Archive for May, 2007
Parsvnath Developers Ltd conducted the bhoomipujan of the ultra modern township Parsvnath Paliwal City, Panipat with a project cost of Rs 235 crores. The plots in the township would be ranging from 250 sq. mtrs. to 836 sq. mtrs. The Company would now develop the township in sector 38-39 of Panipat.They are planning to finish it by 2 years.
Raj Tv has announced the market that for now they have only license to broadcast two channels and which they are going to start sooner , but thing previously they had said that thwy are going to start 12 channels or so and they have approval for that , that may be the reason that Raj Tv is down today.
Videsh Sanchar Nigam Ltd (VSNL) has announced that it has become the first Company to launch WiMax services in India. It has announced the commencement of these services for enterprise customers in Bangalore.but im not sure if thats true , thought we have WiMax from various other telecom providers , not sure i have to check out my previous posts.
Idea and Spice Tele might for a deal in another week or so, thats what market is talkign about but it might be speculation also , i saw this first in moneycontrol , but i also saw this news some where else not sure , but Everyone knw that spice tele is planning for a IPO and its also doing a placement before IPO and Idea was buying in some good [...]
Patel Engineering rose 2.60% to Rs 429.90 after it announced that the Company has bagged an annuity based Build Operate-Transfer (BOT) project worth Rs 518 crore from National Highways Authority of India (NHAI). The project would be located on NH-7 in the State of Andhra Pradesh under North-South Corridor (NHDP Phase II).
Simplex Infrastructures rose to 7 percent at Rs 347.50 afterthe news of its order win for Rs 1055 crore.Simplex Infrastructures Net profit jumped 57.2% to Rs 17.29 crore in Q3 December 2006 (Rs 11 crore).
GMR Infrastructure Ltd has informed that Delhi International Airport Ltd (DIAL), a subsidiary of the Company, has incorporated a Company named as 'Delhi Aerotropolis Pvt Ltd' on May 22, 2007 as its 100% subsidiary,they have formed this company to pursue thr business into commercial property development.
Stocks to watch - Unitech - Bonus news and DLF IPO Divis Lab - Impresssive results so still having the party mood Bajaj Electricals - Bonus and Good results Mood and L&T - Impressive Results and future plans.
500002 ABB Ltd. RD 6/7/2007 Stock Split From Rs.10/- to Rs.2/- 500003 Aegis Logistics Ltd. 25 % Dividend 531530 Betala Global Securities Ltd. BC 21/06/2007 A.G.M. 531719 Bhagiradha Chemicals and Industries 25 % Dividend 523229 Bharat Seats Ltd RD 5/7/2007 Bonus issue 526821 Dai-Ichi Karkaria Ltd. 11 % Dividend 532526 Dishman [...]
Bajaj Electricals stocks rose up today by 10 percent first reason is the Bonus Issue news and second is the impressive results . The company's Q4 net profit was at Rs 18.9 crore versus Rs 13.6 crore on YoY basis. It also approved 1:1 bonus issue.
The equity shares of MIC Electronics Ltd (Scrip Code: 532850) is to list in the 'B1' Group Securities from May 30 2007.
The equity shares of Insecticides India Ltd (Scrip Code: 532851) is to list in the 'B1' Group Securities from May 30 2007.
L&T has announced its fourth quarter and also yearly results. FY07 Data FY07 Net Profit is at Rs 1,403 crore vs Rs 1,317 crore. Net Sales are at Rs 17,579 crore. Q4 07 data Q4 Net Profit of the company is at Rs 700 crore vs Rs 466.8 crore. Q4 Net Sales are at Rs 6,248.24 crore vs Rs 4,627.9 crore.
Gayatri Projects has secured Five new orders aggregating to Rs 455.40 crores: 1. Name of the Employer: The Superintending Engineer, G.N.S.S. Circle, T.G,P. Colony, KADAPA Value of Work (Rs in Crores): 111.96 2. Name of the Employer: The Superintending Engineer, DummagudemProject Circle, Khammam Value of Work (Rs in Crores): 281.61 3. Name of the [...]
Tantia Constructions Ltd has informed BSE that they have bagged the following projects 1.Work: Construction and Development of State Highways in the District of Rohtas, State of Bihar,Segment: Infrastructure - Roads,Amount: Rs 113.45 crore approx 2.Work: Construction and Development of State Highways in the District of Districts Lakhisaral & Jamui [...]
Mutual Fund Name Book Closure Date Dividend per Unit(Rs) Tata Pure Equity Fund (D) 1/6/2007 3 DBS Chola Hedged Equity (D) 31/05/07 0.5 Canexpo (D) 29/05/07 5 HDFC Long Term Equity Fund (D) 28/05/07 1 StanChart Classic Equity (D) 28/05/07 1.5 Tata Life Sc & Tech Fund (D) 25/05/07 4 UTI MNC Fund (D) 25/05/07 3
500103 Bharat Heavy Electricals Ltd., 60 % Final Dividend 532121 Dena Bank BC 16/06/2007TO 8% Dividend 520022 Denso India Ltd 12 % Dividend 500650 Excell Industries Ltd., 10 % Dividend 530023 Fortune Financial Services (India) 10 % Final Dividend 506480 Gulf Oil Corporation Ltd. 75 % Dividend 500189 Hinduja TMT Ltd. 100 % [...]
SEBI has approval futures and options contracts will be introduced on CNX NIFTY JUNIOR (JRNIFTY) and CNX 100 (CNX100) indices for trading in F&O segment w.e.f. June 1, 2007.
Unitech Hotel is in the making , sources say that UNITECH might plan to hive off the hotel business into a new company called Unitech Hotels , they are planning to almost 25 hotels under its flagship name Unitech , they are also already approached by major infra funds and US Fund houses.Think this is too many surprises for Unitech today.
Decolight Ceramics IPO : A manufacturer of vitrified ceramic tiles ,IPO closes on May 29 just one more day for closing the IPO is not yet fully subscribed , considered to be a ok IPO with ifrastruction growing at the rate of 30% , one can invest in this IPO. Price band of Rs 45-54 per share Plans to raise Rs 43.45 crore
So one more real estate company to hit the maket aftr DLF would be IVR PRIME ,IVR Prime IPO will be out in the next 45 days. It is expected to raise Rs 650-750 crore via diluting 18-21% stake.We will wait and see how the reponse is for DLF then IVR Prime will open.
Asahi Songwon Colors Limited IPO allotment status is ready .
I was not able to see the opening today from home , i was busy attending a wedding and thats the time by phone came handy , i used the GRPS in my phone and connected to the wap site of BSEINDIA i have to say thats the one of the best wap site by means of usage i have seen , i tracked the market almost for 30 minutes through the phone , BSE Sensex, [...]
IVRCL Infrastructure has announced its Q4 and FY07 results. The company has reported net profit of Rs 72.3 crore (Rs 723 million) in Q4 of FY07 as against Rs 43.8 crore (Rs 438 million) in Q4 of FY06 and revenue of Rs 1009.3 crore (Rs 10.09 billion) versus Rs 590.6 crore (Rs 5.9 billion).so the results are above expectation and this has been [...]
Just a warning please dont try to understand Untechs results , they always post a 1000% increase in net profit and sales ,Unitech has declared its FY07 numbers. The company has reported consolidated net profit of Rs 1305 crore (Rs 13.05 billion) versus Rs 87.7 crore (Rs 877 million) and consolidated revenue of Rs 3,388 crore (Rs 33.88 billion) [...]