MTR is looking to expand its presence in the market for non-vegetarian spices, ready-to-cook foods and condiments.
However, service revenue growth improved to 6.4 percent as against 5.3 percent in the previous quarter as voice revenue returned to growth and regulatory impacts came down, the London-based company said in a statement.
Engineering company Punj Lloyd gained more than 2 percent yesterday as its subsidiary Sembawang Engineers and Constructors received its first project in Hong Kong to build MTR Corporation's Shatin to Central Link Diamond Hill Station.
Independent market strategist Rajesh Jain, in an interview on CNBC-TV18, spoke about his reading of the market and the outlook. He also gives his views on stocks in the FMCG space and on Sesa Goa.