Nifty Tips

Sunday, February 28, 2010

HAPPY HOLI -

Eagle Ventures (http://eaglenifty.blogspot.com/) wishes all its readers a Happy, Safe n Colorful Holi.


The colorful festival of Holi is celebrated on Phalgun Purnima which comes in February end or early March. Holi festival has an ancient origin and celebrates the triumph of 'good' over 'bad'. The colorful festival bridges the social gap and renew sweet relationships. On this day, people hug and wish each other 'Happy Holi'.

Holi celebration begins with lighting up of bonfire on the Holi eve. Numerous legends & stories associated with Holi celebration makes the festival more exuberant and vivid. People rub 'gulal' and 'abeer' on each others' faces and cheer up saying, "bura na maano Holi hai". Holi also gives a wonderful chance to send blessings and love to dear ones wrapped in a special Holi gift.
To read more visit link: HAPPY HOLI

Courtesy www.holifestival.org







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Posted by Nifty Tips at 3:41 PM 7 comments

Friday, February 26, 2010

Rail Budget 2010: Freight lowered, AC tickets get cheaper

Published on Wed, Feb 24, 2010 at 12:55 | Updated at Wed, Feb 24, 2010 at 18:27 | Source : Moneycontrol.com

Indian Railway Minister Mamata Banerjee presented the Railway Budget in Parliament today. Banerjee has chalked out a ambitious plan with an aim to raise Rs 10,000-20,000 crore in FY11 and promised to introduce a 10-year a plan "Vision 2020".

A point to note, however, is that the second Railway Budget is being announced amidst accusations that promises made last year have not yet been achieved.

Key highlights:

- To come out with 10-year plan 'Vision 2020'
- Limited funds available constraint for line addition
- See 890 million tonne freight loading during FY10
- To beat FY10 freight target by 8 million tonne
- FY10 revised estimate on gross earning at Rs 88,200 crore
- Rs 6,490 crore net revenue revised estimate for FY10
- Non-core business revenue seen at Rs 1,000 crore
- Impact of 6th Pay Commission at Rs 55,000 crore
- Plan to raise Rs 10,000-20,000 crore in FY11
- FY11 freight loading aim at 944 million tonne
- FY11 gross traffic receipts at Rs 94,800 crore
- FY11 plan outlay seen at Rs 41,426 crore
- FY11 working spend seen at Rs 87,100 crore
- See FY11 dividend liability at Rs 6,600 crore
- FY11 operating ratio seen at 93.2%
- FY11 new line allocation cost at Rs 4,400 crore
- FY11 gross budgetary support seen at Rs 15,800 crore
- To borrow Rs 9,120 crore this fiscal


Business and India Inc

- Not to increase freight tariff
- Time for business partnership with Railways has come
- Not to privatise Railways
- To set up six bottling water plants via PPP model
- RFID technology to be used in freight transport
- To acquire 18,000 new wagons
- To set up more freight corridors
- Cut freight on food grain, kerosene by Rs 100/wagon
- To set up 10 auto ancillary hubs In PPP model
- To start door-to-door service for freight movement
- Premium tatkal service for parcel, freight movement
- Golden Rail Corridor project announced
- 5 new coach factories to be set up
- Diesel plant in Bengal if land available
- Railway research center in Kharagpur
- Design testing unit to be set up in Bangalore


Passengers

- To complete 1,000 km lines in one year
- 117 new trains to be flagged off by March 31
- Rs 1,300 crore for passenger amenities
- To launch double-decker trains on pilot basis
- To construct more underpasses, subways, low-height flyovers
- To raise 12 companies of women RPF
- Women RPF to be raised
- E-ticketing mobile vans at hospitals, universities
- To run 101 new suburban trains in Mumbai
- To introduce 54 new trains in FY11
- Service charge on AC class cut to Rs 20 From Rs 40
- To extend routes of 21 trains
- To launch tourist trains on 16 routes
- To launch 10 more duranto trains
- Golden Rail Corridor project announced
- Funding for metro rail projects increased by 5%


Employees and Employment

- New housing scheme for 14 lakh employees
- Ex-servicemen for railway security
- Rail exams to be held in regional languages
- FY11 pension appropriation at Rs 14,500 crore


Public service

- Announces Rabindra Museum at Howrah
- Railways to set up 10 eco-parks
- Special trains for Commonwealth Games
- Sports academies to be set up in 5 cities
Source: Moneycontrol.com
Courtesy moneycontrol.com







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KEY HIGHLIGHTS of RAILWAY BUDGET by Mamta Banerjee

Key Highlights of the Indian Railway Budget

Indian Railway Minister Mamata Banerjee presented the second Railway Budget for the financial year 2011 in Parliament on 24th February, 2010. Banerjee promised to introduce a 10-year plan "Vision 2020" and also chalked out an ambitious plan with an aim to raise Rs 10,000-20,000 crore in FY11.



Key highlights:

- To come out with a 10-year plan 'Vision 2020'
- Limited funds available constraint for line addition
- See 890 million tonne freight loading during FY10
- To beat FY10 freight target by 8 million tonne
- FY10 revised estimate on gross earning at Rs 88,200 crore
- Rs 6,490 crore net revenue revised estimate for FY10
- Non-core business revenue seen at Rs 1,000 crore
- Impact of 6th Pay Commission at Rs 55,000 crore
- Plan to raise Rs 10,000-20,000 crore in FY11
- FY11 freight loading aim at 944 million tonne
- FY11 gross traffic receipts at Rs 94,800 crore
- FY11 plan outlay seen at Rs 41,426 crore
- FY11 working spend seen at Rs 87,100 crore
- See FY11 dividend liability at Rs 6,600 crore
- FY11 operating ratio seen at 93.2%
- FY11 new line allocation cost at Rs 4,400 crore
- FY11 gross budgetary support seen at Rs 15,800 crore
- To borrow Rs 9,120 crore this fiscal









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Posted by Nifty Tips at 11:20 AM 0 comments
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Union Budget 2010 by Finance Minister Pranab Mukherjee

Union Budget 2010:

Finance Minister Pranab Mukherjee is coming live on Lok Sabha TV and other news channels, presenting the union budget 2010.

The key highlights of the budget will be posted once the speech is completed.









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Posted by Nifty Tips at 11:11 AM 0 comments
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Wednesday, February 24, 2010

RAILWAY BUDGET 2010 by Mamta Banerjee

Indian Railway Budget 2010


The budget is expected to be a populist one as the passenger fares may remain untouched in this railway budget but we may expect a slight and selective increase in the freight rates. Foodgrains or the items pertaining to food inflation (whether directly/indirectly) may not see an increase in the freight rates because even a slight increase in these fares would strongly impact the inflation which has been a top concern for the Centre. Also the Railway Budget would focus more on to getting more traffic.

Well let anyone say anything but the final words would only come from Indian Railway minister, Kumari Mamta Banerjee's Railway Budget which is to be presented today 24th February, 2010. This is the second railway budget from Mamta Banerjee.










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Monday, February 22, 2010

RNRL Q2 net profit was up at Rs 25 cr

Reliance Natural Resources, RNRL has declared its third quarter results. The company's Q2 net sales were down at Rs 82.2 crore versus Rs 137.7 crore, year-on-year, YoY.

Its net profit was up at Rs 25 crore versus Rs 24.2 crore, YoY.

The company's trailing 12-month (TTM) EPS was at Rs 0.44 per share. (Sep, 2009)

The stock's price-to-earnings (P/E) ratio stands at 145.80.

Particulars Dec-09 Sep-09 Jun-09
Net Sales / Interest Earned / Operating Income 82.293 14.552 82.522
Other Income 49.396 51.608 32.936
Expenditure -85.261 -15.268 -71.36
Interest -20.972 -24.125 -22.593
Profit Before Depreciation and Tax 25.456 26.767 21.505
Depreciation -0.018 -0.018 -0.018
Profit before Tax 25.438 26.75 21.487
Tax -0.392 -5.598 -4.242
Net Profit 25.046 21.152 17.245
Equity Capital 816.565 816.565 816.565




















Source: Moneycontrol.com
Courtesy moneycontrol.com







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Wednesday, February 17, 2010

Ballarpur Industries (BILT) NSE NOTICES

Ballarpur Industries Limited has submitted to the Exchange a copy of the notice of the Extraordinary General Meeting of the members of the Company to be held on March 03, 2010. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Source: NSE
Courtesy moneycontrol.com







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Ballarpur Industries (BILT) BSE NOTICES

Ballarpur Industries Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the Company will be held on March 03, 2010.
Source: BSE
Courtesy moneycontrol.com







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Ballarpur Industries (BILT) BSE NOTICES

Ballarpur Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 29, 2010, inter alia, have : 1. Noted and accepted proposal of Mr. Gautam Thapar relinquishing post of Executive Chairman of the Company w.e.f. April 01, 2010 and consequent re-designation as Non Executive Chairman of the Company. 2. Subject to approval of the Members of the Company, approved the offer, issue and allotment of the following securities to BILT Paper Holdings Ltd ("BPHL"), a promoter of the Company ("Promoter") on a preferential basis, in order to augment its balance sheet, meet long term capital requirements for pursuing expansion / growth opportunities and general corporate purposes: (i) 4,50,00,000 equity shares of the face value of Rs. 2.00 each of the Company, at a price as determined in accordance with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 ("ICDR") or Rs. 30/- per equity share, whichever is higher. The relevant date for the purpose of computation of the minimum issue price in accordance with the ICDR being February 01, 2010. The allotment shall be completed within 15 days of receipt of relevant approvals / date of Extraordinary General Meeting, whichever is later. Consequently, the promoter group shareholding shall increase from 40.30% to 44.77% of the post issue paid up share capital of the Company. (ii) 5,50,00,000 unsecured Zero Coupon Compulsory Convertible Bonds ("ZCB"), at an issue price as date in accordance With ICDR or Rs. 30/- per equity share, whichever is higher. The ZCB shall be convertible into 5,50,00,000 fully paid up equity shares of the face value of Rs. 2.00 each of the Company at the option of the Promoter, anytime within 18 months from the date of allotment. The relevant date for the purpose of computation of the minimum issue price in accordance with the ICDR being February 01, 2010. Consequently, upon conversion of the ZCB, the promoter group shareholding shall increase from 44.71% to 49.40% of the post issue paid up share capital of the Company. (iii) The equity shares shall be fully paid up at the time of allotment / conversion and shall rank pari passu with the existing equity shares of the Company in all respects and be listed on the Stock Exchanges where the Company's shares are listed. (iv) An Extra-ordinary General Meeting of the Members of the Company has been convened on March 03, 2010 to consider the aforesaid preferential issue to the Promoter. (v) Approved draft notice for convening the aforesaid Extra-ordinary General Meeting.
Source: BSE
Courtesy moneycontrol.com







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Posted by Nifty Tips at 2:09 PM 0 comments
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Ballarpur Industries (BILT) NSE NOTICES

Ballarpur Industries Limited has informed the Exchange regarding the outcome of the Board Meeting held on January 29, 2010 as follows: 1) Noted and accepted proposal of Mr. Gautam Thapar relinquishing post of Executive Chairman of the Company w.e.f. April 01, 2010 and consequent re-designation as Non Executive Chairman of the Company. 2) An Extra-ordinary General Meeting of the Members of the Company has been convened on March 03, 2010 to consider the preferential issue (as per attachment) to the Promoter. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Source: NSE
Courtesy moneycontrol.com







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Ballarpur Industries (BILT) NSE NOTICES

Ballarpur Industries Limited has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the members of the Company held on December 18, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Source: NSE
Courtesy moneycontrol.com







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Posted by Nifty Tips at 2:06 PM 0 comments
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Ballarpur Industries (BILT) BSE NOTICES

Ballarpur Industries Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on December 18, 2009.
Source: BSE
Courtesy moneycontrol.com







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BILT Q2 net profit up at Rs 45.6 cr

Ballarpur Industries, BILT has declared its second quarter results. The company's Q2 consolidated net sales were up at Rs 879.8 crore versus Rs 805.7 crore, quarter-on-quarter, QoQ.

Its consolidated net profit was up at Rs 45.6 crore versus Rs 41.9 crore, QoQ.
Source: Moneycontrol.com
Courtesy moneycontrol.com







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Monday, February 15, 2010

Indian Oil Corporation NSE NOTICES

Indian Oil Corporation Ltd has informed the Exchange that "An International Consortium Comprising Indian Oil Corporation Limited ('IOC') , ONGC Videsh Limited ('OVL'), Repsol YPF ('Repsol'), Petroliam Nasional Berhad ('Petronas') and Oil India Limited ('OIL') (collectively, the 'Consortium') was awarded by the Government of Venezuela the right to acquire 40 % interest in an 'Empresa Mixta' (or 'Mixed Company'), which would develop Carabobo 1 North and Carabobo 1 Central blocks located in the Orinoco Heavy Oil Belt, as well as associated upgrading and infrastructure projects." The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Source: NSE
Courtesy moneycontrol.com







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Indian Oil Corporation BSE NOTICES

Indian Oil Corporation Ltd (IOC) has informed BSE that: "An international consortium comprising Indian Oil Corporation Ltd. ("IOC"), ONGC Videsh Ltd. ("OVL"), Repsol YPF ("Repsol"), Petroliam Nasional Berhad ("Petronas") and Oil India Ltd. ("OIL") (collectively, the "Consortium") was awarded by the Government of Venezuela the right to acquire 40% interest in an "Empresa Mixta" (or "Mixed Company"), which would develop Carabobo 1 North and Carabobo 1 Central blocks located in the Orinoco Heavy Oil Belt, as well as associated upgrading and infrastructure projects. The Orinoco Oil Belt contains the largest accumulation of oil in Venezuela, with estimated oil-in-place of over 1.0 trillion barrels. The 7 blocks included in 3 projects in the Carabobo region are estimated to contain 128 billion barrels of heavy oil-in-place and the volume of crude oil recoverable from each project has been estimated to be around 3 to 3.4 billion barrels. The multi-billion dollar project is one of the largest integrated energy projects in the world. Corporacion Venezolana del Petroleo S.A. ("CVP"), a subsidiary of Petroleos de Venezuela ("PdVSA"), Venezuela's state oil Company, will hold 60% equity interest in the Mixed Company, which will have an initial license term of 25 years that can be extended by further 15 years. The Mixed Company will construct heavy oil production facilities, upgrading facilities and associated infrastructure. The upstream production facilities will produce about 400,000 barrels per day of extra heavy oil, which will be upgraded into light crude oil in an upgrading facility to be located in the Soledad area, Anzoategui State in Venezuela."
Source: BSE
Courtesy moneycontrol.com







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Posted by Nifty Tips at 12:36 PM 0 comments
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Indian Oil Corporation NSE NOTICES

Indian Oil Corporation Ltd has informed the Exchange that "Shri S. Sundareshan, Special Secretary, MOP&NG (Govt. Nominee Director on the Board of Indian Oil) has ceased to be the Director of the Company with effect from February 01, 2010".
Source: NSE
Courtesy moneycontrol.com







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Indian Oil Corporation BSE NOTICES

Indian Oil Corporation Ltd (IOC) has informed BSE that Shri S. Sundareshan, Special Secretary, MOP&NG (Govt. Nominee Director on the Board of IndianOil) has ceased to be the Director of the Company with effect from February 01, 2010.
Source: BSE
Courtesy moneycontrol.com







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Posted by Nifty Tips at 12:33 PM 0 comments
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Indian Oil Corporation BSE NOTICES

Indian Oil Corporation Ltd (IOC) has informed BSE that IndianOil is in the process of issuing foreign currency bonds in the international market to the extent of USD 500 million to finance its capital expenditure. The tenor of the bonds is 5 years with the coupon rate of 4.75% per annum payable semi-annually. The bonds would be listed on the Singapore Stock Exchange. The bonds have been rated as Baa3 by Moody''s and BBB- by Fitch, which denote ''Investment'' grade.
Source: BSE
Courtesy moneycontrol.com







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Posted by Nifty Tips at 12:31 PM 0 comments
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Indian Oil Corporation NSE NOTICES

Indian Oil Corporation Ltd has informed the Exchange that: "IndianOil is in the process of issuing foreign currency bonds in the international market to the extent of USD 500 million to finance its capital expenditure. The tenor of the bonds is 5 years with the coupon rate of 4.75% per annum payable semi-annually. The bonds would be listed on the Singapore Stock Exchange. The bonds have been rated as Baa3 by Moody's and BBB- by Fitch, which denote 'Investment' grade".
Source: NSE
Courtesy moneycontrol.com







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Posted by Nifty Tips at 12:26 PM 0 comments
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IOC Q3 net profit down 76.5% at Rs 696.6 cr

Indian Oil Corporation (IOC) has announced its third quarter results of FY10. Its net profit went down 76.5% at Rs 696.6 crore from Rs 2,958.6 crore.

Sales fell 0.96% to Rs 69,707.5 crore as against Rs 70,834.7 crore. The operating profit margin (OPM) declined to 0.5% from 4.59%.

The company has received cash of Rs 4,482.5 crore from the government, which was factored in OPM and bottomline.

Gross refining margin (GRM) stood at USD 4.84 a barrel. Refinery Throughput was up 4.1% at 12.53 MMT.
Source: CNBC-TV18
Courtesy moneycontrol.com







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Monday, February 8, 2010

BEL (Bharat Electronics) NSE NOTICES

Bharat Electronics Ltd has informed the Exchange that Shri Anil Kumar has been appointed as Director (Other Units) on the Board of Directors of the Company w.e.f. February 01, 2010. Prior to this appointment Mr. Anil Kumar has been heading Chennai Unit of the Company as General Manager (Chennai Unit). The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Source: NSE
Courtesy moneycontrol.com







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Posted by Nifty Tips at 6:39 PM 0 comments
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BEL (Bharat Electronics) BSE NOTICES

Bharat Electronics Ltd has informed BSE that Shri Anil Kumar has been appointed as Director (Other Units) on the Board of Directors of the Company w.e.f. February 01, 2010. Prior to this appointment Mr. Anil Kumar has been heading Chennai Unit of the Company as General Manager (Chennai Unit).
Source: BSE
Courtesy moneycontrol.com







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BEL (Bharat Electronics) BSE NOTICES

Bharat Electronics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 29, 2010, inter alia, has declared an Interim Dividend of Rs. 6/- per share for the year 2009-10.
Source: BSE
Courtesy moneycontrol.com







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BEL (Bharat Electronics) NSE NOTICES

Bharat Electronics Ltd has informed the Exchange that the Board of Directors of the company at their meeting held on January 29, 2010 declared an interim dividend of 60% on the paid up capital of the Company (Rs. 6/- per share) for the year 2009-2010. Further, the Company has fixed February 26, 2010 as the due date for payment of interim dividend for 2009-2010.
Source: NSE
Courtesy moneycontrol.com







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BEL (Bharat Electronics) BSE NOTICES

Bharat Electronics Ltd has informed BSE that Shri. Satyajeet Rajan, Joint Secretary (Electronics), Govt. of India, Ministry of Defence, has been appointed as part-time Director on the Board of Directors of the Company in place of Shri. Gyanesh Kumar, Joint Secretary (Shipyards), Govt. of India, Ministry of Defence.
Source: BSE
Courtesy moneycontrol.com







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Posted by Nifty Tips at 6:33 PM 0 comments
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BEL (Bharat Electronics) NSE NOTICES

Bharat Electronics Ltd has informed the Exchange that Shri Satyajeet Rajan, Joint Secretary (Electronics ), Govt. of India, Ministry of Defence, has been appointed as part time Director on the Board of Directors of the Company in place of Shri Gyanesh Kumar, Joint Secretary (Shipyards), Govt. of India, Ministry of Defence. The updated list of Directors of the company shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Source: NSE
Courtesy moneycontrol.com







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BEL (Bharat Electronics) BSE NOTICES

With reference to the earlier announcement dated January 11, 2010, regarding Q3 results on January 29, 2010, Bharat Electronics Ltd has now informed BSE that at the same meeting on January 29, 2010, the Board of Directors of the Company will also be considering declaration of interim dividend (for 2009-2010) to the equity shareholders of the Company. Further the Company has informed that, February 04, 2010 has been fixed as the Record Date for the purpose of payment of interim dividend.
Source: BSE
Courtesy moneycontrol.com







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BEL Q3 net profit up at Rs 224 cr

Bharat Electronics, BEL has declared its third quarter results. The company's Q3 net sales were up at Rs 1,179.5 crore versus Rs 670.9 crore, year-on-yera, YoY.

Its net profit was up at Rs 224 crore versus Rs 123 crore.

The company's trailing 12-month (TTM) EPS was at Rs 124.03 per share. (Sep, 2009)

The stock's price-to-earnings (P/E) ratio stands at 15.70.
Source: Moneycontrol.com
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Birla Cotsyn India NSE NOTICES

Birla Cotsyn (India) Limited has informed the Exchange that Mr. Debashis Poddar has been appointed as the Chief Executive Officer (CEO) of the Company in place of Mr. K.K Baheti, the ex-CEO, who has expired. Further the Company has also informed that in the Board meeting held on January 28, 2010 Mr. Debashis Poddar has been appointed as a 'Manager' of the Company under the provisions of Section 269 (1) of the Companies Act, 1956.
Source: NSE
Courtesy moneycontrol.com







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Posted by Nifty Tips at 6:24 PM 0 comments
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Birla Cotsyn India BSE NOTICES

Birla Cotsyn (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 28, 2010, inter alia, have transacted the following : - Mr. Debashis Poddar has been appointed as the Chief Executive Officer (CEO) of the Company in place of Mr. K. K. Baheti, the ex-CEO, who has expired.
Source: BSE
Courtesy moneycontrol.com







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Birla Cotsyn Q3 net profit at Rs 2.32 cr

Birla Cotsyn reported profit after tax (PAT) of Rs 232.98 lakhs in the third quarter ended December 31st, 2009, as against Rs (182.68) lakhs in the corresponding quarter last year.

Segment-wise, revenues from Trading stood at Rs 6057.06 lakhs compared to Rs 2539.56 lakhs in the corresponding quarter last year, while revenues from Textile segment for the same quarter jumped to Rs 3652.99 lakhs from Rs 2163.25 lakhs. The company reported profit after tax (PAT) of Rs 232.98 lakhs in the third quarter ended December 31st, 2009, as against Rs (182.68) lakhs in the corresponding quarter last year.

Revenues from Textile segment for the nine months jumped to Rs 9115.25 lakhs from Rs 5172.10. The company reported profit after tax (PAT) of Rs 519.46 as against Rs (142.45) in the corresponding year.
Source: CNBC-TV18
Courtesy moneycontrol.com







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RCF Q3 net profit up at Rs 77.7 cr

Rashtriya Chemicals and Fertilisers, RCF has announced its third quarter results. The company's Q3 net sales were down at Rs 1,606.5 crore versus Rs 2,278.2 crore, year-on-year, YoY.

Its net profit was up at Rs 77.7 crore versus Rs 68.7 crore, YoY.

The company's trailing 12-month (TTM) EPS was at Rs 3.55 per share. (Sep, 2009)

The stock's price-to-earnings (P/E) ratio stands at 29.03.

Particulars Dec-09 Sep-09 Jun-09 Mar-09
Net Sales / Interest Earned / Operating Income 1606.58 1791.95 843 1912.88
Other Income 13.39 11.09 11.56 25.69
Expenditure -1476.25 -1691.12 -785.2 -1839.38
Interest -3.29 -4.42 -9.93 -13.31
Profit Before Depreciation and Tax 140.43 107.5 59.43 85.88
Depreciation -22.63 -22.45 -21.63 -23.32
Profit before Tax 117.8 85.05 37.8 62.56
Tax -40.02 -28.93 -6.25 -23.19
Net Profit 77.78 56.12 31.55 39.37
Equity Capital 551.69 551.69 551.69 551.69





























Source: CNBC-TV18
Courtesy moneycontrol.com







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Posted by Nifty Tips at 6:17 PM 0 comments
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Max India NSE NOTICES

Max India Ltd has informed the Exchange that "In terms of the approval accorded by the shareholders in the extra-ordinary general meeting of the Company held on January 22, 2010 and pursuant to the approvals received from stock exchanges where the company's shares are listed, Dynavest India Private Limited, one of the promoter group companies has remitted a sum of Rs. 86.70 crores, being 50% of the face value of warrants for subscription to 2,000,000 (Two million) Warrants of a face value of Rs. 867/- each of the Company. Each warrant entitles the holder thereof to subscribe to four equity share of Rs.2/- each of the Company at a premium of Rs. 214.75 per equity share .The Board of Directors of the Company has approved the allotment of aforesaid 2,000,000 (Two million) Warrants of a face value of Rs. 867/-each of the Company to Dynavest India Private Limited on February 6, 2010.
Source: NSE
Courtesy moneycontrol.com







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Posted by Nifty Tips at 6:13 PM 0 comments
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Max India BSE NOTICES

Max India Ltd has informed BSE that in terms of the approval accorded by the shareholders in the extra-ordinary general meeting of the Company held on January 22, 2010 and pursuant to the approvals received from stock exchanges where the Company's shares are listed, Dynavest India Pvt. Ltd., one of the promoter group Companies has remitted a sum of Rs. 86.70 crores, being 50% of the face value of warrants for subscription to 2,000,000 (Two million) Warrants of a face value of Rs. 867/- each of the Company. Each warrant entitles the holder thereof to subscribe to four equity share of Rs. 2/- each of the Company at a premium of Rs. 214.75 per equity share. The Board of Directors of the Company has approved the allotment of aforesaid 2,000,000 (Two million) Warrants of a face value of Rs. 867/- each of the Company to Dynavest India Pvt. Ltd. on February 06, 2010.
Source: BSE
Courtesy moneycontrol.com







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Posted by Nifty Tips at 6:12 PM 0 comments
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Max India BSE NOTICES

Max India Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company was held on January 22, 2010.
Source: BSE
Courtesy moneycontrol.com







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Posted by Nifty Tips at 6:10 PM 0 comments
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Max India NSE NOTICES

Max India Ltd has submitted to the Exchange a copy of the proceedings of Extraordinary General Meeting of the Company held on January 22, 2010. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Source: NSE
Courtesy moneycontrol.com







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