Sensex

Monday, February 07, 2011

Religare Mutual Fund - Religare Gold Exchange Traded Fund: Declaration of NAV

Religare Mutual Fund - Religare Gold Exchange Traded Fund has informed BSE regarding Net Asset Value (NAV) of Religare FMPs & ETFs.Read More

Setco Automotive Ltd: Financial Results for Dec 31, 2010

Setco Automotive Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

State Bank of India: Appointment of Chief Financial Officer

State Bank of India has informed BSE that Shri H. G. Contractor, Dy. Managing Director, has taken over as the new Chief Financial Officer of the Bank in place of Shri S. S. Ranjan.

Addi Industries Ltd: Financial Results for Dec 31, 2010

Addi Industries Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

Fiem Industries Ltd: Outcome of Board Meeting

Fiem Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 07, 2011, decided to seek the approval of the shareholders of the Company through Postal Ballot for following Resolutions:

1. Special Resolution under section 17 of the Companies Act, 1956 for Alteration in the Object Clause of the Memorandum of Association.

2. Special Resolution for Re-appointment of Mrs. Seema Jain as Whole-time Director of the Company w.e.f. April 01, 2011 for a period of three years.

3. Special Resolution for Re-appointment of Ms. Aanchal Jain as Whole time Director of the Company w.e.f. April 01, 2011 for a period of three years.

Jyoti Structures Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

Jyoti Structures Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE

Date of Reporting : February 05, 2011
Name of the Company : Jyoti Structures Ltd
Total no of outstanding shares of the Company : 8,20,89,940

Name of the Entity : Falcon Realtors & Developers Pvt Ltd

Details of Transaction
Date of Transaction : February 03, 2011
Number of Shares Pledged : 1,60,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 7,09,000
Total No of shares pledged : 3,30,000
% of total shares pledged to total no of shares held by the entity in the Company : 46.54%
% of shares pledged to total no of outstanding shares of the Company : 0.40%Read More

Mohit Industries Ltd: Board Meeting on Feb 10, 2011

Mohit Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 10, 2011, inter alia, to transact the following business:

1. To review proposed new project viz., in the Textiles for another 100 waterjet Looms worth Rs. 25 Crore and in ACC Blocks for another similar projects worth Rs. 45 Crore.

2. To review existing operation.

Andhra Bank: Revision in Rating

Andhra Bank has informed BSE that M/s.CRISIL, during their review of ratings of the Upper Tier-II Bonds (Series A and B) and Innovative Perpetual Debt Bonds issued by the Bank, vide their letters dated January 20, 2011, have upgraded the rating by one NOTCH, viz., from 'AA / Stable' to 'AA+ / Stable (pronounced 'Double A plus with stable outlook') and that the revised rating indicates high degree of safety with regard to timely payment of interest and principal on the instruments.

Kreon Finnancial Services Ltd: Updates on Outcome of Board Meeting

Kreon Finnancial Services Ltd has informed BSE that pursuant to the approval by the members of the Company in the Annual General Meeting held on September 30, 2010, the Company have received 25% up front money from the following subscribers to the preferential warrant of the Company. The Board of Directors at its meeting held on January 31, 2011 approved the following allotment of preferential warrants bearing face value of Rs. 10 each @ Rs. 15/- each and allotted warrants to the following entities with an option of each warrant being eligible to be converted into on equity shares of Rs. 10/- each subject to exercise of such option by the warrant holders after the payment of due amount within a stipulated period of 18 months and complying with all regulation of the issue.

1. Name: Tatia Global Ventures Ltd.
- No. of Equity Warrant (Rs. 10 each): 2950000

2. Name: Subh Labh Infra Developers Pvt. Ltd
- No. of Equity Warrant (Rs. 10 each): 2094500

3. Name: Arul Projects And Services Pvt. Ltd
- No. of Equity Warrant (Rs. 10 each): 500000

Jubilant FoodWorks Ltd: Results Press Release

Jubilant FoodWorks Ltd has informed BSE regarding a Press Release dated February 07, 2011 titled "Q3 FY2011 : Total Income at Rs.1,857.1 million, up by 58.2%, EBITDA at Rs.322.5 million, up by 63.6%, Net Profit after tax at Rs. 189.6 million, up by 66.7%; 9M FY2011 : Total Income at Rs.4,846.4 million, up by 61.5%, EBITDA at Rs.871.2 million, up by 84.8%, Net Profit after tax at Rs. 526.7 million, up by 133.4%"Read More

Nelcast Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

Nelcast Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More

EIH Associated Hotels Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997

EIH Associated Hotels Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More

Mini Diamonds India Ltd: Outcome of Board Meeting

Mini Diamonds India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 07, 2011, inter alia, has approved the resignation of Mr. Mahadev P. Desai.

Kapil Cotex Ltd: Board Meeting on Feb 10, 2011

Kapil Cotex Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on February 10, 2011, to consider the following decision.

1. To consider un-audited result for the quarter ended December 31, 2010 and

2. To consider issue of Equity Share on a preferential basis at a price to be determined in accordance with the guidelines for preferential issue as contained in SEBI (ICDR) Regulations, 2009 to interested parties.

Arshiya International Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

Arshiya International Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More

Radha Madhav Corporation Ltd: Financial Results for Dec 31, 2010

Radha Madhav Corporation Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

Kitex Garments Ltd: Financial Results for Dec 31, 2010

Kitex Garments Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

Sobha Developers Ltd: Clarification on investment in the Aviation Sector

Sobha Developers Ltd has informed BSE that the Company during the previous quarter held discussions to engage in the business of a Non Scheduled Operator in terms of the Director General of Civil Aviation Regulations on a consortium basis.

The Company has explored the feasibility of the proposed project and it is concluded not to proceed with this investment. All the necessary steps are being initiated in this regard.

Usher Agro Ltd: Disclosures under Reg. 7(1) of SEBI (SAST) Regulations, 1997

AIWO Ltd has submitted the disclosure under Regulation 7(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More

Haryana Financial Corporation Ltd: Outcome of AGM

Haryana Financial Corporation Ltd has informed BSE that the 43rd Annual General Meeting (AGM) of the Company was held on January 19, 2011.Read More

HCL Technologies Ltd: ESOP Allotment

HCL Technologies Ltd has informed BSE that the Employees Stock Option Allotment Committee of the Company has on February 03, 2011 allotted 2,59,032 Equity Shares of Rs. 2/- each, under the 1999, 2000 and 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up share capital of the Company has gone upto 684,813,240 equity shares of Rs. 2/- each aggregating to Rs. 136,96,26,480/-.

Idea Cellular Ltd: EGM on Mar 04, 2011

Idea Cellular Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on March 04, 2011, inter alia, to accord approval of the members of the Company for increasing the maximum number of directors fixed by Article 127 (a) of the Articles of Association of the Company from Twelve to Sixteen, subject to necessary provisions and approvals.Read More

Patel Engineering Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

Patel Engineering Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More

Arshiya International Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

Arshiya International Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More

Chennai Petroleum Corporation Ltd: Change in Directorate

Chennai Petroleum Corporation Ltd has informed BSE that Mr. B. M. Bansal, Chairman, Indian Oil Corporation Ltd. ceased to be a Director on the Board of CPCL effective January 31, 2011 consequent to his superannuation from the services of Indian Oil Corporation Ltd.

Bharati Shipyard Ltd: Financial Results for Dec 31, 2010

Bharati Shipyard Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

MIC Electronics Ltd: Results Press Release

MIC Electronics Ltd has informed BSE regarding a Press Release dated February 07, 2011, titled "MIC Electronics Ltd Q2 revenue at Rs. 81.56 cr"Read More

T & I Global Ltd: Financial Results for Dec 31, 2010

T & I Global Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

MVL Ltd: Outcome of Board Meeting

MVL Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on February 04, 2011,
has decided to raise the funds for its diversification plan to the tune of US$ 100 million through issuance of FCCBs/ADRs/GDRs. The approval for issuance of FCCBs/ADRs/GDRs shall be taken from the shareholders through postal ballot.

Syncom Healthcare Ltd: Set up a Subsidiary Unit of the Company in RAK Free Trade Zone, Dubai

Syncom Healthcare Ltd has informed BSE that the Company is proposing to set up a subsidiary unit in RAK Free Trade Zone, Dubai as a free zone establishment for the purpose of trading of the pharmaceutical products and other commodities.

For this, Company is proposing to have a flexi office for the time being and then to move for a standard office with the increase in the trading activities.

Liberty Shoes Ltd: Financial Results for Dec 31, 2010

Liberty Shoes Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

Zylog Systems Ltd: Financial Results for Dec 31, 2010

Zylog Systems Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

EIH Associated Hotels Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

EIH Associated Hotels Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More

Moser Baer India Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

Moser Baer India Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE

Date of Reporting : February 07, 2011
Name of the Company : Moser Baer India Ltd
Total no of outstanding shares of the Company : 168,306,104

Name of the Entity: Mr. Ratul Puri

Details of Transaction
Date of Transaction : February 02, 2011
Number of Shares Released : 3379626

Aggregate details after the transaction
Total no of shares held by the entity in the company: 16,143,753
Total No of shares pledged : Nil
% of total shares pledged to total no of shares held by the entity in the Company : 0.00%
% of shares pledged to total no of outstanding shares of the Company : 0.00%Read More

Jyoti Structures Ltd: Published Notice of Rights Issue

Jyoti Structures Ltd has submitted to BSE a copy of Notice "Rights Issue Closes Today" published in news papers on February 07, 2011 in respect of the issue of Non-Convertible Debentures (NCDs) with detachable warrants on rights basis.Read More

Gujarat Apollo Industries Ltd: Financial Results for Dec 31, 2010

Gujarat Apollo Industries Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

Rajshree Sugars & Chemicals Ltd: Financial Results for Dec 31, 2010

Rajshree Sugars & Chemicals Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

Lanco Infratech Ltd: Results Press Release

Lanco Infratech Ltd has informed BSE regarding a Press Release dated February 07, 2011 titled "Q3FY11 Earning Release".Read More

Loyal Textile Mills Ltd: Board to consider Interim Dividend

Loyal Textile Mills Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 10, 2011, inter alia, :

1. To consider the unaudited financial results for the quarter ended December 31, 2010.

2. Discussing about declaration of Interim Dividend for the year 2010 -11.

Zylog Systems Ltd: Outcome of Board Meeting

Zylog Systems Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 07, 2011, inter alia, considered and approved appointment of Mr. V. K. Ramani as the Additional Director of the Company.

PI Industries Ltd: Results Press Release

PI Industries Ltd has informed BSE regarding a Press Release dated February 07, 2011 titled "PI Industries Ltd's Q3 FY2011 net profit up 47.2%".Read More

Choksi Imaging Ltd: Financial Results for Dec 31, 2010

Choksi Imaging Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

Mini Diamonds India Ltd: Financial Results for Dec 31, 2010

Mini Diamonds India Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

Lanco Infratech Ltd: Disclosures under Reg. 7(3) of SEBI (SAST) Regulations, 1997

Lanco Infratech Ltd has submitted the disclosure under Regulation 7(3) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:Read More

Fedders Lloyd Corporation Ltd: Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992

Fedders Lloyd Corporation Ltd has submitted the disclosure under Regulation 13(6) of the SEBI (Prohibition of Insider Trading) Regulations, 1992 to BSE:Read More

Prism Informatics Ltd: Outcome of Board Meeting

Prism Informatics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 07, 2011, has transacted the following:

Pursuant to Clause 22(b) and Clause 36(7) of the Listing Agreement, it is hereby informed that as per approval of shareholders of the Company under Section 81 (1A) of the Companies Act, 1956 at the Extra Ordinary General Meeting held on January 29, 2011 and upon receipt of In-Principle approval received from Bombay Stock Exchange vide Letter dated February 07, 2011 and as per conditions mentioned in SEBI (Issue of capital an Disclosure) Regulations, 2009, the Board of Directors of the Company has allotted 92,164 (nos) of 8% Non Cumulative Compulsorily Convertible Preference Shares (CCPs- Series-II) of Rs. 100/- each at par on preferential allotment basis to Mr. Atif Mohammed Salem Al Suwaidi, Foreign National.

Telephoto Entertainments Ltd: Revised Outcome of Board Meeting

With reference to the earlier announcement dated February 07, 2010, Telephoto Entertainments Ltd has informed BSE a revised outcome of Board Meeting as follows:

1. To change the name of the Company to "Picturehouse Media Limited".

2. To amend the Main Objects Clause of the Memorandum of Association.

3. To increase the Authorised Share capital of the Company.

4. To amend the Articles of Association

5. Further issuance of securities by way of preferential allotment of equity shares, compulsorily convertible preference shares and warrants to Promoter group and persons other than the Promoter group upto Rs. 500 Crores.

6. To raise further capital by way of GDR, FCCB etc. upto Rs. 500 Crores

7. To seek approval of the shareholders for the items (1) to (6) listed above by way of a postal ballot process.

Freshtrop Fruits Ltd: Financial Results for Dec 31, 2010

Freshtrop Fruits Ltd has informed BSE about the Financial Results for the Quarter ended December 31, 2010.Read More

Sayaji Hotels Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

Sayaji Hotels Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE:

Date of Reporting : February 05, 2010
Name of the Company : Sayaji Hotels Ltd
Total no of outstanding shares of the Company : 17518000

Name of the Entity: Sajid Razak Dhanai

Details of Transaction :
Date of Transaction : February 01, 2011
Number of Shares Pledged: 60,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 24,35,511
Total No of shares pledged : 23,57,106
% of total shares pledged to total no of shares held by the entity in the Company : 96.78%
% of shares pledged to total no of outstanding shares of the Company : 13.45%Read More

sharekhan ValueGuide: Volatility gets an extension

Investment Insights
Our regular features on investments and equity picks for our investors.

FROM SHAREKHAN'S DESK

Volatility gets an extension
It has been a sombre beginning for this equity market this year. The benchmark index registered a double-digit decline over the past one month even as the equities markets rallied globally. In the year to date India is the second worst performing market globally with Egypt being the worst. Our market dropped on macro-economic concerns of persistently high inflation, hardening of interest rates and an unexpected sharp slowdown in the industrial production. Even though corporate earnings for Q3FY2011 were largely in line with expectations, the market witnessed earnings downgrades in several companies across sectors on account of concerns related to margin pressure from the rising raw material cost and spiraling energy prices. The eruption of social unrest in Egypt and some other countries in the neighbouring region towards the end of the month added to the market?s woes. Given the global concerns and certain India-specific issues, the foreign institutional investor (FII) flows reversed with the foreign investors withdrawing close to one billion dollars in January 2011 alone.


SHAREKHAN TOP PICKS
  • Sharekhan top picks

STOCK IDEA
  • NIIT Technologies: Creating its own differentiated strategy

STOCK UPDATE

  • Ashok Leyland: Price target revised to Rs84
  • Bajaj Holdings & Investment: Price target revised to Rs1,042
  • Bank of Baroda: Price target revised to Rs998
  • Bharat Heavy Electricals: Price target revised to Rs2,781
  • Cadila Healthcare: Strong results; in line with estimates
  • Corporation Bank: Price target revised to Rs735
  • Eros International Media: Stellar performance
  • Greaves Cotton: Full throttle to continue
  • HCL Technologies: Price target upgraded to Rs622
  • Hindustan Unilever: Price target revised to Rs246
  • Housing Development Finance Corporation: Higher treasury income drives PAT growth
  • ICICI Bank: Price target revised to Rs1,190
  • Infosys Technologies: Upgraded to Buy
  • Ipca Laboratories: Improvement in operating margins?key monitorable
  • IRB Infrastructure Developers: Price target revised to Rs285
  • ITC: Price target revised to Rs207
  • JB Chemicals & Pharmaceuticals: RoW to drive growth
  • Kewal Kiran Clothing: Robust performance?led by volume and realisation
  • Larsen & Toubro: Upgraded to Buy
  • Marico: Price target revised to Rs140
  • Orient Paper and Industries: Upgraded to Buy
  • Polaris Software Lab: Intellect going strong, margins concerns remains?
  • Punjab National Bank: Price target revised to Rs1,460
  • Reliance Industries: Q3 performance meets estimates
  • State Bank of India: Price target revised to Rs2,990
  • Tata Consultancy Services: Impressive margin performance
  • Thermax: Upgraded to Buy on correction
  • Torrent Pharmaceuticals: Q3 results in line with estimates
  • UltraTech: Cement Results ahead of estimates
  • United Phosphorus: Price target revised to Rs218
  • V-Guard Industries: Price target revised to Rs237
  • Yes Bank: Result in line with expectations

THE STOCK IDEAS REPORT CARD


SHAREKHAN SPECIAL

  • Monthly economy review

MUTUAL GAINS

  • Sharekhan?s top equity fund picks


SECTOR UPDATE

  • Non-banking Financial Company: Regulation to limit profitability in MFI sector


VIEWPOINT

  • Exide Industries: Short circuit
  • Shopper's Stop: Strong performance; but priced in

Earnings Guide

Trader's Techniques
Get in-depth technical research and hot opportunities in the equities, derivatives and commodities markets.

  • Sensex: Bottom fishing
  • Crude: Heating up
  • Tumeric: Near Crucial Support
  • Derivative view: A dismal start
Commodities Corner
Get view on the buzzing commodities from our fundamental research team.

  • Copper?an correct lower before charging to Rs500 level
PMS Products
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  • ProPrime
  • ProTech
Premier Ideas
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  • Smart Trades Ideas
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Click here to read report: Sharekhan ValueGuide

Source:Sharekhan