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Discussion in 'Must-Read Interviews, Articles & News Items' started by RAMA MURTHY SASTRY CHALLA, Oct 27, 2015.

  1. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Sagar Cements reports 6% fall in December production

    The company’s consolidated Cement sales for December 2016 stood at 154196 MT, as compared to 154757 MT sold in December 2015

    Sagar Cements has reported the cement production and sales figures for December 2016. The company’s consolidated Cement production for December 2016 stood at 151965 million tonnes (MT), down by 5.60% compared to 160988 MT produced in December 2015. Moreover, the company’s consolidated Cement sales for December 2016 stood at 154196 MT, down by just 0.36% compared to 154757 MT sold in December 2015.

    Sagar Cements is one of the most modern mini cement plants in the state of Andhra Pradesh. The plant is based on Dry Process Rotary Kiln Technology that is used in ‘Standard Quality' cement companies.
    source: ventura
     
  2. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Suzlon secures 105 MW order from Axis Energy Group

    Suzlon will be responsible for operation and maintenance services with dedicated Life cycle asset management services for an initial period of 10 years

    Suzlon Group, one of the leading global renewable energy solutions providers in the world, has received an order of 105 MW wind power project from Hyderabad based Axis Energy Group. Axis Energy Ventures India is the flag ship company of the Axis Energy Group and the project is being undertaken by a Special Purpose Vehicle - Axis Wind Farms (Anantapur). The project consists of 50 units of S111 90m tubular tower with rated capacity of 2.1 MW. Located in Anantapur district of Andhra Pradesh, the project is scheduled for completion in two phases, first phase will be completed in March 2017 and the second phase will be completed in June 2017.

    Suzlon has entered into an exclusive Supply and Installation Agreement (SIA). Suzlon will also be responsible for operation and maintenance services with dedicated Life cycle asset management services for an initial period of 10 years. The project has the potential to provide power to over 50,000 households and reduce 0.22 million tonnes of C02 emissions per annum.
    source: ventura
     
  3. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    On 12.01.17, Oil India will go ex bonus (Bonus Ratio 1:3)
     
  4. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    On 10.01.17, Stampede Ind will go ex bonus (Bonus Ratio 1:4)
     
  5. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Hindustan Zinc receives EC for Rs 1,200 crore Zawar Mines expansion project

    The company wants to expand the production capacity of Lead-Zinc and ore beneficiation at its Zawar Group of underground mines located in Sarada district

    Hindustan Zinc, one of the subsidiaries of Anil Agarwal-promoted Vedanta group, has received Environment Clearance (EC) for its Rs 1,200 crore Zawar Mines expansion project in state of Rajasthan. The company wants to expand the production capacity of Lead-Zinc and ore beneficiation at its Zawar Group of underground mines located in Sarada district.

    The green nod to the company for the project was given on January 5 subject to certain conditions. The production capacity of both Lead-Zinc and Ore beneficiation will be increased from 1.5 million tonnes per annum (MTPA) to 4 MTPA. The Zawar group of mines in Rajasthan, the oldest Lead-Zinc mines in the country, is spread over an area of 3,620 hectare and had reserves of 13.71 million tonnes and resource of 73.67 million tonnes as on April 1, 2015.

    Hindustan Zinc, the world’s second biggest zinc producer, operates the world’s third largest open-pit mine, and world’s largest Zinc Mine in Rampura Agucha, Rajasthan. It has other mines in Sindesar Khurd, Rajpura Dariba, Kayar and Zawar, all in Rajasthan. Cairn India’s Mangala field in Rajasthan is the largest onshore oil discovery in India in more than 20 years.
    source: ventura
     
  6. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Kitex Garments to invest $1 million in Kitex USA LLC

    The board of directors at its meeting held on January 09, 2017 has approved for the same

    Kitex Garments has received an approval for further investment of up to $1 million in the capital of Kitex USA LLC during the 4th Quarter of 2016-17. The board of directors at its meeting held on January 09, 2017 has approved for the same. The board also approved availing an additional Term Loan of Rs 17 crore under A-TUFS with tenure of 5 years.

    Kitex Garments is a apparel manufacturing company. It offers product such as shirts, polar fleece, T-shirts, kids wear, night wear, nylon jackets and shorts.
    source: ventura
     
  7. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Today (10.01.17) foll cos. will declare Q3 results : IndusInd Bank
     
  8. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Engineers India bags orders worth Rs 2,500 crore from HPCL

    The order is for execution of Vizag Refinery Modernization Project which shall be executed under two separate contracts

    Engineers India has bagged orders from HPCL for execution of VRMP. Hindustan Petroleum Corporation (HPCL) has entrusted the project for execution of Vizag Refinery Modernization Project (VRMP) to Engineers India (EIL).

    EIL shall execute this project contract under two separate contracts, namely PMC Services for major Process Units and packages under U&O and Execution of U&O and PRU Revamp on Open Book Estimate (OBE) Basis. The total awarded order value is more than Rs 2,500 crore with a total project schedule of 43 months for Mechanical Completion.

    Engineers India is a total solutions consultancy company and EPC contractor in petroleum refining, petrochemicals, pipelines, oil and gas terminals and storages, fertilizers, mining & metallurgy and infrastructure projects. The company is also diversifying into water and waste management and has made inroads into nuclear, solar and thermal power sectors.
    source: ventura
     
  9. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Today (11.01.17) foll cos. will declare Q3 results :
    Broadcast Initiatives, South India Bank
    source: ventura
     
  10. Newbie

    Newbie New Member

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    Rama Sir, need your valuable advice on Pincon Spirit Ltd. Company has grown at a rapid pace in the last five years. It looks like a good buy at Rs. 70 level now. Do you track this one Sir ?
     
  11. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Price between Rs. 50-55 is better , but it is a health damage sector so
    slowly state governments policies are also negativity is another major threaten
    for this stock , but high risk apatite investors may try this stock...
     
  12. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    South Indian Bank reports 10% rise in Q3 net profit

    Total income of the Bank increased by 11.31% at Rs 1737.47 crore for Q3FY17

    South Indian Bank has reported results for third quarter ended December 31, 2016.

    The Bank has reported 9.59% rise in its net profit at Rs 111.38 crore for the quarter under review as compared to Rs 101.63 crore for the same quarter in the previous year. Total income of the Bank increased by 11.31% at Rs 1737.47 crore for Q3FY17 as compared Rs 1560.98 crore for the corresponding quarter previous year.

    The Bank’s gross NPA for the October-December quarter of the current fiscal increased to 3.98%, as compared to 2.75% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 2.52% in Q3FY17.
    source: ventura
     
  13. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Bharat Financial assigns receivables worth Rs 271.73 crore to one of PSU bank

    This may be one of the largest assignment transactions in the microfinance industry post demonetization

    Bharat Financial Inclusion (formerly known as SKS Microfinance) has assigned a pool of receivables of an aggregate value of Rs 271.73 crore on January 11, 2017, to one of the largest public sector banks (PSUs) on direct assignment basis as per the guidelines prescribed by the Reserve Bank of India. This may be one of the largest assignment transactions in the microfinance industry post demonetization.

    Bharat Financial Inclusion (formerly known as SKS Microfinance) is a non-banking finance company (NBFC), regulated by the Reserve Bank of India. The company's mission is to provide financial services to the poor under the premise that providing financial services to poor borrowers helps to alleviate poverty.
    source: ventura
     
  14. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    APL Apollo Tubes receives patents for two new product designs

    This is in addition to the four Hollow Section design patents received last month

    APL Apollo Tubes, India’s leading branded steel tubes manufacturer in the Building Materials space, has recently received patents from the Indian Patent Office for two new product designs. This is in addition to the four Hollow Section design patents received last month. The company now holds 8 design patents in total.

    The patents cover the shapes and configuration of ‘window frame’ and ‘metal tube’ products. The cutting-edge designs will hold a patent for a period of 10 years, with a facility to further extend it for an additional period of 5 years.

    APL Apollo Tubes is a leading manufacturer and exporter of Steel Pipes & Tubes, Aluminised Steel Tubes, Black Steel Tubes, Hot Dipped & Pre Galvanised Steel Tubes, Fence Tubes and Structural Steel.
    source: ventura
     
  15. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Welspun India inks MoU to invest Rs 4,000 crore in 3 textile projects in Gujarat

    It will invest Rs 2,000 crore in setting up an integrated textile manufacturing zone

    Welspun India has inked Memorandum of Understanding (MoU) with Gujarat state government at the ongoing Vibrant Gujarat Summit 2017. The company has inked MoU to invest Rs 4,000 crore for textile projects in Gujarat.

    The group, which has presence in home textiles, line pipes and infrastructure, will invest Rs 2,000 crore in setting up an integrated textile manufacturing zone. It will invest Rs 1,000 crore on capacity enhancement of its technical textile business, while a similar amount has been earmarked for its advanced textile arm that makes specialized materials for aerospace, defence and automobiles.

    Welspun India is one of the largest manufacturers and exporters of bed & bath textile products globally. The company’s portfolio comprises wide range of home textile products such as terry towels, bed linen (basic bedding and decorative bedding) rugs and bathrobes.
    source: ventura
     
  16. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    NTPC gets investment approval for Dulanga Coal Mining Project

    The project having rated production capacity of 7 MTPA will entail an appraised estimated cost of Rs 1,053.41 crore

    NTPC has received an investment approval for Dulanga Coal Mining Project having rated production capacity of 7 MTPA at an appraised estimated cost of Rs 1,053.41 crore. The board of directors at its meeting has approved for the same.

    The company’s total installed capacity has increased to 48,028 MW following the commissioning of 800 MW unit at Kudgi Super Thermal Power Station in Karnataka. The company has 19 coal-based, 7 gas-based, 9 solar Image result for Photovoltaic (PV), one hydro and 9 subsidiaries/joint venture power stations.

    NTPC is an Indian central Public Sector Undertaking (PSU) under the Ministry of Power, Government of India, engaged in the business of generation of electricity and allied activities.
    source: ventura
     
  17. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Today (12.01.17) foll cos. will declare Q3 results :
    Bajaj Corp, Cyient, Rel Ind Infra, TCS, Zee Learn
     
  18. Newbie

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    Thank you Rama Sir.
     
  19. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    KCP Sugar & Industries sells 7,43,018 quintals of sugar in December 2016

    The company has also sold 1,493.54 tonnes and 15.125 tonnes of Bio-compost and Calcium Lactate, respectively

    KCP Sugar & Industries Corporation has sold 7,43,018 quintals of sugar in December 2016, while the company has sold 3,943.52 tonnes of Molasses in the same month. The company has also sold 1,493.54 tonnes and 15.125 tonnes of Bio-compost and Calcium Lactate, respectively. Besides, the company has sold 4,20,000 Bulk Litres and 10,000 Bulk Litres of Ethanol and Industrial alcohol in December 2016, respectively. It sold 247.50 quintals of Bio-Fertilzer and 1.865 tonnes of Mycorrhiza in the same month.

    KCP Sugar & Industries Corporation is engaged in business of manufacturing and marketing of Sugar and Bio-products. The company’s manufacturing facilities are located at Vuyyuru and Lakshmipuram.
    source: ventura
     
  20. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Today (16.01.17) foll cos. will declare Q3 results :
    DHFL, Geometric, HIL, LIC Housing, Jay Bharat Maruti, Reliance Ind

    source : ventura
     
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