Stocks in focus today: Crompton Greaves has bagged a 17 million euro (Rs 125 crore) order from Spanish utility Gas Natural Fenosa (GNF) for supplying ZIV single and three phased smart meters.(Photo: PTI)
The BSE Sensex and NSE Nifty opened on a weak note on Tuesday after Asian shares fell to three-week lows on China worries. At 9.20 am, Sensex was down 263.99 points at 25,352.85. Similarly, Nifty was down 81.50 points at 7,714.20 during the same time.
Stocks that are likely to be in focus
Rate sensitive stocks will be in focus ahead of the Reserve Bank of India’s (RBI) monetary policy review, which is scheduled around at 11 am.
Crompton Greaves: The Avantha Group company Crompton Greaves has bagged a 17 million euro (Rs 125 crore) order from Spanish utility Gas Natural Fenosa (GNF) for supplying ZIV single and three phased smart meters.
Jaiprakash Power Ventures: The company on Monday said that it has paid $75 million to bondholders on sale of securities of its arm Himachal Baspa Power Company Limited (HBPCL) to JSW Energy.
Maruti Suzuki: After a wage hike for its permanent workers last week, Maruti Suzuki is now going to do the same for its temporary and contractual employees, Financial Express reports. Though some temporary workers at the company’s Manesar plant had staged a protest on Saturday after the wage revision for permanent workers demanding they too be given a hike, sources in the company said that a revision for the former is also in the works so the matter has been resolved.
Lanco Infratech: The company said it may sell power projects having capacity of 3,000 MW from 2018 onwards and expects to get Rs 25,000 crore, which would help pare debt and also infuse fresh capital into the group.
Larsen & Toubro (L&T): The engineering major said its arm L&T Construction has bagged orders worth Rs 1,509 crore so far this month.
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