1.45 crore shares were traded in Tata Teleservices (Maharashtra) counter on BSE today. The scrip topped volumes on BSE. The share price rose 2.48% to Rs 28.90.

Tata Teleservices (Maharashtra) reported a net loss of Rs 28.43 crore in Q1 June 2007 as against net loss of Rs 112.59 in Q1 June 2006. Sales rose 21.47% to Rs 393.34 crore in Q1 June 2007 over Q1 June 2006. The results were announced on 30 July 2007.

SEL Manufacturing Company clocked the second highest volume of 1.34 crore on BSE. The share price declined 12.11% to Rs 192.40.

SEL Manufacturing Company announced on 24 August 2007, that it had bagged $18-million export order for readymade garments. The order is to be executed in three stages up to January 2008, commencing from September 2007.

The stock made its debut on bourses on 21 August 2007. The company had fixed the issue price at top end of the Rs 80 - Rs 90 price band. SEL Manufacturing Company's IPO had ended on 31 July 2007 with 3.62 times subscription.

The company aims to expand its capacities in spinning, knitting and garment manufacturing at a total cost of Rs 184.5 crore. The debt of Rs 103.7 crore is fully tied up under technology upgradation fund scheme.

IFCI clocked the third highest volume of 76.74 lakh shares on BSE. The share price rose 4.5% to Rs 61.60.

The derivative contracts in IFCI underlying are currently in the ban period on NSE as it has crossed 95% of the market-wide position limit.

The Delhi-based financial institution on 14 August 2007 invited expression of interest (EoI) from domestic and foreign investors to buy a 26% stake. The deadline for submitting EoI is 14 September 2007. It will follow a two-stage process for the selection of a strategic investor by end January 2008.

IFCI announced on 6 August 2007 that the board of directors of the company at its meeting held on 4 August 2007, has approved inviting of expression of interest from strategic investors. The stock has surged since the beginning of this month on the back of reports that Citigroup, Lehman Brothers, BNP Paribas, Deutsche Bank and Barclays are interested in buying 26% in the financial services firm.

Reserve Bank of India said on 7 August 2007 that foreign funds can no longer invest in state-run IFCI without the bank's permission, as these investments had reached the 22% limit.

UCO Bank clocked the fourth highest volume of 64.80 lakh shares on BSE. The share price rose 6.08% to Rs 27.90.

Net profit of UCO Bank rose 116.05% to Rs 132.87 crore 26.98% rise in total operating income to Rs 1552.98 crore in Q1 June 2007 over Q1 June 2006.

IQMS Software clocked the fifth highest volume of 61.43 lakh shares on BSE. The share price declined 2.59% to Rs 3.39.

IQMS Software is setting up an information technology convention center near Mumbai. The convention center will have standards of 3-star and a conference room.

Net profit of IQMS Software rose 1800% to Rs 0.19 crore on 754.55% rise in sales to Rs 0.94 crore in Q1 June 2007 over Q1 June 2006. The results were announced on 28 July 2007.

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