Browsing tag: Value Pick

VALUE PICK AUGUST ’17: LARSEN & TOUBRO LIMITED, Update


Update "Win Contract for Water & Effluent Treatment Business"   The Water & Effluent Treatment business of L&T Construction (arm of Larsen & Toubro Ltd) has secured a repeat order from the Department of Water Resources (Government of Odisha) to execute a “Pressurized Underground Pipeline Irrigation Network System” for the Right Command of Lower Suktel Irrigation Project. The project involves Survey, Design, Engineering, Supply, Laying, Installation, and Commissioning of

VALUE PICK SEPTEMBER ’17: KNR Constructions Ltd, Update


Update: Fixing of Record Date for the "Bonus Issue" The Executive Finance Committee of the Company, in their Meeting held on 24 January 2021, fix Thursday the 04-02-2021 as the Record Date for the purpose of proposed Bonus Issue.     18 December 2020 Update: KNR Constructions share rallied over 9% in the later half of the day on December 18 as the company issue bonus shares. The Company has announced a Bonus share in the ratio of 1:1. The Company said - 1 (one) bonus

VALUE PICK JULY ’17: Glenmark Pharmaceuticals Limited, Update


Update: Q4 Results FY'20 Glenmark Pharmaceuticals Limited (GPL) - a research-led global integrated pharmaceutical company, on Friday announced its financial results for the 4th quarter and year ended March 31, 2020. The company's consolidated revenue for the quarter rose 7.96% to INR 2,767.48 Cr as against INR 2,563.47 Cr a year ago. The Company posted a 36.28% rise in its consolidated net profit to INR 220.3 Cr for the 4th quarter ended March 31, 2020. The drug firm had reported a net

Value Pick December ’18: VIP Industries Limited


VIP Industries Limited, popularly known as ‘VIP’ is an Indian luggage maker which is the world's second largest and Asia’s largest luggage maker based in Mumbai, Maharashtra, India. History: VIP Industries Incorporated in the year 1968, VIP Industries Limited manufactures and sells luggage bags and accessories. The very first VIP Suitcase was manufactured in the year 1971. Since then, VIP Industries has sold over 60 million pieces of luggage to people around the world and have subsequently

VALUE PICK JUNE ’17: Swelect Energy Systems Limited


Company Background - History - Numeric Power Systems Limited has been incorporated as a Public Limited Company on 12th September 1994 and obtained the Certificate of Commencement of Business on 21st September 1994. From 2012 onwards the company is known as Swelect Energy Systems Limited. Business & Collaboration - The company manufactures UPS systems and have the largest number of installations in the country. The company has technical collaboration with M/s High-Performance Drives

VALUE PICK MAY ’17: SANGHVI MOVERS LIMITED


Company Background - History - Sanghvi Movers Limited was incorporated as a Private Limited Company under the Companies Act, 1956, on 3rd November 1989 and subsequently converted into a public limited company on 2nd November 1994 by passing a special resolution in the extraordinary general meeting held on 1st October 1994. Business - Sanghvi Movers Ltd, a flagship company of the Sanghvi Group, is one of the largest cranes hiring company in India, third largest in Asia and ranked tenth

Value Pick April ’17: GeeCee Ventures Limited


Company Background - History: GeeCee Ventures Limited was incorporated on February 14, 1984, as a private limited company with the name Shubham Aromatics Private Limited. On October 1, 1985, the company was converted into a public limited company and consequently, the name of the company was changed to Shubham Aromatics Limited. The Promoters of the Company had also promoted another company, in 1978, viz. Gwalior Chemicals Private Limited (GCPL) which company was also in the business of