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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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Gravita India defies gravity after starting production at Jamaica plant
Jul 21,2017

The announcement was made after market hours yesterday, 20 July 2017.

Meanwhile, the S&P BSE Sensex was up 128.92 points, or 0.4%, to 32,033.32. The S&P BSE Small-Cap index was up 49.56 points, or 0.31%, to 16,049.44.

On the BSE, 22,710 shares were traded on the counter so far as against the average daily volumes of 73,261 shares in the past one quarter. The stock had hit a high of Rs 87.45 and a low of Rs 84.30 so far during the day. The stock had hit a 52-week high of Rs 89.50 on 12 July 2017. The stock had hit a 52-week low of Rs 25 on 29 July 2016.

The stock had outperformed the market over the past one month till 20 July 2017, gaining 3.42% compared with Sensexs 1.94% rise. The scrip had also outperformed the market in past one quarter, gaining 37.04% as against Sensexs 8.44% rise. The scrip had, also outperformed the market in past one year, surging 208.33% as against Sensexs 14.29% rise.

The small-cap company has equity capital of Rs 13.70 crore. Face value per share is Rs 2.

Gravita India said that Gravita Jamaica, a step down subsidiary of the company, located in Jamaica, Central America has started recycling and commercial production of PET flakes (polyethylene Terephthalate) by installing an ultra-modern PET Hot Wash Line with an annual capacity of 4,000 metric tonnes per annum.

Gravita Group has made investments of Rs 6.5 crore for procuring and commissioning of this plant which is funded from the internal accruals of the company. The plant is expected to generate revenue of Rs 10 crore coupled with a gross margin of 37% in its initial year.

The installation of the plant is a step forward for the companys growth momentum and to further achieve its vision in the lead recycling industry.

Gravita India is engaged in the business of manufacturing of lead metal by recycling & smelting process.

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Board of RIL approves investment in technology incubator in Israel
Jul 21,2017

The Board of Directors of Reliance Industries at its meeting held on 20 July 2017 has approved to set up and invest in a technology incubator by the name of Jerusalem Innovation Incubator (JII), licensed by Israel Innovation Authority, Ministry of Economy, Israel under competitive bidding process.

The investment in JII shall be done in partnership with OurCloud, Motorola Solutions and Yissum. JII will be in the form of a limited liability partnership with the Company holding 20% interest.

JII shall invest in early stage start ups per year over the license period of 8 years. JIIs primary area of focus will include big date; analytics; artificial intelligence; fintech storage; internet of things; and computer vision - most of these domains align with out business and strategic interests.

The Company proposes to invest up to USD 25 million in JII and in frontier technology start-ups in tranches over a period of 8 years.

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Era Infra Engineering appoints CFO
Jul 21,2017

Era Infra Engineering announced that Kabi Mazumder has been appointed as Chief Financial Offer of the Company with effect from 20 July 2017.

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Kwality gets revision in rating outlook for various credit facilities
Jul 21,2017

Kwality has received revision in rating outlook from Brickwork Ratings as under -

Fund based long term - BWR A+ (Outlook Positive)
Non fund based short term - BWR A1
Non Convertible Debentures - BWR A+ (Outlook Positive)

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SQS India BFSI to conduct board meeting
Jul 21,2017

SQS India BFSI will hold a meeting of the Board of Directors of the Company on 27 July 2017.

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JSW Holdings to table results
Jul 21,2017

JSW Holdings will hold a meeting of the Board of Directors of the Company on 3 August 2017.

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eClerx Services to discuss results
Jul 21,2017

eClerx Services will hold a meeting of the Board of Directors of the Company on 11 August 2017.

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NG Industries to declare Quarterly Result
Jul 21,2017

NG Industries will hold a meeting of the Board of Directors of the Company on 11 August 2017.

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Sical Logistics to convene board meeting
Jul 21,2017

Sical Logistics will hold a meeting of the Board of Directors of the Company on 2 August 2017.

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Nitta Gelatin India to conduct board meeting
Jul 21,2017

Nitta Gelatin India will hold a meeting of the Board of Directors of the Company on 29 July 2017.

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Kilitch Drugs (India) to hold board meeting
Jul 21,2017

Kilitch Drugs (India) will hold a meeting of the Board of Directors of the Company on 25 July 2017.

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Pincon Spirit to announce Quarterly Result
Jul 21,2017

Pincon Spirit will hold a meeting of the Board of Directors of the Company on 31 July 2017.

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Deepak Fertilizers & Petrochem. Corp to table results
Jul 21,2017

Deepak Fertilizers & Petrochem. Corp will hold a meeting of the Board of Directors of the Company on 10 August 2017.

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Bhagyashree Leasing & Finance to declare Quarterly Result
Jul 21,2017

Bhagyashree Leasing & Finance will hold a meeting of the Board of Directors of the Company on 31 July 2017.

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Brady & Morris Engineering Company to discuss results
Jul 21,2017

Brady & Morris Engineering Company will hold a meeting of the Board of Directors of the Company on 4 August 2017.

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