Ashok Leyland, the Hinduja flagship, has won an order for supply of 2,850 buses from the Institute for Road Transport (IRT), the nodal agency for procurement of vehicles for Tamil Nadu government. No financial details of the contract were provided.
The 2,850 buses order is from across the seven state transport undertakings in Tamil Nadu, including the Metropolitan Transport Corporation, State Express Transport Corporation and the Tamil Nadu State Transport Corporations of Villupuram, Salem, Coimbatore, Kumbakonam and Madurai.
On Friday, Ashok Leyland shares ended 1.9% up at Rs76 on the Bombay Stock Exchange, while the benchmark Sensex gained 0.9% to 19,594 points.
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.
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.