6:00 PM Mumbai – Bharti Infratel and RJio signed agreement to share infrastructure. Crompton is looking to sell or exit from Canadian power transformer plant. Suzlon Energy won orders to deliver 103 wind turbines in Germany.
The Sensex Index fell 83.85 or 0.4% to close at 21,171.41. The CNX Nifty slid 24.95 to close at 6,307.90.
Gainers & Losers
Bharti Infratel Limited
climbed 3.8% to Rs 184.90 and Reliance Jio Infocomm a subsidiary of Reliance Industries signed agreement to share telecom infrastructure.
Balrampur Chini Mills Limited
soared 4.4% to Rs 46.95 after the Food Minister said the government may be prepared to offer a bailout package for the sugar industry before the year-end.
Coal India Limited
gained 1.2% to Rs 288.75 after the Competition Commission of India imposed a penalty of Rs 1,773.05 crore for abusing its dominant position as a fuel supplier.
Crompton Greaves Limited
dropped 2.9% to Rs 130.40 and the company is looking to either sell or exit from Canadian power transformer plant to reduce the loss.
Oil and Natural Gas Corporation Limited
declined 2.1% to Rs 291.95 after the company said it would file an appeal with the Supreme Court against a Gujarat High Court order asking the company to pay Rs 10,000 crore in past royalty dues.
Power Grid Corporation of India Limited
fell 0.4% to Rs 97.95 after the government today fixed the public offering price at Rs 90 per share, the upper end of the band to raise approx Rs 7,000 crore.
Ramco Systems Ltd
increased 1.5% to Rs 132 and WNS (Holdings) Limited signed strategic partnership to expand its human resources outsourcing marketplace across industries.
Suzlon Energy Limited
jumped 6.5% to Rs 10.05 after the company’s subsidiary REpower Systems SE won orders to deliver 103 wind turbines in Germany.
United Breweries Limited
gained 1.9% to Rs 791.25 after Dutch beer maker Heineken International BV, raised its stake and paid Rs 275 crore and became the largest shareholder.