Check out the companies which will be in focus during trade today based on recent and latest news developments.
Axis Bank: Axis Bank, India’s third largest Private Sector bank reduced its MCLR by 15 bps across all tenors. This follows the reduction in Policy rates by RBI on April, 5, 2016. The reduced MCLRs will take effect starting April 18th.
Reliance Industries: Reliance Industries Ltd floated an Expression of Interest (EoI) to develop its oil and gas blocks, including some of the discoveries in the KG-D6 block off the coast of Andhra Pradesh, reports a business daily.
Jaiprakash Associates Ltd: The company has pulled out of the Rs. 34,000-crore project to set up an electronic chip making unit, reports a business dailly.
Supreme Infrastructure: Supreme Infrastructure India Ltd has put its portfolio of operational road assets on the block to help it fund delayed or under-construction projects amid cost over-runs and high interest costs, reports a business daily.
Inox Leisure: Reserve Bank of India has notified that the foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in Inox Leisure Limited has reached the trigger limit.
Larsen & Toubro Ltd: L&T has announced that Larsen & Toubro Infotech Limited, a subsidiary of Larsen & Toubro Limited, has filed its draft red herring prospectus with the Securities and Exchange Board of India (SEBI) on April 12, 2016 in order to undertake an initial public offering of its equity shares of face value of Rs. 1 each (the Equity Shares).
Tata Steel: Moody’s Investors Service reportedly said that Tata Steel UK Ltd’s signing of an agreement to sell its European long products business to UK-based investment firm Greybull Capital is credit positive for its parent.
Lux Industries Ltd: The board of directors of the company has approved and recommended the following:Sub division of the equity shares of the Company from the existing face value of Rs. 10/- per equity share to face value of Rs. 2/- per equity share.
JKumar Infra Projects: Reserve Bank of India has notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in JKumar Infra Projects Ltd. has crossed the permissible limit.
Wipro Ltd: The IT Company will consider share buyback at its upcoming meeting of Board of Directors, to be held on April 20.
Kaveri Seed Company: The company announced that it has opened a new plant at Molangur Village, in Telangana State. The total investment made in the plant is over Rs.21 crores.
Bharti Airtel: India’s largest telecom operator, Bharti Airtel emerged as the top gainer, adding 25.5 lakh GSM subscribers in the month of March.
Shilpa Medicare Ltd: The company received GMP compliance certificate for two API sites from PMDA-Japan.
Godawari Power and Ispat: The company has commenced commercial production in the merged Ari Dongri iron ore mining area of 138.96 ha (Original area 106.60 ha and additional area 32.36 ha) of land situated at Village Kachche, Dist: Uttar Baster, Kanker, Chhattisgarh.
Bajaj Corp: The company reported standalone net profit of Rs. 54.02 crore for the quarter ended March 31, 2016, registering decline of 0.74% yoy, but growth of 8.93% qoq.
MEP Infrastructure Developers Ltd: The companyin a joint venture (JV) with its Spanish partner has been declared as a successful bidder (L1) by Ministry of Road Transport and Highways (MORTH) for a project under the Hybrid Annuity namely Four laning of Kante – Waked section of NH-66 (erstwhile NH-17) in the State of Maharashtra with Bid Project Cost Rs.826.28 Crores.
Mphasis: The company open offer price to the public shareholders has been set at Rs.457.54 per share.
Ramco Systems: The company has won a Logistics ERP software order from SK Logistics, part of Australian logistics and transport provider, GTI Logistics Limited.
Axis Bank: Axis Bank, India’s third largest Private Sector bank reduced its MCLR by 15 bps across all tenors. This follows the reduction in Policy rates by RBI on April, 5, 2016. The reduced MCLRs will take effect starting April 18th.Reliance Industries: Reliance Industries Ltd floated an Expression of Interest (EoI) to develop its oil and gas blocks, including some of the discoveries in the KG-D6 block off the coast of Andhra Pradesh, reports a business daily.
Jaiprakash Associates Ltd: The company has pulled out of the Rs. 34,000-crore project to set up an electronic chip making unit, reports a business dailly.
Supreme Infrastructure: Supreme Infrastructure India Ltd has put its portfolio of operational road assets on the block to help it fund delayed or under-construction projects amid cost over-runs and high interest costs, reports a business daily.
Inox Leisure: Reserve Bank of India has notified that the foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in Inox Leisure Limited has reached the trigger limit.
Larsen & Toubro Ltd: L&T has announced that Larsen & Toubro Infotech Limited, a subsidiary of Larsen & Toubro Limited, has filed its draft red herring prospectus with the Securities and Exchange Board of India (SEBI) on April 12, 2016 in order to undertake an initial public offering of its equity shares of face value of Rs. 1 each (the Equity Shares).
Tata Steel: Moody’s Investors Service reportedly said that Tata Steel UK Ltd’s signing of an agreement to sell its European long products business to UK-based investment firm Greybull Capital is credit positive for its parent.
Lux Industries Ltd: The board of directors of the company has approved and recommended the following:Sub division of the equity shares of the Company from the existing face value of Rs. 10/- per equity share to face value of Rs. 2/- per equity share.
JKumar Infra Projects: Reserve Bank of India has notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in JKumar Infra Projects Ltd. has crossed the permissible limit.
Wipro Ltd: The IT Company will consider share buyback at its upcoming meeting of Board of Directors, to be held on April 20.
Kaveri Seed Company: The company announced that it has opened a new plant at Molangur Village, in Telangana State. The total investment made in the plant is over Rs.21 crores.
Bharti Airtel: India’s largest telecom operator, Bharti Airtel emerged as the top gainer, adding 25.5 lakh GSM subscribers in the month of March.
Shilpa Medicare Ltd: The company received GMP compliance certificate for two API sites from PMDA-Japan.
Godawari Power and Ispat: The company has commenced commercial production in the merged Ari Dongri iron ore mining area of 138.96 ha (Original area 106.60 ha and additional area 32.36 ha) of land situated at Village Kachche, Dist: Uttar Baster, Kanker, Chhattisgarh.
Bajaj Corp: The company reported standalone net profit of Rs. 54.02 crore for the quarter ended March 31, 2016, registering decline of 0.74% yoy, but growth of 8.93% qoq.
MEP Infrastructure Developers Ltd: The companyin a joint venture (JV) with its Spanish partner has been declared as a successful bidder (L1) by Ministry of Road Transport and Highways (MORTH) for a project under the Hybrid Annuity namely Four laning of Kante – Waked section of NH-66 (erstwhile NH-17) in the State of Maharashtra with Bid Project Cost Rs.826.28 Crores.
Mphasis: The company open offer price to the public shareholders has been set at Rs.457.54 per share.
Ramco Systems: The company has won a Logistics ERP software order from SK Logistics, part of Australian logistics and transport provider, GTI Logistics Limited.
No comments:
Post a Comment