Varun Industries

Stocks in news: Ranbaxy, Mangalore Chemicals, Mastek, SAIL

Exchanges to suspend trading in Kingfisher, UB Engineering

The action follows non-compliance to a Listing Agreement clause relating to timely preparation and disclosure of financial results by a listed company for two consecutive quarters

Varun Ind standalone Dec '13 sales at Rs 3.41 crore

Varun Industries has reported a standalone sales turnover of Rs 3.41 crore and a net loss of Rs 59.89 crore for the quarter ended Dec '13

Varun Ind standalone Sep '13 sales at Rs 11.88 crore

Varun Industries has reported a standalone sales turnover of Rs 11.88 crore and a net loss of Rs 108.69 crore for the quarter ended Sep '13

Varun Industrie standalone Jun '13 sales at Rs 18.46 crore

Varun Industries has reported a sales standalone turnover of Rs 18.46 crore and a net profit of Rs 138.56 crore for the quarter ended Jun '13

Varun Industrie standalone Dec '12 sales at Rs 31.33 crore

Varun Industries has reported a sales standalone turnover of Rs 31.33 crore and a net profit of Rs 23.24 crore for the quarter ended Dec '12

Stay away from Tulip Telecom, Varun Industries: SP Tulsian

SP Tulsian, sptulsian.com advises traders to stay away Tulip Telecom and Varun Industries. He is positive on Royal Orchid.

SP Tulsian positive on infra, cement and media

In an interview to CNBC-TV18 SP Tulsian,sptulsian.com says he is positive on infrastructure, media and cement and they are the sectors on his radar.

Varun Industrie Sep '12 sales at Rs 40.24 crore

Varun Industries has reported a sales turnover of Rs 40.24 crore and a net loss of Rs 103.70 crore for the quarter ended Sep '12

SBI, Indian Bank top lenders in Rs 4,300 cr debt recast

State-owned lenders continue to grapple with asset quality problems. The State Bank of India and Indian Bank emerged as the top two lenders in the latest two loan restructuring cases at about Rs 4,300 crore including Bhubaneswar based Visa Steel (at Rs 2,540 crore) and Mumbai-based Varun Industries (at Rs 1,755 crore).

Varun Industries hits 52-week low; slips 30% in 5-days

Today share of Varun Industries has touched a 52-week low of Rs 79.30. However, it slipped more than 30% in the last five days.

Varun Inds halves in 15 days on buzz of margin call trigger

Varun Industries is down 20%. The stock is down 40% in the last two trading sessions. The stock is locked in lower circuit for the second consecutive day, talk that margin calls have forced brokers to offload the stock.

Varun Group sells stake in Madagascar oil wells for $150 mn

Varun Industries has sold 51% stake in its onshore oil blocks in Madagascar at an upfront payment of $150 million to China’s De Qing Group. The former has also said it will form a joint venture with Da Qing to explore the 6,884 square kilometer block in Madagascar.

Buy Varun Industries; target Rs 280: Firstcall Research

Firstcall Research is bullish on Varun Industries and has recommended buy rating on the stock with a target price of Rs 280 in its October 19, 2011 research report.

Buy Varun Industries; target Rs 285: Firstcall Research

Firstcall Research is bullish on Varun Industries and has recommended buy rating on the stock with a target of Rs 285 in its September 26, 2011 research report.

Buy Varun Industries: Rajesh Agarwal

Buy Varun Industries, says Rajesh Agarwal of Eastern Financiers.

Bull's Eye: Buy Jet Airways, BHEL, TCS, Eros International

Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.

Varun Industries Q1 standalone net profit up at Rs 18.5 cr

Varun Industries has reported a standalone net profit of Rs 18.5 crore in the quarter ended June 2011 as against Rs 11.6 crore in the corresponding quarter last fiscal.

Suzlon Energy gets Rs 483 crore worth orders in India

Wind turbine maker Suzlon Energy has got 85 mega watt worth orders valued at Rs 483 crore from various companies in India.

Varun Ind arm in pact to supply mineral concentrate

Varun Energy Corporation, a Madagascar unit of Mumbai-based Varun Industries, has signed an agreement with the Department of Atomic Energy to sell all its heavy minerals concentrate that that it will mine from its Madagascar blocks.

Buy Varun Industries; target Rs 260: Agarwal

Buy Varun Industries; target Rs 260, says Rajesh Agarwal, Head of Research at Eastern Financiers.

Varun Ind Madagascar arm in MoU with PSU; stock up 5.5%

Varun Industries Madagascar arm is in MoU with PSU under atomic energy department. The company will sell 0.5 mtpa rare earth to PSU in 8-10 months, reports CNBC-TV18. It touched a 52-week high of Rs 262.90. At 11:50 hrs the share was quoting at Rs 259.35, up Rs 13.60, or 5.53%.

Buy Varun Industries with target of Rs 235: Rajesh Agarwal

Buy Varun Industries with a target of Rs 235, says Rajesh Agarwal, Head of Research at Eastern Financiers.

Earnings to seize impact of discovery in FY13: Varun Inds

AP Dhurandhar, VP of the company, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, said that they discovered 10 blocks of heavy mineral sand deposit in Southern Madagascar. He said, "Each of the block measures around 2.5 kilometres by 2.5 kilometres with a total area of 62.5 square kilometres."

Varun Industries finds heavy mineral deposits in Madagascar

Varun Industries has discovered 10 heavy mineral sand mining blocks in Madagascar containing 266.8 million tonne worth ilmenite, zircon, garnet, monazite and rutile among other minerals.