India, Sept. 29 -- The Hyderabad-based process equipment maker has taken a significant step beyond its pharma and chemical roots. A company that built its name on glass-lined reactors and turnkey plants has now gained control over a newly formed player in a fast-growing and capital-hungry field, after months of groundwork and a staged investment. The move follows a strong quarter and comes with a sizable price tag. What it means for growth, funding and the road ahead is explained in the article below.

Shares of Standard Engineering Technology Ltdare trading at Rs. 429.50, up 1.62 percent on Tuesday. The stock touched the intraday high of Rs. 437.65 after opening at Rs. 434.70 before slipping to a low of Rs. 416.10. The company commands ...