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Hero MotoCorp in focus after September sales

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Capital Market

Hero MotoCorp said it set a new global benchmark in the two-wheeler industry, surpassing the seven lakh sales mark in any month. The company said its total sales rose 6.78% to 7.20 lakh units in September 2017 over September 2016. The announcement was made after market hours yesterday, 3 October 2017.

Mahindra & Mahindra Financial Services said that its board will meet on Friday, 6 October 2017, to consider augmenting the long term fund requirements of the company including by way of issuance of securities and/or other means, subject to such approvals as may be required. The announcement was made after market hours yesterday, 3 October 2017.

 

Yes Bank said it successfully raised Rs 1500 crore of Basel III compliant Tier-II bonds through private placement against the base issue size of Rs 1500 crore. The announcement was made after market hours yesterday, 3 October 2017.

L&T Infotech clarified after market hours yesterday, 3 October 2017, that the $100 million contract from CBDT was received in July 2016. The clarification was issued with reference to news item titled, 'L&T Infotech bags $100 million contract to help pin down tax evaders.'

Ahluwalia Contracts said it bagged construction and re-development orders worth Rs 555.77 crore. The announcement was made after market hours yesterday, 3 October 2017.

Bombay Rayon Fashions said its board approved allotment of 1.93 crore equity shares of Rs 10 each at an issue price of Rs 140.50 per share to State Bank of India, a lender of the company in accordance with BRFL Scheme for Sustainable Structuring of Stressed Assets (BRFL S4A scheme). The announcement was made after market hours yesterday, 3 October 2017.

Ducon Infratechnologies said that Ducon Technologies (India) secured three electrification work projects in the state of Madhya Pradesh. The total value of the order is approximately Rs 50 crore. These are turn key projects for strengthening of sub-transmission and distribution networks of three districts in the state of Madhya Pradesh. The announcement was made after market hours yesterday, 3 October 2017.

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First Published: Oct 04 2017 | 8:01 AM IST

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