6:00 PM Mumbai – BHEL plans to set up a solar photo-voltaic unit in Maharashtra. Cipla sold 48% stake in Jiangsu and RCapital sold 16% stake in Yatra.com. Tata Power acquired Ideal Energy Projects in Maharashtra. RIL and Chinese firm are in a textile joint venture.
The Sensex Index increased 34.09 to close at 27,831.10. The CNX Nifty rose 14.95 to 8,355.65.
Gainers & Losers
Bharat Heavy Electricals Ltd
dropped 2.3% to Rs 253.10 and the power generation equipment maker plans to set up 500 MW per annum solar photo-voltaic unit in Maharashtra.
advanced 1.5% to Rs 649.35 and the pharmaceutical company said its subsidiary sold its 48.2% equity interest in China-based Jiangsu.
Reliance Capital Ltd.
climbed 4.3% to Rs 538 after the financial service provider sold 16% stake for about Rs 500 crore in Yatra.com.
Tata Power Company Limited
jumped 1.9% to Rs 87 after the largest integrated power company agreed to acquire Ideal Energy Projects in Maharashtra.
Reliance Industries Limited
fell 0.8% to Rs 932.05 and the conglomerate said it will transfer its textile business into a new joint venture with China-based Shandong Ruyi, for a cash consideration.