Value Pick August ’18: Meghmani Organics Ltd, Update


Update “Acquired an Immovable Property”   Meghmani Finechem Limited in its BSE filing has said that the Company has acquired an immovable property in the form of an Industrial Plot No. D-II/13 having area admeasuring 289844.41 sq. meters in GIDC Dahej (Taluka: Vagra, District: Bharuch Gujarat) which is in close proximity of the present manufacturing facility of the Company. The Company has acquired this land considering the future projects. The stock ended at INR 1467 (UP 3.25%) with a

Electronics Mart India Limited IPO – Review


Electronics Mart India Limited - one of the fastest growing consumer durable & electronics retailers in India is planning to raise INR 500 Cr via IPO [Fresh Issue 500 Cr + OFS NIL] Electronics Mart India Limited: Company Details Incorporated in the year 1980, Electronics Mart India Limited (EMI) is the 4th largest “consumer durable and electronics retailer in India” and as of FY 2020, it is the largest player in the Southern region of India in revenue terms with dominance in the states

Happiest Minds Technologies Limited IPO – Update


Update "Award for Excellence in Corporate Governance"   Happiest Minds Technologies Limited - a Mindful IT Company today in its regulatory filing has said that the company is a recipient of the prestigious “Golden Peacock Award for Excellence in Corporate Governance” (GPAECG) for the year 2022. Golden Peacock Awards (instituted by Institute of Directors, India in the year 1991) are now regarded as an industry benchmark of Corporate Excellence worldwide. “Golden Peacock Award for

MapmyIndia Limited IPO – Review


Update “MapmyIndia sign MOU with Uttar Pradesh Police”   MAPMYINDIA (C.E. Info Systems Ltd) - India’s leading advanced digital maps and deep-tech company today in its BSE filing has said that, Uttar Pradesh Police (Government of Uttar Pradesh) and MapmyIndia have entered into an memorandum of understanding (MOU) that will ease traffic and improve safety in the state of Uttar Pradesh (UP). Technology from “MapmyIndia Mappls” will be integrated with the government systems and processes on

Balaji Amines Limited: Update


Update "Commencement of Commercial Production of DMC"   Balaji Amines Limited today in its BSE filing has said that the company has received the “Environmental Clearance and MPCB - Maharashtra Pollution Control Board” permission in the form of Consent to Operate. The commercial production of DMC (Di-methyl Carbonate)/PC (Propylene Carbonate) and PG (Propylene Glyco) has commenced at the Company’s newly set up plant in MIDC (Chincholi, Solapur, Mumbai) with effect from 26th September

Aster DM Healthcare IPO – Update


Update "Subsidiary Company acquired 60% stake in Skin III Ltd"   Aster DM Healthcare Limited (Indian Conglomerate Health Care Provider) has informed the exchange that its step-down material subsidiary “Medcare Hospital LLC” has acquired 60 per cent stake in Skin III Limited (a private company incorporated in Dubai) Skin III Limited is a leader in offering IV Drips (Vitamin and Detox) and other Aesthetics Procedures (HydraFacial, laser hair Removal etc.) Skin III Ltd has tie ups with

Federal Reserve Interest Rate Hike – How It Will Impact


The Federal Reserve (also called “the Fed” or the “Federal Reserve System”) - the central banking system of the USA has increased its “benchmark interest rate” by another 0.75 per cent or 75 basis points in its recent monetary policy meet. Benchmark rates in the US currently sit at 3.25 per cent after the latest Federal Reserve Interest Rate Hike. This is the 3rd successive interest rate hike by the Fed this year rate and policy-makers at the central bank are signalling they aren't done yet

Mindtree Limited: Value Pick Stock October 2020, Update


Update "Currys Collaborates with Mindtree to Deliver a Connected Omni channel Customer Experience"   Mindtree Limited (a Larsen & Toubro Group company) – a “global technology services and digital transformation” company today in its BSE filing has said that it has enabled the UK’s leading retailer of technology products and services (Currys plc - operating online and through 830 stores in 8 countries) to deliver a connected and highly personalised “omni channel shopping experience”

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