The company has signed definitive agreements with Ramky Infrastructure for sale of entire equity stake of 11,67,50,000 shares.
The significance of 'Provisional Completion Certificate' would mean that the company is now entitled to receive annuity from NHAI as per the provisions of Concession Agreement.
Ramky Infrastructure today returned to black posting a net profit of Rs 27.63 crore in the third quarter ended December 2016.
The company had posted a standalone net loss from ordinary activities after tax of Rs 83.6 crore in the corresponding quarter of previous fiscal, Ramky Infrastructure said in a BSE filing.
Tata Motors | Coal India | Bharat Forge | Adani Ports | Axis Bank | DLF | Jindal Steel | Power Grid | Wockhardt | Royal Orchid | Asian Oilfield | Mandhana Retail | Scanpoint Geomatics | Bajaj Electricals | Omkar Speciality | HCC | Kaveri Seed | Pratibha Industries | Bombay Rayon are stocks, which are in the news today.
Company's net loss from ordinary activities after tax in the corresponding quarter of previous fiscal was Rs 63.01 crore, Ramky Infrastructure said in a filing to BSE.
National Highways Authority of India (NHAI) has awarded contracts worth Rs 1,646 crore to Ashoka Buildcon and Ramky Infrastructure for building two highway projects in Jharkhand.
Mahindra and Mahindra | Max India | Dish TV | Hexaware | Tata Steel | Marico | DLF | SRS | Cupid | Ramky Infra | Capital First | NALCO | IndiaNivesh | Hinduja Ventures and Emami are stocks, which are in the news today.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today.
It includes order of Rs 50.74 crore for development and beautification of road / crossing from Hall gate to Golden temple and back to Pink plaza, Amritsar including shifting of utilities / services.
"Ramky Infrastructure Ltd has been awarded projects worth Rs 612.88 crore in the states of Chhattisgarh and Punjab," the company said in a BSE filing.
Ramky Group Managing Director Goutham Reddy says two large road projects in Jammu and Kashmir and Andhra Pradesh boosted Ramky Infra's revenues.
Ramky Infrastructure reported standalone net profit of Rs 173.53 crore for the fourth quarter ended March, on the back of higher income
Its total income rose to Rs 349.49 crore in third quarter from Rs 304.56 crore in same period of the last fiscal, the company said in a regulatory filing today.
Coal India | Ramky Infra | Tata Steel | Infosys | Reliance Industries | Jindal Steel & Power | Welspun Corp | GMR Infrastructure | Pipavav Defence | Prestige Estates | IVRCL | MMTC | McNally Bharat | Sobha | EID Parry | TV Today and BGR Energy are stocks, which are in the news today.
"YES Bank has participated in joint lenders forum (JLF) restructure and has completed the documentation," said the company in its statement.
Maruti Suzuki | Dr Reddy's Labs | Bajaj Auto | SPARC | Supreme Industries | Aurobindo Pharma | Adani Enterprises | Shiv Vani Oil | Indian Hume Pipe | India Cements | Gammon India | Titagarh Wagons | Prime Focus | Ramky Infra | UltraTech Cement | Castex Technologies and Aban Offshore are stocks, which are in the news today.
Jay Thakkar, CMT at Sharekhan is of the view that above Rs 36.50, Ramky Infra may test Rs 43.
Globally, every market is waiting for the outcome of two-day meeting held by Federal Open Market Committee.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Hathway Cables, Ramky Infra, Jubilant Life, Gayatri Projects, Indiabulls Housing Finance, Dewan Housing, Opto Circuits and Nalco.
According to CNBC-TV18 reports, Hyderabad-based Ramky Infrastructure has planned to sell the land owned by arm near industrial park in Hyderabad and to divest assets worth Rs 1,081 crore.
Here is a list of stocks that you need to keep on your radar and what could move up or down based on the news they make for the day ahead.