun Corp wins order to supply 124k MT pipes
Current order book at Rs 7400cr

Other stocks and sectors in the news
  • Coromandel International acquires bio Pesticides business of EID Parry for Rs 338 crore
  • Power Mech - Incorporation of a 50% JV Company along with Skipper T&D in DMCC (Dubai multi commodities centre), Dubai to support its international operations
  • Lumax Auto confirms IT raids on premises
  • BHEL bags Rs 672 crore order for electrics for 25 kV Mainline EMU Trains
  • Corporation Bank approves raising of Rs 6500 crore by various means
  • Tata Power wins mining license project in Kamchatka, Far East Russia
  • Birla, Piramal-Bain, Shree line up to buy Binani Cement - BS
  • Cummins may buy Kirloskar Oil Engines
  • Suzlon to sell its stake in Shanay and Saroja to Skeiron renewable energy for Rs 280 crore
  • GVK Power unit wins bid for 17,06,300 tonnes coalSEBI revokes shell company status on Prakash Industries

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