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Tuesday, September 2, 2014

IRB Infra achieves financial closure with NHAI
IRB Infrastructure Developers rose nearly 3%, after the company said it achieved financial closure in terms of the Concession Agreement executed with NHAI.

Escorts down on weak August 2014 sales
Shares of Escorts Ltd fall over 1% in otherwise positive markets as August 2014 sales volume declined 7.3% YoY to 3,624 units. Escorts Ltd domestic tractor volumes continued to remain weak in the month of August 2014 and were lower by 17.7% YoY at 3,147 units.

PC Jeweller gains after CRISIL reaffirms rating
Shares of PC Jeweller rose over 6%, after CRISIL reaffirmed its rating to the bank facilities and commercial paper program of the company.

Bharti Airtel stock surges 5%
Shares of Bharti Airtel was higher 5%, after the company said it's arm signed an agreement to acquire over 2.7 million subscribers of yuMobile.

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