Highlights

• Larsen & Toubro bags Rs6,500 crore order from JP Group.
• Gail India's Q1 net profit up by 35%.
• Real Estate based EMAAR MGF Company is keep on trying to make IPO for the third time.
• Hindalco Industries Q1 net profit up 11%
• GVK Power & Infrastructure reports Rs 12.85 crore turnover for quarter ended Jun 2010.

NEW IPO => Engineers India Ltd

Engineers India Ltd is entering in the capital markets with an follow-on public offering, FPO of 3,36,93,660 equity shares of Rs 5 for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 270/- at lower level and Rs 290/- at upper level for equity share of Rs 5/-.
The issue opens on Jul 27, 2010, and closes for subscription on Jul 30, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

For More:
http://engineersindia.eil.co.in/on_going.html