Showing posts with label CreditAccess. Show all posts
Showing posts with label CreditAccess. Show all posts

Friday, 7 June 2019

Stocks in the news: Wipro, Indiabulls Real, Just Dial, Cyient, CreditAccess, JSW Steel


Here are stocks that are in the news today:

Wipro: Company appointed Azim Premji as Non-Executive Director for 5 years and re-appointed Rishad Premji as Whole-Time Director. Azim Premji to retire from his current position as Executive Chairman & MD.

Linde India: Board has accepted resignation of Moloy Banerjee as Managing Director and Indranil Bagchi as Chief Financial Officer of the company.

IndusInd Bank: India Ratings & Research reaffirmed ratings on Infra Bonds issuance of Rs 2,000 crore at AA+/Stable and Additional Tier I Bonds issuance of Rs 4,000 crore at AA/Stable.

Bombay Rayon Fashions: Company has received resignation from Arunachalam Arumugham, Independent Director.

Alembic Pharma to consider and approve the proposal for issue of non-convertible debentures on private placement basis on June 12

GHCL chairman clarified that there is no truth in the speculative reports circulating in the media pertaining to divulgence of Swiss Bank account associated with me and investigations there to

Reliance Life Insurance Company making an open offer to acquire 13.82 crore shares of Reliance Nippon Life Asset Management at Rs 230 per share

Cyient announces strategic investment in rail Cybersecurity Company Cylus

Speciality Papers: Nemchand Gala resigned as Managing Director and company appointed Hiren Boricha as the Additional and Managing Director.

CreditAccess Grameen: Company completed a securitisation of Rs 110.35 crore, the first securitization transaction initiated during the FY-2019-20.

Indiabulls Real Estate - Company’s promoters' strategy to focus on financial services in the long run, the promoters intend to dispose-of up to 14% of the fully paid-up share capital of the company to third party investors

Blackstone may buy Indiabulls Real Estate promoters' stake for around USD 1 billion - PTI

Bharti Airtel: Oyo Hotels & Homes and Airtel partner to launch Oyo Store on Airtel Thanks App.

Sagar Cements Consolidated cement production for May up 12.91% at 2,77,146 MT versus 2,45,454 MT and cement sales up 13.29% at 2,75,330 MT versus 2,43,024 MT, YoY

Hindustan Petroleum Corporation: Board appointed Shri Sunil Kumar as government nominee director on the board of HPCL.

PAE: Pritam A Doshi resigned as Chief Financial Officer (CFO) of the company.

JSW Steel: Company has agreed to acquire the entire issued and paid-up share capital of Piombino Steel Limited.

Jai Corp: Board appointed Priyanka S Fadia and Kaushik Deva as additional directors of the company.

Network 18 Media & Investments
TV18 Home Shopping Network has raised a fresh round of funding from Skyblue Buildwell
After the investment, Skyblue holds 82.64% of HomeShop18, becoming the holding company and promoter of HomeShop18
With this investment, HomeShop18 has ceased to be a subsidiary of NW18 HSN Holdings Plc and an associate of Network18 Media & Investments

Ruchira Papers: CRISIL has assigned credit rating of BBB+/Stable to long term facilities and A2 to short term facilities of the company.

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Thursday, 14 February 2019

Stocks in the news: Ashok Leyland, NBCC, Yes Bank, CreditAccess, Trident, SREI Infra, Zee News


Here are stocks that are in the news today:

Results on February 14: Oil & Natural Gas Corporation, Ashok Leyland, Jet Airways (India), Indiabulls Real Estate, Glenmark Pharmaceuticals, Voltas, Shree Renuka Sugars, Vikas EcoTech, Liberty Shoes, AVT Natural Products, Megasoft, TPL Plastech, S&S Power Switchgears, Mohit Industries, Gammon Infrastructure Projects, Thiru Arooran Sugars,

IFCI, Parsvnath Developers, Magnum Ventures, Uttam Value Steels, Wanbury, Impex Ferro Tech, Provogue (India), Mandhana Industries, Videocon Industries, Visesh Infotecnics, W S Industries (I), Lypsa Gems & Jewellery, Nitin Fire Protection Industries, JMT Auto, Pearl Polymers,

India Tourism Development Corporation, Tata Teleservices (Maharashtra), Prime Securities, Ahluwalia Contracts (India), Vipul, GlaxoSmithKline Consumer Healthcare, Texmo Pipes and Products, Neueon Towers, Cox & Kings, The Motor & General Finance, United Breweries, Sunil Hitech Engineers,

Tilaknagar Industries, Empee Distilleries, Parenteral Drugs (India), DSJ Communications, Technofab Engineering, JK Tyre & Industries, Brooks Laboratories, S Chand And Company, Lakshmi Energy and Foods, Surya Roshni, Petron Engineering Construction, Refex Industries, Dynacons Systems & Solutions,

Jain Studios, Ducon Infratechnologies, Eveready Industries India, Eastern Silk Industries, BAG Films and Media, IMP Powers, Kaveri Seed Company, LCC Infotech, Landmark Property Development Company, Rajvir Industries, Simplex Infrastructures, Bharat Rasayan, Vishnu Chemicals, Orient Refractories,

Bharat Dynamics, La Opala RG, Mindteck (India), MBL Infrastructures, Sumeet Industries, Ortel Communications, Sadbhav Engineering, Unitech, Vaswani Industries, Raj Oil Mills, Talwalkars Healthclubs, Bkm Industries, Pritish Nandy Communications, Kavveri Telecom Products, PNB Gilts, Simbhaoli Sugars,

Ess Dee Aluminium, Bilpower, Mahanagar Telephone Nigam, High Ground Enterprise, KSS, Regency Ceramics, Mohota Industries, Nitco, Nagreeka Capital & Infrastructure, CMI, Albert David, Rollatainers, BGR Energy Systems, Superhouse, Sujana Universal Industries, Orient Press, Tarmat, Deep Industries,

Shri Lakshmi Cotsyn, Bartronics India, Infibeam Avenues, Manaksia, Easun Reyrolle, Sharon Bio-Medicine, Bharatiya Global Infomedia, Eon Electric, Sathavahana Ispat, Panacea Biotec, Prajay Engineers Syndicate, Gayatri Projects, Responsive Industries, Mcleod Russel India, MVL, Williamson Magor & Company,

Venus Remedies, Deepak Fertilizers and Petrochemicals Corporation, Nagreeka Exports, Time Technoplast, Agarwal Industrial Corporation, RPP Infra, Pochiraju Industries, Syncom Healthcare, Dalmia Bharat Sugar and Industries, Antarctica, AMD Industries, Asian Hotels (West), Shiva Texyarn,

NCL Industries, Cerebra Integrated Technologies, Sakthi Sugars, Rana Sugars, Prime Focus, Gokul Agro Resources, SMS Pharmaceuticals, Donear Industries, AMD Industries, Kellton Tech Solutions, Adhunik Metaliks, Castex Technologies, Gabriel India, Valecha Engineering, GI Engineering Solutions,

Bil Energy Systems, Puravankara, Genesys International Corporation, Nitin Fire Protection Industries, GMR Infrastructure, Splendid Metal Products, Steel Strips Wheels, MEP Infrastructure Developers, North Eastern Carrying Corporation, Talbros Automotive Components, Paisalo Digital, Jindal Cotex,

Rajshree Sugars & Chemicals, Khaitan (India), India Glycols, Shri Lakshmi Cotsyn, Zylog Systems, MSP Steel & Power, Sreeleathers, Advani Hotels & Resorts (India), MSP Steel & Power, Ortel Communications, Uniply Industries, Kesar Terminals & Infrastructure, Gokul Refoils and Solvent, Ducon Infratechnologies,

Nesco, Adroit Infotech, Weizmann, Bombay Rayon Fashions, Uttam Sugar Mills, Winsome Yarns, Page Industries, Alok Industries, Shiva Mills, ISMT, Kridhan Infra, KSK Energy Ventures, Global Offshore Services, Alankit, Goenka Diamond and Jewels, Manaksia Steels, Anant Raj, Cubex Tubings,

CCL Products (India), Tara Jewels, Patel Integrated Logistics, Talwalkars Healthclubs, Cura Technologies, ICSA (India), Radha Madhav Corporation, Creative Eye, Rainbow Papers, OM Metals Infraprojects, Palred Technologies, Kohinoor Foods, Tera Software, Vivimed Labs, Nahar Industrial Enterprises,

Bhandari Hosiery Exports, GVK Power & Infrastructure, PDS Multinational Fashions, Ortin Laboratories, Arihant Foundations & Housing, Kitex Garments, Nalwa Sons Investments, Ujaas Energy, Karda Constructions, Celestial Biolabs, Vijay Shanthi Builders, APL Apollo Tubes, Housing Development and Infrastructure,

Somi Conveyor Beltings, Sita Shree Food Products, Austral Coke & Projects, Hi-Tech Pipes, Salora International, Ganesh Housing Corporation, SMS Lifesciences India, Sezal Glass, Karma Energy, Sri Havisha Hospitality and Infrastructure, Abhishek Corporation, Visagar Polytex, Responsive Industries,

MMTC, Autolite (India), Ankit Metal & Power, Finolex Cables, Kaushalya Infrastructure Development Corporation, Patel Integrated Logistics, Bannari Amman Spinning Mills, Paras Petrofils

A2Z Infra Engineering Q3: Profit increases to Rs 5.7 crore versus Rs 1.02 crore; revenue rises to Rs 152 crore versus Rs 89.44 crore YoY.

Ansal Properties and Infrastructure Q3: Loss at Rs 19.65 crore versus loss Rs 25.81 crore; revenue rises to Rs 117.5 crore versus Rs 94 crore YoY.

Cornelis Vrieswijk resigns as CEO of GoAir, Jehangir Wadia appointed as interim CEO of GoAir

Yes Bank- RBI finds no divergence in provisioning, asset classification

ABB India board gives in-principle approval to segregate Power Grids operations

Oracle Fin Services Q3 - Cons net profit up 5.7% at Rs 306 cr vs Rs 289.6 cr (YoY)

Lemon Tree Q3 - Cons net profit up 34% at Rs 14 cr Vs Rs 10.3 cr (YoY)

Mercator Q3 - Cons net loss of Rs 449.7 cr Vs loss of Rs 105.3 cr (YoY)

RSWM Q3 - Net loss of Rs 28.5 cr Vs profit of Rs 9.2 cr (YoY)

Fortis Q3 - Net loss at Rs 180.1 cr Vs loss of Rs 19.1 cr (YoY)

Quick Heal Technologies Q3: Profit jumps to Rs 16.09 crore versus Rs 7.97 crore; revenue rises to Rs 65.9 crore versus Rs 63.6 crore YoY.

Tamil Nadu Newsprint & Papers Q3: Profit surges to Rs 50 crore versus Rs 27 crore; revenue rises to Rs 1,103 crore versus Rs 944 crore YoY.

Reliance Capital Q3: Profit at Rs 89 crore versus loss Rs 603 crore; revenue falls to Rs 568 crore versus Rs 639 crore YoY.

HPL Electric & Power Q3: Consolidated profit at Rs 6.61 crore versus Rs 8.8 crore; revenue falls to Rs 259.44 crore versus Rs 276.3 crore YoY.

NBCC India Q3: Consolidated profit rises to Rs 83.65 crore versus Rs 68.34 crore; revenue jumps to Rs 2,438.8 crore versus Rs 1,886.3 crore YoY.

CreditAccess Grameen: Company completed a direct assignment of Rs 275.28 crore. With this transaction, the company has completed six securitisation and four direct assignment transactions totaling to Rs 1,573.22 crore in FY19.

Schneider Electric Infrastructure December Quarter Earnings: Loss at Rs 6.3 crore versus loss Rs 7.3 crore; revenue dips to Rs 437.3 crore versus Rs 470.5 crore YoY.

DHFL: Harshil Mehta expressed his desire to resign from the position of Whole Time Director (designated as Joint Managing Director & CEO). However, he would continue to hold the designation of Executive President - Retail Business.

Trident: Company has been granted a patent for Air Rich Yarn and Fabric and its method of manufacturing by United States Patent & Trademark office.

Goodyear India Q3: Profit falls to Rs 21.7 crore versus Rs 37.6 crore; revenue jumps to Rs 464 crore versus Rs 399 crore YoY.

HIL: Company has commenced the second phase production of its dry mix plant at its plant located at Jhajjar, Uttar Pradesh.

ARSS Infrastructure Projects Q3: Profit at Rs 3.03 crore versus loss Rs 6.08 crore; revenue dips to Rs 75.8 crore versus Rs 91 crore YoY.

Prabhat Dairy Q3: Profit dips to Rs 10 crore versus Rs 14.7 crore; revenue rises to Rs 463 crore versus Rs 403.9 crore YoY.

PNC Infratech Q3: Profit falls to Rs 47.35 crore versus Rs 93 crore; revenue jumps to Rs 727 crore versus Rs 472.5 crore YoY.

Gulf Oil Lubricants Q3: Profit rises to Rs 50 crore versus Rs 42.5 crore; revenue jumps to Rs 462 crore versus Rs 356 crore YoY.

Tata Power: Company collaborates with AES and Mitsubishi Corporation to power up South Asia's largest grid-scale energy storage system in India.

Godrej Industries: Board approved the Scheme of Arrangement (demerger) between Ensemble Holdings & Finance Limited (a wholly owned subsidiary) and Godrej Industries and their respective shareholders.

Pidilite International Pte, a WOS of Pidilite Industries in Singapore alongwith Crown Classics, a Company in Kenya, has promoted a joint venture company in Kenya namely Pidilite East Africa

IndusInd Bank

Board approved Establishment of Euro Medium Term Notes (EMTN) Programme of USD 1 billion
Approved raising long-term financing through issue of Basel III-compliant Bonds for an amount not exceeding Rs 3000 crore on private placement basis

Creditaccess Gramin completed a direct assignment of Rs 275.28 crore

Reliance Capital approved the proposal of raising of resources by way of a public issue of Secured Redeemable NCD for an amount upto Rs 1750 crore

PSP Projects has emerged as Lowest (L-l bidder) in the tenders for construction and up gradation of Medical College at Dungarpur, Rajasthan for contract value of Rs 82.18 crore and construction of school project worth Rs 333 crore

Mayur Uniquoters Q3: Profit flat Rs 21.75 crore; revenue rises to Rs 160.8 crore versus Rs 138 crore YoY.

Triveni Engineering Q3: Consolidated profit increases to Rs 67 crore versus Rs 60 crore; revenue rises to Rs 903 crore versus Rs 772.5 crore YoY.

Godrej Industries Q3: Profit spikes to Rs 121 crore versus Rs 50 crore; revenue rises to Rs 2,473 crore versus Rs 2,100 crore YoY.

Repco Home Finance Q3: Profit increases to Rs 55.64 crore versus Rs 42.42 crore; revenue jumps to Rs 304 crore versus Rs 274 crore YoY.

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Source: Moneycontrol