On Monday, PNC Infratech informed the bourses that its joint venture with SPML Infra Limited has been declared as the L1 (lowest) bidder for the construction of Haraulipur group of villages (total 125) water supply project. The total consideration for the project is estimated to be Rs 289.83 crore.

During Monday’s trading session, the domestic markets have been fluctuating between gains and losses. Even as Sensex and Nifty remained volatile, the stock of Wabco India touched its 52-week high.

Tejas Networks announced that it has received a new order worth Rs 32 crore from Sterlite Technologies (STL) and L&T Construction for its gigabit passive optical network (GPON) fibre-to-the-home (FTTH) equipment. Reacting to the news, the stock of the company locked in at its upper circuit of 5 per cent at Rs 64.80.

EPS stands for earnings per share. It reduces a company’s profits on a per share basis thereby, indicating the profitability of a company. EPS is an important parameter in determining or valuing a company’s share price. It is also used to calculate the price-to-earnings ratio.

Vodafone Idea Limited informed on Monday that after almost two years of merging as a single entity, it will now also have a single brand name. The company has announced the new brand to be called ‘Vi’ (read as ‘we’). The company believes that this integration of two brands is the largest telecom integration in the world.

VA Tech Wabag Limited has secured an order to execute 300 million litres per day (MLD) Jeddah Airport 2 independent sewage treatment plant (ISTP) project at Jeddah, Kingdom of Saudi Arabia worth USD 48 million i.e. approximately Rs 360 crore.

The shares of Medicamen Biotech Limited (MBL) were rallying up by 4 per cent during the early trade on Monday after the company announced that it has planned to conduct its annual general meeting on September 25, 2020, wherein, the board has proposed a dividend of Re 0.5, which is 5 per cent per equity share of Rs 10. The dividend will be paid to those shareholders, whose name appears in the ‘register of members’ as on September 18, 2020.

The company bagged two large scale solar projects in Australia with an installed capacity of over 300 megawatts (MW). 

Alembic Pharmaceuticals Limited announced on Monday that its wholly-owned subsidiary, Alembic Global Holding SA has received tentative approval from the United States Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) Treprostinil Injection, 20 mg/20 ml (1 mg/ml), 50 mg/20 ml (2.5 mg/ml), 100 mg/20 ml (5 mg/ml), and 200 mg/20 ml (10 mg/ml), multiple-dose vials.

The market opened flat on September 7, 2020.