Tuesday, 12 December 2017



Bharat Heavy Electricals (BHEL) has successfully commissioned a 54 MW coal-fired captive power project in Indonesia. The 3x18 MW power project located at Sangatta, East Kalimantan, Indonesia has been set up by the company for PT Citra Kusuma Perdana (PT CKP) for their coal-mining operations.


For the project, the company has designed, engineered, manufactured and supplied the Boiler, Turbine & Generator (BTG) island and associated auxiliaries along with supervisory services during erection & commissioning.


BHEL has executed several projects in the region including projects in Malaysia, Taiwan, Thailand and Vietnam. In Indonesia, the company has earlier successfully executed a 2x30 MW boiler project for PT Makmur Sejahtera Wisesa (PT MSW); and 2x11 MW & 1x15 MW captive power projects for PT Indio Bharat Rayon (PT IBR).

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Infosys is currently trading at Rs. 1009.95, up by 6.45 points or 0.64% from its previous closing of Rs. 1003.50 on the BSE.

The scrip opened at Rs. 1003.00 and has touched a high and low of Rs. 1013.40 and Rs. 1000.00 respectively. So far 121867 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1045.00 on 13-Jan-2017 and a 52 week low of Rs. 861.50 on 22-Aug-2017.

Last one week high and low of the scrip stood at Rs. 1013.40 and Rs. 970.00 respectively. The current market cap of the company is Rs. 231640.29 crore.

The promoters holding in the company stood at 12.75%, while Institutions and Non-Institutions held 56.22% and 14.34% respectively.

Infosys has been positioned as a Leader in the 2017 NelsonHall NEAT vendor evaluation for Digital Testing. The company has been rated highly for its overall ability to meet future client requirements, as well as deliver immediate benefits to clients, and is a leader across the three market segments: Overall, Digital Focus, and Agile & DevOps Focus.

NelsonHall evaluated 18 leading vendors offering software testing services and assessed their capabilities across various criteria and business situations to identify the best performing vendors overall, with a specific focus on digital capability and Agile & DevOps capability.

Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.

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V2 Retail has reported results for second quarter ended September 30, 2017.The company has reported around 4-fold jump in its net profit at Rs 4.99 crore for the quarter under review as compared to net profit of Rs 1.28 crore for the same quarter in the previous year. Total income of the company increased by 32.76% at Rs 137.91 crore for Q2FY18 as compared Rs 103.88 crore for the corresponding quarter previous year.


V2 Retail is one of the fastest growing Retail Company in India. The company offers a portfolio of products, including apparel and non-apparel. The company sells readymade, apparels, household merchandise and other consumer goods like footwear, toys, games, cosmetics, home furnishing, decor product, sports items, crockery, novelties and gifts.

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JK Paper is currently trading at Rs. 136.25, up by 0.75 points or 0.55% from its previous closing of Rs. 135.50 on the BSE.

The scrip opened at Rs. 136.00 and has touched a high and low of Rs. 138.60 and Rs. 134.30 respectively. So far 357728 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 140.05 on 11-Dec-2017 and a 52 week low of Rs. 82.85 on 26-Dec-2016.

Last one week high and low of the scrip stood at Rs. 140.05 and Rs. 116.00 respectively. The current market cap of the company is Rs. 2364.19 crore.

The promoters holding in the company stood at 51.10%, while institutions and non-institutions held 14.26% and 34.64% respectively.

Societe De Promotion ET De Participation Pour La Cooperation has sold 21.59 lakh shares of JK Paper on December 11, 2017. Of total, the company has offloaded 12.78 lakh shares of JK Paper at Rs 136.13 on the NSE, while 8.81 lakh shares has been sold at Rs 136.01 on the BSE.

JK Paper is engaged in paper manufacturing business. The company is India’s largest producer of branded papers is a leading player in the printing and writing segment.

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Satin Creditcare Network has received an approval for the allotment of 330 Rated, Secured, Unlisted, Taxable, Transferable, Non-Convertible Debentures of Rs 10,00,000 each aggregating to Rs 33,00,00,000. The Working Committee of Board of Directors of the company vide their resolution dated December 8, 2017 has consider and approved the same.

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country

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Havells India is currently trading at Rs. 546.30, up by 9.00 points or 1.68% from its previous closing of Rs. 537.30 on the BSE.

The scrip opened at Rs. 539.00 and has touched a high and low of Rs. 548.00 and Rs. 535.95 respectively. So far 51,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 564.30 on 23-Oct-2017 and a 52 week low of Rs. 310.50 on 27-Dec-2016.

Last one week high and low of the scrip stood at Rs. 548.00 and Rs. 504.50 respectively. The current market cap of the company is Rs. 34,151.00 crore.

The promoters holding in the company stood at 61.58%, while Institutions and Non-Institutions held 29.12% and 9.30% respectively.

Havells India’s well‐known brand -- Standard -- has forayed into water heater segment with the launch of technologically advanced and aesthetically designed range of Water Heaters. The company has launched five variants in electric water heater ‘Zoe & Zoe Prime’, ‘Ameo’, ‘Amazer’ and ‘Lyft’ with a capacity ranging from 1 ltr to 25 ltr.

Havells India is a leading FMEG company (Fast moving electrical goods) with presence across India. Its product range includes Industrial & Domestic Circuit Protection Switchgear, Cables& Wires, Motors, Fans, Power Capacitors, Luminaires for Domestic, Commercial & Industrial applications, Modular Switches etc.

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Ramco Systems has bagged an order from SUEZ Middle East Water Services LLC, part of Suez, a French-based utility company which is present on all five continents in the water treatment and waste management sectors, to automate HR operations of its Middle East operations. The company will deploy its HCM with Global Payroll Solution to integrate the HR and Payroll processes spread across 8 entities in 3 locations of Middle East.


SUEZ will implement modules for Core HR (Employee records and movements, Travel & Expenses), Payroll (Reimbursements and Employee Self Service), Time and Attendance (Leave Management), Performance Management and Recruitment (Recruitment Administration and On-boarding). In addition to enabling automation and centralization of HR processes across GCC, the application will centralize payroll on a single platform thus significantly reducing the payroll processing time.


Ramco Systems is a fast-growing enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HCM and Global Payroll, ERP and M&E MRO for Aviation.

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