Wednesday, 26 August 2015

Stocks in News

Hathway Cable LTD :

     The Reserve Bank today said it has removed Hathway Cable Datacom from its caution list and foreign investors can now buy more shares in the company.

Sterling Holiday Resort Ltd

     Leading stock exchange BSE today said trading in Sterling Holiday Resort would be discontinued from August 31 on account of the company's merger with integrated travel firm Thomas Cook India Ltd

Sagar Cements Ltd: 

     IL&FS Financial Services has acquired 17.25 per cent stake in Sagar Cementsfollowing acquisition of 30 lakh pledged shares of the cement company.

Bharti Airtel Ltd:

      Bharti Airtel acquired wireless broadband firm Augere's India operations on Wednesday, a move that will help Airtel to augment its 4G presence.

Tuesday, 4 August 2015

Sensex up 200 points




Results Calendar

     Siemens Ltd, Bata India Ltd, Emami Ltd, Marico, Canara Bank, Shree Cement Ltd, Tata Chemicals, Indraparstha Gas Ltd, PTC India, Ramco Systems, Snowman Logistics, Accelya Kale, Ashapura Minechem, Automotive Axles, Bombay Burmah, Brigade Enterprises, Camlin Fine Sciences, Deepak Fertilizers, FDC, ITD Cementation, JB Chemicals, Jindal Drilling, Kalyani Forge, Maharashtra Seamless, Manali Petrochemicals, Nahar Spinning Mills, Nandan Denim, NDTV, Orient Paper, Pricol, Prism Cement, Ramco Industries, Sonata Software, Ramco Cements, Tree House, UFLEX, Vardhman Textiles, Insecticides (India)

Sundaram Clayton surges on receiving approval to invest $ 8 million in die-casting facility.

     Sundaram Clayton has received an approval for an investment of a sum not exceeding $ 8 million in tranches in a die-casting facility proposed to be established in United States (US) for the catering to the needs of overseas customers. The board of directors at their meeting held on August 04, 2015 have approved for the same.
     The investments to be subject to such permission/consents under Indian and US Laws and subject to a detailed project Report submission for evaluation in the next board meeting.
     Sundaram Clayton is one of the largest suppliers of aluminum die castings in the country. The company exports its products to international Original Equipment  manufacturers.
     Sundaram Clayton is currently trading  at Rs. 2191, up by 208 points or 10.49% from its previous closing of Rs. 1983.00 on the BSE.

Monday, 20 July 2015

IOL Chemicals shines on plan to launch API business to US market

     IOL Chemicals and Pharmaceuticals (IOLCP) has received from US Food and Drug Administration (USFDA), Establishment Inspection Report after successful inspection of its Ibuprofen manufacturing facility situated at Barnala, Punjab, India.
     Post this approval, the company will be able to garner additional business for its flagship API Ibuprofen in World's largest pharma market-USA. This will result into higher value added export turnover and higher margins.
     The company’s manufacturing facility already holds CEP certification (Certificate of Suitability) for its products Ibuprofen, Metformin Hydrochloride & Lamotrigine from European Directorate for the Quality of Medicines & HealthCare (EDQM) authorities, Council of Europe, France. The said facility at Barnala has also been approved by ANVISA Brazil, WHO & MOH Japan.
     These approvals will help the company to build and sustaining the growth by its API business in coming years, being the only integrated player globally, by exploring the higher value added regulated markets.
     IOL Chemicals & Pharmaceuticals is currently trading at Rs 108.00, up by 15.20 points or 16.38% from its previous closing of Rs 92.80 on the BSE.

Ahluwalia Contracts shines on securing new orders worth Rs. 317.65 crore

     Ahluwalia contracts has secured new orders aggregating to Rs. 317.65 crore for construction of institutions/Residential Building, including Electrical, Plumbing & Firefighting services.
     New orders worth of Rs. 219.52 crore for construction of IIITD campus, worth Rs. 49.83 crore for construction of Hiland Green residential building of Riverbnk Developers, worth Rs. 48.30 crore for construction of Diplomatic staff housing for Royal Danish Embassy.
     In addition, the company is currently L1 in project valued approximately Rs. 412.00 crore & the project bidded under pipeline are Rs. 2200.00 crore. The total order inflow during the FY 2015-2015 stands at Rs. 994.01 crores and the company’s current order book is Rs. 4100.00 crore approximately.
     Ahluwalia Contracts (India) is engaged in providing construction related services including design on turnkey basis and assuring timely completion of projects within budget and with excellent quality.
     Ahluwalia Contracts (India) is currently trading at Rs. 241.60, up by 5.80 points or 2.46% from its previous closing of Rs. 235.80 on the BSE.



TTML trades higher on the bourses

     Tata Teleservices’ mobility and business services brand - Tata Docomo, has unveiled new exciting roaming plans for its post-paid and pre-paid customers across all circles.  This new range of products will allow customers to stay connected endlessly on the company's superior network across the country.
     These plans are available in range of Rs 49 to Rs 225 for post-paid customers and Rs 76 & Rs 91 for Pre- paid customers, offering reduced local and outgoing STD call rates and unlimited free incoming calls. Being a customer centric brand, Tata Docomo has been consistently launching innovatively designed personalized products and services especially for the younger generation, as Millennials has been recognized as the prime divers of growth in both voice and data.
    Tata Teleservices Maharashtra (TTML) is a part of the Tata Group. This telecom services company has its presence all over Maharashtra and Goa.
     Tata Teleservices (Maharashtra) (TTML) is currently trading at Rs. 8.46, up by 1.41 points or 20.00% from its previous closing of Rs. 7.05 on the BSE.



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