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Monday, November 9, 2009

L&T wins order worth Rs16.35bn

L&T wins order worth Rs16.35bn from Madhya Pradesh Power Generating Company for 1200MW Balance of Plant Package for Shree Singaji (Malwa) Thermal Power Plant.

Shares of L&T have gained by 1.5% to Rs1601. The stock opened at Rs1599 and made an intra-day high of Rs1602 and a low of Rs1561. Total traded volumes stood at 0.88mn shares.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Thursday, Jun 05
21:30 Fed's Kugler speech 2
23:00 Fed's Harker speech 2
23:00 Fed's Schmid speech 2
Friday, Jun 06
11:30 Halifax House Prices (MoM) 1 -0.4% 0.4% 0.3%
11:30 Halifax House Prices (YoY/3m) 1 2.5% 3.2%
12:30 Foreign Currency Reserves 1 703B
18:00 Average Hourly Earnings (YoY) 3 3.7% 3.8%
18:00 Average Weekly Hours 1 34.3 34.3
18:00 U6 Underemployment Rate 2 7.8%
18:00 Labor Force Participation Rate 2 62.6%
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