Apr-20-2018   15:25 Hrs IST
Dynacons Systems gains on bagging order worth Rs 10.91 crore from NPCI
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Dynacons Systems & Solutions is currently trading at Rs. 42.20, up by 0.35 points or 0.84% from its previous closing of Rs. 41.85 on the BSE.

The scrip opened at Rs. 42.90 and has touched a high and low of Rs. 44.00 and Rs. 41.10 respectively. So far 1034 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 66.00 on 02-Jan-2018 and a 52 week low of Rs. 17.70 on 08-May-2017.

Last one week high and low of the scrip stood at Rs. 47.85 and Rs. 41.05 respectively. The current market cap of the company is Rs. 26.92 crore.

The promoters holding in the company stood at 36.37%, while the Non-Institutions held 63.63% stake in the company.

Dynacons Systems & Solutions has secured an order for an Enterprise Storage Solution worth Rs 10.91 crore from National Payments Corporation of India (NPCI).

The terms of the contract with NPCI include the supply, installation and commissioning of SAN Storage, host integration and integration with switch, replication setup & failover for Chennai & Hyderabad, the periodical firmware upgrade and SLA based support.

Dynacons Systems & Solutions is an IT company with global perspectives with its headquarters at Mumbai and branches all over India.

Apr-20-2018   15:10 Hrs IST
Fortis Healthcare trades higher on the bourses
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Fortis Healthcare (FHL) is currently trading at Rs. 149.60, up by 1.15 points or 0.77% from its previous closing of Rs. 148.45 on the BSE.

The scrip opened at Rs. 148.80 and has touched a high and low of Rs. 153.30 and Rs. 148.00 respectively. So far 763478 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 230.90 on 03-May-2017 and a 52 week low of Rs. 106.65 on 06-Feb-2018.

Last one week high and low of the scrip stood at Rs. 153.30 and Rs. 143.30 respectively. The current market cap of the company is Rs. 7780.16 crore.

The promoters holding in the company stood at 0.77%, while Institutions and Non-Institutions held 67.54% and 31.69% respectively.

Fortis Healthcare has received a non-binding expression of interest from KKR-backed Radiant Life Care. The company has offered to acquire at least 26% stake in Fortis Healthcare at Rs 126 per share.

FHL is an integrated healthcare delivery service provider in Asia. The healthcare verticals of the company span primary care, diagnostics, day care specialty and hospitals, with a healthcare network spanning 9 countries.


Apr-20-2018   14:46 Hrs IST
Gujarat State Fertilizers trades in green on the bourses
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Gujarat State Fertilizers & Chemicals is currently trading at Rs. 133.55, up by 2.40 points or 1.83% from its previous closing of Rs. 131.15 on the BSE.

The scrip opened at Rs. 131.00 and has touched a high and low of Rs. 134.20 and Rs. 129.75 respectively. So far 342361 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 166.30 on 16-Jan-2018 and a 52 week low of Rs. 112.80 on 28-Jun-2017.

Last one week high and low of the scrip stood at Rs. 134.20 and Rs. 125.60 respectively. The current market cap of the company is Rs. 5293.77 crore.

The promoters holding in the company stood at 37.84%, while Institutions and Non-Institutions held 33.15% and 29.00% respectively.

Gujarat State Fertilizers and Chemicals (GSFC) is planning to shut down its Fibre Unit situated at Kosamba, District Surat, mainly on account of non-viability of its products.

GSFC is engaged in the manufacturing of fertilizers and industrial products. The company has created more than 24 brands of fertilizers, petrochemicals, chemicals, industrial gases, plastics, fibers and other products.

Apr-20-2018   14:30 Hrs IST
Prakash Constrowell zooms on emerging lowest bidder for project worth Rs 585 crore
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Prakash Constrowell is currently trading at Rs. 8.06, up by 0.73 points or 9.96% from its previous closing of Rs. 7.33 on the BSE.

The scrip opened at Rs. 7.40 and has touched a high and low of Rs. 8.06 and Rs. 7.23 respectively. So far 728667 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 10.79 on 15-Jan-2018 and a 52 week low of Rs. 3.26 on 09-Aug-2017.

Last one week high and low of the scrip stood at Rs. 8.49 and Rs. 6.20 respectively. The current market cap of the company is Rs. 97.15 crore.

The promoters holding in the company stood at 27.42%, while the Non-Institutions held 72.58% stake in the company.

Prakash Constrowell has been declared L-1 (lowest) bidder by Municipal Corporation of Greater Mumbai (MCGM) for the new project Dumpsite Reclamation at Mulund Dumping Ground (MDG) in Mumbai by adopting suitable technology for existing garbage dump on April 18, 2018, with a project cost of Rs 585 crore.

Prakash Constrowell is a construction company predominantly engaged in the business of infrastructure development and civil construction.

Apr-20-2018   14:13 Hrs IST
Bharat Bijlee rises on commissioning state-of-the art facility for Magnet Technology Machines
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Bharat Bijlee is currently trading at Rs. 1627.15, up by 28.45 points or 1.78% from its previous closing of Rs. 1598.70 on the BSE.

The scrip opened at Rs. 1607.95 and has touched a high and low of Rs. 1648.55 and Rs. 1607.95 respectively. So far 643 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1760.00 on 01-Mar-2018 and a 52 week low of Rs. 965.00 on 31-May-2017.

Last one week high and low of the scrip stood at Rs. 1696.00 and Rs. 1590.00 respectively. The current market cap of the company is Rs. 919.59 crore.

The promoters holding in the company stood at 33.63%, while Institutions and Non-Institutions held 17.37% and 49.00% respectively.

Bharat Bijlee has commissioned a state-of-the art facility for its Magnet Technology Machines on April 18, 2018 at its Works situated at Airoli, Navi Mumbai, at a cost of around Rs 800 lakh.

This new facility will help the company increase its production and service capacity and look forward to a good business opportunity in this segment over the years to come.

Bharat Bijlee is a multi-product, multi-division company. BBL runs two business divisions i.e. Industrial Products- includes transformers, motors and drives; and Contracting i.e. Projects.


Apr-20-2018   13:51 Hrs IST
Tata Motors trades higher on the bourses
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Tata Motors is currently trading at Rs. 338.00, up by 3.15 points or 0.94% from its previous closing of Rs. 334.85 on the BSE.

The scrip opened at Rs. 336.00 and has touched a high and low of Rs. 343.00 and Rs. 335.00 respectively. So far 6,31,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 487.00 on 26-May-2017 and a 52 week low of Rs. 324.50 on 26-Mar-2018.

Last one week high and low of the scrip stood at Rs. 352.50 and Rs. 332.50 respectively. The current market cap of the company is Rs. 97,534.00 crore.

The promoters holding in the company stood at 36.37%, while Institutions and Non-Institutions held 37.92% and 10.57% respectively.

Tata Motors has unveiled a refreshed version of its sub one-tonne mini-truck Tata Ace, priced at Rs 3.75 lakh. Tata Ace Gold is the first variant of the first four-wheel mini truck, popularly known as ‘chhota hathi’, since its launch in May 2005.

The latest variant of the power-packed mini-truck will be available for sale across Tata Motors authorized dealerships. The company is also offering a bundle of value added services to the Ace Gold customers, which include a round-the-clock breakdown assistance program, a loyalty program with free insurance, redemption of loyalty points and a time-bound repair commitment, among others.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.

Apr-20-2018   12:53 Hrs IST
NACL Industries gains on entering into Strategic Alliance Agreement with BioWorks
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NACL Industries is currently trading at Rs. 43.90, up by 0.15 points or 0.34% from its previous closing of Rs. 43.75 on the BSE.

The scrip opened at Rs. 43.70 and has touched a high and low of Rs. 44.60 and Rs. 43.60 respectively. So far 4629 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 68.85 on 08-Jan-2018 and a 52 week low of Rs. 25.70 on 22-May-2017.

Last one week high and low of the scrip stood at Rs. 45.60 and Rs. 42.00 respectively. The current market cap of the company is Rs. 690.88 crore.

The promoters holding in the company stood at 74.62%, while Institutions and Non-Institutions held 2.04% and 23.34% respectively.

NACL Industries has entered into a Strategic Alliance Agreement with BioWorks, one of the leading player in USA in Agricultural Bio-Products space.

BioWorks focuses on developing green, environment friendly solutions for pest management and nutritional requirements of various crops in Agriculture, Horticulture, Turf & ornamentals and Home gardens. BioWorks is marketing a range of Bio-Products mainly in USA, Canada.

BioWorks has entered into a long term strategic alliance with the company inter-alia providing rights to NACL to exclusively market various BioWorks products in India and other countries in South Asia.

NACL Industries produces a comprehensive range of pesticide Technicals and Formulations.

Apr-20-2018   12:43 Hrs IST
ISGEC Heavy Engineering rises on the bourses
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ISGEC Heavy Engineering is currently trading at Rs. 6767.95, up by 15.30 points or 0.23% from its previous closing of Rs. 6752.65 on the BSE.

The scrip opened at Rs. 6799.80 and has touched a high and low of Rs. 6800.00 and Rs. 6670.00 respectively. So far 441 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 8400.00 on 15-Jan-2018 and a 52 week low of Rs. 5718.00 on 16-Aug-2017.

Last one week high and low of the scrip stood at Rs. 6860.00 and Rs. 6675.00 respectively. The current market cap of the company is Rs. 4963.24 crore.

The promoters holding in the company stood at 62.27%, while Institutions and Non-Institutions held 8.93% and 28.80% respectively.

Credit rating agency, CRISIL has assigned ratings to ISGEC Heavy Engineering’s wholly owned subsidiary and Joint Venture Titan Metal Fabricators’ Rs 40 crore limit of Line of Credit.

The rating agency has assigned rating ‘AA (SO)/Stable’ to the company’s Cash Credit and Working Capital Demand Loan worth Rs 5 crore and rating of ‘A1+ (SO)’ for the Letter of credit and Bank Guarantee of Rs 25 crore. The rating agency has also assigned ‘A2’ rating to the company’s proposed Non Fund Based Limit worth 10 crore.

ISGEC Heavy Engineering is engaged in the manufacturing of machinery parts and equipment. Its products include heat exchangers, reactors, columns, plate and tabular construction type fume hoods, galvanising baths, tubes, panels, superheater and economiser elements, industrial machinery equipment for steel plants.

Apr-20-2018   12:36 Hrs IST
INOX Leisure strengthens on the bourses
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Inox Leisure is currently trading at Rs. 267.60, up by 1.30 points or 0.49% from its previous closing of Rs. 266.30 on the BSE.

The scrip opened at Rs. 265.05 and has touched a high and low of Rs. 270.25 and Rs. 265.05 respectively. So far 2987 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 326.00 on 08-Feb-2018 and a 52 week low of Rs. 213.30 on 25-Sep-2017.

Last one week high and low of the scrip stood at Rs. 274.10 and Rs. 255.30 respectively. The current market cap of the company is Rs. 2586.03 crore.

The promoters holding in the company stood at 48.70%, while Institutions and Non-Institutions held 35.54% and 15.77% respectively.

INOX Leisure and IMAX Corporation have signed an agreement for five new IMAX theatres. The theatres will be added to new complexes, with two located in the city of Delhi and one theatre each located in the cities of Mumbai, Navi Mumbai and Gurugram.

This deal brings IMAX's total number of contracted theatres in India to 40, with 15 currently open and 25 contracted to open.

INOX Leisure is amongst India's largest multiplex chains with 123 multiplexes and 492 screens in 61 cities.

Apr-20-2018   12:12 Hrs IST
TCS shines on reporting 4% rise in Q4 consolidated net profit
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Tata Consultancy Services is currently trading at Rs. 3378.80, up by 188.15 points or 5.90% from its previous closing of Rs. 3190.65 on the BSE.

The scrip opened at Rs. 3250.20 and has touched a high and low of Rs. 3399.90 and Rs. 3245.00 respectively. So far 599971 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3,399.90 on 20-Apr-2018 and a 52 week low of Rs. 2265.30 on 28-Apr-2017.

Last one week high and low of the scrip stood at Rs. 3,399.90 and Rs. 3108.05 respectively. The current market cap of the company is Rs. 646646.35 crore.

The promoters holding in the company stood at 73.57%, while Institutions and Non-Institutions held 22.38% and 4.05% respectively.

Tata Consultancy Services (TCS) has reported a rise of 15.82% in its net profit at Rs 6,756 crore for the quarter ended March 31, 2018 as compared to Rs 5,833 crore for the same quarter in the previous year. Total income of the company increased by 10.83% at Rs 27,109 crore for quarter under review as compared to Rs 24,460 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a rise of 4.48% in its net profit at Rs 6,904 crore for the quarter ended March 31, 2018 as compared to Rs 6,608 crore for the corresponding quarter in the FY17. Total income of the company increased by 7.93% at Rs 33,069 crore for quarter under review as compared to Rs 30,639 crore for the same quarter ended previous year. 

For the year ended March 31, 2018, the company has posted a rise of 6.71% in its net profit at Rs 25,241 crore as compared to Rs 23,653 crore for the same period in the previous year. Total income of company increased by 6.06% at Rs 1,03,159 crore for year under review as compared to Rs 97,261 crore for the period ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted a fall of 1.76% in its net profit at Rs 25,826 crore as compared to Rs 26,289 crore for the same period in the previous year. However, total income of company increased by 3.73% at Rs 1,26,746 crore for year under review as compared to Rs 1,22,187 crore for the period ended March 31, 2017.

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