NBCC up on new order from DDA
Shares of
National Buildings Construction Corporation (NBCC) gained by 6%, touching to
Rs933.9, on order for project development from Delhi Development Authority (
DDA). National Buildings Construction Corporation announced that DDA has
entrusted NBCC the project for Development of Lake View Complex, based on
Transit Oriented Development ( TOD) norms on 25 acres DDA land at Trilokpuri,
Delhi.
Pro Fin Capital arm to start
commercial operations in July 2015
Pro Fin Capital
Services announced that the Company's subsidiary company, Tera Natural Resources
And Pellets ( TERA) has obtained necessary approval from the Office of the
Director General of Mines for bauxite mining in the Kolhapur District,
Maharashtra. The total reserves in the mines are estimated to be 25 million
tones.
HCL Technologies allots
29,320 Equity Shares under ESOPs
HCL Technologies Ltd has informed that the Employees Stock Option Allotment
Committee of the Company has on June 25, 2015 allotted 29,320 Equity Shares of
Rs2 each, under the 2004 Stock Option Plan of the Company. Consequent to the
said allotment the paid-up share capital of the Company has gone upto
1,405,978,418 equity shares of Rs. 2/- each aggregating to Rs2,811,956,836
ICICI Bank reduces base rate
ICICI Bank announced a reduction of 5
basis points in its base rate to 9.70% per annum from 9.75% per annum with
effect from today, June 26, 2015. With effect from July 01, 2010, interest
rates on new loans and advances, including consumer loans, are determined with
reference to the bank's base rate, ICICI Bank said.
SBI cuts bulk deposit rates
by 50-75 bps
SBI cuts bulk
deposit rates by 50-75 bps which will marginally bring down cost of funds
and help margins--positive
Railways to spend Rs8.50 lakh
crore over next 5 years
Railways to
spend Rs8.50 lakh crore over the next five years to modernise Indian Railways:
Positive for railway related stocks like Texmaco, Kalindee apart from general
infra companies like L&T .The railways minister shared that the government
would be spending Rs8.50 lakh crore ($125 billion) over the next five years to
modernise Indian Railways. Indian Railways has already received a 30-year loan
from LIC with a moratorium of five years and pension funds too are willing to
fund.
Aviation ministry clears
proposal for second airport in NCR
The aviation
ministry cleared a proposal on Thursday to set up a second airport in the
national capital region (NCR) that’s likely to halve passenger traffic at
Delhi’s Indira Gandhi International Airport.
We see this
development positive for Delhi (NCR) based real estate players. With the
increase in passenger traffic and new airport, the demand for housing would
improve significantly.
CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market. CapitalStars also aveliable on social network
CapitalStars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities including bullions, metals & Agro- commodities traded in MCX and NCDEX.
www.capitalstars.com | T:+91-731-6790000,6669900
CapitalStars Financial Research Financial Advisory Services
0 comments:
Post a Comment