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Page 3 - கட்டுமானம் ஆம்ப் பொறியியல் கழுத்து News Today : Breaking News, Live Updates & Top Stories | Vimarsana

JMC Projects secures new orders of Rs 1,262 cr

Lambodhara Textiles Ltd leads losers in B group

Adhunik Industries Ltd, Indbank Merchant Banking Services Ltd, SPML Infra Ltd and Krebs Biochemicals & Industries Ltd are among the other losers in the BSE s B group today, 12 April 2021. Adhunik Industries Ltd, Indbank Merchant Banking Services Ltd, SPML Infra Ltd and Krebs Biochemicals & Industries Ltd are among the other losers in the BSE s B group today, 12 April 2021. Lambodhara Textiles Ltd tumbled 18.26% to Rs 52.15 at 14:34 IST.The stock was the biggest loser in the BSE s B group.On the BSE, 23527 shares were traded on the counter so far as against the average daily volumes of 13624 shares in the past one month. Adhunik Industries Ltd crashed 15.30% to Rs 22.7. The stock was the second biggest loser in B group.On the BSE, 95809 shares were traded on the counter so far as against the average daily volumes of 12238 shares in the past one month.

Bharat Road Network gains on monetizing UP-based road project

Bharat Road Network (BRNL) rose 2.22% to Rs 29.95 after the company, along with its partners, signed a deal with Cube Highways for the sale of a 126-kilometre road project in Uttar Pradesh (UP), India.Singapore-based Cube Highways and Infrastructure invests in road and highway projects, along with other select infrastructure sectors in India. The share purchase agreement provides for the sale of entire stake in Ghaziabad Aligarh Expressway, the special purpose vehicle (SPV) engaged in the development, operation and maintenance of a 126-kilometre toll road project from Ghaziabad to Aligarh on National Highway-34 (NH-34). The project has been granted a 24-year concession in 2011 for strengthening and widening the two-lane highway. Toll collection on this road started in June 2015.

NCC bags orders worth Rs 530 cr in March

The construction company secured two new orders totaling to Rs 530 crore in March 2021. Out of these, one order of Rs 342 crore pertains to irrigation division, second order of Rs 188 crore pertains to buildings division. These orders are received from state government agencies and do not include any internal orders. On a consolidated basis, NCC s net profit declined 24% to Rs 77.88 crore on a 6.8% fall in net sales to Rs 2,126.90 crore in Q3 December 2020 over Q3 December 2019. Shares of NCC declined 3.27% to Rs 78.40 on BSE. NCC is engaged in the construction activities in the infrastructure sector. Powered by Capital Market - Live News

GMR Infra s subsidiary DIAL raises funds via NCD issue

Delhi International Airport (DIAL) has successfully completed the issuance of non-convertible debentures (NCDs) worth Rs 3257 crore on 30 March 2021.The NCDs have been priced at interest rate of 10.96% per annum and have been subscribed by Cliffton (a FPI, registered under SEBI). The proceeds from the NCD s will be utilized to refinance the outstanding debt of around USD 289 Mn due in FY22 and to partly finance the Phase 3A Expansion, DIAL said in a statement. DIAL is a subsidiary of GMR Airports and a step down subsidiary of GMR Infrastructure. Commenting on the occasion, Grandhi Kiran Kumar, corporate chairman, GMR Group said: We are delighted on the successful completion of this transaction. The offering through DIAL was subscribed by FPI. This shows the confidence of investor in our ability to raise funds from the International Market and reflects our continued effort to create value for our investors. The successful pricing of the offering underscores investors confide

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