DSIJ Mindshare

The share price for Larsen Toubro surged by over 1.50 per cent on the bourses as the company’s wholly-owned subsidiary L&T Hydrocarbon Engineering bagged orders worth Rs. 2,200 crore on Monday.

Steel Strips Wheels (SSW) soared on the BSE by over 6.5 per cent on Monday as the company bagged another export order for supply of steel wheels for the European Caravan market.

The share price of Tata Global Beverages rose on the bourses on Monday on speculations surrounding the company’s acquisition of beverages company Hector Beverages and their brand Paper Boat.

Bank of Baroda, the public sector bank with 58.7 per cent government stake, surged more than 8 per cent influenced by the release of its Q3FY18 results at the end of last week. The bank succeeded in breaching its fifth consecutive day of consolidation with volume spurt.

CG Power Systems Indonesia, a wholly-owned subsidiary of CG Power & Industrial Solutions Limited, has won an order from Indonesian state utility PT PLN (Persero) for manufacturing and supply of 64 units of Power Transformers valued at IDR 744 billion (US$ 55 million).