Stock Market tips | Commodity Tips | MCX Tips | Stock Advisory Tips

Wednesday, 10 April 2019

Stocks in the news: SBI, Lakshmi Vilas Bank, Praj Ind, Avenue Supermarts, Info Edge

Here are stocks that are in the news today:

SBI: Bank cut MCLR across tenors by five basis points. Home loan rates for up to Rs 30 lakh have been cut by 10 bps.

Praj Industries signed a construction license agreement with Gevo Inc, USA to commercialize technology for production of lsobutanol using sugary-based feedstock

Tata Sponge Iron completed the acquisition of steel business including captive power plants of Usha Martin, pursuant to cash consideration of Rs 4,094 crore to Usha Martin

Board meeting on April 18 to cosider and approve the audited financial results and dividend for the financial year ended March 31, 2019

Info Edge: Company has invested through its wholly-owned subsidiary Rs 6 crore in Bizcrum Infotech Private Ltd.

Avenue Supermarts: Company raised Rs 50 crore via commercial papers.

Ashok Leyland: Promoter pledged 1.33 percent stake in the company.

Vodafone Idea: Rs 25,000 crore rights issue to open on April 10 & close on April 24.

Panacea Biotec has done one-time settlement with consortium lenders to resolve the current debt position of the company

Olectra Greentech board approved the allotment 27 lakh shares at an issue price of Rs. 80.10 to promoter group Goldstone Power, against a conversion of balance 27 lakh warrant out of 54 lakh warrants which were allotted to the promoter group in October 2017

Mindtree to consider to consider the audited financial results and declaration of interim and/or special dividend on April 17

Forbes & Co: CARE revised the company's long term rating to A+ From AA-.

Jet Airways: DGCA said company's lessors apply for de-registration of 7 more planes.

Karda Constructions: Company has completed RCC work of residential building A of project Hari Nakshatra Phase I amounting to Rs 9 crore against the construction work order of Rs 18.92 crore awarded by Shree Sainath Land & Development (India) Private Limited.

Kiri Industries: Singapore Court reserved its judgement in Dystar’s minority oppression suit

Mahindra CIE Automotive completed 100 percent acquisition of Aurangabad Electricals

We provide you sure shot Commodity & Equity Market Tips, Intraday tips, share market tips, Mcx bullion tips, Mcx tips, Crude tips, Stock tips, Future and Cash tips with Technical & Fundamental Research.

Visit: http://ripplesadvisory.com/free-trial.php

Source: Moneycontrol

Wednesday, 13 March 2019

Stocks in the news: NMDC, Raymond, Advanced Enzyme, Avenue Supermarts, Keerthi

Here are stocks that are in the news today:

Majesco: USA subsidiary announces Norman Carroll as Managing Director of European operations.

MSTC IPO opens today for subscription, price band Rs 121-128 per share

January IIP at 1.7% versus 2.6%, February CPI at 2.57% versus 1.97%, MoM

NMDC: Board of directors declared an interim dividend at the rate of Rs 5.52 per share of face value of Re 1 each for the financial year 2018-19.

Avenue Supermarts: Company has issued commercial paper of Rs 100 crore.

Infosys Finacle Partners Hatton National Bank to Pioneer Blockchain-Based Trade Finance in Sri Lanka

Raymond: Company terminated development management agreement with Colorplus Realty Limited for developing its realty project - 'Raymond Realty Phase I' and in order to gain better operational efficiencies and control on the project, it intends to undertake the development on its own.

CMI: Company executed its maiden export order from Mauritius for the supply of XLPE LV/HV underground power cables from the company's plant located at Baddi- Himachal Pradesh.

Axis Bank: Board approved the appointment of Rakesh Makhija, Independent Director as the Non-Executive (Part-time) Chairman of the bank, for a period of 3 years.

TVS Motor: Company has further invested a sum of Rs 30 crore in TVS Credit Services Limited, a subsidiary company. Company’s direct holding in TVS CS increased to 10.29 percent.

RSWM - India rating has affirmed the rating for Term Loan to IND A. The outlook revised to negative from stable.

Kajaria Ceramics: Board approved re-appointment of Raj Kumar Bhargava and Debi Prasad Bagchi as the independent directors.

Kalpataru Power Transmission: Company has completed the acquisition of Shree Shubham Logistics shares.

V-Mart Retail: Company has opened three new stores in Himachal Pradesh, Jharkhand and Uttar Pradesh respectively. This takes the total number of stores to 207 stores in 165 cities across 17 states.

Hindustan Fluorocarbons: Board approved the valuation report and sale of the 66 acres 13 gunthas of vacant surplus land of company subject to the approval of the shareholders, Govt of India and Govt of Telangana/TSIIC.

Orient Tradelink: Company announces a new film which will be based on Para Cricketers of India.

Advanced Enzyme Technologies: Promoter Chandrakant Rathi Innovations and Projects Pvt Ltd sold another 2.20 percent stake in the company and reduced shareholding to 14.67 percent.

Keerthi Industries: Company successfully awarded the onshore contract area of KG/ONDSF/Gokarnapuram/2018 in KG basin under the Discovered Small Field Bid Round — II of offer contract areas.

Visit: www.ripplesadvisory.com

Source: Moneycontrol