Sensex

Thursday, August 12, 2010

Bajaj Hind Sugar - Equity Shareholders to approves Scheme of Amalgamatio
Bajaj Hindusthan Sugar & Industries Ltd has informed BSE that, by an Order made on the July 23, 2010, the High Court of Judicature at Bombay has directed that a meeting of the Equity Shareholders of the Company will be held on September 07, 2010, for the purpose of considering and, if thought fit, approving with or without modification(s), the Scheme of Amalgamation of Bajaj Hindusthan Sugar and Industries Limited with Bajaj ...

Grauer &  Weil - Board to consider Dividend 
Grauer & Weil India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 18, 2010 inter alia, to discuss and transact the following businesses:
1. To consider, approve and take on record the Audited Financial Results of the Company for the Financial Year ended March 31, 2010. ...

Hindustan Oil - Board declares Interim Dividend
Hindustan Oil Exploration Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2010, inter alia, has declared an interim dividend at the rate of 5% (Rs. 0.50/- per equity share of Rs. 10/- each) for the financial year 2010-11.

source:bseindia.com
Mayur Uniquoter - Board declares First Interim Dividend 
Mayur Uniquoters Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2010, inter alia, has declared First Interim Dividend of Rs. 1.50 (i.e. 15%) per Equity Share of Rs. 10/- each of the Company.

Anjani Portland - Board recommends Dividend
Anjani Portland Cement Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2010, inter alia, has recommended the payment of Equity Dividend of 10% on face value of Rs. 10/- per share, i.e., Re. 1.00 per equity share for the year ended March 31, 2010 subject to the approval by the Members in the ensuing Annual General Meeting.

Atlas Cycle - Board to consider Dividend 
Atlas Cycles (Haryana) Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 20, 2010, to consider, approve and sign the Accounts of the Company for the year ended March 31, 2010 and to recommend payment of dividend on equity shares of the Company for the year ended on the March 31, 2010.

Sunteck Realty - Board recommends Final Dividend 
Sunteck Realty Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2010, inter alia, has transacted the following business:
1. Recommended the final dividend at the rate of 6% (Rs. 0.12 per Share) for the year ended March 31, 2010. ...

PTC India - Board recommends Dividend
PTC India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2010, inter alia, has recommended 12% dividend to the Shareholders i.e. Re. 1.20 per equity share.

Core Projects - Board recommends Dividend
Core Projects & Technologies Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2010, inter alia, has recommended payment of dividend @ 30% i.e. Re. 0.60 per equity share of Rs. 2 each for the financial year 2009-10.

Greaves Cotton - Board recommends Final Dividend, Special Dividend & approves Stock Split 
Greaves Cotton Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 12, 2010, inter alia, has transacted the following:
1. The Directors have recommended a Final Dividend of Rs. 3/- per share, which makes a total dividend for the year to Rs. 7.50 per share, ...

Zodiac Cloth - Fixes Record Date for Bonus Issue 
Zodiac Clothing Company Ltd has informed BSE that August 24, 2010 has been fixed as the Record Date for the purpose of issue of Bonus shares in the Ratio of 1(one) equity share for every existing 2(two) equity shares of the Company.

Indsil Hydro - Board to consider Dividend & Bonus Issue
Indsil Hydro Power and Manganese Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 23, 2010, inter alia, to consider the following:-
1. Audited Financial results of the Company for the entire Financial Year ended June 30, 2010. ...

Amarjothi Spin - Board recommends Dividend 
Amarjothi Spinning Mills Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 09, 2010, has proposed a Dividend of 18% subject to the approval of the Shareholders in the AGM.

India Infoline Research Company Report: South Indian Bank – BUY

Company Report: South Indian Bank – BUY

CMP Rs194, Target Rs229, Upside 18.1%

 

±      SIB is set to sail faster post a successful transformation

±      28% NII CAGR over FY10-12; adequately capitalized for growth 

±      Asset quality to remain stable; RoE to improve

±      Superior fundamentals but valuation at discount to peers

 

 

 http://content.indiainfoline.com/wc/research/researchreports/SIB_110810.pdf