Borosil Glass Works has reported a sales total income from operations of Rs 72.24 crore and a net profit of Rs 11.05 crore for the quarter ended Jun'18
Borosil Glass said its profit in July-September quarter increased 25 percent year-on-year to Rs 13.5 crore, driven by operational performance.
Ashwani Gujral of ashwanigujral.com recommends buying Muthoot Finance and Reliance Industries and picks Yes Bank as a sell.
It has considered and approved split of equity shares from Rs 10 per share to Re 1 per share subject to approval of members.
Union Finance Minister Arun Jaitley on Sunday clarified that there is no plan to impose long-term capital gains tax on securities investments. Speaking to CNBC-TV18, SP Tulsian says that if there is long-term capital gain tax then that should not be along with the securities transaction tax (STT).
Sun Pharma | Tata Motors | Tata Global Beverages | Tata Chemicals | Tata Steel | Tata Power | Indian Hotels | Wockhardt | Cipla | Granules India | IL&FS Transportation | Tata Coffee | Phoenix Mills | Jet Airways | SpiceJet | InterGlobe Aviation | Borosil Glass and Opto Circuits are stocks, which are in the news today.
NTPC | IOC | NALCO | Zee Learn | Tree House | Swelect Energy | Aban Offshore | CEAT | Deepak Fertilizers | Fortis Healthcare and Jindal Stainless are stocks, which are in the news today.
The impact of demonetisation will be felt in the third quarter of this fiscal as tertiary sales have come down by 30-40 percent despite primary sales not wavering much, says Shreevar Kheruka, MD of Borosil Glass.
Shares of Borosil Glass Works have increased threefold over the past one year as the company has posted strong revenue and EBIDTA growth over the past few quarters.
The new limits, effective tomorrow, will ensure stock prices do not go up or down beyond a level during a session.
Borosil Glass Works has reported a sales total income from operations of Rs 52.25 crore and a net profit of Rs 9.88 crore for the quarter ended Jun '16
Borosil MD Shreevar Kheruka said: "Our investment will help Klasspack to ramp up facilities and production to give our current pharmaceutical customers a high quality choice for sourcing their pharmaceutical packaging needs."
Borosil paid for the aquisition by internal accruals, with Kheruka adding that the company does not have any debt in its balance sheet.
The company has acquired 60.3 percent stake in Nashik based Klasspack for an undisclosed amount.
"Borosil has made an investment of Rs 22.00 crore by way of subscription in 6 percent optionally convertible non-cumulative redeemable preference shares in Hopewell Tableware, its unlisted wholly owned subsidiary," says the company in its filing.
Bharti Airtel | JSW Energy | SBI | Rolta India | HFCL | Indoco Remedies | Allcargo Logistics | Canara Bank | Coffee Day Enterprises | JMC Projects | Urja Global | Rollatainers | Persistent Systems | McNally Bharat Engineering | Maruti Suzuki | United Spirits | Eros International and Titan Company are stocks, which are in the news today.
Stocks likely to be in the news are: Titagarh Wagons, Texmaco Rail and Engineering, Kalindee Rail Nirman (Engineers), Siemens, ABB India, Cimmco,Stone India, BEML, Gateway Distriparks, Navkar Corporation, Castrol India, Crompton Greaves, GVK Power & Infrastructure.
Borosil Glass Works has reported a sales total income from operations of Rs 64.14 crore and a net profit of Rs 14.19 crore for the quarter ended Dec '15
DLF | Jaiprakash Associates | TVS Tyres | Jet Airways | Tata Power | Indo Count | PC Jeweller | Cummins | KPIT Technologies | Rallis India | Glenmark | Info Edge | Jamna Auto | Borosil Glass Works | Vakrangee | AstraZeneca | McDowell Holdings | PTC India | Claris Life and Sobha are stocks, which are in the news today.
Borosil Glass Works today said it will acquire Jaipur-based Hopewell Tableware for a total Rs 27.03 crore.
Infosys | Tata Steel | Tata Motors | Mindtree | Pipavav Defence | Jaiprakash Associates | IDBI Bank | VRL Logistics | Cadila Healthcare | HDIL | Saint-Gobain | Piramal Enterprises and Everest Industries are stocks, which are in the news today.
Stocks that are in limelight in today's trade are: ICICI Bank, United Breweries Holdings, Triveni Engineering and Industries, Sakthi Sugars, Bajaj Hindusthan, Shree Renuka Sugars, Balrampur Chini Mills, Kaveri Seed Company, Borosil Glass Works, Mahindra and Mahindra, State Bank of India.