Business Standard

Bajaj Hindusthan up 4.5%

Related News

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.

Read more on:   
|
|
|

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

Recommended for you

Quick Links

Market News

Nickel rises by 0.1% on Asian cues

Traders strengthened positions amid a firming Asian cues

Oil prices rise further in Asia

Expectations of a decline in US crude inventories and robust economic data from the eurozone helped prices

Markets remain rangebound; HUL up over 2%, Hindalco dips 1%

Investors are optimistic about a possible solution between Greece and its international creditors to avert a debt crisis

Pharma shares in focus; Aurobindo Pharma hits new high

JB Chemicals, Alembic Pharma, Aurobindo Pharma, Ipca Laboratories and Dishman Pharma were up 3%-11% each.

Infinite Computer gains on board approval for share buyback proposal

The stock spurted 5% at Rs 171 after the board approved the buyback of shares at a maximum price of Rs 220 per share from the open market ...

 

Back to Top