Signet Industries receives orders worth Rs. 73 crore
Signet Industries receives orders worth Rs. 73 crore

Signet Industries receives orders worth Rs. 73 crore

Geyatee Deshpande Article rating: 5.0

On Monday, Signet Industries informed the exchanges of receiving orders of approximately Rs. 73 crore from L&T Limited and Shapoorji & Pallonji co. Pvt. Ltd. Despite this news, the stock of the company fell by 4.8 per cent on Monday.

Kalpataru Power zooms 4 per cent on new order
Kalpataru Power zooms 4 per cent on new order

Kalpataru Power zooms 4 per cent on new order

Nidhi Jani Article rating: 5.0

The consolidated order book as on June 30, 2019 stood at Rs. 24,918 crores and order inflows YTD FY20 came in at Rs. 4,300 crores. Also, the company has L1 position of around Rs. 2000 crore majorly in Transmission & Distribution business.

Indices extend losses amid profit booking
Indices extend losses amid profit booking

Indices extend losses amid profit booking

Anupama Pattanaik Article rating: 5.0

At the end of the session, the 30-share index Sensex lost 155.24 points or 0.40 percent to settle at 38,667.33, while, the 50-share index Nifty breached 11,500 levels intraday and closed at 11,474.45, down by 37.95 points or 0.33 per cent.

Glenmark to market Montlezir in Russia
Glenmark to market Montlezir in Russia

Glenmark to market Montlezir in Russia

Shohini Nath Article rating: 3.7

Glenmark Pharmaceuticals has received approval from the Ministry of Healthcare, Russia to market Montlezir. Shares of Glenmark, however, were trading 2 per cent lower at Rs. 325.15 in the afternoon session of Monday.


Lakshmi Vilas Bank locked at lower circuit
Lakshmi Vilas Bank locked at lower circuit

Lakshmi Vilas Bank locked at lower circuit

Pratik Shastri Article rating: 2.8

Chennai based private sector bank, Laskhmi Vilas Bank reported that the RBI has initiated the PCA plans against the bank, on Friday, market hours. The stock was locked in lower circuit at Rs. 34.75 in BSE.

Kajaria Ceramics starts commercial production at Andhra facility
Kajaria Ceramics starts commercial production at Andhra facility

Kajaria Ceramics starts commercial production at Andhra facility

Pratik Shastri Article rating: 3.8

Earlier last week, the company had also announced that the KTPL will be merged with the Kajaria Ceramics. The board of directors of the company had approved the scheme of amalgamation. The proposed scheme of arrangement is further subject to approval from NCLT.

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