The slowdown has hit private banks the hardest, with their CMI value dropping to a three-year low of 92.
Frontline Strategy offloaded 1.55 lakh equity shares in Patel Integrated Logistics at Rs 26.17 per share, while Ankur Tilakchandra Khona sold 2 lakh equity shares in Vishwaraj Sugar Industries at Rs 144.15 per share.
The company received order worth Rs 106.64 crore from East Coast Indian Railways.
CRISIL has come out with its report on CMI. The research firm has assigned a fair value of Rs 259 per share. However, retained fundamental grade of 3/5 to the company.
CRISIL has come out with its report on CMI. The research firm has assigned a fair value of Rs 259 per share. However, retained fundamental grade of 3/5 to the company.
India is home to six of the world‘s 30 most dynamic cities. In JLL‘s City Momentum Index (CMI) 2017, the country‘s primary IT and technology hub, Bengaluru, sits at the top. It is followed R
CMI's board meeting will be held on March 20 to consider amalgamation of CMI Energy India with self and issue of upto 5 lakh shares on preferential basis to promoters/promoter group.
The company's board in its meeting held on January 16, has approved allotment of equity shares to promoters on preferential basis.
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Share price of CMI rose nearly 4 percent intraday Wednesday as it has bagged an orders for catenary and contact wire worth of Rs 91 crore.
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CMI has reported a consolidated total income from operations of Rs 77.68 crore and a net profit of Rs 1.53 crore for the quarter ended Jun '16
The revenues from CMI's recent acquisition of General Cables Energy (GCE) will start coming in by the second quarter of FY17, says Amit Jain, Managing Director, CMI.
This facility is a part of the recently acquired General Cable Energy from fortune 500 company, General Cable Corporation.