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Bayer to acquire Monsanto in all cash transaction

Bayer to acquire Monsanto in all cash transaction

Sep 14,2016

Monsanto India announced that Bayer and Monsanto signed definitive agreement under which Bayer will acquire Monsanto for USD 128 per share in an all cash transaction.

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Seshasayee Paper advances after getting permission for drawal of water
May 04,2017

The announcement was made after market hours yesterday, 3 May 2017.

Meanwhile, the S&P BSE Sensex was up 252.05 points or 0.84% at 30,146.85. Meanwhile, the S&P BSE Small-Cap index was up 62.15 points or 0.4% at 15,493.11.

On BSE, so far 7,898 shares were traded in the counter as against average daily volume of 3,018 shares in the past one quarter. The stock hit a high of Rs 790 and a low of Rs 747 so far during the day. The stock hit a record high of Rs 880 on 6 February 2017. The stock hit a 52-week low of Rs 238 on 23 May 2016.

The small-cap company has equity capital of Rs 12.61 crore. Face value per share is Rs 10.

Seshasayee Paper and Boards said that District Collector, Tirunelveli has now permitted drawal of 50% of the original sanctioned quantity of water for industrial use until further advice. The shortfall in water availability will be met through ground water resources, the company said. This will enable the unit to maintain full production, it added.

On 25 April 2017, Seshasayee Paper and Boards had informed that Revenue Officials of the Tirunelveli District, Tamil Nadu, had announced temporary suspension on drawal of water from River Thamirabharani for industrial use from 1 May 2017.

Seshasayee Paper and Boards net profit surged 735.11% to Rs 34.49 crore on 33.04% growth in total income to Rs 300.92 crore in Q3 December 2016 over Q3 December 2015.

Seshasayee Paper and Boards operates an integrated pulp, paper and paper board Mill at Pallipalayam, Tamil Nadu.

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Electrosteel Steels to hold board meeting
May 04,2017

Electrosteel Steels will hold a meeting of the Board of Directors of the Company on 15 May 2017, to consider and approve the Audited Financial Results of the Company for the quarter and financial year ended 31st March 2017

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Suven Life Sciences to hold board meeting
May 04,2017

Suven Life Sciences will hold a meeting of the Board of Directors of the Company on 13 May 2017, to approve the Audited Financial Results (Standalone & Consolidated)of the Company under Ind AS for the fourth quarter and year ended 31 March 2017

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Ajanta Pharma to hold AGM
May 04,2017

Ajanta Pharma announced that the 38th Annual General Meeting (AGM) of the company will be held on 5 July 2017.

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Volumes jump at Future Lifestyle Fashions counter
May 04,2017

Future Lifestyle Fashions clocked volume of 4.53 lakh shares by 14:10 IST on BSE, a 26.59-times surge over two-week average daily volume of 17,000 shares. The stock rose 0.28% at Rs 287.75.

KNR Constructions notched up volume of 9.58 lakh shares, a 19.12-fold surge over two-week average daily volume of 50,000 shares. The stock declined 0.49% at Rs 204.95.

Sudarshan Chemical Industries saw volume of 2.56 lakh shares, a 17.99-fold surge over two-week average daily volume of 14,000 shares. The stock jumped 12.56% at Rs 411.80.

IDFC clocked volume of 2.9 crore shares, a 16.25-fold surge over two-week average daily volume of 17.86 lakh shares. The stock rose 2.56% at Rs 62.

Alphageo (India) saw volume of 1.12 lakh shares, a 11.74-fold rise over two-week average daily volume of 10,000 shares. The stock gained 2.08% at Rs 1,040.

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Petron Engg drops on profit booking
May 04,2017

Meanwhile, the S&P BSE Sensex was up 244.67 points, or 0.82% at 30,139.47. The S&P BSE Small-cap index was up 62.18 points, 0.4% at 15,493.14.

High volumes were witnessed on the counter. On the BSE, 44,000 shares were traded on the counter so far as against the average daily volumes of 14,801 shares in the past one quarter. The stock had hit a high of Rs 213.30 and a low of Rs 202.75 so far during the day.

The stock had hit a 52-week high of Rs 220 on 6 May 2016 and a 52-week low of Rs 122 on 21 November 2016. The stock had outperformed the market over the past one month till 3 May 2017, advancing 54.31% compared with the Sensexs 0.05% fall. The scrip had also outperformed the market over the past one quarter advancing 52.71% as against the Sensexs 5.86% rise.

The small-cap company has equity capital of Rs 7.54 crore. Face value per share is Rs 10.

Petron Engineering Construction had rallied 29.86% in the preceding two trading sessions to settle at Rs 213.95 yesterday, 3 May 2017, from its closing of Rs 164.75 on 28 April 2017.

Petron Engineering Construction reported net loss of Rs 1.83 crore in Q3 December 2016, as against net profit of Rs 1.70 crore in Q3 December 2015. Net sales fell 7.7% to Rs 94.60 crore in Q3 December 2016 over Q3 December 2015.

Petron Engineering Construction executes projects in diversified sectors like refineries (reformers and crackers), oil & gas, power, cement, fertilizer & petrochemical including specialized insulation & refractory work, fabrication work along with electrical & instrumentation work.

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Encore Software to hold board meeting
May 04,2017

Encore Software will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Mayur Floorings to hold AGM
May 04,2017

Mayur Floorings announced that the Annual General Meeting (AGM) of the company will be held on 3 July 2017.

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Board of Shriram City Union Finance recommends final dividend
May 04,2017

Shriram City Union Finance announced that the Board of Directors of the Company at its meeting held on 2 May 2017, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

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JM Financial to hold AGM
May 04,2017

JM Financial announced that the 32nd Annual General Meeting (AGM) of the company will be held on 24 July 2017.

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LKP Finance to hold board meeting
May 04,2017

LKP Finance will hold a meeting of the Board of Directors of the Company on 24 May 2017.

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Board of JSW Energy recommends final dividend
May 04,2017

JSW Energy announced that the Board of Directors of the Company at its meeting held on 29 April 2017, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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Board of Dewan Housing Finance Corporation recommends final dividend
May 04,2017

Dewan Housing Finance Corporation announced that the Board of Directors of the Company at its meeting held on 3 May 2017, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Dewan Housing Finance Corporation to hold AGM
May 04,2017

Dewan Housing Finance Corporation announced that the 33rd Annual General Meeting (AGM) of the company will be held on 21 July 2017.

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Sequent Scientific to hold board meeting
May 04,2017

Sequent Scientific will hold a meeting of the Board of Directors of the Company on 23 May 2017, to consider the audited financial results of the Company for the year ended 31 March 2017.

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