Stocks in play: Magellan Aerospace Corporation
Has increased its investment in Triveni Aeronautics Pvt. Ltd. to 75%. Triveni is based in Tumkur, Karnataka located north west of Bangalore in India. The company specializes in hard metal machining of aeroengine and aerostructure components. Magellan Aerospace Corporation shares T.MAL are trading down $0.04 at $17.70.