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Board of Anjani Synthetics to consider change in registered office
Dec 30,2016

Anjani Synthetics announced that the meeting of the Board of Directors of the Company will be held on 02 January 2017, inter alia in order the transact the following business:To Change the Address of the Registered Office of the Company from 4, NEW CLOTH MARKET, O/S. RAIPUR GATE, AHMEDABAD- 380002, GUJARAT, INDIA TO 221 MALIYA, NEW CLOTH MARKET, O/S. RAIPUR GATE, AHMEDABAD- 380002, GUJARAT, INDIA.

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Nihar Info Global announces appointment of company secretary & CFO
Dec 30,2016

Nihar Info Global has appointed Bhavika Sharma as Company Secretary and Compliance Officer and Ravulakollu Lavanya as Chief Financial Officer.

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Board of Tree House Education & Accessories approves change in directorate
Dec 30,2016

Tree House Education & Accessories announced that the Board of Directors of the company at its meeting held on 30 December 2016 has transacted the following -

Appointed Suraj Manghnani as Additional Director with effect from 30 December 2016.

Taken note of resignation of Chanakya Dhanda and Ram Kumar Gupta as Independent Directors of the company with effect from 15 December 2016 and 16 December 2016 respectively.

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8K Miles Software Services to consider December quarter results
Dec 30,2016

8K Miles Software Services announced that the meeting of the Board of Directors of the Company is scheduled to be held on 09 January 2017 inter-alia, to consider, approve and take on record the unaudited financial results for the quarter ended 31 December 2016.

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Housing Development & Infrastructure leads gainers in A group
Dec 30,2016

Housing Development & Infrastructure (HDIL) jumped 7.7% to Rs 60.15 at 13:11 IST. The stock topped the gainers in the BSEs A group. On the BSE, 17.07 lakh shares were traded on the counter so far as against the average daily volumes of 10.59 lakh shares in the past two weeks.

Kajaria Ceramics surged 7.03% at Rs 470.95. The stock was second biggest gainer in A group. On the BSE, 34,000 shares were traded on the counter so far as against the average daily volumes of 8,196 shares in the past two weeks.

Shree Cement advanced 6.48% to Rs 14,700.05. The stock was third biggest gainer in A group. On the BSE, 655 shares were traded on the counter so far as against the average daily volumes of 8,177 shares in the past two weeks.

Shree Renuka Sugars gained 5.73% at Rs 13.84. The stock was fourth biggest gainer in A group. On the BSE, 8.84 lakh shares were traded on the counter so far as against the average daily volumes of 3.18 lakh shares in the past two weeks.

Arvind rose 5.04% to Rs 351.10. The stock was fifth biggest gainer in A group. On the BSE, 2.74 lakh shares were traded on the counter so far as against the average daily volumes of 1.17 lakh shares in the past two weeks.

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Board of Rashtriya Chemicals & Fertilizers issues Commercial Paoer aggregating Rs 175 cr
Dec 30,2016

Rashtriya Chemicals & Fertilizers announced that in terms of the guidelines issued by the Reserve Bank of India, the Company has issued Commercial Paper for Rs.175 crore on 30 December 2016, in favour of State Bank of India, having maturity date as 30 March 2017.

Further, the Commercial Paper issued on 19 October 2016, for Rs.150 crore, has been redeemed on 30 December 2016.

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Rashtriya Chemicals & Fertilizers issues Commercial Paper aggregating Rs 175 cr
Dec 30,2016

Rashtriya Chemicals & Fertilizers announced that in terms of the guidelines issued by the Reserve Bank of India, the Company has issued Commercial Paper for Rs.175 crore on 30 December 2016, in favour of State Bank of India, having maturity date as 30 March 2017.

Further, the Commercial Paper issued on 19 October 2016, for Rs.150 crore, has been redeemed on 30 December 2016.

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Board of Kaushalya Infrastructure Development Corpn appoints director
Dec 30,2016

Kaushalya Infrastructure Development Corpn announced that a Board Meeting of Company held on 30 December 2016, have considered and approved the following businesses:

- Approved appointment of Asoke Das as a Non- Executive Additional Independent Director w.e.f. 30 December 2016.

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Cera Sanitaryware issues Commercial Paper aggregating Rs 30 cr
Dec 30,2016

Cera Sanitaryware has issued Commercial Paper of Rs. 30 crore value dated 30 December 2016 having maturity on 30 March 2017.

The said commercial paper is issued for the working capital requirements of the Company.

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Volumes jump at Aditya Birla Nuvo counter
Dec 30,2016

Aditya Birla Nuvo clocked volume of 59.27 lakh shares by 12:55 IST on BSE, a 535.28-times surge over two-week average daily volume of 11,000 shares. The stock rose 2.75% to Rs 1,276.75.

Gujarat Pipavav Port notched up volume of 20.39 lakh shares, a 72.38-fold surge over two-week average daily volume of 28,000 shares. The stock rose 1.59% to Rs 130.75.

Havells India saw volume of 24.03 lakh shares, a 34.52-fold surge over two-week average daily volume of 70,000 shares. The stock rose 3.25% to Rs 338.65.

Lux Industries clocked volume of 90,000 shares, a 11.81-fold surge over two-week average daily volume of 8,000 shares. The stock rose 1.66% to Rs 745.

Engineers India saw volume of 11.26 lakh shares, a 2.88-fold rise over two-week average daily volume of 3.91 lakh shares. The stock fell 9.47% to Rs 151.45.

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Board of Asian Oilfield Services approves preferential alloment of warrants
Dec 30,2016

Asian Oilfield Services announced that the Board of Directors of the company at its meeting held on 30 December 2016 has approved the allotment of 50 lakh warrants convertible into equity shares of the company at an issue price of Rs 80 per warrant including a premium of Rs 70 per warrant on preferential basis to promoter entity - Oilmax Energy.

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L&T Finance Holdings gains on report Harsh Mariwala buys shares
Dec 30,2016

Meanwhile, the BSE Sensex was up 231.43 points, or 0.88%, to 26,597.58.

On the BSE, so far 2.92 lakh shares were traded in the counter, compared with average daily volumes of 10.50 lakh shares in the past one quarter. The stock had hit a high of Rs 87.80 and a low of Rs 85.85 so far during the day.

The stock hit a record high of Rs 109.15 on 1 November 2016. The stock hit a 52-week low of Rs 48.30 on 12 February 2016. The stock had underperformed the market over the past 30 days till 29 December 2016, falling 5.09% compared with the 1.08% fall in the Sensex. The scrip had also underperformed the market in past one quarter, falling 7.37% as against Sensexs 5.38% decline.

The large-cap company has equity capital of Rs 1754.95 crore. Face value per share is Rs 10.

According to a report, Marico chairman Harsh Mariwala, an independent board member of L&T Finance, bought 46,000 shares in the company early this week from open market.

Mariwala was quoted by the media as saying that as a board member, he had to take the relevant approvals from the board before purchasing the shares in his individual capacity. He added that it was a confirmation of the fact that he believed in the L&T Finance story.

On a consolidated basis, L&T Finance Holdings net profit rose 15.16% at Rs 248.06 crore on 16.55% growth in total income to Rs 2141.57 crore in Q2 September 2016 over Q2 September 2015.

L&T Finance Holdings is a financial holding company offering a focused range of financial products and services across rural, housing and wholesale finance sectors, as well as mutual fund products and wealth management services.

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Veto Switchgears & Cables provides update on subsidiary - Veto Overseas F.Z.E.
Dec 30,2016

Veto Switchgears & Cables announced that Veto Overseas F.Z.E., Wholly owned subsidiary of the Company, has declared an interim dividend of Rs. 2 crore on 29 December 2016.

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Steel Strips Wheels bags export order for winter market in EU and Canada
Dec 30,2016

Steel Strips Wheels has bagged a repeat export order for supply of steel wheels for winter market in EU and Canada. The total value of the order would be more than USD 107000 for supplies in a period of four months. Orders comprise mix of 14, 17 and 18 steel wheels to be supplied from the Companys Chennai plant with shipments starting from next month.

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Shriram Transport Finance gains after raising funds
Dec 30,2016

The announcement was made after market hours yesterday, 29 December 2016.

Meanwhile, the S&P BSE Sensex was up 257.97 points or 0.98% at 26,624.12.

On the BSE, 34,000 shares were traded on the counter so far as against the average daily volumes of 1.07 lakh shares in the past one quarter. The stock had hit a high of Rs 863.35 and a low of Rs 839 so far during the day.

The stock had hit a record high of Rs 1,325 on 1 August 2016 and a 52-week low of Rs 736.50 on 21 January 2016. The stock had underperformed the market over the past one month till 29 December 2016, declining 8.43% compared with the Sensexs 0.11% fall. The scrip had also underperformed the market over the past one quarter declining 25.99% as against the Sensexs 5.25% fall.

The large-cap company has equity capital of Rs 226.88 crore. Face value per share is Rs 10.

Shriram Transport Finance Company said it has allotted unsecured redeemable rated listed non-convertible subordinated debt in the nature of debentures aggregating to Rs 75 crore yesterday, 29 December 2016 on private placement basis. The debentures have tenure of 10 years and carry coupon rate of 8.5% per annum.

Shriram Transport Finance Companys net profit rose 14.7% to Rs 387.65 crore on 11.8% growth in total income to Rs 2713.59 crore in Q2 September 2016 over Q2 September 2015.

Shriram Transport Finance Company is the largest asset financing non-banking financial company (NBFC). The company is a leader in organized financing of pre-owned trucks with strategic presence in 5-12 year old trucks.

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