Adani Enterprises sign concession agreement with AAI Adani Enterprises sign concession agreement with AAI Apurva Joshi / Friday, February 14, 2020 / Article rating: 3.9 Adani Enterprises’ three wholly-owned subsidiaries namely, Adani Ahmedabad International Airport Limited, Adani Lucknow International Airport Limited and Adani Mangaluru International Airport Limited have signed a concession agreement today with Airports Authority of India (AAI) for the operations, management and development of Ahmedabad (Gujarat), Lucknow (Uttar Pradesh) and Mangaluru (Karnataka) airports, respectively.
Sensex slumps 200 points post SC order on AGR dues Sensex slumps 200 points post SC order on AGR dues Avalokita Pandey / Friday, February 14, 2020 / Article rating: 4.0 Sensex on Friday opened higher and was trading firmly when Supreme Court ordered the telecom companies to deposit Adjusted Gross Revenue (AGR) dues worth Rs 1.47 lakh crore by March 17, 2020. Post the announcement, there was a sudden fall in the equity markets.
Vascon Engineers receive LoA for order worth Rs 131.53 crore Vascon Engineers receive LoA for order worth Rs 131.53 crore Anthony Fernandes / Friday, February 14, 2020 / Article rating: 3.9 The shares of Vascon Engineers were trading in green on Friday after the company announced that it had received a Letter of Acceptance (LoA) for a work order amounting to Rs 131.53 crore from Mumbai Metro Rail Corporation (MMRC), a joint venture of the Government of India (GOI) and the Government of Maharashtra.
Jindal Poly Films gain after board approves expansion plans Jindal Poly Films gain after board approves expansion plans Pratik Shastri / Friday, February 14, 2020 / Article rating: 3.9 The company in its press release stated that it has received its board’s approval for the expansion plans by way of investment of Rs 700 crore in Polyester Film Line-1 and BOPP Film Line-9.
Going beyond PE ratio! Going beyond PE ratio! Rishikesh Gaikwad / Friday, February 14, 2020 / Article rating: 3.6 Price-to-Earnings (PE) ratio is one of the most popular tools used by investors throughout the world for judging whether a stock is over or undervalued at the current market price.
Uflex Poland subsidiary proposes brownfield expansion Uflex Poland subsidiary proposes brownfield expansion Apurva Joshi / Friday, February 14, 2020 / Article rating: 3.5 The board of directors of Uflex Limited has proposed brownfield expansion to be undertaken by its step-down subsidiary company-Flex Films Europa Sp. Z.o.o (Poland).
Fertiliser stocks drop 3 per cent averagely post Budget Fertiliser stocks drop 3 per cent averagely post Budget Pratik Shastri / Friday, February 14, 2020 / Article rating: 5.0 The stocks such as Nagarjuna Fertilisers & Chemicals, Fertilisers & Chemicals Travancore, Zuari Agro, National Fertilisers etc rose by 37.60 per cent, 21.90 per cent, 21.73 per cent and 18.26 per cent, respectively.
Rupee weakens on strengthening of American currency overseas Rupee weakens on strengthening of American currency overseas Nidhi Jani / Friday, February 14, 2020 / Article rating: 5.0 Though, easing crude oil prices and foreign fund inflows supported the domestic unit and restricted its fall. Foreign Institutional Investors (FIIs) bought shares worth Rs 1,061.39 crore on Thursday, exchange data showed.
Avenue Supermarts issue OFS at Rs 2,049 per share Avenue Supermarts issue OFS at Rs 2,049 per share Pratik Shastri / Friday, February 14, 2020 / Article rating: 4.0 The parameter throws light on the revenue growth in already operational stores for at least 24 months. Strong growth here shows that the company’s growth is due to the currently operational stores as well as the new addition of stores.
Five stocks with buying interest Five stocks with buying interest Abhishek Kapoor / Friday, February 14, 2020 / Article rating: 4.6 The market opened in the green on February 14, 2020, overall volumes in futures & options currently stand at 4.15 crore contracts with a turnover of Rs. 28,46,771.71 crore.