Archive for March, 2008
Era Infra informed the market today that Era Infra Engineering Ltd has has secured an order for supply of Ready Mix Concrete (RMC) for common wealth games village, New Delhi valued at approximately Rs 20 crore.
BL Kashyap & Sons Ltd has informed the market that the Company has bagged new projects worth over Rs 344 Crores for Construction of approx 3.60 million sq. ft. of space.
Larsen & Toubro Ltd (L&T) informed the market today that the company has received order from Hindustan Petroleum Corporation Ltd (HPCL) for 576 crores and the order was bagged by L&T's E&C Division's Refinery Projects Business Unit .
Punj Llyod informs the market today that it has received order from Tecnimont S.p.A (Italy) worth 288 crores or 68 million us dollar for Borouge 2 Polyolefins Project of Abu Dhabi Polymers Company, UAE.
Kirloskar brothers informed the market today that it has received an LOI from andhra government for construction of main pumping station and also site development for project in several places ,The total value of the contract is Rs 338.92 Crs.
Reliance energy infromed the market today on Buy-Back of shares ,They have bought-back 1,21,500 equity shares of the Company as on March 31 2008 which amounts , so far bought back 9,51,500 equity shares aggregating Rs 122.39 crore.They told they will buy back upto 800 crores.
Spanco Telesystems informed the market that they have been awarded three projects worth 165.53 crore from three different state . Order details. 1.Awarded LOI by Bihar State Electronics Development Corporation Ltd - Rs 20.08 Crores. 2.Awarded LOI by Food, Civil Supplies & Consumer Protection Department, Govt of Maharashtra - Rs 125.00 [...]
Mutual Fund Dividend Declared for the month of March 2008 , there are some Tax saving scheme also in it so you can benefit both by tax saving and also by dividend. Principal Tax Savings Equity Tax Saving 31-03-2008 8 Sahara Taxgain (D) Equity Tax Saving 29-03-2008 7.5 Birla Equity Plan (D) Equity Tax [...]
Sita Shree Food Products Limited IPO which was open from March 11, 2008 to March 14, 2008 was oversubscribed by 2.44 times and 4.1253 times on the retail side. Check Sita Shree IPO Allotment Status here.
Bharat Oman Refineries (BORL) has filed DRHP with SEBI on March 28, 2008 for its initial public offering (IPO). About BORL BORL is promoted by Bharat Petroleum Corporation (BPCL), a fortune Global 500 Company, with interests in downstream oil refining and marketing of petroleum products. IPO Size BORL intends to raise approximately Rs 3850 [...]
The Dow Jones industrial average (INDU) lost 0.7%, while the broader Standard & Poor's 500 (SPX) index lost 0.8%. The Nasdaq composite (COMP) lost nearly 0.9%.Market was in gree for most part of the day and after noon it came to red. What Moved the Market >Retailers under selling pressure after JCP issued downside first quarter earnings [...]
Inflation, based on the Wholesale Price Index (WPI), shoots up to 6.68% in the week ended March 15 from 5.92% in the previous week .this is really amazing how come the inflation is raising with a slowing economy .
Dow Jones industrial average (INDU) traded down 120 points, or about 1%. The broader Standard & Poor's 500 (SPX) index slipped 1.2%, and the Nasdaq composite (COMP) lagged further behind, losing 1.9%.The whole day market was in red only the jobless data was really helping the market to recover but the tech and banking sector had the US market in [...]
Gammon Infrastructure Projects Ltd IPO which was open from March 10, 2008 to March 13, 2008 was oversubscribed by 3.48 times and 1.0856 times on retail. Gammon Infra IPO Allotment can be checked here.
Titagarh Wagons IPO closed today with subscription of 6.75 times, it was considered to be ok IPO compared to other that opened nowadays . Total Subscription Figures Non Institutional category oversubscribed : 2.7683 times Qualified Institutional Buyers (QIBs) quota : 10.3670 times. Retail Individual Investors (RIIs) category : 0.9798 times [...]
The Dow Jones industrial average (INDU) lost around 110 points, or 0.9%. The broader Standard & Poor's 500 (SPX) index gave back 0.9% and the Nasdaq composite (COMP) lost 0.7%. Whats moving the market >Weekly oil inventory increase less than expected >February new home sales top estimates, but still at 13-year low >Durable orders decline [...]
Simplex Infrastructures Ltd informed the market that it had bagged order worth rs 653 crore and the total is from 3 new orders from different sectors which includes an order from Ritz Carlton Hotel, Bangalore, construction of a cement plant, sewerage system and thermal power plant.The total order book almost stands at 9000 crore or so.
Roman Tarmat informed the market that the Company has bagged an order from New Mangalore Port Trust, Mangalore for concreting the Existing Roads at Mangalore for rs 29.42 crore,The Execution time for the project is 18 months.
Petron Engineering Construction Ltd has informed the market that the Company has received Letter of Intent from Bharat Oman Refineries Ltd, for Electrical works for Bina Refinery at Bina in the State of Madhya Pradesh for a contract Value of Rs 15,81,06,345/- (Rupees Fifteen Crore Eighty One Lacs Six Thousand Three Hundred Forty-five Only). [...]
Tata Motors Ltd today announced the market that it has entered into a definitive agreement with the Ford Motor Company for the purchase of Jaguar Land Rover, comprising brands, plants and Intellectual Property Rights.This would be a done deal by the end of the next quarter, subject to applicable regulatory approvals. [...]
Valecha Engineering Ltd (VEL) has informed the market that the Company has recently bagged new projects worth Rs 250.00 crores approximately which includes Road Works at Pune, Delhi Airport Express Line work & Piling Projects.
Maruti Suzuki Today announced the launch of Swift DZire .The DZire, which comes both in diesel and petrol engines, offers luxury feature options like integrated stereo, steering mounted audio controls, automatic climate control and power windows. It also comes with safety features like Dual Airbags, ABS with EDB, collapsible steering [...]
Stocks Going EX Date fopr Dividend or split or Bonus reson from March 26th to April 8th 2008 Scrip Code Scrip Name Ex-Date Purpose Rs. 590053 KAR MOBILES 26-Mar-08 Interim Dividend 4 500166 GOODRICK GRP 27-Mar-08 Dividend 1.5 [...]
Chiripal Industries is one of the many Textile players in india, They have filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). CIL proposes to access the domestic capital market with its initial public offering (IPO) of 14,216,700 equity shares of Rs 10 each for cash at a price to be decided [...]
Sensex was on a big happy mood wioth global market supporting from all side , the Bear and Stearn news was a big support for US and also for India , You name a stock that would have rose today , JP Associates, Reliance Energy, DLF, Unitech, ICICI Bank, Tata Power, TCS Infosys, Satyam, Reliance Communication, Tata Steel, SAIL, were among the [...]