Weekly Report on 29072017
Bygone week witnessed a historic event where Nifty not only entered into the elite 5-digit club, but stayed above the coveted 10000 mark on a weekly closing basis. This underscores the exceptional bullish nature of the present time. However, the euphoria is not...Morning Calls
Wilmar to Invest Up To Rs 813.5 Cr In Shree Renuka Sugar. Glenmark Pharma: Revenues up 21.9%, PAT up 47%, Margins at 25.5% vs 23.8%. Reliance capital reported Apr-Jun consolidated net profit of 2.4 bln rupees, up 15% on year. Revenue from operations was at 48.5 bln...Morning Calls
Fed leaves rates unch, may normalise balance sheet. WABAG wins repeat order in Bengaluru, Bags Inr 386 crore Sewage Treatment Plant order from BWSSB. AXIS BANK: Is nearing a deal to buy Freecharge for 3.5-4.0 bln rupees in cash. CONTAINER CORP OF INDIA: Has proposed...Morning Calls
Road ministry sanctions 115,435 kms of national highways Patel Engineering ,L&T ,Reliance infra and Gammon India Hindustan Construction Company IVRCL NCC, Valecha EngineeringUnity Infraprojects , IRB Infrastructure Developers and Jaiprakash Associates. Govt to...Morning Calls
JUST DIAL: Board has approved buyback of 1.19 mln shares worth 83.91 Cr rupees for a price of up to 700 rupees per share. CMP 379. RATNAMANI METALS & TUBES: Has received two orders for supply of helically-submerged arc welded pipes worth around 2.14 bln rupees...
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