Tuesday, 29 November 2016

Beat 15 stocks in concentrate today: Tata Steel, Sun Pharma, Mahanagar Gas

Goodbye Steel: Tata Steel UK has marked a letter of goal with Liberty House to offer its UK claim to fame steel business, the organization said in an announcement on Monday. The arrangement, which likewise covers a few South-Yorkshire based resources, is being pegged at an undertaking estimation of £100 million.

Sun Pharma: Sun Pharma propelled BromSite arrangement, set apart for treatment of postoperative aggravation and aversion of visual torment in patients experiencing waterfall surgery, in the US advertise.

Triveni Engineering and Industries: Triveni Engineering and Industries reported 120% expansion in solidified net benefit at Rs 65 crore for the quarter finished September 30.

Gokul Solutions: The organization reported a net benefit of Rs 1 crore for the half year finished September 30, 2016 against net benefit of Rs 7 crore in the comparing time frame a year ago.

Oil India: The organization has posted a net benefit of Rs 580 crore for the quarter finished September 30, 2016 when contrasted with Rs 706 crore for the quarter finished September 30, 2015.

Goodbye Power: The organization will declare its Q2 numbers today.

Himachal Futuristic Communications: The organization has educated bourses that the board has proclaimed first break profit of Rs 3.25 for each share on 80,50,000 aggregate redeemable inclination offers (CRPS) of Rs 100 each for the money related year 2016-17.

JSW Steel: JSW Steel has gone along with one of two speculator bunches competing to assume control over Italy's misfortune making Ilva steel plant, according to media report.

Indiabulls Housing Finance Ltd: The organization has raised Rs5bn by issuing debentures on a private arrangement premise.

Timken India: The organization reported 41% expansion in united net benefit at Rs 30 crore for the quarter finished September 30.

Jagran Prakashan: The organization has educated bourses that its backup, MBL has recorded its draft red herring outline with the Securities and Exchange Board of India on November 28, 2016 keeping in mind the end goal to embrace a first sale of stock (IPO). The IPO will involve a new issue collecting upto Rs 4,000 million and an offer available to be purchased of upto 2,658,518 value shares by certain current shareholders of MBL.

Mahanagar Gas: Mahanagar Gas enrolled a net benefit of Rs 102.24 crore, up 41%, against Rs 72.57 crore in the comparing quarter a year ago.

Sadbhav Engineering: Sadbhav Engineering posted a net benefit after duty of Rs 18.5 crore for the quarter finished September 30, 2016 when contrasted with Rs 27.8 crore for the quarter finished September 30, 2015.

Sagar Cements: The Board at its meeting hung on November 28, 2016 between alia, altered an issue cost of Rs 800 for every value share (which incorporates a premium of Rs 790 for every share) for the 6,11,986 value shares of Rs 10 each of the organization being issued for money on a particular premise, subject to receipt of further fundamental endorsements as might be required.


Suzlon Group: The organization has declared that it has stowed a 50.40MW wind control extend from a main business house to be executed in Andhra Pradesh.

Author : Wealth Research

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