Engineers India hits 52-week high ahead of bonus issue

Shares of Engineers India surged three per cent, hitting 52-week high, on the Bombay Stock Exchange ahead of the stock turning ex-bonus in the ratio of 1:1 on December 30, 2016. The company has fixed January 02, 2017 as the record date for the purpose of ascertaining the eligibility of shareholders for issuance of Bonus shares in the ratio of 1:1 i.e. 1 new equity bonus share of Rs 5 each for e

Asian Oilfield rises nearly 3% on bagging new order

Shares of Asian Oilfield soared nearly 3 per cent on the Bombay Stock Exchange after reservoir imaging company said that its wholly owned subsidiary, Asian Oilfield & Energy Services DMCC, Dubai, has secured contract worth USD 57 million for providing O&M services for an offshore production unit operating at an oil field in offshore Nigeria.

The duration for services is 3 year

Somany Ceramics jumps nearly 4% on redemption of cps

Shares of Somany Ceramics rose nearly 4 per cent on the Bombay Stock Exchange after the wall tiles manufacturer said that the commercial paper of Rs 15 crores issued on October 28, 2016 with maturity date of December 27, 2016 has been redeemed.

Following the announcement, shares of company gained as much as 3.63 per cent to hit intra-day high of Rs 495.00 apiece on Bombay Stock Exchan

DLF extends loss for Day 4, falls 4%

Shares of real estate major DLF continued their losing streak for the fourth straight session on Tuesday and tumbled over 4 per cent on the Bombay Stock Exchange on weak sectoral outlook. The experts opined that government’s demonetization policy is likley to dampen demand and negatively impact prices in the sector.

Extending previous session losses, shares of company declined a

Shilpa Medicare raises Rs 172.42 cr

Drug firm Shilpa Medicare has raised around Rs 172.42 crore by allotting 30,25,000 shares to Mauritius-based TA FII Investors Ltd. The company's board of directors alloted 30,25,000, equity share of Re 1 each at a premium of Rs 569 per share in the name of TA FII Investors Ltd, Shilpa Medicare said in a filing to BSE. This is pursuant to the resolution passed by the company's shareholde

Future Enterprises sells shares in FLFL

Future Enterprises Ltd has said that on December 26, 2016, the Company has sold on floor of Stock Exchange 3,05,70,108 Equity shares which is 16.09 per cent of Equity share capital of Future Lifestyle Fashions Limited (FLFL).

This shares has been bought on floor of exchange by Future Corporate Resources Limited, a Promoter group Company, by way of inter-se transfer under Block Deal me

State Trading Corporation extends rally on heavy volume

Shares of State Trading Corporation continued their gaining streak for the second straight session and locked in upper circuit on Monday, surging nearly 20 per cent on the Bombay Stock Exchange amid surge in the volume trade. According to data available with exchange, the scrip of company spiked 44 per cent in last two trading sessions on the back of heavy volumes.

Extending previous

Petronet LNG tanks nearly 4% on concerns over rising LNG prices

Shares of Petronet LNG tumbled nearly 4 per cent on the Bombay Stock Exchange amid concerns over rising spot prices of liquefied natural gas (LNG) which could weigh on LNG demand in India. Weighed down the development, shares of company declined as much as 3.86 per cent to hit intra-day low of Rs 344.00 apiece on Bombay Stock Exchange.

In a similar fashion, stocks of company fell 3.71

ONGC falls over 2% on deal to buy stake of GSPC

Shares of Oil & Natural Gas Corporation (ONGC) slipped over 2 per cent on the Bombay Stock Exchange after the company announced to buy 80 per cent stake of GSPC with operatorship rights in Block KG-OSN-2001/3. Weighed down the development, shares of company declined as much as 2.07 per cent to hit intra-day low of Rs 189.00 apiece on Bombay Stock Exchange. In a similar fashion, stocks of co

Reliance Defence surges nearly 7% on block deal

Shares of Reliance Defence and Engineering rallied nearly 7 per cent on the Bombay Stock Exchange amid surge in volume trade following the block deal. As per data available with exchange, nearly 2 per cent of company's equity shares changed hands through block deal, though names of buyers and sellers were not available.

Driven by block deal, shares of company gained as much as 6.8

Centrum Capital extends rally on promoters stake hike

Shares of Centrum Capital continued its rally for the second day and surged nearly 11 per cent on Friday on the Bombay Stock Exchange after exchange data showed that promoters of the company increased stake in the company through open market transactions. As per data available with exchange, the promoters of company, include Jaspal Bindra and Chandir Gidwani, purchased a 5 per cent stake in the

Welspun Enterprises tanks nearly 5% on share buyback plan

Shares of Welspun Enterprises tumbled nearly 5 per cent on the Bombay Stock Exchange after its board approves buyback of equity shares. “With a view of utilising the company’s substantial cash reserves and in order to enhance shareholder value, the board has approved buy back of 25% of the company’s share capital. The buyback would be subject to shareholders’ approval,&r

Hinduja Ventures gets board nod to sell stake in Hinduja Energy

Hinduja Ventures said that its board has approved disinvestment of stake in Hinduja Energy (India). The board of directors has approved the disinvestment of 4.36 crore equity shares of Rs 10 each held by the company in Hinduja Energy (India), in tranches, as per independent valuation of Rs 31.58 per share to third party, it said in a filing to the Bombay Stock Exchange.

Net profit of

JK Paper to sell 20% stake in OJPPL to OHC

JK Paper Ltd has said that it has decided at its meeting of Committee of Directors held on December 22, 2016, to sell the 20 per cent shareholding of OJPPL to OHC, one of the joint venture parties, and has authorised in this regard certain Directors/Executives of the Company to sign the Share Purchase Agreement and to transfer the relevant shares to OHC, whereby the Company would cease to be a

Ishan Dyes & Chemicals surges 11% on bonus issue plan

Shares of Ishan Dyes & Chemicals jumped over 11 per cent on the Bombay Stock Exchange after the company said that its board would consider proposal for issue of bonus equity shares to the existing shareholders of the company.

“The board of directors of the company in its meeting on December 29, 2016, to consider proposal for issue of bonus equity shares to the existing share

Empee Distilleries surges 6% on plan to sell stake in Empee Hotels

Shares of Empee Distilleries jumped 6 per cent on the Bombay Stock Exchange after the company said that it would consider stake sale in Empee Hotels. “The board of directors of the company is scheduled to be held on December 26, 2016 to consider and approve sale of 19512997 equity shares of Rs 10 each held by the company in Empee Hotels Limited,” Empee Distilleries said in a filing

KDDL surges over 16% on issue of warrants to promoter

Shares of KDDL, an engineering company, zoomed over 16 per cent on the Bombay Stock Exchange after the company allotted 2.64 lakh Zero Coupon Convertible Warrants to Swades Capital LLC, a promoter group entity.

“The committee for preferential issue of Zero Coupon Convertible Warrants-2016 has allotted 264,150 Zero Coupon Convertible Warrants of Rs 265 each convertible into one e

Centrum Capital zooms nearly 18% on block deal

Shares of Centrum Capital rallied nearly 18 per cent on the Bombay Stock Exchange amid surge in volume trade following the block deal. As per data available with exchange, nearly 5 per cent of company's equity shares changed hands through block deal, though names of buyers and sellers were not available. Driven by block deal, shares of company gained as much as 17.60 per cent to hit intra-d

Welspun Corp jumps 3% on promoter stake hike

Shares of Welspun Corp, a manufacturer of large diameter pipes, rose 3 per cent on the Bombay Stock Exchange after the exchange data showed that its promoter increased stake in the company through open market transaction. Boosted by the development, shares of company gained as much as 3.00 per cent to hit intra-day high of Rs 82.35 apiece on Bombay Stock Exchange. In a similar fashion, stocks o

Vascon Engineers jumps over 5% on selling stake in Viorica Hotels

Shares of Vascon Engineers soared over 5 per cent on the Bombay Stock Exchange after the company said that it has sold its stake in Viorica Hotels Pvt Ltd for about Rs 15.6 crore. Following the announcement, shares of company gained as much as 5.63 per cent to hit intra-day high of Rs 30.00 apiece on Bombay Stock Exchange. In a similar fashion, stocks of company rose 1.94 per cent to Rs 28.95 a

RCOM shares zooms 10% on report to sell stake in tower biz

Shares of Reliance Communications jumped nearly 10 per cent on the Bombay Stock Exchange after media reported that the Brookfield Group is set to buy a majority stake in the company’s tower unit for about Rs 11,000 crore. Riding high on media reports, shares of company gained as much as 9.84 per cent to hit intra-day high of Rs 38.50 apiece on Bombay Stock Exchange. In a similar fashion,

Linde India hits 52-week high on strong volume

Shares of Linde India, a leading industrial gases company, surged over 16 per cent, hitting 52-week high, on the Bombay Stock Exchange amid surge in volume trade. The stocks saw surge in heavy volume after Reuters report that Linde AG, the German company that revived merger talks with US rival Praxair Inc.

Riding high on media reports, shares of company gained as much as 16.55 per cen

Sasken Communication hits 52-week high ahead of board meeting

Shares of Sasken Communication Technologies zoomed nearly 9 per cent, hitting 52-week high, on the Bombay Stock Exchange ahead of the board meeting on December 23, 2016, to finalize share buyback price and to fix the record date.

“The buy-back committee of the board of directors of the company will be held on December 23, 2016, to finalize the price at which the shares will be b

Datamatics Global hits record high on Insync Capital stake buying

Shares of Datamatics Global Services rallied over 10 per cent, hitting 52-week high, on the Bombay Stock Exchange after Insync Capital Partners LLP acquired 0.5 per cent stake in the company through open market on Tuesday.

Boosted by the development, shares of company gained as much as 10.15 per cent to hit 52-week high of Rs 124.70 apiece in intra-day trade on Bombay Stock Exchange.<

Deep Industries hits 52-week high on strong volume

Shares of Deep Industries rallied nearly 8 per cent, hitting 52-week high, on the Bombay Stock Exchange amid surge in volume trade after the company received overwhelming response for its qualified institutional placement (QIP). The company has raised corpus worth Rs 63.84 crore through QIP which is intended to be utilized to meet long term working capital requirements and thereby business grow