Tuesday, 24 June 2014

Tata Communications rises on entering into partnership with Kaltura

Tata Communications is currently trading at Rs 372.00, up by 7.30 points or 2.00% from its previous closing of Rs 364.70 on the BSE.
The scrip opened at Rs 366.15 and has touched a high and low of Rs 376.25 and Rs 365.15 respectively. So far 35984 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 392.40 on 09-Jun-2014 and a 52 week low of Rs. 136.90 on 05-Aug-2013.
Last one week high and low of the scrip stood at Rs. 389.60 and Rs. 360.00 respectively. The current market cap of the company is Rs. 10686.08 crore.
The promoters holding in the company stood at 74.99% while Institutions and Non-Institutions held 19.14% and 5.87% respectively.

Tata Communications is a leading global provider of a new world of communications. With a leadership position in emerging markets, Tata Communications leverages its advanced solutions capabilities and domain expertise across its global and pan-India network to deliver managed solutions to multi-national enterprises, service providers and Indian consumers.

Jindal Steel strengthens on bagging order to supply long rails to Tata-Aldesa joint venture

Jindal Steel & Power is currently trading at Rs 330.65, up by 4.00 points or 1.22% from its previous closing of Rs 326.65 on the BSE.
The scrip opened at Rs 326.10 and has touched a high and low of Rs 333.00 and Rs. 326.10 respectively. So far 44766 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 350.00 on 09-Jun-2014 and a 52 week low of Rs 181.55 on 02-Aug-2013.
Last one week high and low of the scrip stood at Rs 329.50 and Rs 310.70 respectively. The current market cap of the company is Rs 30346.77 crore.
The promoters holding in the company stood at 60.41% while Institutions and Non-Institutions held 26.45% and 13.14% respectively.

Moreover, the company has submitted a registration fee of Rs 10 crore for the special freight train operator (SFTO) licence to transport these rails. Further, the steelmaker proposes to operate these rakes from October-November of 2014.

Power Grid rises on getting nod for two investment proposals worth Rs 5551.84 crore

Power Grid Corporation of India is currently trading at Rs. 132.90, up by 1.25 points or 0.95% from its previous closing of Rs. 131.65 on the BSE.
The scrip opened at Rs. 132.50 and has touched a high and low of Rs. 133.60 and Rs. 132.35 respectively. So far 71240 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 140.90 on 10-Jun-2014 and a 52 week low of Rs. 86.70 on 02-Aug-2013.
Last one week high and low of the scrip stood at Rs. 136.35 and Rs. 130.70 respectively. The current market cap of the company is Rs. 68873.88 crore.
The promoters holding in the company stood at 57.90% while Institutions and Non-Institutions held 34.63% and 7.47% respectively.
Power Grid Corporation of India (PGCIL) has received an approval for two investment proposals worth Rs 5551.84 crore. The board of directors at its meeting held on June 21, 2014 has approved for the same. The first investment approval is for transmission system associated with Lara STPS-I (2x800MW) generation project of NTPC at an estimated cost of Rs 400.47 crore, with commissioning schedule of 34 months progressively from the date of investment approval.
The second approval is for transmission system strengthening in WR-NR Transmission corridor for IPPs in Chhattisgarh at an estimated cost of Rs 5,151.37 crore, with commissioning schedule of 45 months progressively from the date of investment approval.

Tata Steel gains on completing disinvestment in Dhamra Port Company

Tata Steel is currently trading at Rs. 528.95, up by 2.00 points or 0.38% from its previous closing of Rs. 526.95 on the BSE.
The scrip opened at Rs. 528.00 and has touched a high and low of Rs. 530.70 and Rs. 527.55 respectively. So far 25,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 578.60 on 09-Jun-2014 and a 52 week low of Rs. 195.40 on 07-Aug-2013.
Last one week high and low of the scrip stood at Rs. 539.80 and Rs. 515.00 respectively. The current market cap of the company is Rs. 51,372.00 crore.
The promoters holding in the company stood at 31.35% while Institutions and Non-Institutions held 40.87% and 24.81% respectively.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.