Octant Interactive Technologies Ltd said it has received export orders worth $1.02 million to supply castor derivatives to Canada, US, Saudi Arabia and Tunisia.
On Monday, Octant Interactive shares ended 1.1% up at Rs12 on the Bombay Stock Exchange, while the benchmark Sensex gained 1.6% to 19,906 points.
Sujana Universal Industries Ltd (SUIL) said it will soon initiate the process to merge EBC Bearings Ltd (EBC) with itself. SUIL bought EBC, which owns a facility in Hyderabad that can manufacture medium and large sized bearings.
Sujana Universal's light engineering components division has capacity to manufacture ball and taper bearings of 300 mm. The acquisition of EBC will enable Sujana Universal to expand the product range up to 700 mm. It will also help to meet the demand for large bearings in India which is presently being met through imports.
On Monday, Sujana Universal shares rose 0.3% to Rs10 on the Bombay Stock Exchange, while the benchmark Sensex gained 1.6% to 19,906 points
IVRCL Infrastructures & Projects Ltd said its consortium with Kakade Infrastructure won an order worth Rs1,500 crore for construction-related works.
The scope of work includes extension of the Pune-Mumbai Expressway, widening of flyovers and underpasses and establishment of foot over-bridges from BARC to Kalamboli junction, the company said in a filing to the Bombay Stock Exchange (BSE).
The project will be developed by the company's subsidiary, IVRCL Assets & Holdings, while the company will do the construction work itself. The project is expected to be completed in the next 36 months, it added.
On Monday, IVRCL Infra shares ended 0.9% up at Rs159 on the BSE, while the benchmark Sensex gained 1.6% to 19,906 points.