Techno Electric & Engineering

The management expects growth momentum of business as well as execution to continue for the coming three years.

The company received Rs 666-crore order from Rajasthan Rajya Vidyut Utpadan Nigam, Kota, and Rs 789-crore from the Rajasthan Rajya Vidyut Utpadan Nigam, Jhalawar

Stocks to Watch: ICICI Securities, Axis Capital and Citigroup Global Markets are among the 5 investment bankers selected to manage the sale of the government's 29.53% residual stake in Hindustan Zinc

Sources say offer has been made to P P Gupta of Techno Electric for a minority stake in the firm, who could chip in to help McLeod promoters bring in equity as per debt resolution

Sources say talks between the two parties are on, finer details of a settlement being worked out; top brass of both sides refuse to comment

On August 6, the National Company Law Tribunal (NCLT) had admitted an application filed by Techno for initiating corporate insolvency resolution process (CIRP) against McLeod.

Contract has been signed with Indian unit of Dongfang, allegations are unfounded, says Kolkata-based electric equipment manufacturer

A total of 42,000 lakh shares changed hands on the counter on BSE

The stock surged 9% to Rs 630 after the company said that board will meet on July 14 to consider issue of bonus shares.