Sadbhav Engineering Ltd has informed the market that it has bagged order worth 136.83 crore from Northen Coalfields Ltd , the order is for removal of over burden of First Dig (solid) by hiring of equipment such as excavators, tippers/ dumpers, drills, dozers, graders and water sprinklers for composite work consisting of blast hole drilling, excavation, loading, transportation of broken rocks/ soil/ earth, unloading/ dumping, spreading, dozing, water sprinkling and grading etc, by mechanical means as per instruction of engineer in charge at specified places at Khadia OCP of Northern Coalfield Limited.
Madhucon Projects has informed the market that the company has been awarded three hydro power projects which os each of 25 mw and coming to a total of 75 MW expandable to 100 MW and they will take care of building it , operate and transfer (BOT) basis ,they got the contract from Uttarakhand Jal Vidyut Nigam, Government of Uttarakhand. Order Details
>Agastyamuni hydro power (25 MW) in tributary Mandakini of river Alaknanda in district Rudrapryag on BOT basis.
> Tilwara-I hydro power (25 MW) in tributary Mandakini of river Alaknanda in district Rudrapryag on BOT basis.
> Tilwara-II hydro power (25 MW) in tributary Mandakini of river Alaknanda in district Rudrapryag on BOT basis.
Poly Medicure Ltd has informed the market that in the meeting that will be held on Feb 9th 2010 , they will consider proposal for declaration of bonus issue , the stock rose by 20 percent or so from 177 Rs to 223 Rs.
Today feb 8th 2010 shares of Jubilant FoodWorks Ltd got listed ion the bourses as Scrip Code: 533155 in BSEINDIA and JUBLFOOD in NSEIndia , The stock which had the IPO prioce of 160 . listed at 196 or so in bse and now hovering between 190 to 200 rs.
India’s food inflation data came out on Thursday and the food inflation index which is a measuring wholesale prices of lentils, rice, vegetables and other food articles increased 17.56 % in the week to Jan. 23 from a year earlier, and it was at 17.4 % gain the previous week.
Jayshree Chemicals Ltd has informed the market that the company has set February 18, 2010 has been fixed as the Record Date for the proposed rights issue of the company and the issue is for 2,39,94,374 Equity Shares of Rs. 10/- each for cash at a premium of Rs. 5/- per Share, payable in full on Application,and the ratio is in the range of 9 shares for every 2 shares held on the record date set.
McNally Bharat Engineering Company Ltd has informed the market that the company has won contract worth 56.64 crore fro 2 orders. Order News.
1. Design, Engineering, Supply of Equipment, Underloading, Storage, Haqndling, Erection Testing & Commissioning and Structural Work at Site of an HDPS System for Aditya Aluminium Smelter Project of HINDALCO for a total value of Rs. 28.32 crores; and
2. Design, Engineering, Supply of Equipment, Underloading, Storage, Hanqndling, Erection testing & commissioning and Structural Work at Site of an HDPS System for Mahan Aluminium Smelter Project of HINDALCO for a total value of Rs. 28.32 crores.
The Execution time for the same is 24 and 21 months respectively
Indo Asian Finance has informed the market further information on the proposed bonus issue , they have earlier told that they would offer 1 for every 2 shares held in the company and they have said , it was a mistake and they have decided to offer 2 shares for every one held.
Mounteverest Trading & Investment Ltd has informed the market today that the company has fixed February 12, 2010 has record date for the purpose of determining the eligibility of the Shareholders for the proposed Bonus Issue, which has been 3 stock for every 1 stock of the Company.
In view thereof, a special live trading session will be conducted by the Exchange on Saturday, February 06, 2010. The timings of the special LIVE TRADING session for the Cash Segment are given below:
Session starts at 09 : 50 a.m. and ends at 10 : 50 a.m.
and Continuous Trading* from 11 : 00 a.m. to 12 : 30 p.m.
and Closing time from 12 : 30 p.m. to 12 : 40 p.m.
and Post Closing from 12 : 40 p.m. to 1 : 00 p.m.
and Member Query and 6A / 7 A entries from 1 : 00 p.m. to 2 : 00 p.m.
and the facility to enter block deal orders on Saturday, February 06, 2010, will be available from 11.00 a.m. to 11.35 a.m.
The trades done on Saturday, February 06, 2010, shall be settled on Tuesday, February 09, 2010 as a separate settlement, i.e., Sett.No.DR-211/09-10. Accordingly, the members are requested to refer the revised Settlement Programme i.e. Notice No.20100203-31, for further details.
Mount-everest Trading & Investment Ltd has informed the market yesterday that the board that had meeting held on Feb 3rd 2010 has decided on Bonus issue and have also announced that they would allot three Equity Shares as Bonus Shares for every one Equity Share held by the shareholders on the Record Date.Record Date will be announced later , The stock was up by 5 percent yesterday and also today.
Indo Asian Finance Ltd has informed the market yesterday that the company in the meeting that will be held on February 05, 2010, it will decide on the Bonus issue , Come back here on Feb 5th 2010 to get more details on the same.
Larsen & Toubro informed the market that the company has bagged order worth rs 1100 crore which is almost 239 Million dollar . Order Info
>500 crore contract from M/s Raghuleela Lessors & Developers Pvt Ltd for the construction of residential towers The Address at Ghatkopar (W), Mumbai.
>295 crore has been secured from various esteemed clients for construction of a mall at Kolkatta and a factory building at Samalkha, Haryana.
>305 crore from from M/s Arshiya International Limited for the construction of Warehouses and Allied Infrastructure works at Khurja, Uttar Pradesh.
Mahindra launches Maxximo today at a price of Rs. 2.79 lakh which is almost the same price as the TATA’s Ace .
Mahindra Maximo Specifications
The Maxximo comes powered by a 2 cylinder CRDE engine that has four valves per cylinder with DOHC (Double Over Head Crankshaft). The engine puts out power of 25 bhp, and makes 5.3 kgm of torque. M&M claims the Maxximo will be able to be as fuel efficient as 20 kpl, which they claim is two or three kpl more efficient than rival Tata Ace.
The Maxximo has a loading capacity of 850 kg, for its 35 square foot loading area. The vehicle comes with a two-tone dash, car-like instrument cluster, car-like cable operated gearshift and headrest for both driver and co-driver. The cabin also features lie-across seats and comes equipped with mobile charging points. The cabin measures, 2.4 cubic metres.
Supreme Infrastructure India Ltd has informed the market that the company has received order for 3 prestegious project which total value for Rs. 363.94 Crores . Order Info
>Supreme Infra has bagged order from PWD Maharashtra for 4 laning of Manor-Wada-Bhiwandi road. The total value of the BOT project is about Rs.340 crore.
>They also bagged order from International Society for Krishna Consciousness for construction of school building at Jogeshwari, Mumbai and construction of Hare Rama Hare Krishna Temple at Mira Road at Mumbai for about Rs.17 crore .
>They have finally bagged order for construction of Anti sea erosion bund from Colaba Macchimar colony to G.D. Somani School for almost 6.94 crore from Mumbai Metropolitan Region Development Authority .
Chembond Chemical hit upper circuit today , week low was at 200 rs and week high is at 246 now , the company annpunced today that Chembond Chemicals Ltd and H2O Innovation, Inc has signed joint venture agreement,and has decided to create ” H2O Innovation India Ltd”
Infinite Computer Solutions (India) Ltd started listing in market from today , the equity shares of Infinite Computer Solutions (India) Ltd (Scrip Code: 533154) are listed and admitted to dealings on the Exchange in the list of ‘B’ Group Securities. The stock opened the market at 203 and went down to 180 and hovering around 200 now , thats a decent listing gain from he IPO price of 165 or so.
IVRCL which came out with results on January 28th 2010 has also approved the Bonus issue it has planned , they have announces Bonus Issue in the rate of 1 stock fro every stock holded on the record date , the record date for the same will be announced later.
IVRCL Infrastructures & Projects Limited has informed the market that it has bagged order worth 1125 crore from NHAI and the order is for six laning of roads from Km. 102.035 to Km. 144.740 on Chengapalli to beginning of Coimbatore bypass and also four laning from Km 170.940 to Km. 183.060 on end of Coimbatore bypass to Tamil Nadu / Kerala border section of NH 47 in the state of Tamil Nadu under the NHDP phase -II on DBFOT basis from National Highways Authority of India.
Larsen & Toubro has informed the market that it has bagged order worth rs 2155 crore from NFL , the order is for converting the feedstock of ammonia plant to natural gas, which would be conveting feedstock of the existing 900 tonnes per day (TPD) ammonia plant from fuel oil to natural gas.The project has to be commisioned by January end 2013.
AREVA’s TD has infromed the market that they have bagged recently 2 order for 220/33 KV GIS Substations from Delhi Transco (DTL) which needs to be installed in t Mathur Lane and AIIMS trauma Centre in Delhi , the order involves Design, Engineering, Manufacturing, Testing and Commissioning of 220/33kv Substation Packages.
Unity Infraprojects Ltd has informed the market that it has bagged order worth 99.98 crore from Ministry of External Affairs, New Delhi and the order has to be executed in 24 months time and the order is for “Construction of the Indian High Commission Complex at Baridhara Diplomatic Encalve, Dhaka, Bangladesh”.
Vascon Engineers IPO which closed today finally got fully subscribed on the closing day ,the price range of the
IPO was Rs. 165 to Rs. 185 Oversubscription Details
Total Issue Size 10800000
Total Bids Received 13141695
Total Bids Received at Cut-off Price 1790390
No. of times issue is subscribed 1.22
Syncom Healthcare IPO which closed yesterday had pretty good subscription on the final day and closed with 5.17 times subscription.The IPO was priced between Rs. 65 to Rs. 75. Subscription Details
Total Issue Size 7500000
Total Bids Received 38790720
Total Bids Received at Cut-off Price 14538330
No. of times issue is subscribed 5.17
Thangamayil Jewellery IPO which closed yesterday January 29th saw total subscription of 1.12 times , the IPO was open from Jan 27, 2010 to Jan 29, 2010 , Price was between Rs. 70 To Rs.75. Total Subscription
Total Issue Size 4107500
Total Bids Received 4588240
Total Bids Received at Cut-off Price 1279680
No. of times issue is subscribed 1.12
Punj Lloyd Group,which is a global leader in engineering, procurement and construction (EPC) division, Informed the market today that they have bagged order from GMR , and the order is worth 1100 crore and the order is from GMR Hyderabad Vijayawada Expressways (P) for 116.5 km of National Highway No 9.
Credit policy meeting outcome has come out and they have raised the CRR by 75 basis points , RBI has increased cash reserve ratio by 75 bps to 5.75 Percent , the hike would happen in two stages, the first stage of hike of 50 bps will be effective from February 13 and the next 25 bps from February 27. RBI has not touched the the reverse repo rate which is at 3.25 percent and repo rate which is at 4.75 percent.
Harrisons Malayalam Ltd has informed the market that the company has bagged order from KSRTC ,Trivandaram for construction of central bus terminus.The cost of the project is 50.28 crore.
Food inlfation which is of worry for us is at 17.40 Percent which was down for 3 consecutive weeks, While the Fuel inlfation was at 5.70 percent.While the annual Inflation was at 7.31 percent in December 2009, compared with 4.78 percent in November and 6.15 percent a year ago.
Apple revealed its so talked apple tablet in the conference that is going on now in San Fransico, they have called it as Apple iPad.Apple has made this device as combination of smartphone and laptop.We can surf the Net, check email, see images, watch videos, play music and games and read e-books.
Source:NDTV
- 0.5 inches thick
- weighs 1.5 pounds (0.7kilos)
- 9.7 inch multitouch display
- 1GHz Apple A4 chip (built in house)
- between 16GB and 64GB of flash memory More Updates
>For now it comes with wifi and later version is going to have 3G
> 3g version will have 29.99$ unlimited data plan from AT&T , no contract is needed.
> By June it will be having international deal
> finally it costs only 499 $ starting model without 3g
>In 60 days this will ship worldwide and the 3G model in 90 days.
When the market opened today i almost heard 2 to 3 FII saying indian market is safe not much of downside is not there atleast compared to other world market , i was like ya they say this all the time and on the back they sell the stock to have the market crash , same thing happened today again this doesnt have anything to do with FII statements but , today the market was like battered across all the segment.
In the above image you can see , i had taken this from capitalmarket website , the market was fully in red there was no chance for recovery.The worst hit in todays market was those which has something to do with bank interest rates like realty, auto and banks ahead of Reserve Bank of India’s policy meet. Index and Forex Rate
Sector Wise Indices Data sorted from low hit sector on top
Index Current Value Change (%)
FMCG 2,783.74 -0.71
OIL&GAS 9,848.10 -1.66
CD 3,780.59 -1.74
IT 4,991.76 -2.54
TECk 3,185.35 -2.61
CG 13,001.16 -2.82
POWER 3,002.68 -2.88
HC 4,690.29 -3.01
PSU 9,346.92 -3.81
BANKEX 9,296.34 -4.19
AUTO 6,897.71 -4.78
METAL 16,050.57 -5.82
REALTY 3,357.25 -7.97
Lanco Infratech Ltd has informed the market that it has been awarded order worth totalling value of Rs 5,675 Crores Contract Information
>For Offshore Supplies equivalent to Rs. 2,160.00 Crores
>For Civil Works of Rs. 1,021.68 Crores,
>For Onshore Supplies of Rs. 1,756.44 Crores
>For Services of Rs. 283.80 Crores
>For Non-EPC of Rs. 454.08 Crores
These all are bagged by Lanco Mahanadi Power Pvt. Ltd, a Subsidiary of the Company
for setting up of their Pulverized Coal Fired Power Plant of 2 x 660 MW Capacity to be located in the State of Maharashtra.
Established in 1999 and headquartered in Mumbai, Aqua Logistics is India’s foremost global logistics and supply chain partner, delivering excellence across industries, through an integration of empowered people, processes and technology. At Aqua Logistics, we enable our client’s businesses by aligning the strategic and the operational perspectives.
Aqua Logistics understands that global supply chain management involves planning, implementing and controlling a series of complex tasks performed by persons of different nationalities and cultures and with varying language capabilities. We integrate these multinational capabilities by combining years of expertise with the latest in technology.
Aqua Logistics IPO opened on January 25th 2010.
Symbol – Series
AQUALOG EQ
Issue Period
Jan 25, 2010 to Jan 28, 2010
Issue Size
[.] equity shares [including Anchor investor portion of . equity shares] for cash aggregating upto Rs. 15,000 lacs
Vascon Engineers Ltd. has more than 20 years of experience, conceiving, developing, constructing and managing varied projects. It is active in multiple sectors including residential, industrial, IT parks, malls and multiplexes, hospitality and community.
One simple principle guides Vascon’s approach to every project: Understand the customer’s needs and expectations; fulfil the needs and exceed the expectations. This is how Vascon has been able to strike the right balance between efficient engineering and thoughtful development in project after project, across India.
Syncom Healthcare Limited was incorporated with an objective to manufacture and market pharmaceutical formulations. The Company is promoted by Shri Ajay S. Bankda, a renowned Indore based young entrepreneur.
He started his career with retailing of formulations & later on established a nationwide marketing chain with marketing of own brands like CTZ, FASTAC, Q-CORIL and many more. Capitalizing on the boom in pharmaceutical industry and with the aim to benefit from the tax incentives, a WHO – GMP compliant manufacturing facility in various dosage forms has been setup at Selaqui, near Dehradun in area measuring 4397 sq. mts. The facility is situated on Dehradun – Chandigarh highway in the state of Uttaranchal. This region is absolutely free from noise, air and water pollution.
Our newly constructed formulations manufacturing facility is based on ultra Modern ‘STATE OF ART TECHNOLOGY’ and has been designed by India’s leading consultants Doshi Consultants Pvt. Ltd.
In the year 1947, Mr. N. Balusamy Chettiar, father of Mr. Balarama Govinda Das, Mr. Ba Ramesh and Mr. N.B. Kumar started a proprietorship concern as “Balu Jewellery” having its office at 14 Swami Sandhi Street, Madurai. In the year 1979-80, Mr. N. Balusamy Chettiar handed over all the business of proprietary concern to his sons namely, Mr. Balarama Govinda Das, Mr. Ba. Ramesh and Mr. N.B. Kumar. The business was carried out in the area of 100 sq. ft. at 121, South Avani Moola Street, Madurai.
The Company was originally incorporated on March 24, 2000 as a private limited company. The name of the Company was changed to Thangamayil Jewellery Limited upon conversion into public limited company with effect from November 20, 2007 and a fresh certificate of incorporation was obtained from Registrar of Companies, Chennai
Thangamayil Jewellery IPO opening tomorrow
Symbol – Series
TMJL EQ
Issue Period
Jan 27, 2010 to Jan 29, 2010
Issue Size
Public Issue of [?] Equity Shares of Rs. 10/- each for cash aggregating to Rs.2875.25 lacs
Well Pack Papers Board has informed the market that in the meeting that was held on January 23rd 2010 it has approved the Bonus issue and also the Sub Division of Equity shares . Bonus and Split Details
>Bonus at the rate of 1:4 , which means 1 share for every 4 share held.
>Accorded approval to the sub-division of the face value of Equity Shares of the Company from Rs 10/- each to Rs. 1/- each and, accordingly, the Authorised Share Capital of 80,00,000 Equity Shares of Rs 10/- each shall be sub-divided into 8,00,00,000 Equity Shares of Rs 1/- each and the issued and paid up capital of 44,35,020 equity shares of Rs 10/- each in the share capital of the company be sub-divided into 4,43,50,200 equity shares of Rs 1/- each fully paid-up.
Crompton Greaves informed the market that on January 28th 2010 it will not only come out with results , but also will decide on Bonus Announcements,the stock price has rose by 2 percent after the news.
Shree Renuka Sugars Bonus Issue in the meeting that wqas held on January 25th 2010 has considered the Bonus issue that was proposed before and also approved the same , subject to approval of the shareholders,The Bonus issue is of 1 fully paid up equity shares of Re. 1/- each as bonus share for every 1 existing equity share of Re. 1/- each.
McNally Bharat Engineering Company Ltd has informed the market that the company has received order worth 438 crores from NTPC for Supply, Installation, Testing & Commissioning of Coal Handling, Lime Handling and Gypsum Handling Plant for Bongaigaon Thermal Power Project (3X 250MW), NTPC.The execution time is 30 months.
Kingfisher Airlines reports net loss of Rs 419.96 crore in Qtr ending December 2009 for the financial year 2009-2010 compared to net loss of Rs 413.39 crore in qtr ending December 2008. Sales declined 6.59 Per Cent to Rs 1352.46 crore in Qtr ending December 2009 for the financial year 2009-2010 compared to Rs 1447.83 crore in qtr ending December 2008.