Reliance Infrastructure Ltd (RInfra) takes over the management and control of Pipavav Defence & Offshore Engineering Co Ltd (PDOC) and to hold 36.5% of the equity capital of Pipavav Defence & Offshore Engineering Co Ltd. - See more at: http://ways2capital-equitytips.blogspot.in/2016/01/reliance-infrastructure-acquires.html#sthash.WLqrgz4Q.dpuf
21.06.2016 Today Hindalco hits 52 weeks high of 124.65 on the National Stock exchange (NSE) after surging more than 3 percent. Hindalco’s shares have surged more than 40 percent in past one month after the company reported better-than expected results for the fourth quarter of financial Year 2015-16. In the past one month, company’s stock prices surged 43 percent. This is in sharp contrast to 14 percent increase in the S&P BSE Metal index and only 6 percent increase in the Sensex.