Bajaj Hindusthan up 4.5%

The stock gained 4.5 per cent to Rs 222.80 after the company announced Rs 1,600 crore expansion plan. The company at its meeting approved expansion of power generation capacity by 400 Mw by way of setting up new coal based power plants of 80 Mw each at five locations on the land adjacent to the existing sugar factories.

With this, the group’s power generating capacity will increase from 430 Mw to 830 Mw. Last week, a foreign fund, increased its stake in the company to 5.04 per cent from 4.62 per cent after acquiring 7.45 lakh shares representing 0.42 per cent of the equity capital through open market purchases.

image
Business Standard
177 22
Business Standard

Bajaj Hindusthan up 4.5%

BS Reporter  |  Mumbai 

The stock gained 4.5 per cent to Rs 222.80 after the company announced Rs 1,600 crore expansion plan. The company at its meeting approved expansion of power generation capacity by 400 Mw by way of setting up new coal based power plants of 80 Mw each at five locations on the land adjacent to the existing sugar factories.

With this, the group’s power generating capacity will increase from 430 Mw to 830 Mw. Last week, a foreign fund, increased its stake in the company to 5.04 per cent from 4.62 per cent after acquiring 7.45 lakh shares representing 0.42 per cent of the equity capital through open market purchases.

RECOMMENDED FOR YOU

Bajaj Hindusthan up 4.5%

The stock gained 4.5 per cent to Rs 222.80 after the company announced Rs 1,600 crore expansion plan. The company at its meeting approved expansion of power generation capacity by 400 Mw by way of setting up new coal based power plants of 80 Mw each at five locations on the land adjacent to the existing sugar factories.

The stock gained 4.5 per cent to Rs 222.80 after the company announced Rs 1,600 crore expansion plan. The company at its meeting approved expansion of power generation capacity by 400 Mw by way of setting up new coal based power plants of 80 Mw each at five locations on the land adjacent to the existing sugar factories.

With this, the group’s power generating capacity will increase from 430 Mw to 830 Mw. Last week, a foreign fund, increased its stake in the company to 5.04 per cent from 4.62 per cent after acquiring 7.45 lakh shares representing 0.42 per cent of the equity capital through open market purchases.

image
Business Standard
177 22

LIVE MARKET

BSE

  ( %)

NSE

  ( %)

Widgets Magazine

More News

STOCK WATCH

Company Price() Chg(%)
Novartis India 833.10 17.16
Redington India 120.80 11.29
Firstsour.Solu. 41.60 5.32
Neyveli Lignite 71.45 4.69
Hathway Cable 32.75 4.13
> More on BSE Gainers
Company Price() Chg(%)
Redington India 120.85 10.97
Firstsour.Solu. 41.55 5.32
Neyveli Lignite 71.55 4.84
Kwality 113.00 4.15
Essel Propack 202.75 3.95
> More on NSE Gainers
Company Price() Chg(%)
VRL Logistics 315.10 -19.99
GVK Power Infra. 4.84 -11.52
Hind.Copper 42.75 -9.33
Just Dial 640.85 -8.74
HSIL 285.10 -8.52
> More on BSE Gainers
Company Price() Chg(%)
VRL Logistics 314.75 -19.99
GVK Power Infra. 4.85 -11.01
Hind.Copper 42.75 -9.62
HSIL 284.75 -8.57
Just Dial 640.75 -8.14
> More on NSE Gainers
Widgets Magazine
Widgets Magazine
Widgets Magazine

Derivatives

Index
Instrument Type
Expiry Date
Option Type
Strike Price

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard