Petron Engineering wins order worth Rs164 crore from Adani Infra

Petron Engineering Construction Ltd said it won a service order worth Rs164 crore from Adani Infra (India) Ltd for Unit 1 and 2 of 1,320MW Kawai Thermal Power Project, at Baran in Rajasthan.

The scope of work includes erection, testing, commissioning and performance guarantee tests of boiler and its auxiliaries along with critical piping, Petron Engineering said in a statement.

On Monday, Petron Engineering shares ended 1.9% up at Rs444 on the Bombay Stock Exchange, while the benchmark Sensex gained 0.2% to 20,475 points.

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Prime Focus wins orders worth $11 million

Prime Focus Ltd, a visual entertainment services group, said it won orders worth $11 million from two Hollywood studios for 2D to 3D stereoscopic conversion work. The project is to be executed in next three months, the company said in a regulatory filing.

Prime Focus North America, a 100% subsidiary of the group, has filed an application for patenting its trademark technology 'View D' which converts 2D images into 3D.

This conversion process is used for new releases, catalogue, library titles, advertisements, television programmes and other 2D content. Prime Focus has ramped up its existing facilities in North America, UK and India.

On Monday, Prime Focus shares climbed 4.7% to Rs736 on the Bombay Stock Exchange, while the benchmark Sensex gained 0.2% to 20,475 points.

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Bajaj motorcycle sales jump 26% in September

Two-wheeler maker Bajaj Auto Ltd reported its highest ever motorcycle sales in a month at 314,515 units in September, registering 26.2% jump over the same month last year. The company sold 249,133 units in September last year, Bajaj Auto said in a statement.

The best figure by the Pune-based company was achieved on the back of robust performance by its premium bike Pulsar and Discover 100, it added.
Bajaj Auto's exports went up by 26.4% to 101,960 units in last month from 80,681 units in September 2009.

The company reported a rise of 22.9% in its three-wheeler sales during last month at 38,254 units as against 31,121 units during the same month last year.
On Monday, Bajaj Auto shares declined 0.2% to Rs1,534 on the Bombay Stock Exchange, while the benchmark Sensex gained 0.2% to 20,475 points.

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