Posts Tagged ‘industries’

Octant signs pact for castor farming

Octant Industries has entered into farming agreement for 1,000 acres of land with the farmers across the Sundergarh, Jharsuguda and Sambalpur districts of Orissa for farming castor plants, which is a backward integration for the company. The company will grow castor seeds and use it as feed stocks for castor derivatives manufactured at its plant located in Hyderabad. Commenting on the above managing director, Manmohan…

Octant bags export orders worth Rs 30 mn

Octant Interactive Technologies has bagged combined export orders for castor derivative to the tune of Rs 30 million from its foreign customers – Rita Corporation of USA, Nano Chemicals of South Korea and Alsalama Chemicals of Kingdom of Saudi Arabia. The company exports its products to various countries and is rapidly positioning itself as a high quality and preferred supplier

VST Industries to consider dividend

VST Industries has its Board of Directors meeting on April 13, 2011 to consider dividend.

Book profits in Titan, Adani, Aban Offshore: CanMoney

Broking firm Canara Bank Securities (CanMoney) said current levels can be utilized for profit booking in the intraday positions of Titan Industries, Adani Enterprises and Aban Offshore. “At noon, the market continued its weakness and was trading with a little higher volatility

Hindusthan National Glass rises on overseas acquisition

Shares of Hindusthan National Glass & Industries are trading at Rs 223.80, up Rs 6.9, or 3.18% at the Bombay Stock Exchange (BSE) on Monday at 2:48 p.m. On reports the company is expected to finalize a strategic overseas acquisition in the pharmaceuticals space in the next two-three months.

Book profits in Godrej, Jubilant Life, RCap: CanMoney

Broking firm Canara Bank Securities (CanMoney) said current levels can be utilized for profit booking in the intraday positions of Godrej Industries, Jubilant Life Sciences and Reliance Capital. “Sensex was at 19,415, down 29 points from its previous close, and Nifty was at 5,818 down 15 points. CNX Midcap index was up 1.25% and BSE Smallcap index was up 1.76%

Pratibha Industries looks good: Mavani

Pratibha Industries looks good, says Vivek Mavani, Vice President Senior Portfolio Manager, Brics Securities.

Iron ore exports drops by 18.60% in February

Continuing its declining trend for the eighth consecutive month, India`s iron ore exports in February has gone down by 18.60% to 10.13 million tonnes (MT). The outbound shipment of the vital steel-making raw material during April-February period also declined by 17.98% to 85.43 MT, mainly on account of export ban imposed by Karnataka government

Titan Industries eyes small towns to hit high growth path

Titan Industries is in an expansion mode and is eyeing the midmarket in the country, that is, TierII and TierIII cities where demand for consumer durables is being stoked by rising personal incomes. It also has plans to enter Indonesia during financial year 201112, reports businesstoday.

Reliance Industries, D. E. Shaw Group announces Joint Venture

Reliance Industries and D. E. Shaw Group announces Joint Venture

Sensex tests 19K; ONGC, LT, SBI, Bharti lead

Financial, infrastructure, auto and FMCG companies’ shares were supporting the Sensex to touch the 19,000 mark and the Nifty to 5,700 level in the afternoon trade today. ONGC, Bharti Airtel and Wipro were other gainers. Reliance Industries too turned back into green territory.

Reliance Industries bids for 6 oil blocks: Source

Reliance Industries has submitted sole bids for six exploration blocks under the latest exploration licence round, an industry source told reporters on Monday.

IIFL recommends `Buy` on Sintex Industries

IIFL has recommended ` Buy ` on Sintex Industries with a price target of Rs 149 as against the current market price (CMP) of Rs 141.7 in its report dated Mar.

Hindalco Industries has target of Rs 280: Singla

Hindalco Industries has target of Rs 280, says Manoj Singla, MD Co Head Product, Religare Capital Markets.