Anjani Fabrics signs MoU to acquire Balhanuman Fabrics

Anjani Fabrics Ltd, said it has signed a memorandum of understanding (MoU) to acquire Balhanuman Fabrics Pvt Ltd. No financial details of the deal were provided.

With the acquisition of Balhanuman Fabrics, the total production capacity of Anjani Fabrics will increase to almost 2.4 million metre per annum, said the textile company in a statement.

On Friday, Anjani Fabrics shares ended 1.1% down at Rs31 on the Bombay Stock Exchange, while the benchmark Sensex gained 0.9% to 19,594 points.

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Shriram EPC Ltd receives orders worth Rs1,000 crore

Shriram EPC Ltd, along with its associate companies, has received orders worth Rs1,000 crore across various business divisions.

Shriram EPC provides turnkey solutions for thermal power plants, water treatment, renewable energy, cooling towers and material handling.

On Friday, Shriram EPC shares ended 2.1% up at Rs303 on the Bombay Stock Exchange, while the benchmark Sensex gained 0.9% to 19,594 points.

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Jaihind Projects secures orders worth Rs74.6 crore

Jaihind Projects Ltd said it has received orders worth Rs74.6 crore. The first order, worth Rs64.5 crore, is from GAIL (India) Ltd for laying and construction of spurline in Kochi-Koottanad-Bangalore-Mangalore pipeline project.

The second order, worth Rs10.0 crore, is from Rajkot Municipal Corporation for sewage collective system along with house connection system under Rajkot underground sewerage project phase III part II in Zone -3A.

On Friday, Jaihind Projects shares ended 2.4% up at Rs256 on the Bombay Stock Exchange, while the benchmark Sensex gained 0.9% to 19,594 points.

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