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Tuesday, September 16, 2014

TOP CORPORATE NEWS-16 Sep 2014

Equity Tips
BHEL to set up 20MW solar power plant in Odisha
Bharat Heavy Electrical Limited has enhanced its presence in the green energy sector, by winning a bid to construct a 20 MW solar power plant in Odisha.

Cox and Kings closed 6% up on fund raising plans
Shares of Cox and Kings closed 6% higher, on reports that company is planning to raise about Rs 300-350 crore via qualified institutional placements.

Piramal Enterprises stock surges 4%
Shares of Piramal Enterprises Ltd closed 4% higher on reports that German firm DiaSys Diagnostic Systems GmbH has agreed to buy diagnostic solutions business from Ajay Piramal-led Piramal Enterprises Ltd for an undisclosed amount.

Tata Motors was down nearly 3%
Tata Motors was down nearly 3% after global wholesales in August 2014, including Jaguar Land Rover, stood at 73,524 units showing a declination of 10% from the corresponding month last year.

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