Thursday 15 September 2016

Main 16 stocks in concentrate today: Reliance Communications, Tata Power, Ashok Leyland

MCX Tips - Dependence Communications Ltd: RComm has consented to an arrangement to consolidation its remote business with littler opponent Aircel Ltd. The new substance will consolidate R-Com's remote business and Aircel's operations in India.

Sun Pharmaceutical Industries Ltd: The pharma organization said its buyback offer of 75 lakh value shares will open on 22 September. The issue will close on 5 October.

Bayer, Monsanto: Bayer AG has won over US seeds firm Monsanto Co. with an enhanced takeover offer of around $66 billion, according to media reports.

MCX Tips
MCX Tips : Ways2Capital
SBI: The bank said it had raised $300 million (about Rs.2,000 crore) through the nation's first extra level 1 (AT1) bond advertising. The span of the Basel-III consistent bond was pruned from $500 million.

Goodbye Power: Tata Power on Wednesday reported that it has finished the obtaining of Welspun Renewables Energy and has selected Chetan Tolia as CEO of the recently purchased firm.

Ashok Leyland: The leading body of vehicle part firm Hinduja Foundries Ltd has given its gesture for amalgamating the organization with Ashok Leyland subject to administrative and shareholders endorsement of both the organizations.

BEML: BEML Ltd's standalone net misfortune enlarged to Rs 107.10 crore for the quarter finished June 30, 2016. The organization had posted a net misfortune from conventional exercises after expense of Rs 68.10 crore in the year-back period, the organization said in a BSE documenting.

Bullion Tips - ONGC: ONGC Videsh consented to an arrangement to bring stake up in Russia's Vanok oil field by 11% to 26 percent for about $930 million.

NBCC: NBCC (India) Ltd reported 16% expansion in merged net benefit to Rs.47.09 crore for the quarter finished June 30.

Gujarat NRE Coke Ltd: Gujarat NRE Coke Ltd's standalone net misfortune enlarged to Rs.108.80 crore for the quarter finished June 30, 2016. The organization had posted a net misfortune from normal exercises after assessment of Rs.60.66 crore in the year-prior period

IVRCL: IVRCL has posted lost Rs.151.85 crore for the main quarter finished June 30, 2016, as against lost Rs.189.65 crore for the comparing quarter a year ago on a standalone premise.

MMTC: MMTC reported a net loss of Rs.7.01 crore for the primary quarter finished June 30, 2016. The organization had brought about a net loss of Rs.30.55 crore amid the comparing quarter of 2015-16.

Monnet Ispat and Energy: The organization reported a standalone net loss of Rs.358.60 crore for the quarter finished June 30, 2016-17. The firm had timed a net benefit of Rs.473.91 crore in the April-June time of last money related year.

Ajanta Pharma: Ajanta Pharma's promoters have consented to merge their shareholding in the hands of seven relatives and one family-controlled promoter bunch substance keeping in mind the end goal to give better perceivability to the speculators.


Rolta India: The organization reported a united net benefit of Rs.23.1 crore for the quarter finished June 30 contrasted and Rs.32.70 crore reported in the year-prior period.

Author : Ways2Capital

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