DSIJ Mindshare

Subros Limited will issues 52.5 lakh equity shares of the company on a preferential basis to Denso Corporation, Japan. Denso will now hold 20 per cent stake in the company.

Following stocks are close to their 52-week low as at 1.03 p.m. on September 26, 2018.

The markets on September 27, 2018 opened flat. BSE Sensex is trading at 36,395.49 down by 146.78 points and the Nifty is trading at 10,996.30, down by 57.50 points. 

The power business of Larsen & Toubro has won orders worth Rs. 1,400 crore. The business has received two orders for setting up Flue Gas Desulphurisation (FGD) systems from NTPC at its Vindhyachal Super Thermal Power Plant in Madhya Pradesh and Darlipali Super Thermal Power Project in Odisha

The company extended the deadline for its IPO by three days until October 1, 2018. Volatile market conditions seems to have dampened investor appetite for initial public offerings.