Gloster Limited is an India-based company engaged in the business of manufacturing jute goods. The Company is a manufacturer and exporter of all types of jute and jute allied products, woven and non-woven jute geotextiles, treated fabric-rot proof, fire retardant, jute products for interior decoration and packaging of industrial and agricultural produce. The Company also produces jute and cotton shopping bags and made ups. The Company exports Jute goods to various countries spread over the World. The Company’s manufacturing facilities are located at Bauria in West Bengal. The Company’s subsidiaries include Gloster Lifestyle Limited, Gloster Specialities Limited and Gloster Gujrat Limited.
Gloster Limited (Formerly GlosterJute Mills Ltd.) is a Public Limited Company having its Registered Office at 21, Strand Road, Kolkata-700 001, incorporated on 18th February 1992.GJML was promoted mainly for the purpose of taking over the entire assets and liabilities of Jute Division of Fort Gloster Industries Ltd. (FGIL) and to carry on the affairs of the Jute Division of FGIL as a going concern. FGIL was incorporated in the year 1890 under The companies Act, 1882.
Apollo Hospital stock is something i was thinking a lot today , just that im in and out of the apollo hospital for 2 days now for check up and other reasons , they have kind of started centers across various places all over india, which is kind of normal service which would lead to bigger hospitals , First i was under impression of who would go there now i know they are really doing very good business there.They are doing normal lab test and also they are taking care of general visits , for sure i know most of the IT professionals prefer it because of the cleanliness and also the hospitality , no offence any place is good any doctors are good when the doctor is doing his duty and there is also some cleaniliness in the place.That told Apollo Hospital has both and sure IT people pay double of what they pay outside, this is just from the scenario what i saw in 2 days ,This is specially in chennai .
Anyway it gained Rs.70.35 (11.86 percent). The company opened its stock today at Rs.602 and touched the 52-week high value of Rs.694 in the afternoon trade. Overall 333,072 shares were traded throughout the day with a current P/E ratio at 29.65.May be the stock has gone up a lot , if you want to still buy the stock then may be go for the fund which is holding a lot of it .Franklin Pharma Fund holds 59,535 units of Apollo Hospitals.
As of 24/12/2009
Franklin Pharma Fund Dividend Plan Rs. 25.4069
Franklin Pharma Fund Growth Plan Rs. 48.0103
Arshiya International , a company which is not well known on stock market and which has a 2 week average trading volume in 1.2 lac , spike today by almost 14.37 percent from 160 to 183 and total traded volume is like 610267 which is like 6 times the 2 week average , the company has sold its cyberlog supply chain product suite to AurionPro Solutions in an all-cash deal.
Galleon Hedge Fund,Which currently has asset worth 3.7 billion dollar around the world have some major investement in SriLanka and also some fund in India , As for now we know that they have 7.04 percent stake in broking firm Edelweiss Capital and a 4.61 percent stake in Shriram EPC, Out of the two Edelweiss already is feeling the Heat, on the contrary Shriram EPC is up by 30 rs today , One more news they also hold .22 percent of stake in Pipav Shipyard at 80 rs which they brought through Pre IPO market.
Now with the help of bseindia we are able to provide hot stocks in bse by turnover, by volume,by upper freeze, by 52 week high , we are able to provide a cloud of all these stocks on the main page of rupya.com.If you see on the right hand side of the screen we have this section when you click on the stock it will stay why its hot in bse and further clicking will go to the bseindia market watch page of that particular stock .
Railways related and direct stocks are having very good time , as the the Railway Budget date is nearing , one of the main stock to be noted here is Texmaco , it has gone up by more than 60 to 70 percent in just 2 weeks , time , they have a order book of almost 1300 crores.Anpther notes stock is kalindee rail nirman is also up by almost 60 percent or so , another stock is BEML which is up by almost 30 percent or so in just week or so . Stocks To watch for Railway Budget
When we hear of the news of lehman brother is going to file for bankruptcy the first thing that comes to our mind is the day when bear and stearns sold all its holding in indian company ,So same thing might happen to the holding that Lehman brother has in indian company , they might just sell the stock in the market at whatever price they can to cover losses , so please see if you hold any of these company and make a wise decision .For info Lehman Brothers are considered as FII for indian market , so they do hold lot of company in its portfolio. List of Indian Company that Lehman Brothers Hold
>Anant Raj Inds.
>Godawari Power and ispat
>KPIT Cummins Info
>Nava Bharat Ventured
>S Kumars Nation
>Triveni Engg Ind
>Vijay Shanthi Builders
>West Coast Paper
Valecha Engineering informed the market today that it has received order worth worth Rs 133 crore for laying roads and building bridges in Pune and Delhi. The stock surged after it informed the news , on the financials side Valecha Engineering’s net profit surged 1616.2% to Rs 18.02 crore on 141.1% increase in net sales to Rs 195.10 crore in Q4 March 2008 over Q4 March 2007. The eps of 60 or so puts the PE for this share between 2 to 3 .
Whenever there is a crash market these three counter Praj , Educomp and Sintex we can see a heavy selling but when there is a pull back there will be heavy buying and good raise in the stock price , just watch it on another crash marlet and try to invest in these three counter.
Orchid Chemicals was hammered today by 40 percent or so and its trading at 128 and it closed the market on friday at 208.60 , infact hindu has reconmmended a Buy on this stock on saturday .The traded quantity in the stock is unusally high. Hindu Recommends a Buy for Orchid Chemicals on saturday Update: Reason for the sell off
The Orchid management told CNBC-TV18 that they have sold 7% of their stake due to margin calls.After Bear Stearns transferred over 10 lakh Orchid shares, the stock price was under considerable pressure. As the margin calls positions are being cleared, they have no further plans to sell more shares, the management said.
One of the largest API manufacturers in Asia, Aurobindo Pharma has commercialised over hundred APIs. Aurobindo’s products are spread over six major areas encompassing Antibiotics, Anti-Retro Virals, CVS, CNS, Gastroenterologicals, and Anti-Allergics.
Aurobindo’s R & D strengths lie in developing intellectual property in non-infringing processes and resolving complex chemistry challenges. In the process, Aurobindo develops new drug delivery systems, dosage formulations and applies new technology for better processes. Sector :Pharmaceuticals – Bulk Drugs Stock Price
Aurobindo Pharma is trading at 304 rs or so which was on march 7th 2008 and its just 7 times the EPs of 43 or so , while considering other phrama company at this price its considered a good buy. Track Aurobindo Stock Price here. Budget Benefits
•Reduction of excise duty from 16% to 8% is a positive for all pharma companies .
•Emphasis on allocating funds for the eradication of HIV/AIDS and polio . Continue reading →
J kumar infra which saw the listing today listed at 119 at premium of 8 percent against issue price of 110 rs , saw a rock bottom of 84 and when they news came out of the new orders and how much EPs they are expecting the stock got some intrest from the brokers and good rally was made which again went above issue price but due to weaker market , it closed at 102 in bse. They are promising a EPS of 22 for FY09
Ina statement to CNBC Nalin Gupta, Executive Director of J Kumar Infraprojects, said FY09 sales are seen at Rs 450 crore, while profits are seen at Rs 40-45 crore. FY09 EPS is seen at Rs 22. And FY08 sales are seen at Rs 200 crore, profit at Rs 20 crore.
Binayak Tex processor is hitting upper circuit for two days now after they announced a 8:1 bonus , then i went and saw the company results it was really blowing me off , not sure if its true EPS is more than 15 or so , but the stock is trading at 6.00 rs , eiother there is not too much public holding this , or just the data is wrong or just the stock is not noticed at all .If any one has any info just share it with me . Track Binayak Tex Processors here
Financial Technologies which i hold stocks in was down from 3000 to 2000 and its on the low end for almost 1 month and suddenyl it hits 10 percent today and its at 2294 rs today.if this goes like previous run it might go till 2500 or 2700.
Disclaimer : I hold stocks of Financial technologies.
ITD Cementation India Ltd jointly with its promoter, Italian-Thai Development Public Company Ltd, Thailand one of the leading contracting organization is South East Asia, has been awarded Letter of Acceptance from the Delhi Metro Rail corporation for an Rs 893 Crores contract for construction of over five kilometers of underground metro construction is to be carried out with advanced tunnel boring machines and includes the Khan Market, Jawaharlal Nehru station, Jangpura stations and ancillary works on the Central Secretariat – Badarpur Corridor of Delhi MRTS. Timeline of completion is 35.5 months. (154 weeks).
Shares of DCM Shriram Consolidated Ltd. jumped by nearly 5% on Thursday after a financial daily reported that real estate giant DLF was close to acquiring Swatantra Bharat Mills from the diversified company for Rs16bn.
The deal will give DLF access to about 38 acres of prime property, at a distance of just about 4-5 kms from the capital’s central business district, Connaught Place, the newspaper said.
Reports : India Times
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.
Jain irrigation – i was waiting for the march quarter results for jain irrigation and was not able to see it until today and when i saw that today it dint really impress me and im saying that god i sold at 450 the lot i had and had booked some profit , the Sales as increased but the raw materials cost also increased togeather ,The prodit is less that previous years march profit and also previous Quater profit , Not sure why there is a huge taxation this time need to analyse on that think that as eaten the Profit a lot .EPS is also down with imcrease in promoters stake.
Jain Irrigation Systems earnings went down 22.12% to Rs 258.50 million for the quarter ended Mar. 31, 2007 compared with Rs 331.90 million for the same quarter, a year ago.Earnings per share (EPS) for the quarter slipped 10.66% to Rs 4.44 compared with Rs 4.97 for the same quarter, a year ago.
Nucleus Software Exports Ltd on March 13, 2007 has announced its deal with Mashreq Bank, UAE’s largest private bank, for its flagship product FinnOne™ Finance Against Securities (FAS). The solution has been implemented across the bank’s 46 branches.
BEML – As far the current indications show, We would make 400 coaches in FY08, and 425 coaches in FY09. we are looking at the benefit from additional demand for wagons as well as rail coach demand will go up.Said BEML chief. Beml – Track here . Stone India: Replacement of old wagons means business for them .
Replacement of old wagons would help business. They can add another Rs 20-25 cr due to the new wagons. Stone India Trach here. Kalindee Rail Nirman :
The Railway Minister has announced investment of Rs 30,000 crore for freight corridor project. One of the companies likely to benefit from this is Kalindee Rail Nirman. Kalindee Rail Nirman track here. Hind Rectifiers: New Locomotive order profitable for the company
Hind Rectifiers management says that the rail budget is very promising for their industry. The locos capacity will increase.50% of thr capacity going to Railways. Hind Rectifier track here.
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