Company Updates

Reliance To Shift Kurkumbh MEG Facility

Reliance Industries LtdMumbai: Reliance Industries Ltd will close down its polyester intermediate mono-ethylene glycol (MEG) manufacturing plant in Kurkumbh, which is 70 km from Pune, and transfer the complete unit to a new place.

According to a company representative, “We will relocate the small standalone unit to a place with better linkage to raw material.”

IFC To Lend $150 Million To Petronet LNG Ltd

International Finance CorporationNew Delhi: International Finance Corporation (IFC) will provide $150 million as loan to publicly owned Petronet LNG Ltd (PLL) to construct a liquefied natural gas (LNG) import and regassification workstation in South India.

ETC Networks Scales New Peak

ETC Networks Ltd.Today, ETC Networks has touched its 52-week high of Rs 123.90.

Pratibha Industries Bags Order, Stock Climbs 4%

Pratibha Industries Ltd.

Nagarjuna Fertilisers Hits 52-Week High

Nagarjuna Fertilisers and ChemicalsNagarjuna Fertilisers and Chemicals touched a 52-week high of Rs 29.25. In afternoon trading, the share is hovering near Rs 29, up Rs 1.85, or 6.84%.

The trading volume of the scrip stood at 12,914,622 shares. Yesterday the share closed up 3.44% at Rs 27.05.

SBI To Raise $44 b In 5 Yrs

Mumbai: State Bank of India Stock ChartAccording to the sources, State Bank

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