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Discussion in 'Stock Market Discussions' started by capitalstars05, Apr 1, 2016.

  1. capitalstars05

    capitalstars05 New Member

    Sep 26, 2014
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    Eicher Motors March 2016 CV Sales grow a robust 53%
    Eicher Motors March 2016 CV Sales grow a robust 53%; above estimates
    Eicher Motors CV volumes grew 53% YoY to 6,753 units for the month of March 2016, coming better than our estimates of 6,000 units
    Improving commercial vehicle industry volumes coupled with increased sales of “Pro” series led to strong volumes for the company.

    HCL Technologies close to acquire Geometric
    HCL Technologies has agreed to acquire Mumbai-headquartered engineering solutions company Geometric in a share swap deal that values it at $150-200 million. The deal
    was expected to be announced in a couple of days.
    HCL will acquire the 31.09% stake held by Godrej Investments and Godrej & Boyce Manufacturing Company along with the stake of founder and Chief Executive Officer Manu Parpia. The Parpia family owns a 6.73% stake in Geometric.

    Dr. Reddy’s acquires Rights to Investigational Anticancer Agent E7777
    Dr. Reddy’s Laboratories acquires the Rights to Investigational Anticancer Agent E7777 for U.S, Europe and Certain Emerging Markets from Eisai – Long term Positive for Dr Reddy.

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