Supreme Infra wins two orders worth Rs69 crore

Supreme Infrastructure India Ltd said it won two orders worth Rs69 crore for construction related works.

The first order is from Director General Married Accommodation Project for the construction of dwelling units at Babina in Jhansi worth Rs51 crore. The estimated time for completion is 25 months. The second project is from Housefed Punjab for construction of 96 flats at Kapurthala, Punjab. This order will be executed by the company along with Zanders Engineering Ltd. The total cost of the project is Rs18 crore and the estimated time period is 18 months.

On Wednesday, Supreme Infra shares ended 1.8% down at Rs281 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.6% up at 20,465 points

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Bajaj motorcycle October sales up 32% to 3.3 lakh units

Two- wheeler maker Bajaj Auto Ltd (BAL) reported its highest ever motorcycle sales in a month at 3,29,776 units in October, registering 32.1% jump over the same month last year. The company had sold 2,49,681 units in October last year.
BAL's exports went up 31.4% to 1,10,387 units in last month from 84,012 units in October, 2009.

The company reported a rise of 34.6% in its three-wheeler sales during last month at 41,040 units as against 30,481 units during the same month last year.

Total vehicle sales of the company in last month stood at 3,70,816 units compared to 2,80,455 units in the same period a year ago, a growth of 32.2%, the statement said.

On Wednesday, BAL shares ended 2.3% up at Rs1,581 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.6% up at 20,465 points.
 

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Fortis Healthcare Q2 net profit zooms 475% to Rs74.8 crore

Fortis Healthcare Ltd said its second quarter net profit zoomed 475% to Rs74.8 crore from Rs13 crore due to onetime gains.

Net profit of Rs74.8 crore in the second quarter also includes the net profit of Rs53.9 crore made on the divesture of Singapore-based hospital chain Parkway investments, the company said in a regulatory filing.

Total revenues of the company rose to Rs357.9 crore in the September quarter from Rs190.5 crore in the year-ago period. 

On Wednesday, Fortis Healthcare shares gained 1.4% to Rs166 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.6% up at 20,465 points.
 

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