Entries Tagged 'Stock News' ↓

The enquiry commitee which has been laid on the Hyderabad flyover mishap has today made its report to the public. Gammon India has been given clean chit but the Committee has fined Gammon India 10% of the total cost of the Project and also the company will bear all the costs incurred by the inviduals who are involved in the mishap.

The enquiry committee report reads that the collapse of the flyover was due to soil erosion caused by digging of trenches and heavy rains and it added that Gammon has not taken enough care to prevent the mishap.

Stock of leading Cement manufacturer, ACC has touched a 52-week high of Rs 1,209 today and later closed up Rs 31.30 or 2.7% at Rs 1190.75 with volumes of 1,274,327 shares on the NSE.

Steel Authority of India, SAIL has today touched a 52-week high of Rs 200.30. The share is quoting at 196.35 up 3.40 or (1.76%) and is trading with volumes of 1,779,520 shares.

On Friday SAIL shares closed up 2.80% or Rs 5.25 at Rs 192.85.

In a bid to capture Indian Food fans all over the world,Delhi-based Vishal Retail is planning to open about 10,000 quick service restaurants, which will sell Indian snacks, all over the world. Vishal Retail Restaruants model would be similar to McDonalds.

Vishal Retail has recently announced its aggressive expansion plans, the company is planning 20-25 Mega Malls on all major highways of India,these Mega malls which will be spread over 10-20 acres will have Retail Malls (25,000 - 30,000 sq feet), Spa’s and Waterparks. Vishal Retail along with the Mega malls on the highways, is also planning to start 100 stores in the next two months in which the company will invest about Rs 2 billion.

State Trading Corporation of India (STC) is locked at 10% upper circuit today and is trading at Rs 346.05 which is 52 week high for the stock. The stock is trading with volumes of 238,373 shares and there are pending buy orders of 29,584 shares with sellers not available in the STC stock.
 
State Trading Corporation is flying from the last 3 sessions based on the Bonus News, the share closed up 10% and hit the Upper Circuit Yesterday as well.

TV 18 Group effective from September will be known as Network 18. Tv 18 Group is a top media company in India with existing businesses such as TV18, GBN, Web18, Homeshop18, Viacom18, Studio18, and Events18 .

The USD 2 billion Group has businesses across television broadcasting, internet, motion pictures, and event management.

Real Estate developer Parsvnath Developers Ltd  today performed Bhoomipujan Ceremony for Parsvnath 5 star Hotel, Shopping and Office Complex on JNTU Hitech City Road, Hyderabad.  

According to the press release,the development of Parsvnath Shopping and Office Complex will have a total saleable area of 3 lacs square feet and 5 Star Hotel will be spread over an area of 1.75 lacs square feet.