Stocks In News 28.02.2019
Stocks in the news: Wipro, Bharti Airtel, Quick Heal, Vascon Engineers, Quess Corp, KSB
ARSS Infrastructure Projects | Jet Airways | Wipro | Quick Heal Technologies | Vascon Engineers and Quess Corp are stocks which are in the news today.
Here Are Stocks That Are In The News Today:
Wipro: Company to sell Workday & Cornerstone On Demand operations to Alight for $110 million.
Bharti Airtel: Board meeting is scheduled on February 28 to consider (i) the recommendations of 'Special Committee of Directors for Fund Raising' and; (ii) the proposal for raising of funds by issue of equity shares, bonds/debentures or other securities including through qualified institutions placement, rights issue, preferential issue or through any other permissible mode or a combination thereof
Punjab National Bank: Bank reduced marginal cost of funds based lending rate (MCLR) by 10 bps.
Vascon Engineers: Company received work order amounting to Rs 83.52 crore from Airport Authority of India.
GE T&D has voluntarily delisted the equity shares of the company from The Calcutta Stock Exchange Limited w.e.f. February 21, 2019
Allahabad Bank: Board approved raising equity capital of the bank by an amount aggregating upto around Rs 6,896 crore through preferential issue of equity shares to the Government against their capital infusion.
Nitin Fire Protection Q3: Loss at Rs 87.5 crore versus loss Rs 85.6 crore; revenue falls to Rs 3.43 crore versus Rs 11.63 crore YoY.
Quess Corp: ICRA upgraded rating on company's long term fund based limits to AA/Stable from AA-/Positive and non-convertible debentures to AA/Stable from AA-/Positive.
Shipping Corporation of India: Company has given physical delivery of its 1 container vessel "M V Lal Bahadur Shashtri to its buyer.
Lakshmi Vilas Bank revised MCLR w.e.f. March 1
Varroc Engineering: Phase I of plant set-up by Varroc Lighting Systems S.A. Morocco (a wholly owned step down subsidiary company) has commenced commercial operations from February 26. Plant has been set up in Maroc with an aim to manufacture and supply automotive lighting parts.
KSB Ltd Q4CY18: Standalone profit dips to Rs 25.3 crore versus Rs 27.4 crore; revenue rises to Rs 346.6 crore versus Rs 328.2 crore; CY18 consolidated profit rises to Rs 71.6 crore versus Rs 70.9 crore, revenue increases to Rs 1,093.1 crore versus Rs 969.2 crore YoY. Board recommended Rs 6 per share of Rs 10 each (60 percent) as dividend for the year ended December 2018.
Vesuvius India: Board recommended a dividend at the rate of Rs 7 per share (70 percent).
Odisha Cement - certain mutual fund units, valued at approximately Rs 344 crore have been illegally and unauthorisedly transferred by the Depository Participant (DP) from the demat account held by our subsidiaries, OCL India and Dalmia Cement East.
Tata Metaliks in its board meeting reviewed and discussed the opportunities for growth through capacity expansion at its existing plant in Kharagpur and consequent funding options
Meghmani Organics: National Company Law Tribunal approved the Scheme of Arrangement amongst subsidiaries of company.
PNB Housing Finance has submitted to the Exchange term sheet for NCD Series XLIX
PNB reduces MCLR from 8.15% to 8.05% w.e.f. March 1
ARSS Infrastructure Projects: Joint venture NPCC-ARSS received a work order of Rs 429 crore from National Highways & Infrastructure Development Corporation.
HAL clarified that during the Aero India 2019 held in Bengaluru the company has signed a MoU with CPWD for execution of stage wise infrastructure development of its Helicopter Factory, near Tumakur
Circuit Filter Revision: BSE revised circuit filter price band to 10 percent for Technofab Engineering and Adhunik Industries; to 5 percent for E-Land Apparel, Ind-Swift, and Veto Switchgears & Cables; and to 2 percent for Shree Global Tradefin.
Mangalam Seeds: Migration of equity shares of company from BSE SME Platform to BSE Mainboard Platform with effect from March 1.
IndusInd Bank - Credit ratings for debt securities issued by IndusInd Bank reaffirmed by CRISIL
For More Details Contact Us-9109911538
ARSS Infrastructure Projects | Jet Airways | Wipro | Quick Heal Technologies | Vascon Engineers and Quess Corp are stocks which are in the news today.
Here Are Stocks That Are In The News Today:
Wipro: Company to sell Workday & Cornerstone On Demand operations to Alight for $110 million.
Bharti Airtel: Board meeting is scheduled on February 28 to consider (i) the recommendations of 'Special Committee of Directors for Fund Raising' and; (ii) the proposal for raising of funds by issue of equity shares, bonds/debentures or other securities including through qualified institutions placement, rights issue, preferential issue or through any other permissible mode or a combination thereof
Punjab National Bank: Bank reduced marginal cost of funds based lending rate (MCLR) by 10 bps.
Vascon Engineers: Company received work order amounting to Rs 83.52 crore from Airport Authority of India.
GE T&D has voluntarily delisted the equity shares of the company from The Calcutta Stock Exchange Limited w.e.f. February 21, 2019
Allahabad Bank: Board approved raising equity capital of the bank by an amount aggregating upto around Rs 6,896 crore through preferential issue of equity shares to the Government against their capital infusion.
Nitin Fire Protection Q3: Loss at Rs 87.5 crore versus loss Rs 85.6 crore; revenue falls to Rs 3.43 crore versus Rs 11.63 crore YoY.
Quess Corp: ICRA upgraded rating on company's long term fund based limits to AA/Stable from AA-/Positive and non-convertible debentures to AA/Stable from AA-/Positive.
Shipping Corporation of India: Company has given physical delivery of its 1 container vessel "M V Lal Bahadur Shashtri to its buyer.
Lakshmi Vilas Bank revised MCLR w.e.f. March 1
Varroc Engineering: Phase I of plant set-up by Varroc Lighting Systems S.A. Morocco (a wholly owned step down subsidiary company) has commenced commercial operations from February 26. Plant has been set up in Maroc with an aim to manufacture and supply automotive lighting parts.
KSB Ltd Q4CY18: Standalone profit dips to Rs 25.3 crore versus Rs 27.4 crore; revenue rises to Rs 346.6 crore versus Rs 328.2 crore; CY18 consolidated profit rises to Rs 71.6 crore versus Rs 70.9 crore, revenue increases to Rs 1,093.1 crore versus Rs 969.2 crore YoY. Board recommended Rs 6 per share of Rs 10 each (60 percent) as dividend for the year ended December 2018.
Vesuvius India: Board recommended a dividend at the rate of Rs 7 per share (70 percent).
Odisha Cement - certain mutual fund units, valued at approximately Rs 344 crore have been illegally and unauthorisedly transferred by the Depository Participant (DP) from the demat account held by our subsidiaries, OCL India and Dalmia Cement East.
Tata Metaliks in its board meeting reviewed and discussed the opportunities for growth through capacity expansion at its existing plant in Kharagpur and consequent funding options
Meghmani Organics: National Company Law Tribunal approved the Scheme of Arrangement amongst subsidiaries of company.
PNB Housing Finance has submitted to the Exchange term sheet for NCD Series XLIX
PNB reduces MCLR from 8.15% to 8.05% w.e.f. March 1
ARSS Infrastructure Projects: Joint venture NPCC-ARSS received a work order of Rs 429 crore from National Highways & Infrastructure Development Corporation.
HAL clarified that during the Aero India 2019 held in Bengaluru the company has signed a MoU with CPWD for execution of stage wise infrastructure development of its Helicopter Factory, near Tumakur
Circuit Filter Revision: BSE revised circuit filter price band to 10 percent for Technofab Engineering and Adhunik Industries; to 5 percent for E-Land Apparel, Ind-Swift, and Veto Switchgears & Cables; and to 2 percent for Shree Global Tradefin.
Mangalam Seeds: Migration of equity shares of company from BSE SME Platform to BSE Mainboard Platform with effect from March 1.
IndusInd Bank - Credit ratings for debt securities issued by IndusInd Bank reaffirmed by CRISIL
For More Details Contact Us-9109911538
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