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Equity Research Report: Religare Morning Digest

We maintain our positive view on the market, for fresh buying traders can consider stocks in IT & Pharma space.
28 Nov 2014 | 07:00 AM

Corporate News: 

Punj Lloyd will soon foray into the power transmission and distribution business and is preparing a blueprint for the same. The government's initiative to build independent transmission projects is the prime reason for the company's foray into that space.

Alstom T&D India has been awarded a Rs 56 crore contract by the Ceylon Electricity Board (CEB) to monitor and control Sri Lanka's electricity transmission network.

Crompton Greaves slumped almost 6% on BSE and NSE on reports that Avantha Holding, part of the company's promoter group sold 4.2 crore shares or 6.7% stake in the company.

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