Punj Lloyd net profit rose 133.62% to Rs 139.31 crore in Qtr ending March 2010 for the financial year 2009-2010 compared to Rs 59.63 crore in qtr ending March 2010. Sales declined 38.76% to Rs 1214.13 crore in Qtr ending March 2010 for the financial year 2009-2010 compared to Rs 1982.66 crore in qtr ending March 2010.For the audited full year, net profit rose 14.42% to Rs 367.40 crore in the year ended March 2010 compared to Rs 321.10 crore during the previous year ended March 2009. Sales rose 3.86% to Rs 7116.70 crore in the year ended March 2010 compared to Rs 6851.99 crore during the previous year ended March 2009.
Apollo tyres raised almost 5 rs today or 7 percent after the cpmpany came out with the fourth qtr results ,Apollo tyres Net Profit was up by 151.50 percent to Rs 116.17 crore on 18.20 percent increase in net sales to Rs 1312.78 crore in Q4 March 2010 over Q4 March 2009.
ARSS Infrastructure Projects Ltd has informedthe market that it has bagged a new o\work order from Greater mohali area and the order is from Dev. Authority (GMADA) and the order is worth Rs. 80.32 crores.No further info is known.Stock was up today by almost 2.4 percent.
KNR Constructions Ltd has informedthe market that the company has received EPC order worth of Rs. 825 Crores. , the order is from Bijapur-Hungund Tollway Private Limited and Sadbhav Engineering Limited for, the order is for 4 Laning of Bijapur – Hungund Section of NH-13from Km 102.00 to Km 202.00 in the State of Karnataka under NHDP Phase III” in the State of Karnataka , the project needs to be executed in 910 Days from the Appointed Date.
Uttar pradesh board of education is considered to be one of the biggest , and the board was set up in the year 1921 at Allahabad by an act of United Provinces Legislative Council. It conducted its first examination in 1923. This Board is one in India which, from the very start, had adopted 10+2 system of examination. The first public examination after 10 years education is High School Examination and after the 10+2 stage, there is Intermediate Examination. Prior to 1923, University of Allahabad was the examining body of these two examinations.You know what we have to say this is the biggest board in the world almost 32 lakh students on an average is there.
The result for the same is available now and can be looked at here.
Aban Offshore Ltd has informed the market that the company has been awarded LOI for the deployment of jack-up rig Deep Driller 6 in the Middle East for a 18 firm wells plus 4 optional wells programme. The estimated revenues from the Contract (with an estimated duration of approx. 4 years) is approx. USD 187 million. This will run for 4 years and the same will be deployed some where in second Qtr of 2010.
I can already see the school season is getting slowly started , first it as + 2 results for which almost all states have come out and then it was the CBSE results which came out and now tomorrow the 10th Results will be out , with that all is set and everyone will decide now what to choose for the Higher secondary , some forced by the parents and some who decide on the own and some due to various decision would make up the mind and choose not so interesting group.
But on the whole technology has changed a lot on how the students gets the results in these days , i still remember my 10th and +2 marks where we did really go to guindy station where there would be paper that would be coming in at like 10.30 or 11.00 on the day of the results which will give the info of if you have passed and if you have passed then if its first class or second class. But now god so many options are there from Internet to Mobile phone whatever media is available on all the media you will be able to get the results ,just one thing is in olden days there is no way or may be it would be tough to know your friends mark , but now you can just put in his roll number and get that before him , anyway to cut it short the 10th Examination results will be available tomorrow and the link for the same is below.
NRB Bearings Ltd has informed the market today that in the meeting thats going to be held on June 01 2010 they will consider issue of Bonus Shares.They have already declared a dividend of 2 rs .On the financial side N R B Bearings the profit of the company rose 3.69 times to Rs 9.3 crore from Rs 2.5 crore in the same quarter previous year.Net sales for the quarter for the quarter surged 53.54% to Rs 1,01.80 crore, while total income for the quarter jumped 54.40% to Rs 1,02.21 crore .It reported EPS of rs 1.92 a share during the quarter.
Standard Chartered PLC which is listed in London stock exchange is trading at 1633 GBp , ITs opening its IDR issue today in India and StanChart will issue 240 million IDRs, with every 10 IDRs representing one share of Standard Chartered Plc.StanChart has fixed the price band for its sale of Indian Depositary Receipts (IDRs) at INR100-INR115 per share.They have told they will give additional discount of five percent to retail investors for its IDRs based on whats the rate the value is fixed at.
Standard Chartered PLC IDR
Symbol – Series
STAN EQ
Issue Period
May 25, 2010 to May 28, 2010
Post issue Modification Period
29-May-10
Issue Size
240,000,000 INDIAN DEPOSITORY RECEIPTS (including Anchor investor portion of 36,000,000 IDRs)
Issue Type
100% Book Building
Price Range
Rs 100 to Rs 115
Tick Size
Re. 1/-
Market Lot
200 IDRs
Minimum Order Quantity
200 IDRs
Maximum Subscription Amount for Retail Investor
Rs.100000
IPO Market Timings
10.00 a.m. to 5.00 p.m.
Global Coordinators and Book Running Lead Managers
UBS Securities India Private Limited and Goldman Sachs (India) Securities Private Limited
Update Coming soon :
Starts with a big bang
Big stunt for 5 mins
Nothing interesting until 15 mins
Frst song indharan. Chandran as started
Anoushka enters with naser
30 mins into movie no stry yet
Finally some story prakadh raj to deal with some issue in suryas village
Very good street fight on thuthukodi rd
Vivek comedy is a waste
Anoushka is better in this movie than vettaikaran
Second song. Has very good location
After 1 hr movie its interesting
Surya is now inspector of thiruvanmyur
From now I think both surya and prakaxj raj will clash
Atleast second half shld have story its interval now
Sorry hari no logic why is the commisioner not taking the guys out
Third song has started all songs are good location choosen good
Anoushka and suryya is all over the movie
as expected naser goes for help frm surya as we thought
Surya has kamberram, he is promoted as asst comm
Hey got the story its fight between mayilvaganam and singam
Baba seghals song is class, devi prasad has done it for wht he has paid
Finally at the end the movie is racey like any other hari movie
Surya saved the movie
Singam – This is the tamil movie that is getting release this week on May 28th 2010 , this is like second release from Sun Pictures in a month or so , this has never happened , as Sura which was another movie from Sun Pictures Cradle has a big flop in the box office and the theater owners who have already started asking for compensation from Vijay said they will be taking off the movie from the theater was cooled down by Sun Pictures saying they will release Singam sooner than expected and they are releasing it this week. About Sun Pictures
Sun Pictures the film division of Sun Network Limited is today one of the leading production houses in the industry. We are actively involved in Production, Distribution and acquisition of content. We have released 12 films so far – Kadhalil Vizhunden, Thenavattu, Dindigul Saarathy, Padikathavan, Thee , Outlander, Ayan, Masilamani , Ninaithale Innikum , Kanden Kadhalai, Vettaikaran, Theeratha Vilayattu Pillai and Sura all of which are success stories. Our Other exciting projects are awaiting . About Singam Movie
Singam is produced by K.E. Gnyanavel Rajan under the banner name of Studio Green Films and is directed by Hari, who earlier directed Surya in Aaru and Vel. In the film, Anushka acts opposite Surya while Prakash Raj takes on the antagonistic role.Musical score by Devi Sri Prasad has already become sensational chartbusters and Sun Network has already started its publicity campaigns. Since, it’s Surya’s 25th film, his fans are expecting big from Singam, which is touted to be a family entertainer with right mix of action, fun, romance, sentiments and glamor.
This is the hot news on sunday Noon , that Mukesh and Anil has once again join hands , dont come to any conclusion its all good news only , Reliance Industries led by Mukesh D Ambani, and Reliance ADA Group companies, Reliance Communications, Reliance Infrastructure, Reliance Natural Resources, and Reliance Capital, led by Anil D Ambani, have approved and they have also signed an agreement cancelling all existing non-compete arrangements , which was enetered as part of the broke up that happened in January 2006 ,they have entered into a new simpler, non-compete agreement with respect to only gas-based power generation.Ril has even agreed not to enter into gas based power generation until March 2022.
Think there are so many people who commented on the rboke up before as a act to bring in 2 big Releiance firm and that has happened already and now they are slowly paving way to re join .
Yesterday Tamil Nadu educational department has said that the 10th sslc results conducted in tamil nadu will come out with the results on May 26th 2010 , As like any pother major exams the results will be available online and also through various options of SMS and also they can check the results in the respective school.Around more than 100 thousand people might check the results online on may 26th 2010 , anyway the results will be available here at : http://www.tnresults.nic.in/
Shriram Transport Finance Company – They are the largest asset financing NBFC with a primary focus on financing pre-owned commercial vehicles*.They are among the leading financing institutions in the organized sector for the commercial vehicle industry in India for FTUs and SRTOs. They also provide financing for passenger commercial vehicles, multi-utility vehicles, three wheelers, tractors and construction equipment. In addition, They provide ancillary equipment and vehicle parts finance, such as loans for tyres and engine replacements, and provide working capital facility for FTUs and SRTOs. They also provide ancillary financial services targeted at commercial vehicle operators such as freight bill discounting and also market co-branded credit cards targeted at commercial vehicle operators in India, thereby providing comprehensive financing solutions to the road logistics industry in India. In addition, They also provide personal loans to the existing customers. Shriram Transport Finance Company Limited NCD
NCDs aggregating upto Rs. 25,000 lacs with an option to retain over-subscription upto Rs. 25,000 lacs for issuance of additional NCDs aggregating to a total of upto Rs.50,000 lacs, including a reservation for Unsecured NCDs aggregating upto Rs. 20,000 lacs. The Unsecured NCDs will be in the nature of subordinated debt and will be eligible for Tier II capital.*NCD will be listed on NSE. NCD Rating
The Secured NCDs proposed to be issued under this Issue have been rated ‘CARE AA+’ by CARE for an amount of upto Rs. 50,000 Lacs and ‘AA/Stable’ by CRISIL and the Unsecured NCDs proposed to be issued under this Issue have been rated ‘CARE AA’ by CARE for an amount of upto Rs. 50,000 Lacs and ‘AA/Stable’ by CRISIL for an amount of upto Rs. 50,000 Lacs Issue Date
The Issue shall be open from May 17, 2010 to May 31, 2010 with an option to close earlier and/or extend upto a period as may be determined by our Board. Pay-in date
3 (three) Business Days from the date of reciept of application or the date of realisation of the cheques/demand drafts, whichever is later.Deemed Date of Allotment Deemed date of allotment shall be the date of issue of the Allotment Advice / regret. Options Available
Options
Frequency of
Face Value &
Coupon(%) p.a.
Effective Yield (%) p.a.
Minimum Application Size
In Multiples Of
Interest Paymnet
Issue Price
QIB/NII
>5lacs
QIB/NII
>5lacs
1
ANNUAL
Rs. 1000/-
9.00%
9.50%
9.00%
9.50%
Rs.10000/-
Rs.1000/-
2
SEMI-ANNUAL
Rs. 1000/-
9.50%
10.00%
9.73%
9.96%
Rs.10000/-
Rs.1000/-
3
ANNUAL
Rs. 1000/-
9.75%
10.25%
9.75%
9.75%
Rs.10000/-
Rs.1000/-
4
DOUBLE BOND
Rs. 1000/-
N.A
N.A
N.A
N.A
Rs.10000/-
Rs.1000/-
5
ANNUAL
Rs. 1000/-
10.25%
10.75%
10.25%
10.75%
Rs.10000/-
Rs.10000/-
Final Conclusion :
Shriram Transport corporation is considered one of the best NBFc in india and they are in this field for almost 3 decades now so no worry about the business they are doing , Its trying to raise 80 percent of the money for the NCD from Retail.Scheme wise it has 3 secured and 2 unsecured , the secured NCD is rated as CARE AA+ and Un Secured are rated as CARE AA.If we go by the rating company the retailers need not worry much as the un secured itself is not having much risk.The interest yield is on the higher side where a bank offers only 7.5 or so max but they offer anywhere from 9.5 to 10.5 on the secured side itself.On the Un Secured side the yield is really high anywhere from 10.75 percent to 11.25 percent.If there is a urgent need of liquidity arise we can sell this NCD in NSE which is very good option for the retailers.So this NCD offers both very good Return and also rated good by Care and has very good liquidity option for the retailers.
CBSE 12th Results for all Regions is Available , on may 19th only for chennai and one more division was available but now all the regions CBSE 12th result is available , they can be seen here. CBSE 12th Results
The Results are also available from here
> http://www.results.nic.in
> http://www.cbseresults.nic.in
> http://www.cbse.nic.in.
Wipro has announced that the Book Closure from July 01, 2010 to July 22, 2010 for the purpose of Dividend & AGM, Wipro Ltd has now been withdrawn and the
revised dates of book closure will be intimated shortly. Further the Company has informed that, Record Date for the bonus issue and for Dividend, will be announced separately.
S E Investments Ltd. has infromed the market that it has fixed May 19, 2010 has the record date and has allotted 15,21,00,000 fully paid up bonus shares of Rs. 2/- each to those
members whose names appear in the Register of members as on May 19, 2010.
IL&FS Transportation Networks Ltd has informed the market that the company in partnership with Ramky Infrastructure Ltd has emerged as the lowest bidder for the National Highways Authority of India (‘NHAI’) Four Laning of Jorabat – Shillong (Barapani) Section of NH-40 from Km 0.000 to Km 61.800 in the State of Assam & Meghalaya , the order is on Design, Build, Finance, Operate and Transfer (DBFOT) pattern .
Jaypee Infra-tech got listed in the Stock Exchanges today , Jaypee infra which came out with a IPO in the range of 102 – 107 rs , Set the IPO final price at 102 rs , the subsidiary of Jaiprakash Associates finally got listed today in the exchange at a price of Rs 98 and at 10 or so its trading at 94 or so.
Scrip ID : JPINFRATEC
Group / Index : B
Face value : 10.00
Scrip Code : 533207
It took almost 34 days days and 183 rounds for the bidding to get over no one expected it to last more than 2 weeks or so , and finally the bid ended and the provisional results are announced yesterday , but the thing is no single company put of the 7 winning bidders have won any Pan India license .The 3G spectrum auction including amount payable by MTNL and BSNL will earn revenue of Rs 67718.95 crores to the government.
Circle
Vodafone
Bharti
Reliance
Tata
Idea
Aircel
Stel
Delhi
✔
✔
✔
Mumbai
✔
✔
Maharashtra
✔
✔
✔
Gujarat
✔
✔
✔
Andhra Pradesh
✔
✔
✔
Karnataka
✔
✔
✔
Tamil Nadu
✔
✔
✔
Kolkata
✔
✔
✔
Kerala
✔
✔
✔
Punjab
✔
✔
✔
✔
Haryana
✔
✔
✔
Uttar Pradesh (E)
✔
✔
✔
Uttar Pradesh (W)
✔
✔
✔
Rajasthan
✔
✔
✔
Madhya Pradesh
✔
✔
✔
West Bengal
✔
✔
✔
✔
Himachal Pradesh
✔
✔
✔
✔
Bihar
✔
✔
✔
✔
Orissa
✔
✔
✔
Assam
✔
✔
✔
North East
✔
✔
✔
Jammu & Kashmir
✔
✔
✔
✔
Number of circles
9
13
13
9
11
13
3
Total Costs (RS Crore)
11617.86
12295.5
8585.04
5864.3
5768.6
6499.5
337.7
Total Costs (USD)
$2.55 B
$2.7 B
$1.88 B
$1.29 B
$1.27 B
$1.43 B
$74 M
If you see Bharti,Reliance and Aircel has got 13 circle , idea has got 11 circle and Tata and Vodafone has got 9 circle and finally Singapore Telecom has got 3 circle.
English Indian Clays Ltd has informed the market that the company on the meeting that was held on May 18th , it has recommended the following items for approval which will be made at the Annual General Meeting to be held on June 29, 2010:-
>Final dividend of Rs. 5/- per Equity Share of Rs. 10/- each. An interim dividend @ Rs. 5/- per Equity Share has already been paid by the Company during the year.
>Stock Split from 1 (one) Equity Share of Rs. 10/- each fully paid up into 5 (five) Equity Shares of Rs. 2/- each fully paid up.
>Bonus Shares in the ratio of 5:4 i.e. issue of 5 Equity Shares of Rs. 2/- each for every 4 Equity Shares of Rs. 2/- each held.
SJVN IPO which came out with a IPO of Rs 41.50 crore at a price band of Rs 23 to Rs 26.The IPO got closed on may 3rd or so got listed today , the IPO got listed above IPO price but its trading below the price now at the range of 24 to 25.
At 9.30 or so there are only 10 lakh buyers or so but there are 70 lakh sellers.
Maharashtra MHADA Lottery program will be hel;d today and the results will also be announced , 3 lakh people or so is participating in order to bid for 3000 houses or so .Winning the Lottery means that you will be able to afford a nice home in Mumbai. MHADA is the Maharashtra Housing and Area Development Authority. The website of MHADA Lottery Results 2010 is http://mhada.maharashtra.gov.in
We already know that Singapore Exchange is offering Nifty Options , Its offering positions on S&P CNX Nifty Index (Nifty) . This follows SGX’s obtaining of licensing rights from India Index Services & Products Limited (IISL) for the product range including derivative contracts on the CNX Nifty Junior, CNX 100 and CNX Midcap indices. Singapore Exchange Nifty Spot can be seen here also.