TOP CORPORATE NEWS
IOL Chemicals gets renewal of
“HALAL CERTIFICATE’
IOL Chemicals
& Pharmaceuticals Ltd has informed that the Company has got renewal of
“HALAL CERTIFICATE’ from Hold Committee, Jamiat Ulama - E -
Maharashtra for Ibuprofen, iso Buty / Benezene, Ethyl Acetate and other
products of the Company for the year 2015-2016. It will facilitate the Company
to explore the untapped export markets for its products.
Relaxo Footwears touches
fresh high on ex-bonus
Shares of Relaxo
Footwears rose 4% at Rs493, also their record high on the BSE. Today, the stock
turned ex- bonus in the ratio of 1:1.The board of directors of the footwear
company at its meeting held on May 11, 2015, had recommended the issue of bonus
shares in the ratio of 1:1 i.e. one equity share for every one equity share
held. Since then, the stock has outperformed the market by gaining 38% on BSE.
JSW Energy plans to raise
Rs12,500 cr for capex, expansion
JSW Energy is planning to raise up to Rs12,500 crore through issuance of
various securities as it eyes organic and inorganic ways to expand business. The
firm will seek shareholders' approval next month for raising up to Rs5,000
crore for ongoing capital expenditure and another Rs7,500 crore to pursue
'organic and inorganic growth opportunities'
Puravankara jumps after
company monetise its land
Puravankara
Projects rose over 10%, touching to Rs87.75, after the company has monetised
its land in Bengaluru. Puravankara has entered into an agreement to sell for its
18 acre property located off Kanakapura Road, Bengaluru,' said the company. This
is a strategic transaction and coincides with our business and capital strategy
of the group, it added.
BASF receives Rs144 cr from
sales of textile business
BASF receives
Rs144 cr from sales of textile business – Positive read thru .BASF India
Ltd has now informed that the said closing has taken place and consequently,
with effect from July 01, 2015, the textile chemicals business of the Company
will stand transferred to Archroma India Private Limited on a 'going concern
basis'.
Maharashtra nods for Rs5,000
cr irrigation project
The Ministry of
environment and forest approved a Rs4845 crore Krishna-Marathwada irrigation
project that will irrigate nearly one lakh hectares land in the drought and
suicide prone Marathwada region. The proposal was pending with the environment
and forest ministry for a prolonged time. The scheme, being implemented under
the Narmada-Malwa-Gambhir link project, will provide irrigation facility in
several villages covering 50,000 hectares of area in Indore and Ujjain
districts.
MIC Electronics wins LED
lighting project in Rajasthan
MIC Electronics
a lead bidder in consortium with Kiran Impex, Hyderabad has been selected to
supply LED lights to municipalities in Rajasthan. The projects is for design,
manufacture, supply, testing, installation (retrofit), and commissioning of LED
streetlights and other related works for eight municipalities of Rajasthan. The
order is for supply of 3,19,145 LED streetlights to seven clusters; however the
value of the project is not disclosed.
Ashok Leyland receives order
worth $50mn from Zimbabwe
Ashok Leyland
has received an order worth $50mn from Zimbabwe for supply of 633 commercial
vehicles and spare parts. The order also includes services such as training and
maintenance. The order is financed by the Exim bank.
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