Friday, 3 July 2015

Market Magnify Update - Twelve Stock

Bharti Airtel Ltd: Sunil Mittal-led Bharti Airtel has raked in over $1.3 billion (Rs 8,243 crore approx) by divesting its tower assets in five African countries. The proceeds will be used to reduce debt, the company said Thursday.

Lupin Ltd: Drug major Lupin today announced the acquisition of Russia's Biocom, marking its foray into the market which is expected to be one of the top eight pharmaceutical markets in the world by 2018.

Steel Strips Wheels Ltd: The company announced that in June 2015, total wheel rim sales stood at 10.28 lakh compared to 9.30 lakh in June 2014, registering a growth of 10%.
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