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Surya Industrial Corporation to hold AGM

Surya Industrial Corporation to hold AGM

Sep 14,2016

Surya Industrial Corporation announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2016.

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15.5% Growth in Domestic Tourist visits to States/Uts during 2016 as compared to 2015
Mar 02,2017

Ministry of Tourism compiles data on tourist arrivals and visits to States/ Union Territories (UTs) on the basis of details received from various sources namely Bureau of Immigration and States /UTs.

While surpassing the growth rate of 6.8% in Foreign Tourist Arrivals (FTAs) observed in January 2016 over January 2015, a significantly higher double digit growth rate of 16.5% has been witnessed correspondingly in the month of January 2017 over January 2016. A similar higher growth rate is also observed in the Domestic Tourist Visits (DTVs) during 2016, recording a marvelous growth rate of 15.5% over 2015.

The data for DTVs, every year, is compiled by Ministry of Tourism based on the inputs received from all States/UTs. While complete data for each calendar year from all States/ UTs is received in the Ministry of Tourism sometime around in the months of April- May of the succeeding year, Ministry of Tourism has come out at present with provisional figures for DTVs on the basis of whatever information/ data is made available thus far by the concerned States/UTs coupled with estimation undertaken by the Ministry of Tourism for the missing/ incomplete data segments. The estimation process basically entails the Methods of prevailing growth rates and proportionate contributions.

Following are the salient features of the provisional figures for DTVs to States/ UTs during the year 2016:

n++ During 2016, the number of DTVs to the States/ UTs was 1653 million (provisional) as compared to 1432 million in 2015 registering a growth of 15.5 %.

n++ The contribution of the top ten States/ UTs during 2016 stands at about 84.2% to the total number of Domestic Tourist Visits as against 83.62% recorded in 2015.

n++ The top ten States in terms of number of DTVs (in millions), during 2016, were Tamil Nadu (344.3), Uttar Pradesh (229.6), Madhya Pradesh (184.7), Andhra Pradesh (158.5), Karnataka (129.8), Maharashtra (115.4), West Bengal (74.5), Telangana (71.5), Gujarat (42.8) and Rajasthan (41.5).

n++ Tamil Nadu and Uttar Pradesh have maintained the first and second rank respectively in terms of DTVs in 2016.

n++ Madhya Pradesh has gained several ranks to reach the third position leaving Andhra Pradesh, Karnataka and Maharashtra at the succeeding fourth, fifth and sixth positions.

n++ West Bengal surpassed Telangana to attain the seventh position rendering Telangana at the eighth, followed by Gujarat and Rajasthan.

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Volumes jump at Zensar Technologies counter
Mar 02,2017

Zensar Technologies clocked volume of 2 lakh shares by 13:40 IST on BSE, a 159.10-times surge over two-week average daily volume of 1,000 shares. The stock was up 0.01% at Rs 917.

PVR notched up volume of 84,000 shares, a 19.67-fold surge over two-week average daily volume of 4,000 shares. The stock rose 0.23% at Rs 1,299.10.

8K Miles Software Services saw volume of 1.08 lakh shares, a 18.51-fold surge over two-week average daily volume of 6,000 shares. The stock surged 12.6% at Rs 653.25.

Neuland Laboratories clocked volume of 1.28 lakh shares, a 13.47-fold surge over two-week average daily volume of 9,000 shares. The stock jumped 9.41% at Rs 1,204.

Kopran saw volume of 12.82 lakh shares, a 9.30-fold rise over two-week average daily volume of 1.38 lakh shares. The stock was up 3.76% at Rs 70.40.

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TCS gains as promoters to participate in share buyback
Mar 02,2017

The announcement was made after market hours yesterday, 1 March 2017.

Meanwhile, the S&P BSE Sensex was up 83.57 points or 0.29% at 29,068.06.

On the BSE, 65,000 shares were traded on the counter so far as against the average daily volumes of 97,698 shares in the past one quarter. The stock had hit a high of Rs 2,503.25 and a low of Rs 2,479.10 so far during the day.

The stock had hit a 52-week high of Rs 2,740 on 16 August 2016 and a 52-week low of Rs 2,054.70 on 15 November 2016. It had outperformed the market over the past one month till 1 March 2017, advancing 14.32% compared with the Sensexs 3% rise. The scrip had also outperformed the market over the past one quarter, gaining 9.42% as against the Sensexs 9.13% rise.

The large-cap company has equity capital of Rs 197.04 crore. Face value per share is Rs 1.

TCS had last month announced that its board approved a buyback of up to 5.61 crore equity shares, aggregating up to 2.85% of the fully paid-up equity share capital of the company, at Rs 2,850 per equity share, for an aggregate amount not exceeding Rs 16000 crore, from the shareholders of the company, on a proportionate basis through a tender offer.

Total promoter holding in TCS stood at 73.33% end December 2016.

On a consolidated basis, TCS net profit rose 3.2% to Rs 6814 crore on 1.54% increase in net sales to Rs 29735 crore in Q3 December 2016 over Q2 September 2016.

TCS is an IT services, consulting and business solutions organization.

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Aurionpro Solutions secures project worth Rs 70.8 crore from Rajasthan Government
Mar 02,2017

Aurionpro Solutions has won a project from RajCOMP Info Services, a Government of Rajasthan undertaking, for supply, installation and FMS of Edge equipments under City Surveillance projects for seven cities (Ajmer, Bharatpur, Bikaner, Jodhpur, Jaipur, Kota and Udaipur) valued at Rs 70.8 crore (plus taxes). Aurionpro will also be responsible for managing the services for next five years.

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Balkrishna Industries surges 19.83% in eight sessions
Mar 02,2017

Meanwhile, the S&P BSE Sensex was up 87.27 points, or 0.3%, to 29,071.76.

More than usual volumes were witnessed on the counter. On the BSE, 23,174 shares were traded in the counter so far, compared with average daily volumes of 13,648 shares in the past one quarter. The stock had hit a high of Rs 1,398 in intraday trade, which is also a record high for the stock. The stock had hit a low of Rs 1,318.95 so far during the day.

The stock had hit a 52-week low of Rs 561.05 on 29 February 2016. It had outperformed the market over the past one month till 1 March 2017, gaining 13.97% compared with the Sensexs 3% rise. The scrip had also outperformed the market over the past one quarter, rising 10.04% as against the Sensexs 9.13% rise. The stock has returned 57.38% in six months and 127.21% in one year till 1 March 2017.

The large-cap company has equity capital of Rs 19.33 crore. Face value per share is Rs 2.

Shares of Balkrishna Industries surged 19.83% in eight sessions to its current ruling price of Rs 1,380.50, from a close of Rs 1,152 on 17 February 2017.

Balkrishna Industries net profit rose 94.2% to Rs 185.69 crore on 25.7% rise in net sales to Rs 864.69 crore in Q3 December 2016 over Q3 December 2015. The result was announced on 10 February 2017.

Balkrishna Industries is a leading manufacturer in the off-highway tire market. The company has focused on specialist segments such as agricultural, construction and industrial vehicles as well as earthmoving, port and mining, ATV, and gardening applications.

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Apcotex Industries intimates of withdrawal of strike by workmen union
Mar 02,2017

Apcotex Industries announced that the workmen union at Taloja Plant has withdrawn the strike and have resumed work with immediate effect.

The estimates loss of gross sale due to strike is about Rs 16 crore to Rs 18 crore for the month of February 2017.

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Bella Casa Fashion & Retail to hold EGM
Mar 02,2017

Bella Casa Fashion & Retail announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 28 March 2017 .

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Grasim Industries to hold EGM
Mar 02,2017

Grasim Industries announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 6 April 2017.

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Kellton Tech Solutions to hold board meeting
Mar 02,2017

Kellton Tech Solutions will hold a meeting of the Board of Directors of the Company on 7 March 2017, to consider and approve the Scheme of fast track merger between Kellton Tech Solutions Limited and its wholly owned subsidiary (Kellton Dbydx Software Private Limited).

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Quadrant Televentures to hold EGM
Mar 02,2017

Quadrant Televentures announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 29 March 2017.

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Kkalpana lndustries (India) to hold board meeting
Mar 02,2017

Kkalpana lndustries (India) will hold a meeting of the Board of Directors of the Company on 9 March 2017.

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Gillanders Arbuthnot & Company to hold board meeting
Mar 02,2017

Gillanders Arbuthnot & Company will hold a meeting of the Board of Directors of the Company on 9 March 2017, to consider and approve sale of its stake in Waldies Compound Limited (Formerly Barfani Builder Limited), an Indian Subsidiary of the Company.

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Board of Zydus Wellness recommends dividend
Mar 02,2017

Zydus Wellness announced that the Board of Directors of the Company at its meeting held on 1 March 2017, inter alia, have recommended the dividend of Rs 6.5 per equity Share (i.e. 65%) , subject to the approval of the shareholders.

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V-Guard Industries gains after fixing record date for issuing bonus shares
Mar 02,2017

The announcement was made after market hours yesterday, 1 March 2017.

Meanwhile, the S&P BSE Sensex was up 116.59 points, or 0.4%, to 29101.08.

On the BSE, 43,000 shares were traded on the counter so far as against the average daily volumes of 51,966 shares in the past one quarter. The stock had hit a high of Rs 237.25 and a low of Rs 230.25 so far during the day.

The stock had hit a record high of Rs 237.90 on 28 February 2017 and a 52-week low of Rs 79.10 on 1 March 2016. The stock had outperformed the market over the past one month till 1 March 2017, advancing 12.29% compared with the Sensexs 3% rise. The scrip had also outperformed the market over the past one quarter advancing 36.62% as against the Sensexs 9.13% rise.

The mid-cap company has equity capital of Rs 30.25 crore. Face value per share is Re 1.

V-Guard Industries announced that the company has fixed 16 March 2017 as the record date for the purpose of ascertaining the eligibility of shareholders for issuance of bonus shares in the ratio of 2:5 i.e, two bonus shares for every five held.

V-Guard Industries net profit rose 30.17% to Rs 27.96 on 10.38% increase in net sales to Rs 457.13 crore in Q3 December 2016 over Q3 December 2015.

V-Guard Industries makes consumer electrical and electronics products. The companys product range includes voltage stabilizer, digital UPS, inverter and inverter batteries, electric water heaters, solar water heaters, domestic pumps, agricultural pumps, industrial motors, domestic switch gears, distribution boards, wiring cables, industrial cables, induction cooktops, mixer grinders and fans.

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Sita Shree Food Products announces increase in FII/FPI investment limit
Mar 02,2017

Sita Shree Food Products announced that the Reserve Bank of India has on 01 March 2017 approved increase in FII/ FPI Investment limit under Portfolio Investment Scheme from 24% to 100%.

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